TAX FREE
5 reasons you could get an income tax notice and how to deal with itOnce you have filed your income tax return, the income tax department processes your tax return. If a discrepancy is found, the department ...
- Interest on PF contribution above Rs 2.5 lakh to be taxable
The 2021 budget has also proposed to remove the tax exemption under Section 10(10d) to Ulips with a premium of more than Rs 2.5 lakh a year...
- Gold duty slashed in Budget: Does buying Sovereign Gold Bonds make sense now?
“With cut in customs duty on gold, it makes no sense investing into the current Sovereign Gold Bond series unless allocation rate is taken ...
- B Negative: Two tax-free options go poof
The tax on PF interest comes after the last budget had capped the tax exemption on employers’ contribution to PF, NPS and superannuation fu...
- Tax optimiser: How IT professional Garewal can pay rent to parents and be tax free
A big reduction in taxable income is possible if he pays rent to parents and claims exemption for the HRA. That will shave off Rs 2.4 lakh ...
- Budget wishlist from insurers: Extra tax rebate and tax-free annuities
A move in the right direction would be to make annuities tax-free. Doing so would bring about parity between this segment and the NPS, whic...
- Jury still out on ITC for free samples, promotional gifts
The Mumbai-based company moved the Maharashtra Appellate Authority of Advance Ruling, challenging the state Authority on Advance Ruling, wh...
- PFC Rs 5K cr bonds issue over-subscribed, closed 11 days ahead of schedule
Power Finance Corporation (PFC) has planned to raise Rs 10,000 crore through bonds in two tranches.
- PFC's Rs 5k cr bond issue subscribed 94% on Day 1; likely to close on Monday
Power Finance Corporation (PFC) has planned to raise Rs 10,000 crore through bonds in two tranches.
- PFC to raise Rs 10,000 crore through retail bond issues
The three-year tenure bonds offer a fixed coupon rate of 4.65-4.8 per cent per annum to 4.80 per cent per annum, while the five-year tenure...
- Are PFC retail bonds an attractive alternative to bank fixed deposits?
This is billed as an alternative to bank fixed deposits that offer record low rates now. While investors can subscribe in four maturity cat...
- PFC to raise Rs 10,000 cr through bonds issue; 1st tranche to open Jan 15
The first tranche of Rs 5,000 crore will open for subscription on January 15 and close on January 29, according to the company's prospectus.
- MFIs pitch for issuance of tax free social bonds by NABARD, SIDBI
In a pre-Budget memorandum to the Finance Ministry, Sa-Dhan, the association of microfinance sector, also made a case for introduction of c...
- Indexation to adjust tax
- Power Finance Corporation plans retail bonds worth $1.4 billion
Power Finance Corp. has filed a draft prospectus for a 100-billion-rupee offering ($1.4 billion), and plans to raise the entire sum this qu...
- Should you switch from tax free bonds now? These two factors should help you decide
“If your holding in tax-free bonds is small, switching to PPF is the best option. Sell slowly and invest Rs 1.5 lakh per annum in PPF,” say...
- Time to rejig your tax-free bond portfolio?
There is no reason to get worried about the floating rate nature of RBI bonds also. “7.15 per cent floating rate is a good option because i...
- Time to rejig your tax-free bond portfolio?
There is no reason to get worried about the floating rate nature of RBI bonds also. “7.15 per cent floating rate is a good option because i...
- How to file an error-free income tax return
The ITR filing deadline is less than a month away, i.e., December 31, 2020. Even though awareness about tax rules has risen in recent years...
MORE NEWS
