Investment in mutual funds can be tricky, and if you’re a first-time investor, it may make sense to choose a financial advisor who can help you. Centrik, guides you on how to pick one:

With hardly a fortnight left for the end of the financial year 2016-17, the March 31 deadline remains sacrosanct for several tax-related matters.

Presently different tax laws prescribe for different taxable event which is going to be replaced by GST Laws. Under GST, tax would be paid at the time of supply of goods/ services, lets discuss the same.

The introduction of Goods and Service tax would be one of the bigger reform in the Indian economy in the field of Indirect tax reforms. By merging a large number of Central and state taxes in to single tax, it would help in mitigating cascading or double taxation and pave the way for a common national market.

The financial year-end is drawing close. Many who’ve ignored tax planning all year long will now be panicking and looking for quick-fix tax-saving solutions.

You can save tax by investing upto Rs 1.5 lakh in equity-linked savings scheme (ELSS) under section 80C of the Income Tax Act.

Textile sectors play a very important part in the development of the Indian economy with regard to GDP, Export promotion, employment, etc.The textile industry is the second largest industry which provides skilled and unskilled employment.

Telecom faces several issues under the current indirect tax regime and, therefore, the sector has high hopes from the proposed GST regime. However, the model GST law does not appear to bring an end to the issues being faced by the telecom sector.

It is already March and soon the financial year 2016-17 will end. By this time you should have better picture of your total Income, any investment you made or may make before the end of financial year.

After a decade-long wait, India will finally implement the Goods and Service tax this will help to remove tax barriers between states, creating a single market.