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Multi cap or flex fund? Where should you invest and why Both categories have a blend of large, mid and small caps. They also give a better sector diversification and superior return profile compared to large caps over long run

No Relief In ₹10l Tax Fine For Not Disclosing Foreign Assets [ad_1] Mumbai: Income tax authorities are increasingly issuing show-cause notices seeking explanations on foreign investments not disclosed in ‘schedule-FA’ in tax returns. A recent order of the Mumbai bench of the ITAT, which upheld a penalty of Rs 10 lakh under the Black Money Act for each year of ...

PPF interest sukanya samriddhi interest: Will PPF, Sukanya Samriddhi, SCSS interest rates be hiked for December quarter? [ad_1] Interest rates of various small savings are due for review by the end of this month, i.e., September 30, 2023. The Central Government has hiked the interest rates of several small savings schemes including Senior Citizen Savings Schemes (SCSS), National Savings Certificate ...

30-year sovereign green bonds may attract insurance companies, not banks A report by Nomura expressed disappointment at the government’s sporadic issuance of green bonds, stating it has led to a relative lack of liquidity in these securities

Has the last date to add nominee to mutual funds been extended? [ad_1] The requirement for nomination/opting out of nomination for all existing individual unit holders owning mutual fund units, either singly or jointly, before the deadline, or the folios will be frozen for debits, was specified by the Securities and Exchange Board of India (SEBI).The deadline to add nominee ...

India bond yields dip as investors eye second-half borrowing calendar The 10-year benchmark 7.18% 2033 bond yield ended at 7.1441% after closing at 7.1541% in the previous session

REC partners with PNB to finance projects in logistics, power, infra The two entities will jointly finance loans worth Rs 55,000 crore, REC said in a statement.

How rising oil prices can impact Indian economy [ad_1] Crude oil prices have shot up since June…Brent crude has jumped to a 10-month high and breached $93/barrel in mid-September. It has averaged $83.5 in the past year. Both Reuters and EIA have raised Brent forecasts. Reuters raised the Brent price forecast to $82.45/barrel for 2023 recently, up from its July ...

Respond to intimation of past tax demands for faster refund: I-T dept The income tax department on Saturday asked taxpayers to respond to intimation from the I-T department regarding outstanding demands of previous years to facilitate faster clearance of refunds for 2022-23 fiscal. With some taxpayers taking to social media about receiving intimation from the I-T department regarding past unsettled ...

Assam CM launches third phase of microfinance loan waiver scheme Assam Chief Minister Himanta Biswa Sarma on Saturday rolled out the third phase of a scheme to waive microfinance loans availed by women of the state, benefitting over 2.23 lakh borrowers. Under this phase of the Assam Micro Finance Incentive and Relief Scheme 2021 (AMFIRS), borrowers whose loan accounts turned ...