Loknath Das, Author at Pinfaves

Tax on debt investment in 2019: Here’re the applicable taxes on various instruments

April 30, 2019 Loknath Das2019, applicable, debt, Here’re, In, instruments, investment, On, Tax, Taxes, The, various

The various debt-oriented investment options available in the market such as bank fixed deposits, recurring deposits, post office savings scheme, national savings certificate, debt-oriented mutual funds attract DDT is paid by the enterprise which is issuing the dividends. | Photo Credit: Representative Image New Delhi: Individuals select the investment options on the basis of their respective objectives, risk-taking capacity and the benefits offered by an investment scheme, be it a debt-related investment option or an equity-oriented investment option. The taxation on different types of debt instruments varies on the basis of specifications…

Why You Should Never Forget to Submit Your Investment Declaration Form

April 29, 2019 Loknath DasDeclaration, Forget, Form, investment, never, Should, Submit, to, Why, You, Your

The first month of the new financial year is soon coming to an end, and all salaried employees would be eagerly waiting for their monthly payout. But if you did not submit your investment declaration form, your monthly salary slip can throw you off. If you missed your investment declaration deadline, your employer would have over-calculated your tax liability and deduct the excess tax due from your salary for the following month. There is no reason to panic since you have time till 31 March 2020 to make the necessary…

Democrats are more moderate on health care than you think

April 28, 2019 Loknath DasAre, Care, Democrats, Health, Moderate, More, On, Than, Think!, You

First things first: The theme song of the week is from the television show “Jeopardy.” Poll of the week: A new Kaiser Family Foundation poll finds that 52% of Democrats and Democratic-leaning independents prefer that Congress focus on improving and protecting the Affordable Care Act (also known as Obamacare) rather than passing a “Medicare for All” plan. Only 39% of Democrats and Democratic-leaning independents want Congress to focus on passing a Medicare for All plan. What’s the point: Much of the focus in this 2020 Democratic primary season has been on health care. That’s not…

Cosmetic clinics to assess mental health before offering Botox

April 27, 2019 Loknath Dasassess, Before, Botox, clinics, cosmetic, Health, mental, offering, to

The JCCP has acted after claims that the industry was doing too little to help those with major body image problems. Photograph: Allexxandar/Alamy Cosmetic clinics will begin assessing patients’ suitability for Botox in an attempt to spot those whose desire to alter their appearance is due to mental health problems. The Joint Council for Cosmetic Practitioners (JCCP), a trade body, has decided that member clinics will introduce new practices designed to protect the psychologically vulnerable. It has acted after the NHS’s top doctor claimed that the cosmetic industry was doing too little to…

SBI education loan for vocational studies 2019: Check expenses covered, rates, other details

April 26, 2019 Loknath Das2019, check, covered, Details, Education, expenses, for, Loan, Other, Rates, SBI, Studies, vocational

State Bank of India (SBI) offers the facility of education loan for vocational studies under which resident Indians can avail a term loan for pursuing skill development courses in India. State Bank of India grants a maximum loan of Rs 1.5 lakh for vocational training and studies. | Photo Credit: BCCL New Delhi: State Bank of India (SBI) offers the facility of education loan for vocational studies under which resident Indians can avail a term loan for pursuing skill development courses in India. SBI educational loan for vocational training and studies covers…

Softbank may invest in Jio as Mukesh Ambani deleverages business

April 24, 2019 Loknath DasAmbani, As, business, deleverages, In, Invest, Jio, May, Mukesh, Softbank

NEW DELHI: Japan’s Softbank is reportedly looking to make a $2-3 billion investment in India’s fastest-growing telecom firm Reliance Jio as billionaire Mukesh Ambani looks to deleverage business by selling stakes. This comes on the back of reports of Saudi giant Aramco in discussions to buy a 25% stake in Reliance Industries’ refining and petrochemical business for $10-15 billion. “Softbank has long been seen as a potential investor in Jio,” JPMorgan said in a research report.”For the past 2 years, our conversations with investors have highlighted expectations of Softbank investing in Jio and hence…