Budget 2018: Here's how much the tax reliefs you want will cost the finance minister

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

Budget 2018: Here's how much the tax reliefs you want will cost the finance minister Taxpayers expect big tax cuts this year. But it seems unlikely that their hopes will be fulfilled. Budget 2018: These are the taxes it could hike and how you will be hit Along with hopes there are fears of unpleasant surprises the Budget could spring. ET Wealth lists the possibilities and how they can impact you. You can save over Rs 1 lakh in tax just via these 4 avenues The Income Tax Act, 1961 provides several avenues by way of deductions under different sections of the Act, to help one invest or make an expense to reduce the tax outgo. How to build a large corpus despite limited savings Starting small is better than delaying investments. This is because any delay will make accumulating the desired corpus much more difficult. From our Partners Send your Budget wish to the FM, win a hamper Post a video upto 90 secs here using #ETBudgetWishlist and grab the opportunity. From our Partners Six smart things to know about bonus in insurance plans Not all life plans are eligible for bonus. Plans can either be participatory, thereby qualifying for bonus, or non-participatory, that do not qualify for bonus. Why your bias for complex investment products can take your money for a ride The common person is biased towards complex and feature-rich products and services. The fallout is he gets taken advantage of by wily marketers The 7 don'ts of investing in a bull stock market Rookie equity investors, lured by the gains being made by people around them as the market touches new highs every day, run the risk of making costly errors. Top Mutual Funds SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%) Mirae Asset India Opportunities Fund Direct- Growth 3.67 13.54 35.43 15.35 Invesco India Growth Fund Direct-Growth 3.22 14.36 37.36 14.84 JM Core 11 Direct Plan-Growth 1.07 8.62 31.47 14.64 Mirae Asset India Opportunities Fund Regular- Growth 3.60 13.14 34.46 14.46 Kotak Select Focus Fund Direct-Growth 2.22 9.11 29.42 13.79 FeaturedDSP BlackRock MIP Direct Plan-Growth ★★★★★ -0.02 3.69 8.79 8.76 Start SIP Budget 2018: Here are the tax reliefs that salaried tax-payers are hoping for Here are some changes in the exemption limits and deductions on various allowances which the salaried taxpayers are expecting in Budget 2018. Can you claim HRA tax exemption for rent paid to spouse? Here's what experts say A taxpayer is entitled to claim HRA exemption for rent paid to his or her spouse provided there is documentation to prove that the arrangement is genuine.

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

These 5 biases can make you your own enemy while investing in stocks: View With markets touching new highs, here are five ways how investors become their own worst enemies. Budget 2018: What tax-payers want from the FM Despite the clamour for tax cuts, if one avails of all the tax benefits available, the tax rates in India are not very high. Real estate market shrugs off impact of demonetisation, RERA, GST Sale of residential real estate picks up after a five-quarter low as various property markets started showing signs of returning to normalcy. Are you paying too much tax? Every taxpayer thinks he pays too much tax. ET Wealth looks at how the effective tax rate has changed in the past nine years for various income levels. How your income tax has changed over the last 9 years In Budget 2010, Income tax slabs were changed. Additional deduction for investing up to Rs 20,000 in infra bonds under Sec 80CCF. Expect returns in 2018 to be lower than last year: Ravi Gopalakrishnan, Canara Robeco AMC "If crude prices continue to rise beyond $70-$75 per barrel and stay elevated, then it will have an impact on India. It does create pressure on fiscal deficit," says Ravi Gopalakrishnan, Canara Robeco AMC . Here is how to land a job during campus placement Your first job is important. So, instead of worrying whether you will get a job in one of your dream companies, channelise your anxiety into preparing for a successful placement. Why you should review and modify your investment portfolio annually Sanjana has been investing to meet her long-term financial goals. However, she wonders if she is saving enough. How can she monitor and review her portfolio? UTI Mid Cap Fund: Healthy long-term track record While the fund has underperformed in recent years, amid a largely growth and momentum-driven rally, its longer term track record is healthy. How to update your KYC details The investor wanting to change his KYC information can approach a point of service of the KRA, R&T office or AMC office in order to get the details changed. 59% Indians make sure they are saving for retirement: Survey 42% Indians are on course to achieving retirement needs and will achieve target retirement income, finds the Aegon Retirement Readiness Survey 2017. Stock pick of the week: Why analysts are bullish on IDFC Bank Merger with Capital First will help IDFC Bank gain exposure to newer market segments, boost its branch network and help boost the bank's growth. 5 smart things to know about Atal Pension Yojana To receive a pension of Rs 5,000, a person who joins at 18 will make a monthly contribution of Rs 210 while a person who joins at age 35 will contribute Rs 902. Family Finance: Why salaried Patil will be able to achieve his goals easily Ramdas Patil goals include building an emergency corpus, buying a house, saving for his child's education, and his retirement. Alternative investment returns monitor: For the week ending Jan 24, 2018 Here's a weekly tracker of returns from such investments. But don't compare these with returns from traditional investments.

