Schedule AL was introduced in 2016 after the discontinuation of the wealth tax. Prakash Hegde, chartered accountant at Acer Tax & Corporate Services LLP, explains, “The government wanted a monitoring system to check if the…
Retail investors can now buy and sell government securities using the RBI retail direct app on their smartphones. It is noteworthy to mention that the RBI rolled out a retail direct portal in Nov 2021…
For Anand Radhakrishnan, who is at the steering wheel, it’s a full-circle moment. Starting as a fund manager at Sundaram MF, he now returns as the new CEO. In an interaction with Mint, he shares…
Government securities, commonly known as G-secs, are debt instruments issued by both the central and state governments to raise funds from the public. These funds are used by the government to finance a range of…
SBI Mutual Fund announced the launch of the SBI Fixed Maturity Plan, there is no guarantee or assurance that the investment objective of the scheme will be achieved. The scheme opened for public subscription on…
Notwithstanding how seamless it might appear, striking the right balance between risk and return is no mean feat. The age-old maxim states: “higher the risk, higher the return”. Conversely, lower the risk, smaller the return.”…