As long as the money has been 'paid or deposited in the previous year', an assessee should be eligible for tax relief, says Harsh Roongta.
Journalist Rana Ayyub rejected allegations on Friday that she "misused" donor funds raised in the wake of the Covid-19 pandemic, saying money-laundering charges levelled against her are "preposterous and wholly mala fide".
Despite strong AUM growth, MFs lag behind other popular investment avenues. MFs received only 6 per cent of total household savings in 2021-2022.
The SIP route suits the salaried class, by matching their income flows with investment frequency.
Ayyub is the account holder and deposits totalling Rs 1,77,27,704 have been attached by the ED.
The most immediate challenge for growth is the disruption of the global economy brought about by the Ukraine war and related sanctions, the Covid shutdowns in China and the rising tide of inflation, points out Nitin Desai.
Do you have parents who have turned 60? You may want to forward Sarbajeet K Sen's suggestions to them.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
'If we go in the same direction as them, we cannot expect a different result from them.' 'Our fall is going to be very swift.' 'Within a decade, we can expect the situation to change for the worse.'
Congress leader Rahul Gandhi on Wednesday slammed the government over the rising price of domestic cooking gas, diesel and petrol, and alleged that an amount of Rs 23 lakh crore has been earned by increasing prices of these commodities in the last seven years.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Salil Dhawan reveals the MFs that have not only performed well in the past but have a promising outlook for the future too.
From the date you put in your papers, the employer will promptly freeze your salary payouts and you will get everything along with the full and final settlement.
The online world is driven by convenience, simplicity and speed.
Don't opt for a SWP when you have a regular cash flow. During such times, opt for a SIP.
Retirees have better options that offer liquidity, better returns and are more tax-efficient.
Gandhi said if money is not given in the hands of the poor and small and medium industry, there could be "serious economic damage" in the country.
The seat-share progression should worry the BJP. From the previous assembly polls of 2017, through the assembly segments in its favour in the 2019 Lok Sabha polls and now in 2022, the BJP's seat-share has come down from a high 312 to 275 to 255. N Sathiya Moorthy reads the political tea leaves after the UP and Punjab election verdicts.
Modi is seen as exceptional not only on account of his acts but also owing to his style. He appears to sacrifice his life for the people -- like a fakir, a figure he came to epitomize even more in 2020 by growing a long white beard. Charisma is above accountability, and Modi has grasped these dynamics.
The case relates to alleged terror funding in 2017 in the valley and involves Jamaat-ud-Dawah (JuD) chief Hafiz Saeed, the 2008 Mumbai terror attack mastermind based in Pakistan.
In its new avatar as the Department for Promotion of Industry and Internal Trade (DPIIT), it will directly be responsible for 'the welfare of traders and their employees'.
With the introduction of 10 per cent tax both on long-term capital gains and on dividend, choose funds based on investment horizon and risk appetite, not on tax advantage, experts tell Sanjay Kumar Singh.
'By transferring the case to the NIA without the Maharashtra government's consent clearly indicates they want to play mischief.'
The loss to policyholders due to massive mis-selling of insurance policies by trusted private sector and public sector banks will be well in excess of Rs 2 trillion, warns Harsh Roongta.
Decoding four important provisions in the Finance Bill 2018.
Chances of staying true to your goals tend to be high when you don't lose sight of what you set out to achieve, advises Arun Thukral, MD & CEO, Axis Securities.
The Finance Commission has substantially increased the allocation of funds to panchayats, but a large part of it is apportioned by state governments.
UTI Mutual Fund has launched UTI-FAMILY (that allows investors to buy mutual fund units in their name, but the returns go straight to a parent's bank account.
'The people let off by the NBFCs have little bargaining power and willingly settle for a 20% to 25% cut in their existing salaries when hunting for new jobs.'
Fadnavis also dismissed Hegde's claim as 'absolutely wrong' and said nothing of that sort happened.
Such an exercise was earlier undertaken in 2001, when 357 such laws were repealed.
Tax-saving investments should not be made with the sole purpose of saving tax, but should also help an individual grow his wealth, suggests Archit Gupta, founder and CEO, ClearTax.
Now that the National Pension Scheme offers more choices than the Employees Provident Fund, is more transparent and also allows to choose the level of allocation to equities as investors like, should one switch to the NPS?
While Google has market capitalisation of almost $753 billion and Facebook commands one of $515 billion, it is the wealth of user data they have that one fears
To ensure a better financial future, resolve yourself to follow these simple money tips.
Look at gold bonds or gold monetisation scheme instead of buying physical gold
Most expect the Budget to be path-breaking.
Money saved is money earned, and cutting down your expenses could well be the single-most important step towards an organised financial life. Naval Goel shows you how to keep your finances organised.
'We hope that people are aware that even after the lockdown, we will have to follow a lot of things that we were following during the lockdown.' 'Don't get out for non-essential things.' 'Don't gather together for parties, religious events or at religious places.' 'Ensure social distancing at work and otherwise.' 'You know, in India, it is not uncommon for people with a cough and a cold to go to work.' 'We really want people to understand that if you have a cough, cold, fever, just stay at home.' 'Don't get back to work or don't get back to school.'
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