Taxation Of Dividends After Budget 2020-21
In her Budget for 2020-21, the Finance Minister has abolished Dividend Distribution Tax (DDT) and shifted the burden of tax on dividends in the hands of recipients of dividend income. The company pays dividends from the accumulated profits in the reserves in its...
What is 360-degree investment planning and its benefits
Financial planning is never done in isolation. It always makes sense to plan your finances in the context of your life stage and needs.There are several factors that play out when you are preparing your financial plan. Everyone keeps in mind the purpose of...
No TDS on interest income up to Rs. 50,000 for senior citizens
Section: 194A Introduction: Any Person (not being an individual or a HUF) who is responsible for paying to a resident any income by way of interest other than income chargeable as interest on securities is required to deduct income -tax thereon at the rates in force...
Investing solely to avoid taxes is a bad, wasteful strategy…!!!
That's a question which comes up in every taxpayer's mind while planning your taxes every year. We want to pay less taxes to the government and save as much money as we can. We’re all about saving money on taxes. But not all tax-saving strategies are beneficial....
Is Systematic Investment Plan (SIP) risk free?
What is SIP? A Systematic Investment Plan (SIP) is a staggered mode of investment in mutual funds. Instead of putting a lumpsum amount at one point in time, investors may prefer to put smaller amounts at regular intervals, so that they can secure an average price on...
What can be the best investment plan to secure children education
There is a growing urge among parents to provide their children with top quality education. Most of the times, this involves sending them to universities abroad so that the education received is world-class and increases their chances of employability in the best...
Investment in bank Fixed Deposit makes you poorer, not richer!
Bank Fixed Deposits (FDs) have been among the most popular and trusted investments of the Indian middle-class investor. It has gained credibility due to 4 reasons: It is provided by banks; hence it is considered a safe investment. It has a fixed rate of interest. Its...
How does Finbingo see insurance
How does Finbingo see insurance (as a tool protecting your wealth rather than a savings product) The biggest misapprehension going around in the financial world today is that insurance is a savings and investment option. This has largely been caused due to insurance...
How children can be more financially savvy
Financial planning is not a chore. It is a habit. And as they say, the best and worst habits are cultivated in childhood. We teach our kids the importance of good manners, hard work, education, etc. Then why not judicious financial planning? Financial planning is not...
Importance of Financial Planning for women
Women are generally considered as the caretaker of the household. While the current era has seen a significant number of women entering mainstream workforce and competing with men for the same positions and responsibilities in...
Taxation Of Dividends After Budget 2020-21
In her Budget for...
What is 360-degree investment planning and its benefits
Financial...
No TDS on interest income up to Rs. 50,000 for senior citizens
Section: 194A...
Investing solely to avoid taxes is a bad, wasteful strategy…!!!
That's a question which...
What can be the best investment plan to secure children education
There is a growing urge...
How does Finbingo see insurance
How does Finbingo see...
Is Systematic Investment Plan (SIP) risk free?
What is SIP? A...
Investment in bank Fixed Deposit makes you poorer, not richer!
Bank Fixed Deposits...
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