Outlook Money

Outlook Money has remained India’s No.1 personal finance magazine for the last 25 years, delivering accurate, insightful, balanced and practical information to our readers that is easy to understand and implement. Since our inception in 1998, we have focused on consumer interest and benefits. We empower our readers by giving in-depth analysis and credible information on investments, insurance, taxation, banking, financial planning and all things related to your household budgets and financial goals. We are not an investment-only magazine, though stocks and mutual funds inevitably form a significant chunk of our content, because we are concerned about the overall financial well-being of individuals and not just wealth creation.

SOUNDS LIKE A PLAN

Outlook Money

TAX SAVING OPTIONS: LOOK FOR THE BEST FIT • There are various tax-saving options available in the market for those who are sticking to the old tax regime. But your best bets are the ones that find a place in your overall financial plan. We have strategies to help you choose the tax regime and the products that are right for you

IN THE INTERIM • In keeping with the convention, the Finance Minister announced no changes to the tax slabs or rates. All eyes are now on the upcoming general elections and the Union Budget later this year

Measures That Matter • All accredited social health activists (ASHA) and Anganwadi workers will be covered under the Ayushman Bharat-Pradhan Mantri Arogya Yojana (PMJAY) without additional budget allocation. Also, a committee will be set up for medical colleges for healthcare coverage under Ayushman Bharat.

Section 80C: Hoping For More • There isn’t much in the offering for taxpayers when it comes to Section 80C benefits. For long, the limit has remained fixed at ₹1.5 lakh, though average income has grown manifold

Status Quo: Govt's 10-Year Report • The FM referred to income tax reforms such as the new simplified tax regime, filing of updated tax returns, introduction of Form 26AS, prefilling of tax returns, and more

Push To Infra, Green Energy, Innovation • The market’s reaction to the Interim Budget was expectedly neutral. However, there were some announcements that are likely to have a long-lasting effect. The government’s emphasis on infrastructure spending, green energy and innovation, including inviting the private sector to participate, will boost these sectors

Stay Aware Of Your Recency Bias • Giving in to recency bias related to an event like the Union Budget is akin to speculating. Asking the right questions before biting the bullet is very important

CAN YOU YOUTUBE YOUR WAY TO REGULAR INCOME? • It’s not uncommon to come across individuals aspiring to make YouTube videos and earn a living through them. On the face of it, that may sound simple, but it needs single-minded focus and a lot of effort before it becomes lucrative for you

Efficient Tax-Saver For The Risk-Averse

'India Is On The Cusp Of Unprecedented Economic Expansion' • The Indian economy is on a roll. Stock markets are at an all-time high, while last year, for the first time, corporate India’s return on equity (RoE) overcame the US RoE number. Bharat Shah, executive director, ASK Asset and Wealth Management group, in an interview with Kundan Kishore, Deputy Editor, Outlook Money, sheds light on where India stands in terms of value creation opportunities. Edited excerpts:

What 2024 Holds For Debt MFs • There are expectations that Reserve Bank of India (RBI) will cut interest rates in 2024, following the US and Euro zone rate cycle reversal

Retire Right PLAN WISELY, INVEST SMARTLY, SPEND CAREFULLY • CHOOSING THE RIGHT PLAN WILL LEAD YOU TO INVEST IN THE MOST SUITABLE PRODUCTS THAT WILL, ULTIMATELY, ENSURE A SMOOTH POST-RETIREMENT LIFE

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