Five foreign vacations you can take under Rs 1 lakh each

THE ECONOMIC TIMES Tue, Jul 03, 2018 | 06:31 AM IST ET Wealth Newsletter

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Five foreign vacations you can take under Rs 1 lakh each With a series of smart decisions regarding booking of flights and hotels, you will be able to fit your foreign trip into the Rs 1 lakh budget at these destinations. Filing income tax return? Don't miss these 9 tax breaks You can claim deductions you might have failed to while submitting your investment declarations. Read on to see how you can maximise your tax breaks. How to compute your total taxable income In order to file your I-T return you first need to collect the information required to file it. The next step is to compute your total taxable income. How to manage money when in your thirties A simpler way to look at it is to focus on building assets – assets that can be drawn for any need including retirement. No need to label and specify. Why Bharti Telecom's plan to "extinguish" minority shares is making investors angry Shareholders allege the company's offer is far lower than what Singtel paid just months ago. Can Chinese content companies build a Toutiao in India? The use of AI engines for extreme personalisation of newsfeeds is a powerful theme, but two things will be critical. One, the ability of the engine to navigate Indian languages. And two, profit possibilities in these languages. India can't afford to miss out on the new space odyssey worth trillions Space exploration was for long the preserve of government agencies and a vehicle for national pride. With venture capital pouring in, the field has morphed into a massive business opportunity. Here's an introduction to the industry in four charts. From our Partners Healthcare rates could be 20% lower than CGHS under Modicare The National Health Protection Scheme (NHPS), more commonly known as 'Modicare', is set to provide common treatments such as C-section, knee replacement, and coronary bypass surgery at rates that are 15-20% less than what's offered by the Central Government Health Scheme (CGHS). From our Partners FAQs About Recurring Deposits: Everything you need to know Unlike Fixed Deposit, you can deposit a fixed sum with your Bank or Post Office for a pre-defined term every month. EPF rules are changing substantially: How will you be impacted? The scheme is undergoing sweeping changes. Apart from recent tweaks in rules, new measures proposed could change its very structure. 7 right reasons to leave your job and when not to quit Seth Godin in his book, The Dip, says winners push through tough times and get extraordinary results by not quitting early in the right job. Top Mutual Funds SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%) JM Core 11 Direct Plan-Growth -2.90 -4.52 10.99 14.48 ICICI Prudential Nifty Next 50 Index Direct-Growth -3.29 -8.44 7.94 13.64 IDBI Nifty Junior Index Fund Direct-Growth -3.18 -8.69 7.35 13.33 Axis Bluechip Fund Direct Plan-Growth 1.01 7.60 23.59 13.22 ICICI Prudential Nifty Next 50 Index Fund-Growth -3.32 -8.61 7.51 13.14 FeaturedDSP BlackRock Regular Savings Direct Plan-Growth ★★★★★ -0.90 -1.40 4.49 8.24 Start SIP Financial planning lessons from football Balanced funds create scoring opportunities by investing in equities, even as they cushion the impact of market downturns by investing in debt. How a falling rupee can derail your financial plans Sandeep faces an exchange rate risk because his income is in rupees and he will have to pay for his children's education in dollars.

Financial Calculators New LTCG tax calculator: Plan, compute your tax Use this tool to calculate long-term capital gains (LTCG) and the corresponding LTCG tax for listed shares and units of equity-oriented mutual funds. Tax Impact Calculator This tax calculator will help you estimate your tax liability. Just input your personal income details and know how much you would be liable to pay.

Realty Hot Spot: Presence of IT majors makes this Hyderabad suburb a coveted location This IT suburb of Hyderabad has prominent malls, reputed hospitals closeby and has connectivity via ORR, Old Mumbai Highway & Lingampally. Stock pick of the week: Why analysts are bullish on Tata Power Better than expected results, opportunity in the power transmission business and sectoral tailwinds have made Tata Power analysts' favourite. HDFC Equity Fund: Long-term outperformer Fund's aggression, coupled with a firm contrarian slant in portfolio construction, has led to bouts of severe underperformance in recent years. 5 smart things to know about tax breaks on education loan Deduction on education loan can be taken if the loan is taken from bank or qualified institution for higher education of self, spouse or children. Is the interest earned on NSCs taxed on annual or accrual basis? The interest accrued is deemed to be reinvested on behalf of the NSC holder each year and you need to declare this interest income. Which mutual funds to invest in for the sole purpose of capital appreciation? Invest in the direct plans of the chosen schemes as they will generate higher returns compared to the regular plans. Alternative investment returns monitor: For the week ending June 27, 2018 Here's a weekly tracker of returns from Alternative investments but don't compare these with returns from traditional investments.

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