All stories by Harsh Roongta
Gold monetisation scheme: What you must knowRediff.com11 Feb 2021
Banks and friendly neighbourhood jewellers can serve as good channels to provide liquidity for gold deposits with built-in incentives for them, suggests Harsh Roongta.
How to tackle job loss and ruined financesRediff.com9 Nov 2020
Whatever you do, continue to pay your loan EMIs and insurance premiums for term and health policies (not investment-based policies) on time. Then try to buy yourself some breathing space, says Harsh Roongta.
What's better about new taxpayer's charterRediff.com9 Sep 2020
Apart from its enforceability through courts due to it being part of the I-T Act, two other factors will help ensure the taxpayers' charter is implemented, at least in letter (if not in spirit) this time around, points out Harsh Roongta.
Will govt succeed in collecting Rs 9 trillion in tax arrears?Rediff.com4 May 2020
The Vivaad se Vishwas Tak scheme will be one area where some much-needed revenue can be collected by the government. The scheme can be more successful if some specific steps are taken, says investment advisor Harsh Roongta. This results in a very high tax demand. Investment advisor Harsh Roongta takes you through the maze of appeals and counter appeals.
Redefined in Budget 2020: Who's an Indian residentRediff.com13 Feb 2020
No attention to detail seems to have been paid while introducing such a major provision and the wide arc of people it will take in its ambit, states Harsh Roongta.
Should I invest in this gold scheme?Rediff.com8 Jan 2020
'In most schemes, where the monthly investment is a fixed amount, investors run the risk of the price of gold rising during the tenure of the recurring deposit,' notes Harsh Roongta.
Your home loan queries answered!Rediff.com24 Dec 2019
Chartered accountant and Sebi registered investment advisor, Harsh Vardhan Roongta, answers your home loan queries
Can Project Insight end tax evasion?Rediff.com29 May 2019
It's possible to curb tax evasion using high-end technology. But it requires an honest intention to make use of the treasure trove of data that is captured, points out Harsh Roongta.
What govt's new tax return and refund policy means for youRediff.com15 Feb 2019
If, as promised, the refunds are done within 24 hours it will obviate one of the biggest reasons that taxpayers distrust the tax department -- delayed refunds especially in cases of large refunds.
Floating rate borrowers need easy portabilityRediff.com21 Jan 2019
Most borrowers may not be aware, but quite a few banks already offer external benchmark linked home loans to favoured borrowers, says Harsh Roongta.
Why Modicare is 'bad news' for India's middle classRediff.com28 Sep 2018
Hospitals empanelled for Modicare may give preference to poor patients over the middle class for fear of strict government action, says Harsh Roongta.
Tax terrorism continues under NDA, and has risen furtherRediff.com31 Aug 2018
Like the UPA government, probably the NDA government also feels that hardships caused to taxpayers are just collateral damage and that taxpayers are too few and even those few don't have a vote (non-individuals) or don't vote, says Harsh Roongta.
Ouch! Last-minute tax planning can hurtRediff.com7 May 2018
As long as the money has been 'paid or deposited in the previous year', an assessee should be eligible for tax relief, says Harsh Roongta.
The bank fraud no one is checkingRediff.com26 Mar 2018
The loss to policyholders due to massive mis-selling of insurance policies by trusted private sector and public sector banks will be well in excess of Rs 2 trillion, warns Harsh Roongta.
Borrowers, be prepared to pay for the Nirav Modi scam!Rediff.com6 Mar 2018
'The RBI can make a change in EMI the default option, when interest rates rise or fall, rather than a change in the loan tenure,' says Harsh Roongta.
Listed equities: Should exemption on long-term capital gains go?Rediff.com27 Jan 2018
An argument used for removal of this exemption is that it is used to launder black money and bring it in as clean tax paid money by manipulating the price of less liquid shares in the market, says Harsh Roongta.
Is there a Rs 1.25 trillion hole in the EPS?Rediff.com17 Jan 2018
'How is the scheme running despite running such massive deficits?' 'This is because the number of new members are much more than earlier members who are drawing pension.' 'If this was done by a private organisation, it would have been called a Ponzi scheme in which the contribution by new members is being used to pay off old members,' says Harsh Roongta.
How to save the property marketRediff.com21 Nov 2017
The real estate sector is a major employment provider and the economy cannot afford its hard landing. Harsh Roongta suggests measures that can revive the under-construction market
How lenders game the systemRediff.com28 Oct 2017
Yet, no bank has been taken to task for its actions, says Harsh Roongta.
Why this is the best time to buy low-cost houseRediff.com7 Aug 2017
Provisions of RERA, subsidy under PMAY and relaxation in PF withdrawal to buy a house will aid affordable housing, points out Harsh Roongta.