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Extended deadline for making tax-saving investments

The last date for making tax-saving investments has been extended to June 30 from March 31 for the financial year 2019-20

Interest rates of small-savings schemes reduced significantly

Here are the applicable rates for April to June 2020. They have been reduced significantly after a long pause

Last three months to invest in PMVVY

Unless the government extends the subscription window, you will not be able to invest in Pradhan Mantri Vaya Vandana Yojana (PMVVY) after March 31, 2020

How to obtain a Permanent Account Number (PAN) for a minor

The income tax department has not prescribed an age limit for obtaining a PAN card

Should you buy Sovereign Gold Bonds?

The latest series of Sovereign Gold Bonds is available for subscription till January 17. Find out if you should buy them

Tax on gifts received depends on value, occasion

Gifts received by an individual during a financial year are tax free only if their aggregate value does not exceeds Rs 50,000

Medical Allowance vs Medical Reimbursement

Medical reimbursement up to Rs 15,000 a year is tax exempt whilst this is not the case for medical allowance

NPS offers subscribers a choice of two record keeping agencies

Other than being a repository of data, central record keeping agencies are also responsible for administration and customer service functions, and act as operational interface between the different entities of NPS

Online boost to the NPS

eNPS allows you to make online payments. A major glitch in the system has been fixed with the addition of ICICI and Axis Bank

Impact of TRI indices on mutual funds

Mutual funds houses are moving from a price-return index (PRI) system to a total return index (TRI) system. As a result, you may see your mutual fund investments a little differently now