The government of India has announced the launch of Bharat 22 ETF or Exchange Traded Fund. This ETF would constitute of 22 companies (and hence the name) including central PSUs, government banks and some holdings of the government’s investment arm SUUTI. This is the second ETF from Government after CPSE ETF which was first launched […]
Bharat 22 ETF: Should you Invest? Read More »
Government of India notified that PPF account holders can now close their PPF accounts prematurely in certain extreme cases with penalty. We explain you the conditions and the penalty impact. When can PPF Account be Closed before Maturity? The PPF account can be closed before maturity if it has been operation for at least 5
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Whenever we reach close to goals, it’s always recommended to shift the investment from risky avenues to safer options. In this post we talk about which is the best option to park your money if you investment horizon is less than 6 months. Where to Park Money for Very Short Term? You can choose to park
Where to Park Money for Very Short Term [less than 6 Months]? Read More »
Arbitrage mutual funds are good investment option for short term, especially for someone in higher tax bracket. The reason being their pre-tax return is comparable to the bank fixed deposits but is tax free if invested for more than 1 year and taxed at 15.45% if redeemed before 1 year of investment. interest on FDs are taxed
Below is the Press Release by Government of India on the controversy surrounding Did Number of Taxpayers Increase Massively after Demonetization? “Clarification regarding number of Taxpayers added after Demonetization “ Various news reports/articles have appeared in the media regarding inconsistency in the estimates of the number of taxpayers added after demonetization. It has been commented that
Did Number of Taxpayers Increase Massively after Demonetization? Read More »
