Debt Funds v/s Fixed Deposits. Which is Better? A traditional and popular investment option for Indian households is a fixed deposit in a bank. Most investors use bank fixed deposits for regular income and for achieving their financial goals. However, the interest rates on the deposits are falling and investors are looking for alternate options like debt funds. Here is…Read More
Income Tax Deduction for Medical Insurance: Understanding Section 80D The changes in our lifestyles have made us vulnerable to different types of diseases. The cost of health care and medication is on the rise and could burn a hole in your pocket. Medical insurance will help you prepare for a medical emergency and will provide a cover for the expenses…Read More
Everything That You Need to Know About Income from House Property Your home, your office, or even a shop can be your house property. According to the Income Tax Act, there is no differentiation between a commercial and a residential property. Every property is taxed under the single head of ‘income from house property.’ Here is all you need to…Read More