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Hindu Undivided Family (HUF) is considered as a separate legal entity. Due to this, forming a HUF can be an effective tax-saving mechanism for your family. A HUF has its own PAN and files ITR separately from its members. Not only Hindu families, but also Jains, Sikhs and Buddhists can form HUFs. In this article, […]
Buying a home is a big-ticket investment as people sometimes spend their life’s earnings to buy a home. Considering the scenario of rising inflation and a growing real estate market, the cost of owning a home has increased manifold. And, this is why most home buyers in India resort to taking a home loan to […]
The Employees’ Provident Fund Organisation (EPFO) refers to a body that is non-constitutional and launches various schemes that help employees save funds for their retirement. Established in 1951, the organization comes under the purview of the Ministry of Labour and Employment, Government of India. The valuable employee-welfare schemes launched by EPFO are meant for both […]
In recent times, mutual fund investment has emerged as a promising investment avenue for all types of investors. Whether you are investing for a shorter period or a longer one, mutual funds investment promises excellent returns along with numerous other benefits. That is what makes them way ahead of other conventional investment channels such as […]
Here is a list of the world’s top 10 richest people, according to Forbes’ ranking for April, 2024. The wealth of these people surpasses the GDP of several nations. Let’s take a look at these billionaires’ biographies, sources, net worth and more. Rank 1 – Bernard Jean Étienne Arnault Bernard […]
The ITR filing deadline is a really important date which needs to be kept in mind by all the taxpayers of India. It is a legal obligation for all the taxpayers to file Income Tax Return (ITR) of their income earned up to 31st July of the Assessment Year (AY) relevant to the Fiscal Year […]
Among various industrial sectors in India, the real estate sector has been known to deliver promising returns to investors. In recent times, all types of investors including retail and commercial have shown immense interest in the real estate sector of India when it comes to investing to get a remarkable growth over time. This is […]
If there is one thing that has been doing rounds in the media amidst the upcoming poll season, it is electoral bonds. As the Hon’ble Supreme Court ordered the State Bank of India to disclose the donors and beneficiaries of electoral bonds issues after 2019, the resultant brought everything in the open as the documents […]
In the stock market, companies are categorized as large cap, mid cap, and small cap given their overall market valuation. The simple purpose of doing this type of categorization is to help investors get an idea of the size of the company they are planning to invest in. For example, a large cap company tends […]
SEBI stands for Securities and Exchange Board of India. In the world of stock market and stock investment, the Securities and Exchange Board of India (SEBI) is the most commonly used term among all. You can understand it as a counterpart of the Securities and Exchange Commission (SEC) in the United States. One of the […]