India may issue $5 billion bonds next year with no FPI cap
The government is likely to issue the bonds in several tranches of at least $400 million each.
by Source: The Economic Times Feb 5, 2020
Income Tax Refund: Not got your tax refund yet? Here is what might have gone wrong
There can be various reasons why you have not received your tax refund yet. Once you visit the refund status in the income tax e-filing portal, your list of issues will be mentioned there.
by Source: The Financial Express Feb 5, 2020
New income tax rates will impact insurance agents' incomes
Life Insurance Corporation of India (LIC) has about 11.89 lakh agents. Bulk of the insurance policies sold are with a sum assured of ₹1 lakh to ₹5 lakh
by Source: Livemint Feb 5, 2020
From old income tax regime to new: What deductions you would lose and what would still be available?
The new income tax regime has lower slab rates, but it allows very few deductions as well, which is a major deterrent in adopting the new regime.
by Source: The Financial Express Feb 5, 2020
Post-Budget, growth option becomes more attractive for MF investors
Unlike MF investors, those betting on direct equities may feel the pinch because dividend payout is not under their control
by Source: Business Standard Feb 4, 2020
New Income Tax Regime: Who would benefit by shifting to new regime? Case study
Once shifted to the new income tax regime, you can't come back to the old regime and lose the opportunity to invest to avail deductions and save taxes.
by Source: The Financial Express Feb 4, 2020
A mutual fund investor’s (5-minute) guide to Budget 2020
If you are opting for the new tax regime for convenience, you should be careful about your savings and investments.
by Source: The Economic Times Feb 4, 2020
You may have to pay more upfront for your foreign travel and education
The budget imposes a 5% TCS on booking foreign tour packages
If PAN is not provided to the AD, TCS will be collected at 10%.
by Source: Livemint Feb 3, 2020
New debt ETF proposed in Budget 2020; should you invest?
Finance minister Nirmala Sitharaman in her budget speech today announced to float a new debt ETF comprising primarily of government securities.
by Source: The Economic Times Feb 3, 2020
New tax regime: Life, health insurance may lose lure as tax sops turn optional
Stocks on insurance companies fell following the budget announcement. Insurers say insurance was always a push product and now with the key incentive “tax” being removed not many might think of financial protection and fiscal prudence.
by Source: The Economic Times Feb 3, 2020
12 equity mutual fund managers on Budget 2020
From a budget perspective, I don’t think it’s very negative or positive. The markets are down because there were a lot of expectations from the budget, said Jinesh Gopani of Axis AMC.
by Source: The Economic Times Feb 3, 2020
Should you say bye to ELSS, Section 80C, and opt for new tax rate?
In order to provide significant relief to individual taxpayers and to simplify the Income-Tax law, Finance minister Nirmala Sitharaman, in the Budget 2020 speech, proposed to bring a new and simplified personal income tax regime.
by Source: The Economic Times Feb 3, 2020
LTCG tax stays; budget 2020 disappoints mutual fund investors
Returns on investments in equity mutual funds held over a year are treated as long-term capital gains and taxed at 10% on gains of over Rs 1 lakh in a financial year.
by Source: The Economic Times Feb 3, 2020
