LTA CYCLE
LTA exemption: Submit tax-saving proofs to employer by March 31 deadline as claiming LTA in ITR is a hassle
LTA, usually a component of your salary, covers the expenses of your travel during vacation. The cost incurred for family members who travel with an employees is also allowed as exemption. To claim LTA, the employee typically needs to submit documentary evidence of the incurred travel expenditure to the employers within specific deadlines.
ETMarkets Fund Manager Talk-See no reason to turn cautious on market as earnings growth prospects upbeat: Edelweiss MF
“Using valuation as a standalone variable can be misleading and it has to be seen in the context of earnings growth. When one juxtaposes earnings growth expectations along with current valuations, we see no reason to prune market exposure or turn cautious,” says Abhishek Gupta, fund manager - equity, at the fund house.
Road ahead for D-Street: What Buffett indicator and other valuation metrics are hinting at
"The ratio has been volatile, reaching 56 per cent of FY20 GDP in March 2020 from 80 per cent in FY19 and then sharply bouncing back to 112 per cent in FY22. The ratio is now at 107 per cent of estimated FY23 GDP," Motilal Oswal said in a note.
Prepaying home loan now will be beneficial for these borrowers
A good way to cope with higher interest outgo is to make partial prepayment and bring down the total loan outstanding amount.
Three charts show the next leg of market rally is on its way
The latest bout of market rally has been generally attributed to a liquidity glut.
Reuters Sports News Summary
BC-SPORTS:Reuters Sports News Summary
