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U. Unit-linked insurance plan. Categories: Tax-advantaged savings plans. Income tax in India. Investment in India.
A foreign direct investment (FDI) is an investment in the form of a controlling ownership in a business in one country by an entity based in another country. It is thus distinguished from a foreign portfolio investment by a notion of direct control. Broadly, foreign direct investment includes "mergers and acquisitions, building new facilities ...
The Public Provident Fund ( PPF) is a voluntary savings-cum-tax-reduction social security instrument in India, [ 1] introduced by the National Savings Institute of the Ministry of Finance in 1968. The scheme's main objective is to mobilize small savings for social security during uncertain times by offering an investment with reasonable returns ...
In an epic plot twist, Omidyar Network, the philanthropic investment firm founded by eBay’s Pierre Omidyar, is waving goodbye to India after 13 years. Despite recent investments and public ...
A mutual fund is an investment fund that pools money from many investors to purchase securities. The term is typically used in the United States, Canada, and India, while similar structures across the globe include the SICAV in Europe ('investment company with variable capital'), and the open-ended investment company (OEIC) in the UK.
India launches Account Aggregator to extend financial services to millions. India’s top banks five years ago built the interoperable UPI rails and enabled over 150 million people in the South ...
India's federal government has removed the so-called angel tax for all classes of investors, delivering a major victory to the country's startup ecosystem India has axed the so-called "angel tax ...
On 10 December 2018, the Government of India made NPS an entirely tax-free instrument in India where the entire corpus escapes tax at maturity; the 40% annuity also became tax-free. [11] Any individual who is a subscriber of NPS can claim tax benefit for Tier-I account under Sec 80 CCD (1) within the overall ceiling of ₹1.5 lakhs under Sec 80 ...
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