Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Private banks are assumed to be more efficient at intermediating between depositors and investors.
Financial inclusion has been on the top of the govt's top agenda.
Combination of term plans and mutual funds will provide the same benefits.
Non-banking financial companies, that used to comprise at least 70 per cent of the issuance in the corporate bond market, are witnessing a credit freeze as investors shun bond issued by lower-rated firms.
Priorities include the amendments of the Companies Act and the Motor Vehicle Act
Fund managers weren't too worried in 2014, as it was a year of positive surprises.
Employees of some top Indian companies were in for a pleasant surprise when they received a mail from their HR team announcing a hike in salaries and bonuses. Led by IT firms and start-ups, HR managers say that while some have offered cash and stock options, others are in a wait-and-watch mode and add the trend will pick up in other sectors. For example, IT giant Cognizant - which had an attrition rate of 19 per cent in the December quarter - has established a $30-million employee retention fund in order to bring down the high attrition rate.
There will be higher charges for bank account-holders.
Pension plans by mutual funds have a three-year lock-in like ELSS.
ICICI Prudential has tied up with the healthcare service provider to enable investors in its ICICI Prudential Savings Fund use the money seamlessly for medical purpose.
Employees joining companies after August and availing of the government benefits under the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY) will also have to link their PF accounts with Aadhaar numbers.
He is accused of multi-year visa fraud, involving forged and fraudulent documents to get visas such as H1B for over 200 foreign workers.
Marking a key milestone in the Indian government's fight against black money allegedly stashed abroad, India will get this month the complete information on flats, apartments and condominiums owned by Indians in Switzerland as also on earnings made from such properties to help it look into tax liabilities associated with those assets.
The government is working to provide healthcare schemes to poor people under the Jan Dhan initiative.
In their election affidavits, Sonia Gandhi declared a 45 per cent drop in her income in 2017-18 compared to 2013-14, while Irani's income increased roughly an 80 per cent increase in her income in the same time span.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Thanks to the recapitalisation by the government and measures taken by the central bank, collapse of any large housing finance company won't pose as big a risk as it had six months ago.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
According to official statistics, half of India's GDP comes from as many as 420 million workers in the unorganised sector including street vendors, rickshaw pullers, construction workers, rag pickers, agricultural workers, among others. This massive workforce remains outside the purview of the formal banking and insurance industries.
US Senate on Wednesday passed the $700 billion financial bailout package by a wide margin of 74-25 votes.
Anup Roy and Krishna Kant on the challenges the public sector banks face in revitalising themselves
Take a moment to consider ways to improve your finances.
If you are not already lost in the zeros this wealth stands at Rs 257 lakh crore or Rs 257 trillion, according to a report unveiled by Karvy Private Wealth for the year 2014.
Non-resident individuals (NRIs) have also been allowed to apply for the niche banking licence, provided they plan to return to India.
This is the first time that no-confidence motion notices have been moved against the Modi government in 4 years.
Over the past few quarters, the auto industry's sales had been badly hit due to the recession. As a result, auto companies, distributors as well as direct selling agents are doing their best now to sweeten the deal for prospective customers.
Which is the best home loan? Advice from financial guru Harsh Roongta.
'If I close my housing loan, are there any investment avenues (the investment should provide liquidity) to save tax?'
Fintechs need to behave with responsibility and transparency. A lot of mis-selling has been happening. Other issues have been plaguing the fledgling industry -- high interest rates, even higher processing fees, harsh collection process and, most critically, data leakage leading to rampant frauds, points out Tamal Bandyopadhyay.
Banks typically fund about 70 per cent to 80 per cent of the cost of a property
Focus to be on unbanked areas; initial capital is set at Rs 100 crore; India Post can apply.
'Give cash assistance of Rs 75 per person per day and an android phone and you will see the economy reviving.'
PAN will be a must for all transactions, including purchase of jewellery, above Rs 200,000 with effect from January 1, 2016
The prospects of early return of the bodies of the two Andhra Pradesh students murdered in the US have brightened as the family of one of the victims Tummala Vikram Reddy has deposited an amount of Rs 3.23 lakh with the Regional Passport office in Hyderabad towards the cost of airlifting of the body.
Commercial papers, certificates of deposit also dry up
According to the new rules, the visa holders can enter the country several times during the six months from the date of issuance and stay for a maximum of 14 days on every visit. There will be two types of visit visas, both non-renewable where foreigners will be allowed to enter the UAE once within two months from the date of issue.
While using the family to save tax is legal and smart, ensure you use the ones where clubbing income laws isn't a concern, advises Bindisha Sarang.
Missed out on planning your taxes systematically in the last financial year? No problem. Benefit by planning your taxes this year.
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