Watch the Swatantra TV Series to learn about various investment options in mutual funds that can help teachers have a financially secured future. Witness an engaging session with Mr. Lalit Nambiar, Fund Manager and Head Research, UTI AMC & Mr. Satish Pandey, MD & Head, Private Wealth Management,....
Watch the Swatantra TV Series to learn about various investment options in mutual funds that can help teachers have a financially secured future. Witness an engaging session with Mr. Lalit Nambiar, Fund Manager and Head Research, UTI AMC & Mr. Satish Pandey, MD & Head, Private Wealth Management,.... Show all Video
Thank you for registration.
We will keep you updated with our investor educative information.
We already have your details.
Investments may look different now! courtesy: Budget 2018
Published On , 23 Feb 2018 By TT Connect
Much like a physician, the government gives a timely dose to the economy and general public every year in its union budget. let’s look at all the budget 2018 announcements that could affect your investments
BITTER-TASTING PILL: CAPITAL GAIN BONDS Pre-Budget: Any Long-term Capital Gains (LTCG) earned by selling capital assets like gold, plant, machinery, property, etc. can be Tax-exempt if you invest the gains in certain Bonds with a lock-in of 3 years
Budget Dose: The LTCG will be Tax-free only if you earn the gains by selling immovable property like land and building. Also, the Bonds now have a lock-in period of 5 years
Impact: Tighter Tax rules; lesser Tax exemptions
SPECIAL TABLETS FOR WOMEN: EMPLOYEES PROVIDENT FUND (EPF) Pre-Budget: Both employees and employers contribute 12% of the employee’s salary to EPF
Budget Dose: Women will now contribute only 8% to EPF in the fi rst 3 years of their employment. Employers continue to contribute 12%
Impact: Higher takehome salary for women employees
HIGHER MEDICAL BILLS: SIP Pre-Budget: No Tax on LTCG from selling SIP and Dividends distributed by SIP Funds
Budget Dose: 10% Tax on LTCG from selling SIP if gains exceed Rs.1 lakh, grandfathered until January 31, 2018. Also, Dividends from SIP Funds attract 10% Dividend Distribution Tax (DDT)
utiswatantra.com is a UTI Mutual Fund investor education initiative
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
All the data/information shared above has been collected and compiled by UTI Swatantra's media partners - BCCL (Times of India, ET Wealth), One India (ABP, HBL, Hindustan, HT, Mint, Sakal, The Hindu, The Telegraph), ET NOW & Radio One . UTI Mutual Fund (acting through UTI Trustee Company Pvt Limited) / UTI Asset Management Company) owes no responsibility/liability whatsoever in this regards. The information contained should not be construed as forecast or promise.
Any investment decision taken based on the information provided in the content above shall be at sole risks, cost and consequences of the user.