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Apr22020 by wealth18.comNo Comments

Best Stocks to buy and build your portfolio for long term amid COVID-19 fall

Featured, Stocks

Most Nifty companies are hitting 52-week low amid COVID-19 fall - Are you scared to buy or are you tempted to buy? Most companies in Nifty has hot their multi year low . FIIs have pulled out approx INR 60000 crores from Indian market in March 2020, but DII has been buying. Note that these are uncertain times and markets can even go lower from here. So, you should think about buying only from long term perspective. Here are some of the good stocks that you can consider adding to your portfolio gradually. - Reliance Industries - HDFC Bank - HDFC - Bajaj Finance - Asian Paints - Colgate - Britannia - Dabur - L&T - Axis Bank - Titan - Cipla - Infosys - TCS Stocks for Long term Investments You can also consider the following stocks for long term investments: Dr Lal Pathlabs ICICI Secu...

Apr12020 by wealth18.comNo Comments

[How to] check PF balance online in India (5 ways – UAN, SMS, Missed Call, App)

Featured, How to Series, PF

EPFO (Employees Provident Fund Organisation) provides option to check you PF balance online. Once you enter your details, you will get your balance via SMS on your mobile number. Whether you want to check your PF balance for Delhi, Gurgaon, Noida, Hyderabad, Bangalore, Chennai, Gujarat, Mumbai, Andhra pradesh, Pune, Karnataka, Kolkata etc, you can use the steps below to get your balance via SMS. Please note that some big organizations have their own PF trust and they do not keep money with EPFO. In such cases, you cannot check the balance online by using EPFO portal. You need to contact your HR to know your PF balance. How much money goes in your PF Account? Employee Contribution – 12% of your Basic Employer Contribution – 12% of your Basic ( Out of this 8.33%...

Dec302019 by wealth18.comNo Comments

PAN-Aadhaar linking deadline extended to 31 March, 2020

Featured, News

Last date for linking PAN and Aadhaar has been extended Relief for people who have not yet linked their PAN with Aadhaar. The due date for linking PAN with Aadhaar has now been extended to 31st March 2020. This is the 9th time when CBDT has extended the deadline for individuals to link their PAN and Aadhaar. See below the twitter update from Income Tax India: How to Link your PAN with AAdhaar? If you are registered on Income Tax efiling website Login to eFiling Website --> Go to "Profile Setting" --> Link Aadhaar https://www.incometaxindiaefiling.gov.in/home 2. If you are not registered on Income Tax efiling website: Fine the "Link Aadhar" link on the home page of Income Tax efiling website (left side column) If your name on PAN and Aadhar doesnot match but da...

Dec222019 by wealth18.comNo Comments

2020 Multibaggers – Top Large Cap, Mid Cap & Small Cap Stock Recommendations (for Medium to Long term)

Featured, Stocks

See below the Brokerage recommendations on Best Stocks to buy in India for profits in 2020 2019 has been a year of large caps and experts believe that we can see a good rally in midcap and small cap quality stocks in 2020. In Dec, various brokerage houses has provided their recommendations for stock picking for 2020. I have tried to consolidate the recommendations for your benefit: Jan 2 2020 - 15 Stocks where brokerages initiated coverage (link) Brokerage Stock Target CMP Upside Anand Rathi Dixon Technologies 5822 3913 49% KR Choksey Bandhan Bank: 667 499 34% Haitong Securities Finolex Industries 700 550 27% Reliance Securities V-Mart Retail 2060 1664 24% Jefferies IndiaMart 2500 2047 22% Anand Rathi Varun Beverages 862 707 22% Spark Capital Polycab India 1173 977 ...

Mar12019 by wealth18.comNo Comments

Section 80C Tax Saving Options & deductions (FY 2018-2019 / AY 2019-2020)

Featured, Taxation

In the month of March, most tax payers rush to invest their money in tax saving instruments. Though it is better to do the tax planning at the start of year & plan your investments over the whole year. Many salaried taxpayers has to submit the investment proofs etc to their employer in Jan. Section 80C of the Income tax Act 1961 provides list of Investments / expenses which is allowed as Deduction from your taxable Salary. Under 80C, you can claim maximum deduction of Rs 1.50 lakh. List of deductions under Section 80C - Investment Eligible for deduction u/s 80C PF/ EPF (Employee Provident Fund PPF – Public Provident Fund NSC – National Savings Certificate 5 year Tax Saver Bank FD 5 year Post Office Time Deposit Senior Citizen Savings Scheme NHB Suvriddhi Bonds ...

