The onus of the tax dues of Rs 22,100 crore on Vodafone India's British parent could also fall on the merged entity.
'The fiscal situation is stressed (when is it not?!), economic growth has slowed, tax revenue has fallen short and the deficit is high if it is properly accounted,' points out T N Ninan.
Give them up post haste and make a rocking beginning to the New Year.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The Budget would have been the perfect vehicle to introduce some bold initiatives.
That opportunity has been lost through this Budget, observes Shreekant Sambrani.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Find out why equity linked savings scheme is the best investment option for tax savers, why it is a favourite of tax-savers, what factors you must to consider while investing in ELSS mutual funds and how to choose them.
In simple terms, it refers to a deduction allowed in income tax, irrespective of expenses incurred or investment made by assessees.
Keeping patience while making a financial decision is one thing millennials need to learn, says Naval Goel.
If you plan to invest in an FD, go for the 12-15-month tenure. This will allow you to redeploy maturity proceeds at higher rates (if rates rise), advises Sarbajeet K Sen.
'I have been advising investors since the last couple of months to at least take their capital out.' 'Most of the people have made 50-60 per cent in the market, if not more, they must at least take their capital out.'
Rahul Gandhi, who is scheduled to again visit poll-bound Gujarat from Saturday, said the government can't break the back of small and medium businesses, crush the informal sector and destroy millions of jobs.
Dear readers, we had asked you to send in your personal finance queries to be answered by Basis founder and CEO Hena Mehta. Here's the first batch of responses.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
Taxation has played spoilsport despite double digit returns.
The manifesto also commits Labour to constitute a judge-led inquiry into Britain's "injustices of the past", including a public review of the country's role in Operation Blue Star -- referred to as the "Amritsar massacre".
Roopam Asthana, CEO and whole-time director, Liberty General Insurance Ltd, answers your queries on HEALTH and AUTO insurance.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Invest early. Plan your taxes.
In his book, Backstage: The Story Behind India's High Growth Years, Montek Singh Ahluwalia accepted the Act "increased the cost of land to financially unsustainable levels ... and made it easier for anyone who wants to stop a project to use the various consultative processes required under the law to delay matters".
'Internet, healthcare and life insurance are a few sectors which offer solid long-term decadal potential.'
'Coupled with e-filing procedures it would really enhance the ability of the judiciary to provide speedier justice.'
Honest financial advice helps you make rational financial decisions
GST, a much needed reform that widens the tax net, promises to strangle many legitimate businesses while they wait for the tax administration and systems to catch up, says Rahul Jacob.
The best time to apply for a visa is between May 20 and June 15. Be prepared to fulfill your study abroad dream!
Interest on NRE accounts is tax-free, but the I-T department creates hurdles to tax these accounts.
After an apparent truce between AAP and the BJP following the Delhi polls, sparks are flying once again. Radhika Ramaseshan reports.
Cakes, brownies and cookies -- you name it and this MasterChef India Season 6 contestant can make it, and make it healthy.
''Even without major reforms, with a business as usual scenario, and with current inflation trends, we should be clocking around 11 to 12 per cent nominal growth.' 'That is not happening and is a source of worry,' Rathin Roy tells Arup Roychoudhury.
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.
Sanjay Matai, a financial adviser and author, penned this advice for his son when he got his first job and first paycheque.
Wondering if mutual fund investments can earn you enough money for your retirement and child's marriage? Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Serving an ultimatum to people making high-value purchases, Finance Minister P Chidambaram asked them to pay taxes and file returns before July 31, failing which Income Tax department would get at them.
The GST Network's chairman Navin Kumar speaks to Dilasha Seth and Indivjal Dhasmana on various aspects of the new tax regime.
'Our stable outlook currently points to the fact that the ratings are likely to remain stable for the next couple of years.'
Taxpayers should be getting their refunds online.
The right investment at the right age will help you enjoy a secured post retirement life.
'When growth drops precipitously from 7% to 4.5% in four quarters, it is for all practical purposes a recession' notes T N Ninan.
'If the Union Budget can provide incentives for animal spirits to come as well as induce demand stimulus and consumption, the Budget would have done a wonderful job.'
The Union finance ministry has asked field officers of the income tax department to not be adversarial to assessees, and to not send high-pitched demands without a proper basis.
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