The Income Tax Act of India contains a provision known as Section 80G that permits users to avail of donation benefits for taxes and allows taxpayers to deduct contributions made to specific charity organisations and funds. This section aims to provide tax benefits to individuals and organisations who donate to charitable causes. Index Fund Corner […]
How to update bank details in NPS online – A step-by-step guide – CNBC TV18
The National Pension System (NPS) is a government-backed retirement savings scheme, designed to provide a secure and flexible investment option. Launched in 2004, NPS is regulated by the Pension Fund Regulatory and Development Authority (PFRDA) under the PFRDA Act, 2013. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis […]
International Women’s Day 2025: Are there specific tax benefits for women in India? – CNBC TV18
On International Women’s Day, financial independence and security take centre stage. Women in India can leverage several tax-saving opportunities to build wealth and reduce liabilities. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis Nifty 50 Index Fund +32.80% Invest Now Equity: Large Cap 0.12% Axis Nifty 100 Index […]
National Pension System: All about tax benefits under NPS – CNBC TV18
An Indian citizen is required to pay Income Tax, depending on the slab their earnings fall. Individuals, however, can lower their tax obligations by making certain investments. For investments in particular financial products, the government provides tax benefits. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis Nifty 50 […]
Budget 2025: FM Sitharaman gives tax relief for second self-occupied house – CNBC TV18
Finance Minister Nirmala Sitharaman on Saturday, February 1, relaxed the conditions for tax relief on a second self-occupied house. Previously, only one property could be valued as Nil, meaning it was exempt from tax, while the second property was taxed based on its market value. The new proposal allows both properties to be valued as Nil, […]
What is ELSS, and how does it combine savings with tax benefits? – CNBC TV18
ELSS, or Equity-Linked Savings Scheme, is a tax-saving mutual fund designed to help investors save on taxes while participating in the equity markets. As an open-ended scheme, ELSS offers investors the flexibility to invest in a portfolio of diversified stocks across different market capitalisations. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund […]