Tax, Investments and Retirement

I hear lot of posts from pensioners asking about taxation on their pension. I agree. It should be tax free. Having said that, what about persons who were employed in jobs that did not give pension?...

The middle income groups and retired persons have very few options in our country to park their hard-earned money.To my knowledge people mostly do not trust private finance companies or chit fund c...

Before taking any mediclaim/health policies [eligible for tax benefit under Section 80(D) of Income Tax], please check the following one sided clauses of the companies 1. Co-payment (% of tot...

Hi Respected Members, Please note this is one simple issue regarding Income tax TDS on Bank Fixed Deposit's on Accrued interest. The Banks are deducting income tax (TDS) on ac...

I have one PNB Royal mediclaim policy floater first name of my wife and second mine . Recently one branch manger in Mumbai advised me to take another policy PNB royal mediclaim with mine as f...

In our Hindu Ashram system, there are 4 ashrams starting at 0 to 25,25 to 50 ,50 to 75 & 75 to 100 or end of life.These are called Brahamcharya ashram,grihasth ashram, vanprasth ashram & sa...

Tax, Investment & Retirement are few areas which need attention of all of us. Despite having some knowledge, nobody can be fully conversant with their all aspects. This circle will impart good ...

DMAT accounts can be opened in individual or in joint names,like bank accounts. But for bank accounts, another name can be added or deleted. In Dmat account this is not allowed as of now ...

I have opened a Demat as well as Saving's account in my wife's name. These are Joint a/c where she is the first holder. She is a house wife and has no source of income. Accordingly I am clubbing an...

Depends whether you would prefer to join him under management quota or under merit. Merit seats now a days are about Rs.1.0 lakhs p.a while paid seats are anything between 90-100 lakhs in A.P at le...