Many people who have opted for EMI moratorium on home loan, don’t know that it can also impact the tax deductions one can claim against the principal repayment and interest outstanding. However, the net impact on the tax liability will be a function of both the interest payable for the relevant year and the principal repayment actually made for the year subject to the overall limits allowed. We tell you the likely impact of EMI moratorium on your tax deduction in case you have a home loan.
Lured by the break-neck rally in cryptocurrencies, and especially in bitcoin, many new investors have put their money into digital assets over the past few months. At present, over ... Read more
Lured by the break-neck rally in cryptocurrencies, and especially in bitcoin, many new investors have put their money into digital assets over the past few months. At present, over eight million investors in India own cryptocurrencies. But a recent bill listed by the government may seek to ban all private cryptocurrencies, putting investments worth over $1 billion at risk. Read more
It can help you be on track and lays down the roadmap for you to achieve your goals. In this episode, Renu Yadav will tell you how to make a financial plan and stick to it. Read more
It can help you be on track and lays down the roadmap for you to achieve your goals. In this episode, Renu Yadav will tell you how to make a financial plan and stick to it. Read more
There are several pitfalls of accumulating too many mutual funds. We explain them in this podcast, in the backdrop of a survey by Kuvera which shows on average their investors have ... Read more
There are several pitfalls of accumulating too many mutual funds. We explain them in this podcast, in the backdrop of a survey by Kuvera which shows on average their investors have as many as 9 mutual funds in each portfolio. Read more
Edelweiss Tokio Life Insurance has become the first insurer in India to launch a standard term insurance plan called Saral Jeevan Bima. A sum assured of Rs 25 lakh under this plan ... Read more
Edelweiss Tokio Life Insurance has become the first insurer in India to launch a standard term insurance plan called Saral Jeevan Bima. A sum assured of Rs 25 lakh under this plan to a 30-year-old will cost Rs 727 per month. Compared with this, the company’s existing term insurance plan costs around Rs 390 per month for similar coverage. We will look at why India's first Saral Jeevan Bima costs twice as much as a regular term plan and how it may still work for many individuals. Read more
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