Versha Jain | Author at https://www.outlookindia.com
Capital loss reported in income tax returns (ITR) can be carried forward to set off capital gains in the future as per Income tax rules
Earlier, one had to consult a lawyer in person to write a Will, but with digital advancement, one can create a Will nowadays online.
AIS was launched in November 2021 on the income tax portal for taxpayers to refer to for getting adequate details for filing their taxes.
A loan against collateral is cheaper than a loan without collateral. Here’s how you can encash your financial assets or investments without losing your ownership.
When you change a job, you will need to transfer the Employees Provident Fund (EPF) to the new PF account. Know the process and how it helps.
In case of death of the PPF accountholder, the nominee or the legal heir can claim the amount lying in the PPF of the subscriber
Health insurance companies ask customers to mention in their application forms if they are a smoker and, if yes, the duration. They may also have to state if they are a compulsive smoker.
If you need cash, your credit card may not be very beneficial, but you may apply for a loan using your credit card.
Although there are many mutual fund schemes, no fund can always provide superior returns. So, keep track of their performance to reap the most benefit
The government-backed Sukanya Samriddhi Yojana is aimed at helping Indian parents build a corpus for their daughters towards for their education and other needs. This scheme offers a safety net to the girl child in future while also offering tax benefits to the parents
Mass layoffs are common nowadays and as such, the need to include such a risk in your financial planning is paramount, given that a sudden loss of income could be devastating.
Although first-time investors may not have a specific financial goal immediately, they can consider investing in these instruments as they could use the accrued sum according to their needs later.
One can hardly imagine the problems of senior citizens with limited financial means. In India, they are typically dependent on their children, but if you happen to be financially secure, here’s how you should contribute to the expenses while living with your children
Five-year tax saving fixed deposits are one of the popular choices for senior citizens because of the dual benefits of tax saving and guaranteed returns. But, there are other factors too which seniors should keep in mind before locking their money in these instruments for five years
With inflation hovering around 6 per cent, the 3-4 per cent interest rates on most savings accounts hardly provide any relief. So, here’s what you can do
Public Provident Fund (PPF) investment pays interest annually but is calculated monthly. How should you take the maximum benefit?
The rate of interest on the Senior Citizen Saving Scheme has been increased to 8.2 per cent effective April 1, 2023. Also, the limit for maximum investment has been enhanced to Rs 30 lakh from this financial year. So, should you continue with your existing investment or withdraw and reinvest?