Versuchen GOLD - Frei
Common Man's Wishlist
Outlook Money
|January 2021
FM needs to hike deductions under 80D, and lower capital gains tax
With the intent to boost consumer spending and provide impetus to revive the economy, the finance minister had sought suggestions from various stakeholders for Union Budget 2021.
Here are some expectations of an average Indian:
Tax Provisions
Union Budget 2020 extended the applicability of Tax Collection at Source (TCS) at the rate of 5 percent for overseas remittance exceeding₹7 lakh, under Liberalised Remittance Scheme (LRS). For non-resident Indians earning a salary in India, it is expected that specific clarifications be provided to adjust TCS against the withholding tax dues on monthly salary or income. This will ensure immediate cash flow benefits instead of claiming TCS as a refund through the tax return.
Revisiting Deductibility Criteria
Diese Geschichte stammt aus der January 2021-Ausgabe von Outlook Money.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Outlook Money
Outlook Money
How Budget Touches Your Life
There are two perspectives on how does the Union Budget impact us. One is that as a citizen, macro developments are relevant for us, as macro percolates in some way to make a micro impact.
4 mins
February 2026
Outlook Money
SIP Returns Beat Bank FDs' Over Long Term
I am 22 years old and have just started working. I want to invI am 22 years old and have just started working.
2 mins
February 2026
Outlook Money
Thematic Investing Without The Hype
How to turn trends into portfolios using discipline valuation checks and sensible sizing for investors
2 mins
February 2026
Outlook Money
Stop Raiding Your Long Term SIP
Short term goals need stability long term goals need equity. Time is what changes risk
2 mins
February 2026
Outlook Money
SIP VS SIP + Buying Market Dips: A Reality Check
It's common to assume that buying during market dips can enhance returns. We ran numbers to see what happens if you invest in a plain SIP and compared it with scenarios when you topped up during market dips. The results will shock you
7 mins
February 2026
Outlook Money
India's Evolving Equity Markets And The Design Of Flexi Cap Funds
India's market leadership rotates between large, mid and small caps, and flexi cap funds are built to rotate with it.
2 mins
February 2026
Outlook Money
Base Expense Ratio
The Securities and Exchange Board of India (Sebi) has changed how mutual fund expenses are disclosed by introducing the base expense ratio (BER). Sebi approved the change on December 17, 2025, under the new Sebi (Mutual Funds) Regulations, 2026. Previously, investors kept a track of their mutual fund expenses through the total expense ratio (TER), which combined fund management fees with taxes and statutory charges, such as goods and services tax (GST) and securities transactions tax (STT). This made it difficult for investors to see what fund houses actually charged. In contrast, BER includes only the core expenses of running a mutual fund scheme, and statutory charges are disclosed separately.
2 mins
February 2026
Outlook Money
Top-Up Solution To Piling Claims
Base policies are proving to be inadequate because of rising medical costs and premiums. To ensure a large coverage at affordable rates, they need to be combined with a super top-up insurance that takes care of rising family claims
7 mins
February 2026
Outlook Money
Retirement Is Not About Slowing Down
At 63, Murli Sundrani doesn't come across as the typical retired gentleman. He treks, goes on world tours, is pursuing multiple courses, and is financially savvy, too
5 mins
February 2026
Outlook Money
'Ideal Retirement' Lasts Only A Couple Of Years, Says Riley Moynes
Retirement is not just about cavorting on the beach with a glass of wine, but also about coming to terms with loss and trauma, and then re-picking yourself to find a purpose, believes Riley Moynes, a former public educator and financial advisor and now TED speaker, podcaster and author of many books, including The Four Phases Of Retirement. In an interview with Nidhi Sinha, Editor, Outlook Money, as part of the Wealth Wizards series, he talks about the challenges seniors face as they stare at around 30 years of retirement years
8 mins
February 2026
Translate
Change font size