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News Digest: Shadow on Naga polls as BJP, 10 other parties join boycott camp

		THE TIMES OF INDIA
		Tuesday, January 30, 2018
		Today's Headlines

		India
		Shadow on Naga polls as BJP, 10 other parties join boycott camp Malegaon case: SC issues notice to NIA on Purohit's plea Govt to table talaq bill in second half of Budget session The Muslim Women (Protection of Rights on Marriage) Bill, 2017, which criminalises instant talaq (talaq-e-biddat), will be tabled in Rajya Sabha in the second half of the budget session even as numbers are stacked against the government in the upper House. More India News»

		Business
		Markets cherish economic survey as Sensex zooms more than 200 points Economic Survey: GDP to grow at 6.75 per cent this year, other key takeaways 'Tarikh-par-tarikh': Bollywood's famous dialogues find place in Economic Survey More Business News»

		Environment
		Pollution affects at least 47 million Indian children The report by Greenpeace-India, based on data from state and central pollution control boards, asserted that as many as 47 million children live in areas with pollutant PM10, or particulate matter in the air with diameter less than 10 microns, exceeding the safe limits. China plans first lab on ocean oil spill cleaning China's Ministry of Transport is planning to establish a laboratory specialising in treating oil spills at sea, the first of its kind in the country, local media Science and Technology Daily reported on Sunday. Elephants are scared of bees, and that can save their lives More Environment News»

		World
		Trump says no talks with Taliban 'right now' US President Donald Trump on Monday ruled out holding talks with the Taliban any time soon, amid a wave of bloody large-scale attacks in the Afghan capital Kabul. "We don't want to talk with the Taliban," Trump said. "There may be a time but it's going to be a long time." N Korea calls off joint Olympic performance on own soil: Seoul South Koreans had been due to take part in an event at Mount Kumgang this weekend, but Seoul's unification ministry said the North told it the performance had been called off and Pyongyang had taken umbrage at critical media coverage. Non-married couples now allowed to adopt in Puerto Rico Puerto Rico's governor has signed a law meant to speed and encourage adoptions, partly by allowing unmarried couples to adopt children in the socially conservative US territory. More World News»

		Entertainment
		Farah to choreograph 'Zingaat' song for Dhadak According to reports, a Hindi version of 'Zingaat' is currently being shot. Suchitra trolls Swara, the latter retorts Swara Bhasker wrote an open letter to the director for reducing the women in the movie to just a ‘vagina’. Former actress Suchitra Krishnamoorthi commented on the Swara’s open letter on Twitter. Shooting of Sonam-Anil Kapoor's next begins Sonam Kapoor and Anil Kapoor are all set to work together on screen for the first time in the film ‘Ek Ladki Ko Dekha Toh Aisa Laga’ and the actress is feeling blessed to have the opportunity. More Entertainment News»

		Science
		Haldi improves mood, prevents memory loss: US researchers New switch may make computers functions like human brain Scientists have developed a superconducting switch that 'learns' like a biological system and could connect processors and store memories in future computers operating like the human brain. Bot that walks, crawls and swims to deliver drugs within body? More Science News»

		Sports
		Live score, India v Pakistan, U19 WC: Gill century lifts India to 272/9 Defending 17 against MI was my turning point: Unadkat Speaking to TOI, Unadkat reveals the numbness of the assault he received from Mumbai Indians in 2016 and the space it left him in, but crucially of how it went on to spark a new determination. ICC Under-19 World Cup: A history of India vs Pakistan clashes Ind vs Pak U19: Tuesday will see a highly anticipated 2018 ICC Under-19 World Cup semi-final clash between India U-19s and Pakistan U-19s in Christchurch, New Zealand. India, led by hugely talented young Mumbai batsman Prithvi Shaw, will face off against a mercurial Pakistan side skippered by Hasan Khan. More Sports News»

