Many prefer to switch jobs in pursuit of growth in their careers. For them it not only opens doors of opportunities and increase earnings, it also enriches one in terms of learning in life. Though one may differ from the view of job switchers, most of us would benefit from switch facility in mutual funds.
Many of us invest in the last week of March, all thanks to the pressure built up by the deadline called financial year end. For such last minute investors, tax saving triggers many of their investments. Though it is not a wise idea to base all your investments on the tenet of tax saving, it is prudent to consider tax planning while investing your hard earned money in the light of your financial goal. Here is how mutual funds help us save on tax front:
As we enter the month of December we become just that bit more aware of ticking of time. The change of year beckons. It is customary to reminisce over the events of the year gone by. But remember that while value compounds over time; the actual passing of a year or a quarter matters very little if at all in the markets. This has been a good year for equity investors around the globe. The MSCI* All Country World Index is at a lifetime high.
Discussions in the investor fraternity tend to usually focus on markets, politics and money flow, with a few perfunctory hats doffed to topical issues such as the pollution in Delhi weather or the holiday season. This would, of course, be typical of the community, as a largely self-obsessed fraternity, focussed on the here and now and hence predominantly biased by an urban-centric view of the world.
Budget guided by mission to strengthen agriculture, rural development, health, education, employment, MSME and infrastructure sectors
General highlights
Senior citizens have plenty of reasons to cheer post the Union Budget. One of the biggest is the increase in deduction limit under Section 80D of the Income Tax Act.
Section 80D limit hike
The Union Budget 2018 has given emphasis on strengthening the rural economy and boosting consumption. It ticks all the right boxes with its slew of benefits including higher minimum support prices (MSPs) for kharif crops, upgradation of rural haats to give farmers better access to formal mandis, enhancing the agricultural marketing infrastructure, and promoting organic farming.
Here are 14 ways in which Budget 2018 has come to the rescue of the rural economy:
Question: You have a preference for companies that generate healthy operating cashflow and free cash flow. Why do you emphasize this factor?
