Over 4 mn bank accounts could be dormant, suspects tax department.
Trading in other derivative products in currency, commodities expected to begin soon.
The move to allow payments through digital wallets could give a fillip to distribution and reach for these investment vehicles, say experts.
Market regulator also announces measures for mutual funds sector.
Infrastructure and real estate prominently feature as wealth destroyers.
A key demand is to reduce the dividend distribution tax on listed firms.
IT Department asks car dealers to furnish ledgers of all customers who have booked vehicles from November 1.
The CBI and ED are keeping a close eye on several bank accounts.
If you plan to send your child to the US five years from now and expect the rupee to depreciate five per cent every year, adding US funds to your portfolio might be a good idea, says Ashley Coutinho.
Demonetisation could see anywhere between Rs 8 and 12 lakh crore coming into the banking system in the next few weeks.
Money changers operating behind the RBI HQ in Mumbai said they would charge a 15% fee to convert Rs 1 crore.
The department will impose a penalty, which could be between 30 per cent and 120 per cent.
'They should decide their allocation based on their risk appetite and age, and not valuations.'
Regulator probing jewellery houses for violation of collective investment scheme rules, says Shrimi Choudhary.
Issues Rs 358 crore interim dividend, 1:10 bonus and 10:1 split
The fund industry may have embraced machines and robots, but managing money still needs the human touch
Top corporates have paid more advance tax in second quarter this year.
She pocketed Rs 9.12 crore as remuneration in FY16
Offer size could vary from Rs 1,200 cr to Rs 2,000 cr
The assets are estimated to be worth over Rs 6,000 crore.
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