‘What gets people into trouble every time is hunting for a fixed yield’

Our philosophy has always been about investing for the long term and so the question to ask is: should investors bother or not.What gets people into trouble all the time is a hunt for yield Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial dailies Powered by WPeMatico

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Here’s how to buy Apple and other foreign stocks

Having some investments in international stocks can help diversify your portfolio.If your portfolio is relatively small, the best route to invest in foreign stocks is through a mutual fund registered in India Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial dailies Powered by WPeMatico

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Pay extra tax to buy a house below circle rate

The buyer will have to pay tax on the difference between the lower market rate and the circle rate, while the seller will have to pay capital gains tax on it.You need to show the notional gains from transacting below the circle rate when filing your income tax return Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial dailies…

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Tax dept can scrutinize gift transaction within HUF, so do proper paperwork

There should not be any tax implications in the hands of the HUF in providing gifts to individual members.There should be no tax implications on the drawing of interest-free loans by you from the HUF, provided it can be established as a genuine transaction Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial dailies Powered by WPeMatico

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PPF account: How to use provident fund for short duration investments

PPF account fetches an interest rate of 7.9% per annum currently.PPF is essentially a long-term investment tool but you can even use it for short-term investments to save tax Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial dailies Powered by WPeMatico

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SBI minimum account balance: Penalty and other rules explained

SBI customers have to maintain an average monthly balance (AMB) in their account.Maintenance of average monthly balance charges are different for metro, semi-urban and rural areas Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial dailies Powered by WPeMatico

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