		Technology
		Vodafone users in these regions to get 1.4GB data per day at Rs 198 The battle for supremacy in the telecom sector is getting fiercer by the day. Telecom operators are offering data and voice calls benefits at lower tariffs by the day. Days after Reliance Jio and Airtel revamped their plans, it’s Vodafone’s turn to revise its unlimited calling plan for pre-paid customers in a few regions. OnePlus 5T buyback program launched in India Chinese smartphone maker OnePlus recently launched the new colour variant of its flagship smartphone OnePlus 5T and now the manufacturer has announced buyback program for the smartphone. New Nokia 7 with Android Oreo and better processor may launch soon HMD Global, the company that holds the license to manufacture Nokia branded smartphone, seems to be working on a new version of Nokia 7 smartphone. More Technology News»

		Education
		Utkal University students protest due to Wi-Fi glitch in campus Bhubaneswar: Students of Utkal University on Monday locked Computer Centre of the institution protesting Wi-Fi problem in the campus during last seven days. They demanded hassle-free Wi-Fi inside the campus. Barkatullah University takes a step to make the campus pollution free In order to make the Barkatullah University (BU) campus pollution free 'no vehicle zone' created on Monday by not allowing vehicles entering inside. But, students and employees of the university thought otherwise as they continued plying vehicles and turned down the appeal of the university authorities. Since morning, the guards posted at different entrances of the university started stopping vehicles entering the campus. Even BU registrar, UN Shukla came on a bicycle to encourage others to make the campus 'no vehicle zone'. No new engineering colleges in Maharashtra: Govt requests AICTE After facing criticism from AICTE (All India Council for Technical Education) for not submitting its perspective plan for new colleges, Maharashtra government recently wrote to the Council requesting no permission be granted to any new degree or diploma engineering colleges. More Education News»

		Mumbai
		Question paper goof-up puts 1st yr MCom students in a fix Triple treat: Look out for Super Blue Blood Moon tomorrow Two leopards die in 2 days, 1 in hit-and-run More Mumbai News»

		Delhi
		Palam double murder was plotted over property Court rejects disability excuse of rape accused 17-year-old shot by four men over argument More Delhi News»

		Bangalore
		'Cleaning SWDs a Himalayan task' Gauri sown in soil, she'll sprout again: Prakash Rai Rope task goes awry, woman breaks back More Bangalore News»

		Hyderabad
		Kadapa police nabs notorious robbers; seizes gold worth Rs 60 lakh Letters exchanged between Gandhi and Tagore reimagined as a play Everybody makes mistakes, I've matured with time and will not be the queen of controversy any more: Arshi Khan In a tête-à-tête with hYDERABAD TIMES, reality TV star Arshi Khan explains why she wants to get rid of the ‘controversy queen’ tag More Hyderabad News»

		Chennai
		Veggie prices fall in city after extra rain in districts Post bus fare hike, people switch to suburban trains Land a deal: Registration soon click away More Chennai News»

		Ahmedabad
		Govt panel moots changes in land laws for industry A high-power committee headed by chief secretary of Gujarat J N Singh has proposed a series of changes in land laws that industry and the real estate sector had been demanding for a long time. Tigress, 2 cubs sighted in Dang: NGO Even as the tiger census is scheduled to take place in Gujarat in February after a long hiatus since 1992, an NGO involved in tiger conservation — Empower Foundation — after its survey which concluded last week, reported, “there is a very fair probability of the presence of tiger or tigress along with two cubs the region of Dang in south Gujarat.” Pharmaceutical industry seeks subsidy dose in Union budget As the pharmaceutical industry has to continuously upgrade to comply with changing international standards, Gujarat State Board of Indian Drug Manufacturers’ Association (IDMA) has urged the Union government to consider a special capital-linked subsidy scheme in the Union budget 2018-19, to help micro, small and medium enterprises (MSMEs). More Ahmedabad News»

		Allahabad
		Women no longer afraid of harassment, says CM Yogi Adityanath Urges Families Not To Discriminate Between Girls and Boys Anti-Romeo squads have made women feel more safe: UP CM 'Water transport to be started before Kumbh' Water transport would start from Varanasi to Allahabad before the beginning of Kumbh in 2019, said Union minister for road transport, highways and shipping Nitin Gadkari on Thursday. More Allahabad News»

		Bhubaneswar
		Odisha govt seeks explanation from OSMCL on supply of anti-rabies vaccine to AIIMS Prohibitionists call for liquor-free India Odisha govt launches Measles-Rubella immunisation drive More Bhubaneswar News»

		Bhopal
		Guj has made Gir lions a prestige issue: MP Month after Bhawantar scheme, soy prices shoots up NLIU students resume protest, threaten strike from Feb 1 More Bhopal News»

		Chandigarh
		Dip in real estate prices in Tricity: Economic Survey After political bickering, Sidhu goes bird watching SAD 'pol khol rallies' from February 7 More Chandigarh News»

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