budget 2023 income tax: Senior citizens want Budget 2023 to hike income tax deductions, free 60 plus from ITR filing burden [ad_1] Amid high inflation and the rising cost of healthcare, senior citizens are hoping for a slew of measures from Finance Minister Nirmala Sitharaman in Union Budget 2023. A hike in the basic income tax exemption limit, more tax ...
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Bank of India revises FD interest rates: Check new rates
Bank of India revises FD interest rates: Check new rates [ad_1] Bank of India has revised the fixed deposit (FD) interest rates with effect from January 10, 2023 for amounts below Rs 2 crore. According to the bank’s website, senior citizens would receive an additional interest rate of 0.50 percent per year if the term of the FD is six ...
Read More »Rupee up 18 paise to 82.17 against dollar in early trade as oil prices ease
Rupee up 18 paise to 82.17 against dollar in early trade as oil prices ease The rupee rose 18 paise to 82.17 against the US dollar in early trade on Tuesday on easing crude oil prices. Forex traders said sustained foreign fund outflows and a weak trend in domestic equities weighed on investor sentiments and ...
Read More »investing: What a homemaker needs to keep in mind before they start investing
investing: What a homemaker needs to keep in mind before they start investing [ad_1] For most homemakers, financial exposure is limited to handling the household budget and managing monthly expenses. In fact, working women too confine themselves to budgeting, leaving investment mostly to the men in their lives. Starting any type of investment can indeed be a daunting prospect, especially ...
Read More »Sugar Stocks: 3 sugar stocks with up to 25% upside potential
Sugar Stocks: 3 sugar stocks with up to 25% upside potential [ad_1] Prospects of the Indian sugar industry appear bright after it scaled new highs in the October 2021-September 2022 season in terms of sugarcane and sugar production, exports and ethanol production. During this time, India emerged the world’s largest producer and consumer of sugar as well as the second-largest ...
Read More »2023 Investment Updates: What is in store for momentum investors in 2023
2023 Investment Updates: What is in store for momentum investors in 2023 [ad_1] After two years of superlative returns, 2022 proved to be a sobering year for momentum chasers. The momentum factor languished near the bottom of the charts even as value and high-beta strategies enjoyed the spotlight. So what is in store for this popular investing style? In recent ...
Read More »Brother Property Claim: My father has left his self-acquired houses to me in his will. Can my brother stake a claim to these properties?
Brother Property Claim: My father has left his self-acquired houses to me in his will. Can my brother stake a claim to these properties? [ad_1] Q.My father passed away recently and left both his self-acquired houses to me in his will. Can my brother stake a claim to these properties? — Akanksha Though your brother cannot stake a claim to ...
Read More »mutual funds: Direct plans of mutual funds: Should you switch just because of the lower cost?
mutual funds: Direct plans of mutual funds: Should you switch just because of the lower cost? [ad_1] It’s 10 years since direct plans for mutual funds were first introduced. These allow investors to buy schemes directly from the AMC at a much lower cost than what they would have incurred had they bought through a distributor. But will you benefit ...
Read More »IDBI Bank gets domestic, global bids for stake sale, says Dipam secy
IDBI Bank gets domestic, global bids for stake sale, says Dipam secy By Nikunj Ohri (Reuters) – The Indian government has received interest from both domestic and foreign investors to acquire a majority stake in IDBI Bank, the country’s divestment secretary told Reuters on Monday. On Saturday, the government said it got multiple bids ...
Read More »Sukanya Samriddhi Yojana account: 5 things to know about the Sukanya Samriddhi Yojana account
Sukanya Samriddhi Yojana account: 5 things to know about the Sukanya Samriddhi Yojana account [ad_1] 1.SSY account can be opened in the name of a girl child till she attains the age of 10. It is allowed only for two female children, and a third child only in case of twin girls during a second birth or triplets in the ...
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