Market News

The new income tax law is concise and simple to understand but there are a few experts who refer to this as an old wine in a new bottle. They also believe that the new legislation is unlikely to lead to lower litigation.

Typically, a fixed deposit (FD) offers anywhere between 6.7 -7 per cent per annum to depositors whereas other tax saving schemes such as PPF and SSY offer relatively higher return.

Parents have a profound impact on their children's financial attitudes. However, it is essential to guide them without unintentionally passing down deep-seated beliefs about money that can be detrimental.

There are eight focused mutual fund schemes which have delivered more than 12 percent annualised return in the past 10 years. Here we share more details about these schemes