News for 'Tax Experts'

Young Taxpayers Prefer New Tax Regime

Young Taxpayers Prefer New Tax Regime

Rediff.com31 Aug 2023

'Most young taxpayers prefer income tax filing to be flexible yet straightforward.'

Tax change, spike in inflows revive interest in Rs 84,000-crore FoF space

Tax change, spike in inflows revive interest in Rs 84,000-crore FoF space

Rediff.com18 Sep 2024

The Rs 84,000 crore domestic fund of funds (FoFs) space, which was in the doldrums over the past 18 months, has now caught the attention of investors due to a change in the tax structure in Budget 2024. The broader category, which includes offerings across equity, debt and commodities, has seen a spike in the inflows over the past two months. FoFs typically deploy the pooled capital in one or multiple MF schemes rather than investing directly into equities, debt or commodities.

FTA could lead to job losses for Indians in UK?

FTA could lead to job losses for Indians in UK?

Rediff.com19 May 2025

Sector analysts in India feel that the new convention may not lead to a significant increase in the number of Indian employees being sent to the UK.

Trump slaps 25% tariff on imported cars

Trump slaps 25% tariff on imported cars

Rediff.com27 Mar 2025

In a significant policy announcement from the Oval Office, President Donald Trump has declared a 25 per cent tariff on all imported vehicles entering the United States, a move he described as "very exciting" for domestic manufacturing. The tariffs, set to take effect on April 2, will impact nearly half of all vehicles sold in the United States, including American brands assembled overseas.

Adani Ports, JSW Infra make logistics anchor for cargo growth plans

Adani Ports, JSW Infra make logistics anchor for cargo growth plans

Rediff.com24 May 2025

Adani Ports and JSW Infrastructure, India's leading private port operators, are expanding their logistics services to capture extra cargo while they run integrated transport services. "With incrementally less availability of lucrative port assets that can drive cargo volumes, port operators have naturally shifted their focus on deriving value in the upstream integration, i.e., the logistics space.

Rs 8.7 Trn Individuals Vs Rs 4.53 Trn Corporates

Rs 8.7 Trn Individuals Vs Rs 4.53 Trn Corporates

Rediff.com12 Feb 2025

From FY20 to FY24, the revenue forgone due to tax incentives for individuals and Hindu undivided families stood at Rs 8.7 trillion, significantly higher than the Rs 4.53 trillion forgone for corporations.

Markets end higher on inflation fig; Sensex gains 182 points

Markets end higher on inflation fig; Sensex gains 182 points

Rediff.com14 May 2025

From the Sensex firms, Tata Steel, Eternal, Tech Mahindra, Maruti, Mahindra & Mahindra, Infosys, IndusInd Bank, HCL Tech, Tata Consultancy Services and Bharti Airtel were the major gainers. Telecom operator Bharti Airtel climbed nearly 1 per cent after it posted about a five-fold jump in consolidated net profit to Rs 11,022 crore in the March 2025 quarter, mainly due to the tariff hike impact and one-time gain on tax benefits. However, Asian Paints, Tata Motors, Kotak Mahindra Bank, NTPC and Power Grid were among the laggards.

7 Facts About Filing Income Tax Returns

7 Facts About Filing Income Tax Returns

Rediff.com25 Jul 2023

RediffGURU Mihir Tanna broadly lists the ITRs to be filled by individuals having income from salary, house property, capital gain, business and other sources.

Public-promoter confusion deepens with switches across companies

Public-promoter confusion deepens with switches across companies

Rediff.com24 May 2025

There have been multiple instances of the same entity appearing as both a public shareholder as well as under the promoter classification in some listed companies. And this dual-classification happened in the same quarter, according to data compiled by primedatabase.com.

'Withdrew PF. Zero Savings. How To Rebuild My Life?'

'Withdrew PF. Zero Savings. How To Rebuild My Life?'

Rediff.com24 Apr 2025

Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.

Will ATMs Dispense Rs 100, 200 By September?

Will ATMs Dispense Rs 100, 200 By September?

