I resigned in August 2024 and received leave encashment as part of my final settlement. While making the payment, the employer deducted tax on the full amount of leave encashment, contending that I had resigned and not retired. Is my employer right to deduct tax on leave encashment, as I understand this is exempt under

A systematic investment plan (SIP) provided by mutual funds enables investors to contribute consistently and systematically to their financial objectives. By regularly making tiny, fixed-sum investments, investors can progressively accumulate wealth without requiring a sizable initial investment. Mutual funds offer a practical means of building a diverse portfolio by pooling funds to invest in various

The platform, which has 2.5 million users, is run by registrar and transfer agents (RTAs) – Sebi-registered firms that provide services to mutual fund companies and investors – and allows investors to buy or sell any mutual fund. In an interview, Sreekanth Nadella, MD & CEO of KFintech, told Mint what MFCentral has in store

Before investing in a mutual fund scheme, it is common among investors to examine the past returns. More often than not, these returns are merely indicative, however, they are seen to be setting the tone of a scheme in the future. Here, we take a look at the returns delivered by flexi cap mutual funds in the