taxfree

Two advisors answer this reader's question. By Francois le Clus and Gareth Collier 10 Nov 2022  00:07  The situation: A person resigns from their job. They have a pension fund with their ex-employer, and its value is…

If National Treasury is serious about encouraging retirement savings in South Africa – they should increase the tax-free retirement contribution from the current R350 000 per annum to R500 000 per annum, in line with the tax-free R500 000…

With the volatile markets and rising interest rates, smart investors, especially those in the highest tax bracket, are opting for tax-free bonds to earn higher post-tax returns than bank fixed deposits. Yields on tax-free bonds have moved…

Thank you for your question. Provident funds, which are governed by the Pension Funds Act, are specifically designed for retirement savings. They are only available to you if your employer runs one. When leaving your employer and…

Switzerland-based Holcim Group said no capital gains tax would be paid in India for its $6.4 billion transaction to sell stakes in and to the Adani Group. Addressing an investor call, chief executive Jan Jenisch also said the company…

Breadcrumb Trail Links Executive Summary Executive 72% think the First Home Savings Account will have little to no impact on their ability to purchase a home: survey Publishing date: Apr 29, 2022  •  3 minutes ago  •  5…

Deputy Chief Minister Manish Sisodia asked BJP MLAs to go to the Centre for the waiver of central GST on the movie. Deputy Chief Minister Manish Sisodia asked BJP MLAs to go to the Centre for the waiver of central GST on the movie. BJP…

Savita Raj Hiremath, one of the producers of Amitabh Bachchan's recent release Jhund, has said that she is "perplexed" why her film was not made tax-free. She said the film not only witnessed a positive audience reaction but also had a…

As Finance Minister Nirmala Sitharaman is all set to present the Union Budget 2022 on February 1, banks have proposed lowering fixed deposit (FD) tenure. Banks have proposed to lower tax FD tenure to three years for availing tax…

NEW DELHI : Banks have made a case for lowering fixed deposit (FD) tenure to three years for availing tax benefits, in line with mutual fund products like equity-linked savings scheme (ELSS).…