EPF or employee Provident Fund is hard-earned money through your service to an organization. Overall if a person is attaining superannuation, it is supposed to be tax-free. BUT NOT ALWAYS! Money received from EPF can be taxable or there can be tax deducted at source (TDS). Let us understand Taxation on PF Withdrawal or TaxationRead More
How Mutual Funds Distribute / Transfer Units in Case of Death
In an unfortunate case of death, it is Mutual Funds duty to transfer the investment in the name of nominee or survivors. There is a complete laid down process to Distribute or transfer of mutual fund units in case of death. This process is called “Transmission of Units”. it means transferring the holding rights ofRead More
Emerging Trends in Emergency Fund in India
Everyone coming on business channels or newspapers is calling the current times as Unprecedented, Black Swan & Recessionary. True the year 2020 is a time which will be remembered for long. The year is the best example of why we should not take things how they are – we should be ready & we shouldRead More
What is ESOP? Know ESOP Taxation in India
ESOP are Employee Stock Option Plan & some called them – Employee Stock Ownership Plan. ESOPs have emerged as an important incentivizing option for employees. We have seen many employees becoming millionaires with these plans. So ESOP taxation becomes important to be understood & adhered to. ESOPs being a financial scheme, involves taxation also. RulesRead More
7 Best Investment Options for NRIs in 2020
While there are many NRI Investment Options in India, one should check his requirement & risk appetite. Your home country may restrict, but in India barring few exceptions, NRIs are allowed to invest in many options. Here is the comprehensive List updated till April 2020. India has rapidly grown and provides the potential of sharingRead More
Taxation on Equity Mutual Fund in India
Equity mutual funds have become very popular & a key investment asset. Withdrawal from equity-oriented mutual funds attracts tax. Also, the equity fund declares dividends. This article aims to give you clarity on capital gain/capital loss arising from equity mutual funds. Here is taxation on equity mutual funds in India. This is updated as perRead More