Tax on PF interest will change the way we invest in it: How the Budget hits your PF

The ET Wealth weekly newsletter covers personal finance topics ranging from stocks to property. Unsubscribe

WEALTH NEWSLETTER Tue, Feb 09, 2021 | 11:21 AM IST

WHAT'S HOT #RERA,#sukanya samriddhi yojana calculator,#alternative investment returns monitor,#realty hot spot series,#stock pick of the week,#mf portfolio doctor,#family finance

Tax on PF interest will change the way we invest in it: How the Budget hits your PF This is not the first time the government has proposed to tax Provident Fund money. A significant number of salaried employees use the Voluntary Provident Fund to invest more than the mandatory 12% of basic pay. The new Wage Code adds another complexity to the issue. 3 wrong reasons to sell your mutual funds There are many reasons for selling funds but not all are good. There can be exceptions but the good reasons tend to be about the investor's own finances and the wrong reasons tend to be about the fund. Overactive investors give three reasons for wanting to sell off a fund investment. ET Wealth Wisdom Ep 108: Why the VPF is still an attractive fixed income option The budget's new tax on interest from Provident Fund contributions above Rs 2.5 lakh a year has taken some sheen off this tax-free haven, but the VPF is still among the best fixed income options. Here's why. Host: Tania Jaleel; Producer: Paramveer Singh 7 money steps women should take if headed for a divorce What should the woman do when she knows that separation and divorce are imminent? Here are some of the financial rights that she should be aware of and the crucial measures she should take to ensure she doesn't suffer during the divorce settlement. From our Partners A new revolution in the urban living in Saudi Arabia Future of cities: Saudi Arabia heralds a revolution in urban living. From our Partners India's largest education fest for digital disruptors New Code of Education include awards to top 3 head of institutions from each category in India, compendium of best practices from top universities and formal institutions in India. Stock vs mutual funds vs index funds: How should a beginner invest in equities? Investing in individual stocks can give you a higher level of control over your portfolio, where you can choose your allocation based on a specific industry and quickly exit once he earns a sizeable profit. Mutual funds will help you diversify easily with a very small investment. Before marking the FM for her budget, mark your household for its money decisions: Inculcate these 8 habits You have to settle down to accepting the income you can earn and therefore, the money you can spend. The longer you live in denial, the lower the chance you will save. You must save at least 20% of what you earn. Top Mutual Funds SCHEME NAME RATING 3 YRS(%) 1 YR(%) 6 M(%) 1 M(%) Axis Bluechip Fund Direct Plan-Growth ★★★★★ 18.81 22.91 31.07 2.35 Invest Now Canara Robeco Bluechip Equity Fund Direct-Growth ★★★★★ 18.39 30.17 34.17 5.46 Invest Now Axis Bluechip Fund-Growth ★★★★★ 17.30 21.43 30.30 2.25 Canara Robeco Bluechip Equity Fund Regular-Growth ★★★★★ 16.86 28.19 33.14 5.33 Tata Index Sensex Direct ★★★★★ 15.30 25.71 34.66 5.15 Invest Now Construction sector will keep growing: 4 stocks with good upside potential Infrastructure is a broad theme and some sectors within it will benefit more and construction is one of them. Experts are bullish on infrastructure and allied sectors now because these had been underperforming for the past 10 years and have started looking up only recently. Bond yields are expected to firm up further: Why you should stick to short duration mutual funds for now Experts believe the trend of increasing yield will continue for the next few quarters due to elevated borrowings by the government. The 10-year yield is now hovering around 6.14%, waiting for the next move by RBI.

FEATURED SLIDESHOWS

5 Budget 2021 announcements taxpayers should make note of A glance at personal finance changes from Budget 2021 Importance of liquidity in financial planning 7 reasons why your insurer is making you bear hefty medical bills More Slideshows

Financial Calculators Old or new tax slab regime? Use this calculator to find out 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. 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.

Only select PSU stocks are worth buying: 8 stocks you can consider investing in The government's plan on asset monetisation and the use of special purpose vehicles for asset sale will also help several PSUs, in addition to the plan for privatisation but should this make investors bet on the entire basket? Here's what experts say. Can't stick to your household budget? Here are 9 reasons why and how to avoid them There are several reasons you fail to be consistent with your monthly household budget. Some of these include overspending, family not co-operating etc. Here are some of the reasons why they are unable to maintain discipline and what they can do to ensure compliance. SAIL is stock pick of the week: Reasons why good times are coming for the PSU steelmaker Ministry of Mines has allowed SAIL to sell 25% of its total iron ore production which will push up its Ebitda margin in the coming quarters. Apart from this, strong operational performance and increased steel consumption are the factors that have made the company a favourite of analysts. UTI Mastershare mutual fund review: Modest outperformer; invest only with a longer timeframe in mind The fund has struggled to outperform in recent years even as longer-term track record suggests modest outperformance. Its focus on delivering superior risk-adjusted return over the long run can lead to bouts of underperformance in the near term. How gold, silver, platinum performed during the week ending February 4, 2021 One should not compare alternative investment returns with that from traditional investments since the proportion and purpose of alternative investments is vastly different. Tough year on campus: Worried about your entry into the job market? Here's what you need to know, do Since your opportunities are restricted by the market and placement system, your first goal is to increase choices and reach the interview stage. Know that no one owes you anything so discard an attitude of lazy 'entitlement'. You will eat only what you can hunt. Realty hot spot series: An affordable residential location in Delhi NCR Noida Extension, Noida offers sound connectivity via the Noida-Greater Noida Link Road, Vikas Marg and NH-24. The area is witnessing the development of key social infra such as schools, hospitals, restaurants, malls and markets. How to open a digital savings account with India Post Payments Bank For opening a digital savings account on the IPPB application the applicant must be an Indian citizen above 18 years of age. The applicant must have an Aadhaar number, PAN and an Aadhaar linked mobile number. 5 personal finance lessons from Budget 2021 By presenting a counter-cyclical fiscal policy and making bold moves towards privatization, among other steps, the government has shown willingness to adapt to circumstances. Investors should also maintain a degree of fluidity in their approach to investments. MF portfolio doctor: Why Dogra needs to restart mutual fund SIPs, hike amounts to reach money goals The mutual fund portfolio doctor offers advice based on the health of the investment portfolio, their suitability with regards to money goals and recommends corrective measures if any. 5 things to know about secured and unsecured loans Secured loans have a lower rate of interest as compared to unsecured loans. Unsecured loans are typically of short tenures whereas secured loans can be of medium to long tenures. Retail investors urged to stay away from Gamestop-inspired communities Recreating a Gamestop-like 'revolution' is not practical in India for various reasons. Firstly, there exist market position-wide limits and individual position-wise limits that keep aberrations in check. Only a handful of stocks get traded in the F&O segment in India. Can my father will ancestral property to anyone he wants? If the property is ancestral, that is, it has been passed down through four generations, your father does not have the right to will it to anyone.

More Newsletters

ET Mutual Fund A weekly round-up of the top news and views

Markets Watch Round up of stock, currency, bond, money and real estate market

Daily Newsletter Special stories that round up the major developments of the day

View All

Follow Us on ET:

About us|Advertise with us|Feedback|Sitemap|Code of Ethics © 2021 Times Internet Limited.

To ensure delivery directly to your inbox, please add etnotifications@indiatimes.com to your address book today. If you are having trouble viewing this newsletter, please click here

To unsubscribe or edit your subscriptions please click here