[ad_1] Market watchers said Union Finance Minister Nirmala Sitharaman’s move to hike long term capital gains (LTCG) tax from 10 per cent to 12.5 per cent will discourage savings and investments. “Just when the stock market has been having a good run for a long time, the news dampened the spirits… It is an unnecessary […]
India: Millennials hunting returns drive risk-hungry investments in India
[ad_1] An impatient Indian investor class, mainly driven by millenniumis making the leap from peer-to-peer lending to cryptocurrencies to riskier investments in hopes of boosting returns, shaken by one of the worst inflation rates in Asia. Massive numbers of individuals pouring money into new and lightly controlled assets India Moreover, the pandemic followed the rise […]
Missed out on making tax saving investments this time? 3 action points to help you avoid tax implications
[ad_1] 3 action points to help you avoid tax implications You will agree that it has been a chaotic year for all… People have lost their jobs, had to cut salaries, had to move to smaller towns and what not… All in all, it’s totally understandable and a little off on human tax matters, isn’t […]
Know the tax rules applicable to your ELSS investments
[ad_1] Hands down, ELSS is one of the best tax-saving options available to young investors, given its transparency, low-cost nature and ease of investment. At Finbingo, we believe that knowledge is power. As a knowledgeable investor, we want to empower you with the proper knowledge to make better decisions with your money. In this post, […]
5-Point Checklist to Help You Identify the Right Tax-Saving Investments
[ad_1] Remember, finance is personal. What works for someone else may not be the best thing for you. To get the most out of your tax saving investments, they should fit your financial story and work towards meeting your financial goals. So, if you are confused as to which tax saving investment is best for […]