Rediff.com18 Jun 2025

Filling of Rs 100 and Rs 200 notes result in faster depletion and more frequent cash replenishment. This will cost banks and managed service providers more.

What You Can Do With The Extra Money

What You Can Do With The Extra Money

Rediff.com4 Feb 2025

'Some part could be used for consumption purposes, and the rest could be used to meet important financial goals.' 'The split can be 30:70 to 50:50, depending on one's situation.'

Amount paid on share buyback to be treated as dividend and taxed in hands of shareholders: FM

Amount paid on share buyback to be treated as dividend and taxed in hands of shareholders: FM

Rediff.com23 Jul 2024

Finance Minister Nirmala Sitharaman on Tuesday said buyback of shares will be taxed in the hands of shareholders similar to dividend from October 1, a move that will increase the tax burden on investors. Further, the cost paid by the shareholder to acquire these shares will be considered for computation of capital gains or loss to them.

Advance Tax Deadline Today: Who Should Pay?

Advance Tax Deadline Today: Who Should Pay?

Rediff.com15 Mar 2024

Everyone (with some exceptions) whose estimated tax liability is Rs 10,000 or more in a financial year must pay advance tax.

How Best To Utilise Rs 17,500 Tax Saving

How Best To Utilise Rs 17,500 Tax Saving

Rediff.com25 Jul 2024

Rediff.com spoke to registered investment advisors to figure out how best the extra Rs 17,500 saved ever year can be invested to create a decent corpus in the years ahead. This is what they said.

Budget curtails carry-forward losses for mergers and acquisitions

Budget curtails carry-forward losses for mergers and acquisitions

Rediff.com4 Feb 2025

The Union Budget 2025-26, while promising a new framework for smoother mergers and acquisitions (M&As), has plugged a major loophole on carry-forward losses for a total of eight assessment years between amalgamating company and amalgamated company from the date of loss instead of date of the merger. For all mergers effected on or after April 1, 2025, the losses can be carried forward only for the residuary period (counting from the date of loss).

SWP Vs FD: Why An SWP Win Hands Down

SWP Vs FD: Why An SWP Win Hands Down

Rediff.com18 Mar 2025

The systematic withdrawal plan stands out as a superior option, providing steady income despite market fluctuations and inflation, says Ramalingam Kalirajan.

GST to be simple with 1% additional tax removal, say experts

GST to be simple with 1% additional tax removal, say experts

Rediff.com31 Jul 2016

Analysts believe the GST could boost India's economic growth by up to 2 percentage points

What Is A Gift Deed?

What Is A Gift Deed?

Rediff.com13 Mar 2025

All that you must know about the pros and cons of gift deeds, tax implications, essentials, documents required, conditions, etc...

Securities transaction tax on F&O hiked from October 1

Securities transaction tax on F&O hiked from October 1

Rediff.com23 Jul 2024

Finance Minister Nirmala Sitharaman on Tuesday said the securities transaction tax (STT) will be increased on futures and options (F&O) trade from October 1 to discourage retail investors from investing in the risky instrument.

EXPLAINED: Trump's reciprocal tariffs

EXPLAINED: Trump's reciprocal tariffs

Rediff.com3 Apr 2025

Here is a list of Q & As to explain these issues and implications of the US move.

Beware High-Fee, Low-Return Funds

Beware High-Fee, Low-Return Funds

Rediff.com30 May 2025

A higher TER means a larger portion of the return goes to the AMC, leaving less for the investor, unless compensated by higher returns.

TDS, TCS move will not ease tax burden: Experts

TDS, TCS move will not ease tax burden: Experts

Rediff.com14 May 2020

Experts pointed out the move will only help taxpayers temporarily, as the tax liability remained the same and the date for advance tax has not been extended.

How to Choose Loans Against Property

How to Choose Loans Against Property

Rediff.com11 Jun 2025

'LAP is suited for borrowers with a steady income, sound repayment discipline, and a clear repayment plan.'

'Digital Arrest?' Don't Panic!

'Digital Arrest?' Don't Panic!

Rediff.com5 May 2025

Targets should avoid panicking and hang up. 'Disconnecting stops the scammers from building psychological pressure.'

