Interest income under tax scrutiny: Here's what you must know to stay clear of taxman

THE ECONOMIC TIMES Tue, Sep 05, 2017 | 06:33 AM IST ET Wealth Newsletter

WHAT'S HOT #RERA,#sukanya samriddhi yojana calculator,#income tax,#tax filing,#critical illness,#taking a personal loan,#tax saving

Interest income under tax scrutiny: Here's what you must know to stay clear of taxman There are a lot of misconceptions about the taxability of interest earned on bank deposits. Here's what you must know to avoid falling foul of the law. Learn how to invest in volatile stock market from mutual fund managers Following the strategy of experts and sticking to quality companies and rigorous research could help you ride out the uncertain market. When you should and should not sell your mutual fund investments There are right reasons for selling a fund which tend to be about the investor and there are wrong reasons which tend to be about the investment. From our Partners Planning to buy a car? Here's how much it can cost you post GST Like most sectors, the Goods and Services Tax (GST) is being levied on the automobile sector, and this could change how you buy a car. From our Partners What you must know about HRA and how to ensure it is not rejected HRA is a popular way for salaried individuals to save on taxes. But there are certain dos and don'ts you must ensure to prevent your claim from being rejected. How is stock market peak of 2017 different from that of 2008? The economy was clocking healthy GDP growth during the years preceding the earlier market peak in 2008 compared to the all-time high of 2017. Personal finance checklist for those crossing 40 Start investing sensibly, correct past mistakes, get a grip on your spending and debt, and make the most of the next 20 years. Top Mutual Funds SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%) Mirae Asset India Opportunities Fund Direct- Growth 0.19 16.57 23.31 17.32 Motilal Oswal MOSt Focused 25 Fund Direct-Growth 1.12 17.61 23.92 17.19 Invesco India Growth Fund Direct-Growth 0.28 18.04 21.31 16.78 Mirae Asset India Opportunities Fund Regular- Growth 0.13 16.15 22.41 16.39 SBI Bluechip Direct Plan-Growth -0.20 13.70 15.61 15.99 FeaturedDSP BlackRock Equity Savings Fund Direct-Growth ★★★★★ 0.81 8.41 11.69 NaN Start SIP Lessons from Infosys, Tata Sons: Assess management of company before buying its shares Recent events at Infosys and Tata Sons have highlighted the importance of assessing the management of a company before you invest in its shares. 5 house gadgets that are worth spending on ET Wealth lists five gadgets that every home must have and one should invest in even though they might not seem important at first.

Financial Calculators Tax Impact Calculator This tax calculator will help you estimate your tax liability. Just input your personal income details and know how much you would be liable to pay. Home Loan Refinance Should you refinance your home loan? Use this calculator to find out if it is worthwhile to shift your home loan to another bank? Just enter the data and click next. It's that easy. More Calculators

How to file tax return as a representative of someone There are specific people, such as a guardian, trustee, or some other competent person, authorised by law to file tax returns on behalf of someone. Does renting furniture make financial sense? A new trend of renting furniture is emerging. If you've been considering this option, here's a handy guide to help you decide. How not to finance down payment for buying home For starters, before you decide on buying a home, make sure you have accumulated enough money to make the down payment to avail the home loan. Buying a house? Here's how to prepare yourself financially There has to be a balance between the commitment that will eat into your income and cutting back on expenses to build an asset. Stock pick of the week: Why Sadbhav Engineering is analysts' favourite Impressive revenue growth, increased revenue visibility, strong balance sheet and reduced debt has made Sadbhav Engineering analysts' favourite. These are the participants in your insurance contract There are four participants in an insurance contract. Here's a look at each of them. HDFC Top 200 Equity Fund: Offers high upside with high volatility The fund is a good offering for investors who are comfortable with a higher degree of volatility and patience to ride out entire market cycles. The long-term story of India's pharma sector is intact: Sandeep Nayak, Centrum Broking Ltd The sector has seen a lot of issues and therefore, prices have corrected and valuations are reasonable from a long-term perspective. Family Finance: Salaried Vickram has enough surplus to meet financial goals Vickram and Rita's goals include saving for emergencies, kids' higher education and their weddings, retirement, and a house. Tax Optimizer: NPS, LTA can help salaried Passi reduce tax outgo Paying too much tax? Write to us and our experts will tell you how to reduce your tax by rejigging your pay and investments. Mutual fund investments must now be linked to Aadhaar: Here's how to do it Financial institutions like mutual funds are mandated to obtain Aadhaar number from their customers and link the same to the respective accounts. Alternative investment returns monitor: For the week ending August 30, 2017 The scope and attractiveness of alternative investments is increasing. Here's a weekly tracker of returns from such investments.

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