The expenses incurred on medical care and nursing of dependents with specified disabilities can be claimed as deduction under the Income Tax Act. The deduction is available for medical expenses incurred towards nursing, training and rehabilitation of the disabled dependent.

The Securities and Exchange Board of India (SEBI) has approved a slew of proposals aimed at boosting portfolio investments in stock and commodity derivatives markets.

SEBI has mooted revised framework for settlement of cases and has proposed new KYC norms for FPIs.

The Central government plans to introduce geo-tagging of registered offices of companies in their statutory filings with the Registrar of Companies.

The abrupt and unexpected crash in the market on Friday caused panic among the investors who were totally dumbstruck by the sudden precipitous fall in the markets. 

The rating agency CRISIL has upgraded the ratings of Muthoot HomeFin India Ltd (MHIL) term loans, working capital demand loan and proposed long term bank facility to ’CRISIL AA/Stable’ from ’CRISIL AA-/Stable’.  

The shares of NBFCs experienced sudden and heavy selling pressure on Friday. The rising cost of borrowing of housing finance companies is a major concern for the investors. 

Despite a huge turmoil in the benchmark indices, majorly led by the NBFCs which also dragged the Nifty IT index 1.4 per cent, the giants TCS and Wipro maintained upsurge and hit record high levels.

Many investors start investing through SIP or lumpsum into mutual funds and just forget about it. But it is important to maintain the desired asset allocation. So it is important to re-balance your mutual fund portfolio to maintain the required level of asset allocation. Read on more to find out what is re-balancing and why is it important.

Brent oil prices witnessed bottom fishing at 70.30 levels in the mid-August 2018 and thereby gave a bounce-back near to its important resistance levels. The prices surged 14 per cent from the said low to a high of 80.13 hit on September 12, 2018.  

Update on NFO (New Fund Offer) that are currently open for subscription.