Smart Strategies for Investing in Mutual Funds: A Guide to Maximising Your Returns One of the most well-liked investing options for people looking for expert management and diversification without having to choose individual equities is a mutual fund. One of the easiest ways for people to accumulate wealth over time is through mutual fund investments. Mutual funds combine the capital of numerous individuals to invest in a diverse portfolio of stocks, bonds, and other securities, in contrast to direct stock market investing, which necessitates considerable time, study, and risk tolerance. Mutual funds are a well-liked option for both new and experienced investors due to their expert management and diversification. But merely investing in a mutual fund and crossing your fingers seldom yields the best outcomes. A comprehensive approach that matches the appropriate fund selection and management strategies with your financial objectives, risk tolerance, and investment timeline is nece...
The Central Board of Direct Taxes of the country has made a major change to provide relief to the income taxpayers. Now taxpayers will also have to see Form 26AS (26AS) while filing the return for this assessment year. This form will contain additional details on the financial transactions of taxpayers. If you want to get detailed information about this form, then you can check the website of Income Tax Department with the help of your Permanent Account Number ie PAN Card. Explain that earlier Form 26AS used to have information about source deductions (TDS), additional tax, refunds, TDS defaults, but taxpayers can also view Statement of Financial Transactions. This means that now taxpayers will also get to see the details of all major transactions in their income tax returns. According to information provided by the Central Board of Direct Taxes, Form 26AS will be effective from June 1, 2020. CBDT stated that all information related to financial tra...