Special FDs or high interest savings account: What's better for senior citizen?

New Delhi, Jan. 15 -- Interest rates in India are around a decade low. This has resulted in a tough situation for people, especially senior citizens, who generally park their retirement corpus on fixe... Read More

What does fall in gold mean for investors?

NEW DELHI, Jan. 15 -- Gold was the best performing asset class of 2020, delivering a return of around 27% compared to 16% by Sensex. The high returns were said to have come primarily on the back of co... Read More

Giving details of gains from each mutual fund, stock in ITR tough

New Delhi, Jan. 14 -- As part of its pre-budget series, Mint Money is highlighting some pain points in taxation that the government may want to address. Today, we highlight the cumbersome requirement ... Read More

2021 to be marked by vaccine-led volatility: Nilesh Shah

New Delhi, Jan. 14 -- Stocks staged a surprising recovery after the crash in March but the current year will be marked by volatility, Nilesh Shah, group president and managing director of Kotak Mahind... Read More

Mistakes that can delay your income tax refunds

New Delhi, Jan. 14 -- The Central Board of Direct Taxes (CBDT) tweeted on Wednesday that it has issued refunds worth Rs.1,73,139 crore to more than 15.7 million taxpayers between 1 April 2020 to 11 Ja... Read More

Covid vaccination upheaval to cause volatility in 2021, says Kotak's Nilesh Shah

MUMBAI, Jan. 13 -- Kotak Mahindra Asset Management group president and managing director Nilesh Shah sees the markets in 2021 as being marked by volatility as the world, in general, and the country, i... Read More

50% cut in construction premium by Maha may result in property price correction

New Delhi, Jan. 12 -- As per a note shared by ICRA, 50% reduction in construction premium leaves a scope for around 4.5% price correction with the developer in Maharashtra. In order to boost the real... Read More

Missed income tax return filing deadline? Know the penalties and option you have

New Delhi, Jan. 12 -- The last date of filing income tax return for the financial year 2019-20 was 10 January 2021. Issuing an official order last evening, the income tax department has rejected reque... Read More

Why timelines to get Sections 54, 54F tax benefit need to be longer

New Delhi, Jan. 11 -- With the budget around the corner, the Mint Money team has zeroed in on some pain points in taxation that the government may want to address. We highlight these in a series, star... Read More

Read the terms before investing in FDs with insurance benefits

New Delhi, Jan. 11 -- The interest rates on bank fixed deposits (FDs) are at historic lows. To attract more depositors, banks are offering FDs with additional benefits such as an insurance cover. DCB ... Read More