While using the family to save tax is legal and smart, ensure you use the ones where clubbing income laws isn't a concern, advises Bindisha Sarang.
Treat silver as part of the procyclical or growth assets in your portfolio, advises Sanjay Kumar Singh.
The government is studying suggestions on checking instances of double non-taxation and 'treaty shopping'
'TMFs trump FMPs and FDs when it comes to investing in a high-duration product.'
rediffGURU Vivek Lala answers your income tax and personal finance queries.
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
If tax planning is high on investors' agenda, small savings instruments emerge as a natural choice.
Direct tax expert Vikas M Gandhi offers some valuable tax-saving tips.
Direct tax expert Vikas M Gandhi offers some valuable tax-saving tips.
'The corporate tax cuts will obviously result in lower tax payments by companies,' says Central Board of Direct Taxes member Akhilesh Ranjan who retires after 37 years in government service.
A New York court has paused Cairn Energy's pursuit of US assets of Air India for the recovery of $1.2 billion arbitral award, so as to allow the British firm to reach a settlement with the Indian government on the long drawn dispute. The New York district court delayed the tax suit to November 18, according to court documents reviewed by PTI. This follows Cairn Energy and Air India jointly asking the court to stay further proceedings in view of the fresh government enacting a fresh law to scrap retrospective taxation in the country.
Siemens delivered a strong margin performance and also reported high other income to beat consensus in the January-March quarter (Q2) of FY24 (the company's year-end is September 30). In addition, it has opted to demerge the energy vertical with a 1:1 award of shares in the newly demerged entity which will be listed by the end of this year (CY25).
UltraTech Cement's third quarter of financial year 2023-24 (Q3FY24) performance saw a combination of 6 per cent year-on-year (Y-o-Y) volume growth and 8 per cent revenue growth coupled with better realisations per tonne. The earnings before interest, taxes, depreciation, and amortisation (Ebitda) stood at Rs 3,250 crore and Ebitda per tonne was Rs 1,191. Profit after tax (PAT) was reported at Rs 1,780 crore. Other income dipped and interest costs rose.
rediffGURU Dev Ashish answers your personal finance and mutual fund queries.
Business success often involves a combination of planning, implementation, and continuous learning, says rediffGURU Harsh Bharwani.
Continuing on the fiscally prudent path, the Modi government in the interim Budget refrained from announcing populist measures, which will help it trim the fiscal deficit to 5.1 per cent of the GDP next fiscal and 4.5 per cent in FY26.
'The private sector will look to the budget to check whether there are any headwinds or tailwinds.'
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries
Like the UPA government, probably the NDA government also feels that hardships caused to taxpayers are just collateral damage and that taxpayers are too few and even those few don't have a vote (non-individuals) or don't vote, says Harsh Roongta.
This election will be remembered for being the first election where the Election Commission failed to take action on gross violations involving the ruling party that repeatedly used religion, communal slurs, lies and undocumented allegations, observes Ramesh Menon.
Thrust on infrastructure and capital expenditure is expected to continue in the Union Budget for FY25.
'If I close my housing loan, are there any investment avenues (the investment should provide liquidity) to save tax?'
The government on Friday said that it is concerned about frequent hike in prices of petroleum products but does not plan to reduce taxes on oil goods.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
If your equity gains are less than Rs100,000 in a financial year, you can breathe easy.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.