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What is HRA and how it is calculated?

What is HRA? HRA or House Rent Allowance is an allowance or the amount of money you get paid from your employer as a salary component. The HRA is added to an employee’s compensation in order to make him/her meet…

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INCOME TAX AUDIT

Examination of an organization’s or individual’s tax returns done by an external agency in order to verify that all the declarations made regarding expenditure, income, and deductions are correct and filed properly. The income tax act 1961, section 44AB covers…

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5 WAYS TO PAY-OFF DEBT ON A LOW SALARY

Being in debt is one condition no one ever wishes to be in. The situation gets worsened when you do not have a well-paying job due to multiple switches or personal reasons or family conditions. New mothers face this condition…

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WHAT IS CAMS AND HOW TO REGISTER ONLINE?

WHAT IS CAMS? Computer Age Management Services (CAMS) is a SEBI agency falling under the R&T (Registrar and Transfer) category. It is a platform providing with technology-enabled services and processing related solutions to mutual fund houses as well as investors….

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ALL YOU NEED TO KNOW ABOUT AADHAR CARD

Let us begin with understanding the meaning of the term Aadhar- basis! The govt of India in the year 2016 initiated the scheme of laying down the basis of all transactions we do in the day-to-day routine. Aadhar is basically…

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5 TIPS TO PREPARE FOR A PLANNED RETIREMENT

Retirement is a phase of life which starts with mixed feelings. You are happy because finally, you are free to spend quality time with family, go to unplanned vacations, visit relatives and take some time out for your hobby. On…

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Fund Review: Axis Long Term Equity Fund

NAV: Rs. 17,426 crore (As on 28th February 2019) Exit Load: 0 P/E Ratio: 20.40 Expense Ratio: 1.93% Turnover: 103% The Axis Long Term Equity Fund is an open-ended, actively managed Equity Mutual Fund that predominantly invests in large-cap company…

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Fund Review: HDFC Small Cap Fund

NAV: Rs. 6,312 crore (As on 28th February 2019) Exit Load: 1% for redemption within 365 days P/E Ratio: 15.62 Expense Ratio: 2.12% Turnover: 15% The HDFC Small Cap Fund is an actively managed, open-ended Equity Mutual Fund that carries…

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