Franklin India announces tax free dividends in two schemes
The fund house has announced tax free dividend for Franklin Infotech Fund and Franklin India Opportunities Fund.
by Team Cafemutual Oct 26, 2015
India ranks 1st in investor confidence index: Emerging Affluence Report 2015
90% of respondents feel India has good prospects for entrepreneurs to launch and grow successful businesses.
by Banali Banerjee Oct 26, 2015
8 funds houses to compete in T20 cricket tournament
Axis, DSP BlackRock, ICICI Prudential, Kotak Mahindra, HSBC, Motilal Oswal, Religare Invesco and SBI to faceoff in the first ‘T-20 Corporate Challenge Cricket Cup 2015’.
by Team Cafemutual Oct 23, 2015
Mutual funds can invest in Gold Monetization Scheme
RBI issues guidelines on Gold Monetization Scheme.
by Team Cafemutual Oct 23, 2015
54% of working Indians plan to continue working post retirement: HSBC Global report
Globally, more than half (54%) of working age people who plan to semi-retire want to do so by staying in the same job or career but working fewer hours.
by Banali Banerjee Oct 23, 2015
IFAs rejoice as AMCs start auto-populating EUINs
AMCs are updating EUINs on their own for individual ARN holders, instead of distributors having to furnish EUIN to R&Ts.
by Ravi Samalad Oct 23, 2015
AMCs rebranding ELSS to attract wider category of investors
Many AMCs have dropped the term ‘tax saving’ from their ELSS schemes and repositioned them as long term equity funds.
by Ravi Samalad Oct 23, 2015
Where to invest for saving tax?
Most of us want to reduce the tax outgo on our salary as much as possible. For this purpose, the investment limit of Rs.1.5 lakh a year, allowed as deduction from your income under Section 80C of the Income Tax Act, can play a large role.
by Source: India Today Oct 21, 2015
Financial institutions, mutual funds pitch for easier taxation norms
by Financial institutions, mutual funds pitch for easier taxation norms Oct 21, 2015
AMFI issues uniform guidelines on FATCA compliance
Many AMCs had stopped accepting investments from US citizens due to stringent norms under Foreign Account Tax Compliance Act (FATCA).
by Nishant Patnaik Oct 21, 2015
2 more foreign AMCs to exit Indian MF industry
While Goldman Sachs is selling its business to Reliance MF, Nomura is reported to be selling its stake to LIC Housing Finance and LIC of India.
by Team Cafemutual Oct 21, 2015
India ranks last in global pension index: Mercer report
The Indian pension index value fell from 43.5 in 2014 to 40.3 in 2015 primarily due to a drop in the household savings rate.
by Banali Banerjee Oct 20, 2015
IFA Associations to meet Sumit Bose committee members
IFA Associations will share their feedback on the wide-ranging changes proposed by the nine-member committee.
by Ravi Samalad Oct 20, 2015
