In an online chat with readers on July 8, Anil Rego answered their tax queries. Here's the chat transcript in case you missed the chat
Once the patients are identified, the government will decide on the quantum of compensation in each case and then approach J&J for claim settlement.
Lock into these long-term bonds for higher interest rates and capital appreciation
For the wealthy, post-tax returns of debt funds would work out better
Tax rules that could land you in trouble
India borrows ideas that we don't need, like the FRDI Bill, and ignores the ones we need, like rewarding whistleblowers such as the ones who want to save Bombay Mercantile Bank, says Debashis Basu.
For India to monetise gold, it is not the institutional depositor that policymakers must target but the average retail depositor.
It is the duty of a tax payer to record all his/her transactions, to explain sources of payments made by him/her and to declare the true income in the returns of income filed every year.
Most bankers say they will look at reducing deposit rates from April.
Use this window to lock into bank FDs; unless govt cuts small savings rates, banks may not cut deposit rates
One category which stands out is fixed maturity plans due to its tax benefits, notes Prateek Mehta, CEO and company-co-founder, Upwardly.in.
While an impending rate cut is a good reason to enter debt funds, another is the high valuations in equity markets.
Five simple tips to help the youth kick-start their financial education
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, will answer your queries.
Loan rates will change at the next reset, while deposit rates will continue till maturity.
If you are one of those who is now staring at your credit card bill and wondering how to go about it, here is the way out.
If you are wondering what all this is about and why should your wife need an independent score then read on to find out.
Spelling out practical problems it has encountered in implementing the Justice Lodha committee's reforms in the Board of Control for Cricket in India and its affiliates in totality, Mumbai Cricket Association said it already has in place measures that, by and large, jell well with the reform process.
Sandeep Shanbhag, a chartered accountant and director of Wonderland Consultants, a tax and financial advisory firm, discussed the impact of Budget proposals in a chat with Rediff.com's readers.
To be sure that you are committing your money to the right person, you must ask these questions to your financial planner. There is no point in cribbing after you have committed your money! Is there?
A discount on the product may make a credit card loan seem cheaper than a consumer durable loan. But missing a payment in case of the former will mean exorbitant charges.
Earning returns from an asset lying idle can be a good option in times of volatility.
Equity-linked savings scheme, PPF and Sukanya Samriddhi Yojana are recommended instruments.
Indian households put bulk of savings in bank deposits and insurance; the returns are minimal. If you're part of this, change.
Equity investments are fruitful over the very long 20-year term.
FDA inspectors visited the Mohali plant in the process of giving approval to Ranbaxy's application for Valsartan.
In an online chat with readers on August 10, Vidya Bala, Vidya Bala, head of mutual fund research at FundsIndia, answered their queries. For hose who missed the chat, here is the transcript.