Insights

Barakah Finserve

You are required to pay advance tax if your estimated tax liability is more than 10,000

If an individual has failed to pay the advance tax or where the tax paid by him is less than 90% of such tax paid by 31 March 2021, then he shall also be liable to pay interest under Section 234B of the Act, at the rate of 1% for every month

Barakah Finserve

What the two new Bharat Bond ETF NFOs mean for subscribers

Investors seeking a defined yield at low risk will find value in Bharat Bond ETFs, if they hold till maturity.If you are buying Bharat Bond ETFs, remember to include products that can beat inflation in your portfolio

Barakah Finserve

With no change in rates, small savings schemes score over bank FDs

Banks have reduced fixed deposit rates following a cut in RBI’s policy rates meant to stabilize the covid-19-hit economy