Jul22018 by wealth18.comNo Comments

How to file Income Tax Return online – ITR 1 & ITR 4S quick e-file online – Step by step guide

Featured, Taxation

You can file ITR 1 & ITR 4S online (without using the excel ITR file). In this post, I am providing step-by-step guide to file these returns on Income tax efiling website. As the due date for income tax is 31 July, you need to make sure that te returns are file on time. From April 2018, tax rules have changed and a penalty of upto Rs 10000 will be levied if the return is not filed on time. Also, the ITR revision time limit is also changed from 2 years to 1 year. See details Filing returns on Income tax wesbite is completely free and easy. Must Read - Step by Step Guide to file Income tax returns online Things to note: Make sure that you choose right ITR form. ITR forms depends on what kind of Income you have. See my other post on Which ITR form to use? Check your Form 26AS t...

Jul22018 by wealth18.comNo Comments

[How to] View your Form 26AS online – Check Tax Credit Statement

Featured, How to Series, Taxation

The last date for filing return is quite near (31st July). Before filing the returns, check your Form 26AS to make sure that TDS deducted are appropriately credited to your account. As the due date for income tax is 31 July, you need to make sure that tte returns are file on time. From April 2018, tax rules have changed and a penalty of upto Rs 10000 will be levied if the return is not filed on time. Also, the ITR revision time limit is also changed from 2 years to 1 year. See details When your employer deducts TDS from your Salary or your bank deduct TDS on your FD Interest, they need to deposit this amount to Government against your PAN. If they enter your PAN incorrectly, you will not get credit for that TDS amount. So, It is always better to check your Tax Credit Statement (Form ...

Jul12018 by wealth18.comNo Comments

How to File Income Tax return (ITR) online – Step by Step Guide for eFiling

Featured, Taxation

As the due date for income tax is 31 July, you need to make sure that te returns are file on time. From April 2018, tax rules have changed and a penalty of upto Rs 10000 will be levied if the return is not filed on time. Also, the ITR revision time limit is also changed from 2 years to 1 year. See details To avoid the long queues and complications, most people prefer to delegate the task to tax consultants or chartered accountants. E-filing of return is easy, fast and secure. You can file your return online without much bother if you take care of a few things. In this post, we will explain – How to file Income Tax return online for FREE in simple steps. 1) E filing of income tax return is mandatory – if your total Income is Rs 5 lakhs or more. Digital signature is not requir...

Jun192018 by wealth18.comNo Comments

Mutual Funds hit “Sell” button on these MidCap and Small Cap Stocks

Featured, Mutual Funds

Midcap and SmallCap has not been performing very well this year. Many of the Mutual funds houses have exited several midcap and smallcap stocks over the past quarter. Check you hold any of these stocks in your portfolio and then you can take a more informed view: BNP Paribas Asset Management key exits: Shankara Building Products, Bharti Infratel, Galaxy Surfactants and Inox Leisure. HSBC Asset management exited 23 stocks Axis Mutual Fund key exits: Shankara Building Products, Canfin Homes, Apollo Tyres, Ajanta Pharma, RBL Bank Canara Robeco Asset Management Key exits: SH Kelkar, Parag Milk Foods and Lakshmi Vilas Bank Birla Sunlife Key exits: Reliance Naval, Just Dial, Narayana Hrudayalaya and Engineering and Jubilant FoodWorks ...

Jan252018 by wealth18.comNo Comments

S P Tulsian Top picks , Stock recommendations, Multibaggers

Featured, Stocks

S P Tulsian is a renowned market analyst. He is a commerce and law graduate and holds professional qualifications of Chartered Accountancy and Company Secretary. His fundamental analysis of stocks is great. Here are some of his views on various stocks and industry: Oct 2017 CMP(28-Oct-17) Target Growth Sundaram Clayton 5911 9000 52% Century Tex 1350 1450 7% Bajaj Finance 18/10/2017 Tata Sponge 18/10/2017 Prakash Industries 18/10/2017 Yes Bank 18/10/2017 Kotak 18/10/2017 RBL Bank 18/10/2017 Federal Bank 18/10/2017 Karnataka Bank 18/10/2017 IndusInd Bank 18/10/2017 PNB 18/10/2017 SBI 18/10/2017 Canara Bank 16/10/2017 Kesoram Industries 09/10/2017 Sundaram Brakes 28/09/2017 Leel Electricals 25/09/2017...