You need to pay TCS 20% starting from 1st July 2023 TCS can be claimed back, similar to TDS, when filing your tax return, *TCS serves as an advance tax* Following things u need to pay TCS 🔶Traveling abroad 🔶Investing internationally 🔶Education- *Self paid 5% TCS, Through L…
SEBI has released proposals for the MF industry Total Expense Ratio
*SEBI has released proposals for the MF industry* 1) Include brokerage and transaction costs (including STT) in the TER or Total Expense Ratio 2) Allow AMCs to become members of the stock exchange (become their own brokers) 3) Additional TER for flows from B-30 cities (0.3%) s…
India's Income Tax collection has surged by over 160% in just 8 years!
India's Income Tax collection has surged by over 160% in just 8 years (In Rs. Lakh Crore; By FY) 2022: Rs. 6.73 lakh crore 2021: Rs. 4.71 2020: Rs. 4.80 2019: Rs. 4.62 2018: Rs. 4.08 2017: Rs. 3.41 2016: Rs. 2.80 2015: Rs. 2.58 (Finance Ministry)
ICICI Prudential Life Insurance: Launches new debt fund to build long-term wealth
ICICI Prudential Life Insurance launches new debt fund to build long-term wealth · ICICI Pru Constant Maturity Fund is the first such fund in the life insurance market · Debt funds offered by life insurance companies offer tax benefits to customers · Offers customers an excel…
while the past one year ranking of axis focused 25 is the bottom most, the past one month is the top ranked,
while the past one year ranking of axis focused 25 is the bottom most, the past one month is the top ranked,. what a change when FII start buying , but the irony is that value research rating is one star currently as opposed to 5 star 2 years back when it was at the peak, i…
_Top 3 investment mistakes to avoid
_*Sunday ki Pathashala*_ _Knowledge is Power_ *_Financial Literacy Series_* 14-May-2023 *_Top 3 investment mistakes to avoid_* *(1) Never mix insurance & investment* • Most of us end up buying an insurance + investment product either because it is sold to us aggressively o…
Indian Bank , Supply Chain Finance - short-term working capital finance
Indian Bank rolls out Supply Chain Finance (SCF), upgrades its existing Digital services Chennai, 10 th May 2023 : Shri. S.L Jain, MD & CEO, Indian Bank, today launched Supply Chain Finance (SCF) facility on digital platform in the presence of Executive Directors of th…
Mirae Asset Financial Services (India) has inked a pact with FundsIndia
Mirae Asset Financial Services (India) has inked a pact with FundsIndia Mirae Asset Financial Services (India) has inked a pact with FundsIndia to provide loan against securities on the FundsIndia platform through an entirely digital process. This credit facility i…
To invest in SIP & in Mutual Funds Click the link and start your investments instantly
To invest in SIP & in Mutual Funds Click the link and start your investments instantly http://www.assetplus.in/partner/sathishkumar
Mr. R. Ilankovan appointed as 2023-2025 President of CREDAI Tamil Nadu
Mr. R. Ilankovan appointed as 2023-2025 President of CREDAI Tamil Nadu The Investiture Ceremony of Mr. R.Ilankovan, President Credai Tamil Nadu& Chairman, Vishaal Promoters Pvt Ltd, Madurai, and his team office bearers for 2023-2025 was held on 3rd May 2023 at Chen…
