Assocham has also pitched for revision of the deduction of interest on housing loans to at least Rs 300,000 from the existing Rs 200,000
Right steps you can considerably reduce the tax outgo.
The final hearing in the case at the London magistrate's court to extradite Mallya to India is scheduled later this month.
New regime on loans to one party to kick in by Apr 2019.
The Economic Survey seems convinced that 2019-2020 saw the bottom of the economic cycle, points out Abheek Barua, chief economist, HDFC Bank.
The question on who should borrow from the market and whether the borrowing will be under two buckets should be decided by the GST Council, and not by the Centre. If there is no consensus, there has to be a vote, says A K Bhattacharya.
Help yourself and your family financially by not falling prey to these, says Naval Goel
DoT plans to initiate move that might lower the revenues telcos share with government.
While players in the financial ecosystem are opening up to the idea of receivables funding for the sector, this market needs a regulator, which a Parliament panel feels only RBI can provide.
'People can start making a safety net, and that safety net should be at least three months of your monthly salary.' 'If somebody is earning Rs 25,000 then s/he should have at least Rs 75,000 in her/his bank account, so that if anything like this (lockdowns) happens in the future, they are not struggling.'
The overall message to the middle class is: the days of freebies are over.
'If the new rate is lower than your current rate, ask your bank to shift you to it.' 'This can be done by paying a fee of Rs 5,000 to Rs 6,000.'
Salaried employees get several benefits under Sections 80C, 80D, 80G and others.
'Nowhere amidst the efflorescence of 13 military bands, 16 marching contingents and 22 tableaux was there any hint that far from being a rich country of poor people, the closely guarded secret is that India is a poor country of extremely rich people,' notes Sunanda K Datta-Ray.
The Public Provident Fund is one of the safest and convenient modes of investment.
Take advantage of the reduced interest rates offered by banks and the tax benefits to make it a lucrative deal
An individual with a score above this level will not only enjoy easy access to credit, but will also benefit from lower cost of loans, points out Arun Ramamurthy, founder and director, Credit Sudhaar.
Ajit Balakrishnan on the emerging crisis in the tech world.
A V Rajwade wonders if the Modi sarkar is pursuing price stability at the cost of potential social instability in both rural and urban India.
Kanti Bhatt, respected Gujarati author and journalist, passed into the ages on August 4, 2019, at the age of 88. In tribute, we reproduce an article his wife Sheela Bhatt wrote about him 19 years ago.
25,600 cases of banking fraud totalling Rs 1.79 billion were reported up to December 2017. 'There is an inherent legacy when it comes to insuring crime.' 'Generally, most banks are uncomfortable in sharing data about employee fraud.'
Metro projects usually require additional funding by promoters, which RInfra refuses to in this case.
They can be used as collateral for loans and can be sold or traded on stock exchanges
Lenders get a clear idea about your financial health, risk profile and personality trait
It will bring down the cost of a second house because of tax benefits and price appreciation
Many officials had been talking of taking the baton of global growth.
Some pointers which will help an individual start her investment journey with confidence.
Kumaraswamy met representatives of farmers groups and progressive peasants to discuss the problems faced by them.
oans help you achieve your financial goals, even if you do not have 100 per cent of the funds needed for it immediately.
Depending on your liquidity requirement, invest in the right debt instruments.
Some simple tips can help you in better understanding of your CIBIL Report.
These investors are not only betting on little-known stocks, but also sectors that the market participants are not paying much heed to. Some of these stocks can be potential multi-baggers, while others may not live up to the expectations of these stock-pickers, says Jash Kriplani.
Getting the balance between fiscal restraint and growth-contracting policy remains a problem.
'As of now, this one move seems to have precariously altered the balance of forces on the volatile ground, between separatists and the mainstream. 'The landscape today presents a fearsome picture of the future of mainstream politics in Kashmir. 'Conversely, the separatist ideology looks to have got an unearned boost,' points out Mohammad Sayeed Malik, the veteran commentator on Kashmir affairs
Dilip Kumar Jha explains what the buyers must do to protect their own interest.
Income from renting of properties is taxed at a flat rate of 10%.
'The TDP walking out of the NDA is a victory for the YSRCP.' 'The YSRCP wanted it to happen so that it would help them in coming elections.'
Home loan cover from the lender may not be the best option
Iran signed a $3 billion deal with Boeing, backed Qatar against the Saudis, scored a big victory in Syria and reached out to Hamas. Ambassador M K Bhadrakumar examines how the Qatar versus Saudi Arabia standoff is quickly changing alignments in the Middle East.
Apart from around 40 Japanese companies and five global vendors of MG Motor India, many other biggies are eyeing Gujarat for either greenfield opportunities or brownfield expansion.
