Author Archive
Emergency Fund – Recurring Deposits and Debt Mutual Funds
Emergency fund always come to fore whenever economic slowdown, market volatility and liquidity crunch occurs. Bank recurring deposits and debt mutual funds are the best options for building up an emergency fund. What is an emergency fund?
20 Apr 20
CategoryFixed Deposit Interest Rate, Investment Guide, Mutual Fund, Quick Reference
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LTRO – Long Term Repo Operations by RBI
LTRO, Long-term repo operations, is a new liquidity tool announced by the Reserve Bank of India to stimulate the Indian economy. RBI, the central Bank of India, announced the measures on 6th February, 2020. LTROs are effectively
ICICI Pru Liquid Fund for Emergency Fund Creation
ICICI Pru Liquid fund, is a debt mutual fund that can be opted by an investor to create the emergency fund, through SIP or lumpsum mode. An emergency fund is the savings set aside to cover unexpected
IDFC Dynamic Bond Fund as Emergency Fund
IDFC Dynamic Bond Fund is suitable for investors with medium to high risk appetite for emergency fund creation. Emergency fund enables the investor to face financial emergencies in a more efficient manner. The most preferred routes for
Kotak Banking and PSU Debt Fund as Emergency Fund
Kotak Banking and PSU Debt Fund, is a good debt mutual fund that can be preferred by an investor to create the emergency fund. An emergency fund is the savings set aside to cover unanticipated financial emergencies
TDS Rate for NRIs for FY 2019-20 (AY 2020-21)
TDS rate for NRIs for FY 2019-20 (AY 2020-21) on interest on bank deposits, rent, commission, brokerage, Mutual Fund redemption are covered in the article. Various sections under which TDS are collected and the applicable rates are
TDS rate applicable for FY 2019-20 (AY 2020-21)
TDS (Tax deducted at Source) is made at the rates specified in the relevant provisions of the Act or the First Schedule to the Finance Act. TDS rates applicable for FY 2019-20 (AY 2020-21) for various sources
TDS on Interest Paid on Deposits- FY 2019-20 (AY 2020-21)
The rates of TDS on interest paid on deposits for residents and non–residents (NRIs) for FY 2019-20 (AY 2020-21) are covered in the article. TDS is applicable on interest on recurring and term deposits (fixed deposits). The
Tax Deducted at Source – Consequences of failures
Tax Deducted at Source (TDS) is a concept employed for collection of tax. It was introduced with the aim to collect tax from the very source of income. Hence non-collection / short collection or delay in remittance
Tax Deducted at Source (TDS)
Tax Deducted at Source (TDS) is a concept employed for collection of tax with an aim to collect tax from the very source of income. Based on this, a person who is liable to make payment of