Extra gush of inflows into small-cap funds has forced some mutual fund houses to curtail fresh investment into these schemes. Some schemes have stopped taking lump-sum investments, while other have put restrictions on systematic investment plans. Moneycontrol spoke to Ravi Kumar T V, Founder of Gaining Ground Investment Services to dig deeper into why smallcap funds have come into the limelight, how to check if a smallcap fund is becoming riskier and more. Listen in
Failure to disclose crypto gains, income and foreign stock holdings, interest income or any other source of income could lead to notices for non-disclosure from the income tax department. To know more about the mistakes that could land you in a soup, Moneycontrol spoke to Mayank Mohanka, Partner, SM Mohanka and Associates. Listen in
Investors should disclose all their centralised exchange wallets, international wallets as well as decentralised finance wallets in the income tax form, says Indy Sarker, co-founder of TaxCryp.
A health insurance policy is important. Merely relying on your savings is not wise as your health costs can wipe out your savings. A health cover, on the other hand, is reinstated, after you make a claim. Deepti Bhaskaran, Head- Strategic Initiatives, Clinikk joins us on our podcast.
Data on advance tax payments is missing in the pre-filled income tax return (ITR) forms. So, taxpayers are having to manually enter this data to file their returns. In a conversation with Moneycontrol, Khyati Dharamsi, an experienced personal finance writer, explains why this is happening and what it means for taxpayers.
ITR or income-tax return filing process must start with basic preparations like getting your documents such as Form-16, bank account and capital gains statements in order. Check Form 26AS, or tax credit statement, and Annual Information Statement (AIS). In case of any discrepancy in AIS, rely on your information as the former could contain errors, says Aarti Raote, Partner, Deloitte India.
In 2020 when the Covid-19 pandemic spread across the globe, a growing need was felt among investors to invest in ‘responsible’ companies. Now, investors are back to focussing on funds that give high returns, ESG or no-ESG. Today, we have with us Kaustubh Belapurkar, Director – Manager Research at Morningstar Investment Adviser India and he will discuss how ESG investing differs from traditional investment approaches and more.
Bank locker holders have been receiving SMS and emails from their banks asking them to sign revised locker agreements by the June 30, 2023. In a conversation with Moneycontrol, Puneet Kapoor, President - Products, Alternate, Channels and Customer Experience Delivery, Kotak Mahindra Bank explains why bank locker holders are being asked to sign a revised agreement and how this will make their lockers safer than before
The recently announced 20% tax collected at source on international spends via credit cards has come as a rude shock to those planning a holiday abroad. But it’s worth remembering that these are not the only overseas spends that attract TCS. In a conversation with Moneycontrol, Rohinton Sidhwa, partner, Deloitte India, talks about how your foreign investments are impacted by TCS.
With medical expenses on the rise, you may feel the need to increase your existing health insurance cover. If yes, can a top-up plan serve your purpose? Or, should you consider hiking the sum assured under your existing health plan? In a conversation with Moneycontrol, Abhishek Bondia, Principal Officer and Managing Director at SecureNow.in answers these questions and more.
Residency by investment or alternative residency is fast becoming popular among rich Indians looking to establish a new base for their families in another country. These programs are specific long-term residency or visa programs run by many countries such as the US and Portugal. Shilpa Menon, Senior Director - India at LCR Capital Partners tells Moneycontrol what one should keep in mind when looking for an alternative residency programme. Tune in!
In this edition of the Simply Save podcast, Moneycontrol's Preeti Kulkarni speaks to Bhavesh Shah, senior partner with Mumbai-based chartered accountancy firm Hasmukh Shah & Co to understand why it is important to commence tax planning process early and how you should pick the tax regime most suitable to you. Tune in for more
Home loan interest burden is set to increase post the RBI’s repo rate hike of 25 basis points. Consequently, EMI per lakh have risen 20-25 percent since the start of this rising rate cycle. Vipul Patel, founder at Mortgageworld, tells you how borrowers can now take some steps to reduce the total interest payable over the loan tenure, in this podcast. Tune in!
In this edition of the Simply save podcast, Kapil Mehta - Co-founder and CEO of SecureNow Insurance Brokers - explains how to buy an independent health insurance policy and identify the right plan with the help of Moneycontrol-SecureNow Health Insurance Ratings
According to the Reserve Bank of India (RBI), Indians bought property worth $113 million abroad in 2021-22. Akash Puri, director, International Business, India Sotheby's International Realty, says that the trend will continue.
In this edition of the Simply Save personal finance podcast, Srikanth Bhagavat, managing director of Hexagon Capital Advisors, explains how you should invest in foreign equities -- directly or through mutual funds, country-specific investments or global funds.
For tax returns filed by July 31, 2022, time limit to verify remains the same, that is, 120 days from the date of filing the tax return
Despite being commonly-claimed tax benefits, many tax-payers are not fully aware of tax rules related to home loans and house rent allowance (HRA) that can result in under-utilisation of tax breaks offered. Tune into Simply Save to know all about tax benefits and rules related to housing and accommodation before you file your returns.
Giving income tax return-filing a miss could invite notices from the tax department, while delayed filing will attract penalties
As part of Moneycontrol’s income tax return-filing series, Preeti Kulkarni speaks to Mayur Shah of EY to understand why it is important to check and verify Form 26AS before you go ahead with your return-filing exercise.
Overseas student travel insurance policies cover students' medical expenses incurred during your stay abroad, besides baggage loss, trip cancellation, study interruption and medical evacuation.
Students can obtain education loans once they secure admission letters is one of the biggest misconceptions, Arindam Sengupta of Edufund tells Preeti Kulkarni
Simply Save is a weekly personal finance podcast from Moneycontrol. Here, we talk money and everything around money management, mutual funds, insurance, estate planning, how to make your next 1 crore rupees and such interesting conversations. Everything that helps you become a better saver and investor.
You can look at health policies with co-pay or sub-limits to keep a tight lid on premiums, but do note that such restrictions will also lead to inadequate coverage.
Simply Save is a weekly personal finance podcast from Moneycontrol. Here, we talk money and everything around money management, mutual funds, insurance, estate planning, how to make your next 1 crore rupees and such interesting conversations. Everything that helps you become a better saver and investor.