rediffGURU Samkit Maniar answers readers' personal income tax queries.
Most investors should have a 5% to 10% allocation to gold for diversification. They should stagger their investments to mitigate timing risk.
IndiGo will introduce business class seats in select flights on 12 domestic routes starting from November 14 and also launch a customer loyalty programme, as the 18-year-old airline seeks to expand business and strengthen global presence. The announcements, made at an event in the national capital on Monday to mark 18 years of operations, also highlights a pivotal trajectory for the airline.
'...you evaluate three key factors before committing your money.'
A day after lambasting e-commerce players for predatory pricing, Union Commerce Minister Piyush Goyal on Thursday said he is not against online platforms but India wants such entities to be "fair and honest" in their conduct. Speaking with reporters in the financial capital, the outspoken Union minister said the rule of the law should be followed in letter and spirit, and made it clear that consumer preferences should not be influenced by algorithms.
Kohli expressed his wholehearted support by calling the team 'Superwomen' in an Instagram post.
'Like every Budget, this time, too, there is chatter around tinkering with the long-term capital gains tax.' 'Investors may not want to jump into the markets until there is clarity on this front.'
Multi-asset allocation funds emerged as the most popular option for MFs as they provided the needed flexibility.
The only time cricket featured in the Olympics was in 1900 with two teams -- Great Britain and France -- with the former winning the gold medal.
The protest against the alleged sexual abuse of two girls at a school in Badlapur town of Maharashtra's Thane district turned violent on Tuesday as the angry agitators vandalised the school and also indulged in stone-pelting at the local railway station during the 'rail blockade', police said.
India's financial sector is dominated by large government-owned and private-sector banks.
Kolkata hangs its head in shame as the hope of a government with a moral compass and a heart in the right place recedes into the distance, notes Payal Singh Mohanka.
Kashyap, who is currently out on bail, joined the BJP in the presence Anil Baluni, its national media department in-charge, and co-in-charges Sanjay Mayukh and Manoj Tiwari. His mother was also present during the joining programme in the national capital.
Hospitality players want the government to accord infrastructure status to hotels to make investments on new properties more attractive rather than categorising them as luxury or even 'sin goods' in the upcoming Union Budget considering the sector's potential to play a key role in India's growth. They also want the government to consider incentives in the form of tax breaks or subsidies for adopting sustainable and eco-friendly practices, while asserting that the upcoming budget must accelerate the tourism agenda saying it is an opportunity to make Indian hospitality the emerging engine for GDP growth and employment generation.
Imagine transforming a modest Rs 10,000 monthly investment into a steady Rs 1 lakh monthly income in your retirement years. This is the power of compounding -- a strategy that rewards you for starting early and staying consistent with your investments, says Ramalingam Kalirajan.
Airports across the country witnessed chaotic scenes on Friday after dozens of flights were either delayed or cancelled after a widespread global computer outage that also hit operations like cash withdrawal at some banks, and impacted functioning of some brokerages. Globally, the Microsoft cloud outage led to US airlines cancelling flights, but the tech giant later reportedly said its cloud services outage in the Central US region has been resolved.
Vaughan unleashed a scathing criticism of the pitch at the Nassau County International Cricket Stadium, calling it "sub-standard"
Shinde also said that the Governor occupies a constitutional post and he should be careful about not offending anyone through his statements.
"Since some of them are in a critical condition, the death toll may go up," Jalpaiguri DM Moumita Godara Basu said, adding rescuers thoroughly searched each coach for survivors and bodies through darkness and thick fog.
Discover our country through great Indian rail trips!
Systematic Withdrawal Plan, or SWP, can help you achieve your financial goals. Ramalingam Kalirajan's step-by-step guide on how to effectively use an SWP.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
The Jaishankar-Wang talks came amid the dragging border row in eastern Ladakh that entered its fifth year in May.
All investors should ideally have a 10 to 15 per cent allocation to gold. Whether they invest in gold ETFs or SGBs should depend on their investment horizon.
The draft legislation seeks capital punishment for persons convicted of rape if their actions result in the victim's death or leave her in a vegetative state.
'Barring a temporary blip where stocks fell on verdict day, we are back to all-time highs.'
Godrej Properties (GPL) reported strong pre-sales of Rs 22,500 crore in FY24, up 84 per cent year-on-year (Y-o-Y). The performance was led by new launches, which increased 65 per cent to Rs 23,000 crore in FY24, and contributed 70 per cent to total pre-sales. The sales volume increased 31 per cent Y-o-Y to 20 million square feet (msf), while realisation rose 40 per cent Y-o-Y, driven by contribution from high-realisation markets of National Capital Region (NCR) Delhi and Metropolitan Mumbai Region (MMR) and positioning in the premium segment.
A political crisis involving the ruling All India NR Congress-Bharatiya Janata Party coalition is brewing in the union territory with a section of saffron party MLAs expressing displeasure against the government over issues including corruption, and have knocked on the doors of the national leadership with a plea to set things right before they 'become worse'.
'Despite rising inflows, many NRIs lack awareness about NRO and NRE accounts and mistakenly use family accounts or invest in a relative's name.' 'Many are unaware of tax implications.'
'Initially, I didn't think much of him. But when I walked alongside him, I realized he has what it takes.'
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
Reliance Capital Ltd (RCL), part of the debt-ridden Anil Ambani-promoted Reliance Group, has received 10 more bids, including from SBI Life, for its subsidiaries, sources said. Earlier this month, the Committee of Debenture Holders had extended the last date for submission of expression of interest (EoI) to December 17, 2020. Following this, 10 new bids have come in for Reliance Capital's assets, taking the total number of bids to 70, the sources said.
Air India, which operates 72 weekly flights from various cities to Dubai, and IndiGo cancelled their services on Wednesday.
Long queues were seen at outpatient department ticket counters in government hospitals, where senior doctors joined their junior colleagues in the protest.
'Whichever teams have the best players they get a chance to retain them.
'There is a lot of scope for new players to come in and get their maximum value, given how the auction is structured.'
Are you a first-time IPO investor? Even if IPOs appear attractive with expectations of high returns, they come with risks and complexities, cautions Sheetal Jhaveri and shares her checklist to help you navigate through the world of IPOs
Social media platform X on Thursday expressed disagreement with the Indian government's order to block accounts and posts related to the ongoing farmers' protests and called for extending freedom of expression to the affected posts.
'PPF carries minimal risk.' 'Its fixed-income nature allows investors to diversify their portfolios.'
'aris can be boiling hot in July. The choice of viscose over cotton was deliberate. Cotton would have crushed badly. We used viscose because it is a wood pulp fibre and lets you breathe. It is cooler than silk. We had to consider breathability because the athletes would be on a barge, in the heat, for up to five hours.'
'...the domestic season gives us a lot of confidence. The message for the batters is simple -- go out and express yourself. The plan was to attack, I enjoyed batting with Head, he is one of my favourite batters, and I admire him. He told me to go for it if it was in my zone.'
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