Finance

Mutual funds taxation: How mutual funds are taxed in India?

Mutual funds are among the favourite investment options for many retail investors in India. They are known for the benefits of diversification and their tax-friendly investment options that could provide greater returns than fixed deposits, especially if you come under the highest income tax bracket. When the interest you earn is fully taxed, the remaining 5.3% to 6.3% returns would not be so significant considering the inflation rate in India. So, how does income tax on mutual funds in India work? And is there an income tax on mutual fund redemption? Actually, there are two ways in which mutual funds provide returns to their investors — capital gain and dividends. And for both, the tax treatment is different. Taxation on dividend According to the Union Budget 2020 amendments, dividends

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Sports

Betting on hockey: how to come to a successful result?

Hockey is a spectacular team game that attracts the attention of thousands of fans from different countries. It is interesting, but also difficult. The final result of the game depends on the individual form of each player. All sportsmen must be in excellent physical and emotional condition in order for the team to show maximum performance, play harmoniously and follow the chosen strategy. Many fans don't just like to watch the game of the players, but also like to bet. What do bookmakers offer to hockey fans? Hockey is popular on the websites of many bookmakers. Hockey is a fairly unpredictable game, so bookmakers often offer attractive and high odds. As a rule, they can be put on the following options: the entire championship; each club; individually for each player.

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Health

Medicare 101  – What You Should Know

When you’re new to learning about Medicare you may get lost in making sense of the Medicare alphabet soup. Part A, Part B, Part C, Plan G – what do they all mean? More importantly, which part and plans of Medicare do you need? Fear not – this article will share with you some things that you should know about Medicare. The Parts of Medicare This is where the Medicare alphabet soup comes in. Medicare has four parts; Original Medicare has Parts A and B. Medicare Part C is also known as Medicare Advantage. Medicare Part D is your prescription drug coverage. Part A covers your inpatient hospital care, hospice, skilled nursing facility, and home health care. Part B covers your doctor visits, outpatient care, durable medical equipment, and preventative care. Part C, also known as Medicare Adva

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