Will German Visa Rules Affect Students?

Will German Visa Rules Affect Students?

Rediff.com10 Jun 2025

Ritika Gupta, a study abroad expert and founder of Aaera Consultants, explains how Germany's new visa rules will affect international students and working professionals.

Govt May Cut Small Savings Rates

Govt May Cut Small Savings Rates

Rediff.com17 Feb 2025

The interest rate on these schemes have remained unchanged for over a year now.

Budget Chats: Will new tax slabs benefit you?

Budget Chats: Will new tax slabs benefit you?

Rediff.com3 Feb 2020

Tax experts G Srikanth and Anil Rego will answer all your tax queries in two different chats between 1 pm and 4 pm on Monday, February 3.

Crypto: Assess Risks Before Investing

Crypto: Assess Risks Before Investing

Rediff.com19 Mar 2025

Market downturns or regulatory shifts can reduce liquidity, making it harder to buy or sell assets when needed.

Gold Hits 1 Lakh: Hold, Buy or Sell?

Gold Hits 1 Lakh: Hold, Buy or Sell?

Rediff.com6 May 2025

'Investors' decisions should reflect their financial goals, risk tolerance, and the amount of gold already present in their portfolio.'

SUVs The Flavour While Small Cars Remain Out of Reach

SUVs The Flavour While Small Cars Remain Out of Reach

Rediff.com29 May 2025

The country's biggest carmaker, Maruti Suzuki India, has raised concerns about the continuing slide in small car sales.

US tariffs: India not in a hurry, to follow wait and watch approach

US tariffs: India not in a hurry, to follow wait and watch approach

Rediff.com3 Apr 2025

The official said there are both challenges and opportunities for India as many of its competitor countries in exports, such as China Vietnam, Bangladesh, Cambodia and Thailand, face higher duties.

What Will Nirmalaji's Budget Be Like?

What Will Nirmalaji's Budget Be Like?

Rediff.com8 Jan 2025

The Budget assumes significance as it comes on the back of lower-than-expected growth numbers during the second quarter and geopolitical uncertainty.

Heard About Tax-Loss Harvesting In Stocks?

Heard About Tax-Loss Harvesting In Stocks?

Rediff.com6 Feb 2024

Investors can sell a part of the stocks, mutual funds, exchange-traded funds, and other securities held in their portfolios at a loss and use this loss to offset tax on the capital gains made on the sale of other securities.

Maestro A R Rahman's sound tips for Mahindra EVs

Maestro A R Rahman's sound tips for Mahindra EVs

Rediff.com20 Mar 2025

As auto major Mahindra & Mahindra (M&M) became the number two player in the retail passenger vehicle segment for the first time in February, powered by its new launches, the company is setting its sights on technology upgrades.

Of LTA, Gift And Crypto Tax

Of LTA, Gift And Crypto Tax

Rediff.com16 Jan 2024

Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com3 Feb 2025

RBI's interest rate decision, quarterly earnings and global cues would be the major driving factors for equity markets this week, analysts said adding that the impact of the Union Budget could linger on this week. Trading activity of foreign investors will also be a key driver for the markets, experts noted. "US and India's manufacturing PMI for January to be released on Monday, will be the key macro data to watch out for.

Are you paying property tax? If not, read this now

Are you paying property tax? If not, read this now

Rediff.com11 Mar 2024

Municipal corporations penalise late property tax payments. 'Penalties can include attachment of properties, bank accounts, rent and other movable assets," says Anand Moorthy, co-founder, Square Yards.

Indian Pharma Gets Relief from Trump's Tariffs

Indian Pharma Gets Relief from Trump's Tariffs

Rediff.com4 Apr 2025

Indian drugmakers supply 47 per cent of the generic medicine requirements in the US, and tariffs would have increased prices in the US domestic market for patients, who are already dealing with drug shortages.

Of Trump's reciprocal tariffs and trade deals

Of Trump's reciprocal tariffs and trade deals

Rediff.com14 Feb 2025

Of Trump's reciprocal tariffs and trade deals