Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
Even as net flows into smallcap funds in March turned negative, for the first time in 30 months, they remained a big draw for new investors. The smallcap fund category saw a net of 360,000 investment accounts, or folios, getting added last month, the second-most among all active equity categories. Smallcap funds' continued traction could be driven by their strong performance across timeframes, say experts.
'If an individual makes significant financial investments, she should stick to the old regime.' 'If the individual prefers straightforward computation without any tax benefits, the new regime would be suitable.'
The strong message from the prime minister is of continuity of policies he considers right with strong emphasis on execution, points out T N C Rajagopalan.
Pakistan's National Assembly session was on Thursday adjourned abruptly till Sunday after opposition lawmakers demanded an immediate vote on a no-confidence motion against embattled Prime Minister Imran Khan who has effectively lost majority in the lower house.
Soon after the suspension of 33 opposition Lok Sabha MPs, Congress president Mallikarjun Kharge said all democratic norms have been thrown into the dustbin by this "autocratic" government and it has shown zero accountability towards Parliament.
He said, the fresh budget of the new Congress government, which he will be presenting on July 7, is likely to be of the size Rs 3,35,000 crore.
'We started affordable housing loans that has good traction and the books have grown to Rs 750 crore as of the end of last quarter.'
To overcome your fear of the property being taken over, draw an ironclad agreement with a good lawyer's help, recommends Sanjay Kumar Singh.
The National Assembly session will be held at the Parliament House at 4 pm (local time), according to the schedule issued by the assembly secretariat. It also issued a 24-point agenda for the session and the no-confidence motion is fourth on the agenda.
Wall Street brokerage Goldman Sachs has flagged a slew of concerns on the surging COVID-19 caseload that has been hitting new records everyday, coupled with the rising lockdowns, forcing it to downgrade India's GDP growth forecast for the full year to 10.5 per cent from 10.9 per cent, apart from pegging down stock indices valuation and earnings. In a detailed note on Tuesday, Goldman Sachs' house economists led by Sunil Koul said these record number of pandemic cases and a host of key states announcing stricter lockdowns of late have fuelled serious growth concerns, leaving investors worried about the risks to macro and earnings recovery.
Despite failing to secure a simple majority in Parliament, we will continue to see him on TV, newspapers, magazines, bill boards, vaccination certificates, railway stations, bus shelters, airports, sea ports, on the highway and on rural roads, sighs A Ganesh Nadar.
The principal commissioner has been made responsible for developing and approving any intelligence, conducting search, and completing investigations and relevant subsequent actions, including at the lower field formations, points out T N C Rajagopalan.
Sikhs have more in the way of domestic clout and electoral representation in Canada than they do in India. No politician in Ottawa can ignore the concerns of a community with this level of representation, notes Devangshu Datta.
Government officials believe that central bridge projects perform better than state projects due to stricter checks and balances.
Religion and economic barriers continue to define love in modern India, discovers Preshth Bhardwaj.
rediffGURU Jinal Mehta answers readers' financial planning and health insurance queries
'We wanted the PM to speak, and he just refused to -- now we have the opportunity, not just in the Lok Sabha, but also in the Rajya Sabha, to lay the government on the mat.'
Harris, 59, is scheduled to formally accept the Democratic Party's presidential nomination on Thursday to take on Republican rival Donald Trump, 78, in the November 5 election.
Ramalingam Kalirajan explains the pros and cons of both investment types.
Mutual funds (MFs) are seeing higher growth in new systematic investment plan (SIP) accounts in rural areas (beyond 30 or B30 centres) compared to the top 30 (T30) cities. However, the average inflows from these areas remain significantly lower than those from the larger centres. Data from the Association of Mutual Funds in India reveals that investors from B30 contributed Rs 1,725 on average to MFs through SIPs, which is 70 per cent lower than the average ticket size of T30 investors at Rs 2,940.
'I think some of us, like Mukesh Ambani, myself and those of us who head industrial units, ought to really focus on what we can really do to make the world a safer place, maybe 50 or 100 years from now.' 'For instance, how can we deal with climate change and global warming, right now?' 'The effects of it may not be felt now; in fact, we may pay a price for it today, but it will help the generations to follow.'
The Calcutta high court on Friday ordered house arrest of four political leaders, including two Bengal ministers, who were held in the Narada sting tapes case earlier in the week.
The Rajya Sabha chairman said this was not the first time that such a suspension has happened. Starting in 1962 till 2010, members were suspended on 11 occasions in furtherance to motions moved by the governments of the day.
Participating in a debate on the bill in Lok Sabha, Moitra said women's reservation is dependent on two totally "indeterminate dates" and asked, "can there be a greater jumla".
The official declined to comment on reports that a suicide note in Gujarati was also found with the body of the Independent MP.
'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.'
Embattled US President Joe Biden on Sunday announced that he will end his candidacy for re-election in 2024 and endorsed Vice President Kamala Harris as the Democratic Party's new nominee, saying "it is in the best interest of my party and the country".
Both Houses have been witnessing a ruckus over the Rafale fighter jet deal and Cauvery river issue, among other matters.
Nestle, State Bank of India, Power Grid, Tata Steel, Larsen & Toubro and Mahindra & Mahindra were the other major gainers. In contrast, Tech Mahindra, Axis Bank and Reliance Industries were the laggards.
In yet another instance of his confrontation with the Dravida Munnetra Kazhagam dispensation in Tamil Nadu, Governor R N Ravi on Monday concluded his customary address to the House within a few minutes, making certain remarks over the content of the address that were 'expunged'.
Watch all the debates and discussions in Parliament.
The Trinamool Congress Friday appointed former party MP Arpita Ghosh as its state general secretary, two days after the Rajya Sabha chairman accepted her resignation from the Upper House.
Rajya Sabha is likely to adjourn sine die after taking up five bills on Wednesday, the sources said on Tuesday. The Lok Sabha, Speaker Om Birla said, will meet at 6 pm on Wednesday instead of the usual 3 pm.
Congress president Mallikarjun Kharge on Friday said while just 24 hours were taken to disqualify Rahul Gandhi from the Lok Sabha after his conviction in a defamation case, it is to be seen how long will it take to reinstate him after the Supreme Court relief.
Union Home Minister Amit Shah asked the opposition on Monday to allow a debate on the Manipur issue to begin in Parliament but the deadlock persisted in Lok Sabha and Rajya Sabha as both sides refused to budge from their stand, with Congress and its allies insisting on a statement from Prime Minister Narendra Modi first.
Housing sales jumped over 4.5 times year-on-year in April-June across eight cities to 74,330 units on lower base effect, while demand was up 5 per cent from the previous quarter, according to PropTiger data. Housing sales stood at 15,968 units in the April-June period last year and 70,623 units in the January-March quarter of 2022. The price of residential properties rose 5-9 per cent annually, driven by rise in input costs, inflationary pressures and premium attached with ready-to-move-in inventory. Pune and Chennai saw maximum appreciation at 9 per cent each.
Finance Minister Nirmala Sitharaman on Tuesday announced income tax relief for the middle class, a Rs 2 lakh crore outlay for job creation schemes over the next five years and a spending splurge for states run by her party's new coalition partners as she unveiled the Modi 3.0 government's first budget after the general elections.
Initiating the debate from the opposition's side in the Lok Sabha, Gandhi said, "I stand here in support of Nari Shakti Vandan Adhiniyam."
