Making last-minute investments to save tax? Here's how to avoid mistakes

THE ECONOMIC TIMES Wed, Mar 15, 2017 | 10:47 AM IST ET Wealth Newsletter

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Making last-minute investments to save tax? Here's how to avoid mistakes Taxpayers often commit investing mistakes in the rush to save tax. Find out how not to make errors you might regret later. Should Indian companies be wary of Trump policies? Though there seems to be some headwinds facing Indian companies with exposure to the US market, experts say there's really no need to panic. The wrong reasons for buying life insurance If you are buying life insurance to save tax, consider more lucrative investment avenues that can get you tax deduction under Section 80C. From our Partners Find Your Kingdom A world that people said was just 'make believe, but to us, it was as real as real could be. We envisioned our own kingdom, a beautiful and luxurious castle that belonged, entirely to us. From our Partners Rise of direct plans of mutual funds Ever since the Securities and Exchange Board of India (SEBI) introduced the game-changing alternative of direct plans in mutual funds there has been a significant rise in the portfolios switching to and investing in this option. Have dynamic bond funds been caught on the wrong foot? Dynamic bond funds are considered ideal for investors who don't have the understanding to take a call on interest movements. Should EPFO hike the exposure to stocks? 4 experts weigh in The Central Board of Trustees will meet this month to decide on hiking the EPFO's stock market exposure to 15% of the incremental flow from the current 10% . Why you should know about yourself before investing The first step before investing is to analyse your own life. Then comes the financial goals, and then follows the type of investment. Appraisal meetings should not stress you out Do you dislike appraisal meetings and get stressed out thinking about it? Here's how to ace it and impress your boss. From our Partners Flat Floor Rise from 15th to 30th Floor at Ananta by Omkar, Goregaon East From our Partners How Mumbai's Dabbawalas are leveraging tech by offering digital services With the world and India taking digital leaps, the dabbawalla's too have found the need to embrace technology and offer click-based services.

Financial Calculators Tax Impact Calculator This tax calculator will let you know how your tax liability changes post-Budget 2016. Just input your personal income details and know how much tax would now be payable. Home Loan Refinance Should you refinance your home loan? Use this calculator to find out if it is worthwhile to shift your home loan to another bank? Just enter the data and click next. It's that easy. More Calculators

8 financial experts talk about their mistakes, lessons learnt from them ET Wealth spoke to eight financial experts about the errors they made early in their careers and the lessons they learnt from the outcome. How much should you invest in gold? What happens when we overdo the allocation to gold? We collect assets that are seldom used. We hold assets that generate no income. Which colours can help you professionally? Colours make a strong impact and influence the outcome. Find out which colours can help you enhance your professional standing. Stock pick of the week: Why analysts are bullish on Lupin In addition to growth in sales in respective markets, favourable currency movement has also helped Lupin to achieve high growth. SBI Small and Midcap Fund: A true-blue small-cap outperformer With a 7-year return of 20.89%, the fund has significantly outperformed both the category average (17.56%) and the benchmark return (7.02%). How much health insurance do you need? Given the high cost of medical procedures today and the double-digit inflation in health care costs, buying adequate cover is very important. Family Finance: Salaried Kumar needs to increase his investments, focus on main goals Delhi-based Mohan Kumar, 32, will need to increase his investments and revamp the insurance portfolio to meet financial goals. 5 smart things to know about cash transaction charges The move to levy charges on cash transactions is in line with the government's efforts to move towards a cashless society. How to manage your bank accounts when you return to India When an NRI comes back to India and becomes a Resident Indian, he is required to inform his bank about the change of status. Here's the low-down. Do you need Rs 1 crore health cover? If there is a family history of critical diseases, then one should also buy adequate critical illness cover at an early age. The new protectionist wave could affect trade, currency: Ashutosh Bishnoi, Mahindra AMC The next 12 to 18 months are likely to see many occasions of very highs and very lows in the Indian stock markets, says Ashutosh Bishnoi, MD & CEO, Mahindra AMC. Bengaluru startup MobiDent offers dental services on call The startup was founded with an investment of Rs 10 lakh, put in by the co-founders, and it raised Rs 1.25 crore in angel funding in 2015. Employees prefer employer provided insurance plans: Study As per the study, 78 per cent of the employees are willing to spend Rs 2,000-20,000 on voluntary parent insurance plans. Alternative investment returns monitor: For week ending March 8, 2017 The scope and attractiveness of alternative investments is increasing. Here's a weekly tracker of returns from such investments.

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