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Govt may tweak rules for long-term cap gains tax

Govt may tweak rules for long-term cap gains tax [ad_1] (This story originally appeared in on Jan 02, 2023) MUMBAI: There are indications that the government may rationalise the long-term capital gains (LTCG) structure in the forthcoming Budget. If done, it could bring parity between same asset classes — both in terms of tax rates and duration of holding. Currently, ...

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How to utilise additional income effectively

How to utilise additional income effectively [ad_1] Aradhana is a 40-year-old woman who has recently gone back to work after almost seven years of being a stay- at-home mom, now that her children are older. Aradhana and her husband are excited about having extra money, which will allow them to do all the things that they had to forego when ...

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Poonawalla Fincorp: 4 reasons it is this week’s stock pick

Poonawalla Fincorp: 4 reasons it is this week’s stock pick [ad_1] Improved net interest income, focused AUM growth and provisioning reversal helped NBFC Poonawalla Fincorp report healthy profitability in the second quarter of 2022-23. It reported a PAT of Rs.163 crore that grew 70.8% y-o-y and a highest-ever RoA of 3.6%. Post-acquisition of the controlling stake by the Poonawalla group, ...

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How to raise complaints related to Aadhaar services?

How to raise complaints related to Aadhaar services? [ad_1] Aadhaar is for every resident of India from a newborn to a senior citizen, everyone can enrol for Aadhaar. It is now one of the most important documents to avail any financial services. It is essential to keep your Aadhar details up to date. UIDAI has suggested that residents who received ...

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Senior Citizen Savings Scheme, Post office time deposits, NSC interest rates hiked by up to 110 bps for March quarter

Senior Citizen Savings Scheme, Post office time deposits, NSC interest rates hiked by up to 110 bps for March quarter [ad_1] The government has hiked the interest rates of a few small savings schemes by between 20 bps and 110 bps for the January-March 2023 quarter. The finance ministry made this announcement via a circular issued on December 30 2022. ...

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Things to consider before prepaying your home loan| EconomicTimes

Things to consider before prepaying your home loan| EconomicTimes [ad_1] Tax deduction for home loan On the main amount of your home loan that you repay, you are eligible to claim a tax exemption of up to Rs. 1.50 lakh every fiscal year. Additionally, interest paid on mortgage loans is excluded from taxes (full interest amount is allowed as exemption ...

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