SUNITA ABRAHAM

The TDS should be deposited within a week of the end of the month in which the deduction is made.

The fixed income instruments pay a stipulated interest through the term. The real return for the investor will be low in keeping with the i...

A personal accident insurance policy covers a person against accidental death and permanent or temporary disability due to the mishap.

A systematic investment plan (SIP) in a mutual fund scheme allows one to invest in a disciplined manner

The Rajiv Gandhi Equity Savings Scheme (RGESS) provides tax benefits under Section 80CCG for new equity investors in specified instruments.

The transfer of credit card balance enables cardholders to move the outstanding balance from one card to another.

These policies may be the same as those sold through distributors or could be for exclusive online sale.

IMPS is an electronic money transfer facility, which enables real-time fund transfer through SMS.

The profit from sale of an investment is taxable as capital gain, which can be short term or long term.

The dividend earned from shares or mutual fund units is taxable and is paid directly by the company or mutual fund at the applicable rate.

The source of funds used by a NRI should be identified at the time of investing in order to decide if the money can be taken outside.

Wealth tax is an annual direct tax imposed on the net wealth of individuals and HUFs with reference to the preceding financial year or the ...

A person can transfer his rights, title and interest in a life insurance policy to another by assigning it to him.

Asba is an optional facility for applying to public issues. Under this mode, the investor directs his bank to block an amount equivalent to...

An application has to be filed for the issuance of a duplicate policy document by following the prescribed procedure, which may vary across...

Clubbing of income helps eliminate tax avoidance by transferring income earned by one. to those with lower tax incidence.