APN News

  • Friday, January, 2019| Today's Market | Current Time: 10:42:22
  • Want to Invest Safely? ULIPS or Mutual Funds – Which One’s for You?

      In 2018, the introduction of Long-Term Capital Gains (LTCG) tax on equity investments came as a decisive factor in making returns from a Unit-Linked Insurance Plan(ULIP) more prominent and attractive. As we all know, ULIP plans have an investment component that works likea mutual fund buthas a different cost structure, while different income-tax rules […]

    GST reduced on 23 items and services; revised rates effective from 1st of next month

    The GST Council has reduced tax rates on 23 goods and services, including movie tickets, TV and monitor screens and power banks. With this, only 28 goods are left in the highest 28 per cent tax bracket. Monitors and TV screens up to 32-inches and power banks will attract 18 per cent GST, as against […]

    Top 6 Reasons to Take a Personal Loan

    The stereotypes attached to loans are soon disappearing. They are no longer scary or tedious and many people are choosing to take loans for various reasons. Here we list the top 6 reasons for which you should apply for a personal loan instead of spending your savings. To Renovate a Home Home renovation is something […]

    Finance Minister hits out at Congress for criticising GST

    Finance Minister Arun Jaitley has hit out at Congress for criticising Government over Goods and Services Tax, GST. In a Facebook post, Mr Jaitley said, Congress party which oppressed the country with a 31 per cent indirect tax and consistently belittled the GST must seriously introspect. He said the Congress legacy of indirect tax was […]

    Rupee weakens by 48 paise to 70.18 against Dollar

    Breaking appreciation rally of last three days, rupee at forex market today weakened by 48 paise to 70 rupees and 18 paise against the US dollar. In previous three sessions, it appreciated one rupee and 85 paise against the US currency.

    Christmas Special: How to grow your money safely by investing in fixed deposit?

    When investing your hard-earned savings, you may have doubted the safety of your investment, because of the fear of losing money. While every investor seeks an assurance of high returns with growth-oriented investment options, it is also important to balance out the risk by investing in low-risk investment options. This Christmas, make a smart investment […]

    India will remain world’s fastest growing economy with 7 to 8% growth rate: FM

    Finance Minister Arun Jaitley has said India will clock a growth rate of 7 to 8 per cent despite global uncertainties and will retain the tag of the world’s fastest growing major economy. He said the economy is now fairly large to display a certain degree of resilience. Speaking at the inauguration of the FICCI […]

    New RBI Governor holds central board meeting

    A meeting of the Central Board of Reserve Bank of India was held in Mumbai today. The meeting was chaired by the newly appointed governor, Mr Shaktikanta Das. While no decisions were made as such, the board today discussed issues like RBI’s governance framework and decided that the issue needed further examination. The board also […]

    New RBI Governor to steer first central board meet on Dec 14

    The central board of the Reserve Bank of India (RBI) under new Governor Shaktikanta Das will meet on Friday which will review the progress with respect of some of the decisions taken in the last meet on November 19. Among other issues, present scenario in Micro, Small & Medium Enterprises (MSMEs) sector may be discussed. […]

    7 Reasons Why You Should Invest in Low-Cost ULIPs

    Unit Linked Insurance Plans (ULIPs) have become an increasingly popular option amongst the new age investors. Revamped tax norms announced in the Union Budget 2018 has added to the attractiveness of ULIPs. Now investment in equities directly or through mutual funds will attract Long-Term Capital Gains (LTCG)tax at 10% on profits in excess of INR […]