Segregated Portfolio, Side Pocketing in Debt Mutual Funds
UTI, Nippon India MF create a segregated portfolio of debt securities issued by Vodafone Idea. Segregated portfolio or Side Pocketing is a practice where mutual fund houses of debt funds isolate risky assets from the rest of their holdings and do not allow redemption...Your Money book: Details of your financial Life
Where is all the information related to your financial life? Your policy details, FD, mutual funds, etc Is it stored in your head or hidden in your emails? You’ve kept the documents in the top cabinet of the steel almirah, but who knows about it! What about the...TDS Rates for FY 2020-21 on Income, Fixed Deposit, Mutual Funds etc
TDS stands for tax deducted at source. Prescribed persons(Employers, Seller of Property, one who hires contractor), are required to deduct tax (TDS) on specified transactions as per TDS Rate Chart and pay it to the government within the stipulated time. TDS Chart...What to do when your Child turns 18: Bank, PAN, PPF, Sukanya, Demat, Mutual Funds,
Turning 18 is a big milestone for children, as he typically leaves home for higher studies and takes baby steps towards independence, often leaving home to join some professional courses. The child becomes eligible to get a driving licence, vote, conduct financial...Financial Year 2019-20 extension 30 Jun 2020,What is it? How do do tax saving for FY 2019-20, FY 2020-21?
The government on 24 March 2020 announced that taxpayers have time until 30 June 2020 to complete their tax-saving exercise for FY2019-20. The earlier deadline was March 31, 2020. This article digs deeper into the headline and clarifies what can be done until 30 Jun...Subscribe to All Our Posts
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