'Arbitrage funds make the most sense for those in the 30 per cent tax bracket, are viable for those in the 20 per cent bracket, but less so for those in the 10 per cent bracket.'
A total of 161.30 acres of land, plant, machinery and building of the Kannad Sahakari Sakhar Karkhana Limited (Kannad SSK) located in Kannad village of Aurangabad district has been provisionally attached under the Prevention of Money Laundering Act (PMLA), the ED said in a statement.
The Delhi high court on Monday directed Trinamool Congress leader Saket Gokhale on Monday to apologise and pay Rs 50 lakh damages to former diplomat Lakshmi Murdeshwar Puri, wife of Union minister Hardeep Singh Puri, for his defamatory tweets against her over the purchase of a property in Switzerland.
Launching a scathing attack on the Congress, Shiv Sena MP Shrikant Shinde wondered whether Indira Gandhi was also anti-Constitution as she had praised Savarkar as a "remarkable son of India".
'The CM's credibility is on the line.'
Cardiac care plans are ideal for individuals with pre-existing heart conditions or a family history of heart issues. Those who can't get coverage under a comprehensive plan should opt for these plans.
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
'Accidents are unpredictable, whether it's a mishap during Diwali, a fracture during travel, or a fall in the bathroom.'
Regularly monitor your account for any suspicious activity. Keep your devices updated with the latest security patches to prevent vulnerabilities. Ensure the physical wallet you use is stored securely to avoid loss or theft.
'"When I was in China, a song by your father was being played," Modi told Ranbir.'
'A murder has occurred in the room, but there were no signs of struggle.' 'RG Kar says the body was discovered at 9:30 am. But the media was informed at 8:30 am.' 'We realised that crucial evidence was being destroyed.' 'She had several bite marks on her neck, but no swab was collected.' 'My daughter had 28 injuries on her body. But there was no DNA of the assailant under her nails.' 'Are you saying she did not try to defend herself?'
The bids on Rishabh Pant could well soar like his audacious no-look six in the ongoing Perth Test, as he seems poised to become the highest paid player among the 577 who will go under the hammer at the two-day IPL mega auction, starting in Jeddah on Sunday.
'Money power was deployed like an army in a war.' 'None of the MVA parties had that kind of money.'
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
The government has revised gold import data, bringing down numbers for November by $5 billion to $9.84 billion, possibly to rectify double accounting of inbound shipments. According to revised data of the commerce ministry arm Directorate General of Commercial Intelligence and Statistics (DGCIS), gold import numbers have been slashed since April 2024, revealing excess imports of about $11.7 billion during the first eight months of 2024-25.
Congress leader Rahul Gandhi on Thursday said Prime Minister Narendra Modi thinks that the Constitution of India is 'blank' because he has never read it.
The BCCI's retention and auction rules ensure that franchises will have to make careful decisions to balance retaining star power with building depth across their squads.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
The Supreme Court on Monday dismissed a plea filed by Sebi against a Securities Appellate Tribunal order which set aside the penalty imposed by the market regulator on RIL chairman Mukesh Ambani and two other entities in a case related to alleged manipulative trading in shares of the erstwhile Reliance Petroleum Ltd (RPL) in November 2007. A bench of Justices J B Pardiwala and R Mahadevan said it was not inclined to interfere with the order passed by SAT.
Alamgir Alam had distanced himself from the activities of Lal while speaking to reporters after the ED raids, pointing out that he had earlier served with other ministers of the state government too.
In the Union Budget for Financial Year 2023-24 (FY24), Finance Minister Nirmala Sitharaman had held forth on the need for better governance and investor protection in the banking sector. She had proposed certain amendments to the Reserve Bank of India Act (RBI Act), 1934; the Banking Regulation Act (BR Act), 1949; and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970.
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.
It is similar to top-up health insurance plan, but provides for one or more claims cumulatively crossing the threshold limit.
'If people want to work 90 hours, we should let them work.' 'If people want to work 30 hours, you should let them work 30 hours.' 'But they should not expect the same level of success and attention.'
Business cycle funds aim to optimise returns by aligning their portfolios with different phases of the economic cycle. First-time investors, those who prefer stable sector allocations, and those averse to volatility should steer clear of them.
Indian Olympic Association (IOA) President PT Usha on Monday said it is "deeply concerning" that the Executive Committee members failed to honour Olympic medallists and accused the Finance Committee of blocking funds intended to support Indian athletes' preparation for the Paris Games.
'Why has Maharashtra slipped up over the past couple of decades?' 'Not only is this question critical for residents of the state, but given that it accounts for 14% of India's GDP, a faster-growing Maharashtra implies a faster-growing India as well, point out Shishir Gupta and Rishita Sachdeva.
The trouble started when the SP member wanted to make a point on an ongoing heated discussion between Opposition parties and the Chairman in the Rajya Sabha over certain remarks made by BJP MP Ghanshyam Tiwari on Kharge a few days ago.
In two years, the start-up Overqualified Housewives has helped over 6,000 women across India find flexible-job roles across India from salaries ranging between Rs 8,000 to Rs 80,000, making them financially independent.
New investors should gradually build a 5 to 10 per cent allocation to gold.
Replying to a question about women empowerment, Sitharaman insisted that patriarchy is a concept invented by the Left.
'Since I got married, I've seen him watch KBC all the time.' 'We never have songs or movies playing on our TV; it's always general knowledge and current affairs.'
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