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Equities must be present in everyone’s portfolio, but that doesn’t mean you should take unnecessary risks. A simple combination of a Nifty 50 index fund and a Nifty 150 index fund might just be what the doctor ordered.
Experts in the insurance sector are hoping for tax reductions and a separate tax deduction limit for life insurance in the interim budget.
Please note that just by transferring income from your account to her saving bank account, you cannot avoid the tax on the income received by you and on which you are otherwise liable to pay tax. Yes. You can gift any sum to your daughter which will neither attract any tax liability nor any clubbing provisions