Besides wrong selection of ITR form, many professionals claim deductions they are ineligible for.
From its lows over the past month, the stock of footwear major Campus Activewear gained 13 per cent to Rs 280.4 a share. The gains came on the back of better than expected operating profit margins in Q4, reduction of debt and expectations of market share improvement. The company expects volume growth, which has thus far missed expectations, to recover going ahead on the back of multiple triggers.
'The only good thing is people will not be required to maintain their medical bills and invest time in that.'
Tendering the shares in an open offer will lead to higher taxation.
rediffGURU T S Khurana answers readers' personal income tax queries.
Among the 30-share basket, 27 stocks led by Bajaj Auto and Bharti Airtel ended with losses.
'TMFs trump FMPs and FDs when it comes to investing in a high-duration product.'
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
'For the same level of return, you can reduce portfolio volatility significantly with a 10% to 15% exposure to international funds.'
Get Ahead Tax expert Mahesh Padmanabhan on short term and long term capital gain tax issues arising out of selling your old home and buying a new home.
Even as sectors across India embrace technological transformation, the construction side of the real estate industry continues to trail global trends. While technologies like Building Information Modelling (BIM), 3D printing, drone surveillance, and IoT-enabled smart building systems are increasingly common overseas, their adoption in Indian construction remains limited and largely experimental, developers said.
Bangladesh's Chief Adviser Muhammad Yunus announced that the next general election will be held in February 2026, marking the first anniversary of the 'July Uprising'.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
India's largest cable and wire manufacturer Polycab India ended financial year 2024-25 (FY25) on a high, delivering another strong quarter of double-digit growth and market share gains. This coupled with margin expansion, operating breakeven for its fast-moving electrical goods (FMEG) business, and steady exports outlook for FY26 is expected to support the stock, which is up 18 per cent over the past month. The stock is currently trading at Rs 5,765 a share.
Long-term investors should never stop their SIPs during market corrections.
'Gold prices thrive on volatility and more so when the stock markets trend downward.'
Section 54 EC, if availed properly can bring several benefits for the taxpayer.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
Here are some calculations where we use the basic tax rate on these investments excluding education cess for better understanding
Questions on the efficacy of the government's drive towards filing of more returns by individuals and on whether raising tax exemption levels has led to reduced compliance in filing of returns by those who go out of the tax net, says A K Bhattacharya.
Tax department sends notices saying they are liable to pay MAT.
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.
'Investors with foreign currency-denominated goals, such as foreign education or foreign travel, should go for US equity funds.'
Net profit of 19 listed banks is likely to decline by 4 per cent year-on-year (Y-o-Y) for the quarter ended March (Q4FY25) mainly due to pressure on net interest margins (NIM) as a result of rate cut by the Reserve Bank of India (RBI), according to analysts' estimates. Additionally, loan growth is expected to further slowdown amid low demand in certain secured products, stress in the unsecured segment, and a high cost to deposit (CD) ratio across the system.
The sale value of a property may be different for the investor and the government. The first thing to work out is the difference in tax treatment for long-term and short-term capital gains.
There are no major announcements in the Union Budget 2014-15.
'Tax officials view most taxpayers as evaders.' 'The I-T department has a perverse incentive to raise unreasonable demands since the one-fifth tax collected counts towards officials' collection targets,' observes Harsh Roongta.
'If the portfolio growth rate is higher, take this loan. If it is lower, liquidate your investments.'
Don't forget to ask for quarterly audited statement of transactions in your account. This will make it easier for you to calculate your tax liability and pay it on time.
Besides LTCG tax relief, permitting taxpayers to declare two houses as self-occupied brings a huge relief.
'If nominal growth improves and earnings pick up, Indian stock markets could see a rally next year.'
Based on the holding period, the profit you make is liable to short-term or long-term capital gains tax, experts tell Tinesh Bhasin.
Understand the pros and cons of SGBs before rushing to invest in them based on past returns.
For the first time in the history of Budget-making in India, a single Budget will touch 65 crore Indians, says Shailesh Haribhakti.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Don't let panic ruin your wealth. Avoiding these mistakes can save you from HUGE losses, says Ramalingam Kalirajan
Returns of liquid funds are meant only for the short term and don't help investors create wealth over the long term, as equity funds do.
India's biggest telecom players, Bharti Airtel and Reliance Industries-backed Jio Platforms, will soon bring billionaire Elon Musk-led SpaceX's Starlink satellite services to India. According to analysts, the move could boost India's tele density, especially in the rural areas, and may be an opportunity for investors to add the two stocks on dips for long-term gains
