'If you miss the deadline, you can still file a belated tax return till March 31, 2021, with a fee under Section 234F, which could be up to Rs 10,000, in addition to an interest under Section 234A and 234B of the Act.'
An investment vehicle lining up a $2 billion package to help bail the boss of India's troubled Sahara out of jail said it expects to ultimately take control of landmark hotel assets like New York's Plaza after the conglomerate fails to repay lenders.
'Recent underperformance notwithstanding, equities should constitute a major part of investors' financial portfolio.'
Finance Act, 2019 has made it mandatory for certain categories of taxpayers to file their ITR, even though their income may be below the taxable threshold. read on to find the details.
'As we expect the economy to continue to grow above the trend line, we expect capex decisions to be taken next year when there is more certainty about the cost of funding and the economy.'
The building that will house 1,500 employees is a showcase of the company's 'smart connected communities'.
An income tax tribunal held that the PoA could not be construed as an instrument of transfer concerning any right, title, or interest in the immovable property.
Plan to lay off excess staff, trim salaries of top executives.
'Tenants who pay rent above the threshold limit must be extra cautious about TDS fillings.'
After a stellar run that saw the frontline indices - the S&P BSE Sensex and the Nifty 50 - clock gains of around 21 per cent and 24 per cent respectively in calendar year 2021 (CY21), the year gone by in real sense belonged to the mid-and small-cap segments. Thus far in CY21, the mid-and small-cap indexes on the BSE have far outpaced the run in the frontline indices and notched up a gain of around 38 per cent and 61 per cent, respectively during this period. Though analysts expect the outperformance to continue in 2022, they caution against the multiple headwinds in the year ahead that may dent the overall market sentiment.
'The selling in India may emerge as soon as the RBI reverses its interest rate stance.'
Investors with high risk appetite must stay invested while risk-averse investors can consider profit booking.
Vice President Hamid Ansari on Thursday visited Angkor Wat days after India allayed Cambodian concerns over reports of building of a replica of the world heritage site in Bihar.
'Thankfully, most investors in India have now seen through this false narrative and are once again deploying their hard-earned money.
With this rejig, Mindtree's board will now have 12 board members from eight.
'Indices will remain range bound in 2022 as earnings catch up with the current multiples.'
After a stellar run in 2021 that saw the S&P BSE Sensex and the Nifty50 clock gains of 20 per cent and 22 per cent respectively, global equity markets, including India, are gearing up to welcome 2022 on a cautious note. For one, new variants of the Covid -19 infection that make current vaccines less effective is one of the key risks worth flagging, analysts said. Inflation was also a risk for this asset class in 2021, although most market participants expect that the current elevated inflation levels will be transitory.
'Overtightening of monetary policy by central banks and the spread of new Covid variants, which may force governments to restart lockdowns or restrict mobility.'
'The recent correction in indices has made the markets cheaper to invest for the long term.'
'Sectors that had been left out till now will also start participating in the rally.'
Wherever Bollywood celebs go, the cameras follow.
'We remain positive on technology, private sector financials, gas, infrastructure, and export-oriented plays.'
'Young working adults between 25 and 34, who are in Indian Tier II and III cities, are leading the charge in terms of crypto adoption.'
'Investors should keep them on their radar and invest over a longer time frame, and expect some of these companies to bite the dust.'
Batra's legal team says Bharat Sharma's allegations 'completely baseless, false and untenable'
'The markets have corrected almost 8-9 per cent from their highs, so one can accumulate quality stocks at reasonable prices.'
'If the third wave of Covid infections is as bad as the second one, the market may get very polarised with a preference for blue-chips with low volatility.'
'In 2022, active management, long-short strategies, multi-asset strategies, and asset allocation strategies need to be considered to meet long-term investment goals.'
India 'throws up' investment opportunities for Qatar investors.
The average home prices in Mumbai have touched Rs 12,000 per sq ft
'Good investment opportunities should not be missed.'
Piramal Fund Management has emerged as the largest lender to real estate developers at a time when the sector is facing severe slowdown.
Experts say that the lockdown and its aftermath will further quicken the consolidation in the real estate sector, which has been taking place since 2012, with more small players going out of the business and bigger, branded players dominating the market.
'For someone who wants to invest for the future or his family, diversification is necessary.' 'Diversify across asset classes -- equities, gold, real estate, fixed income, commodities, and even cryptocurrency.'
Employers will now need to furnish detailed break-up of exemptions that an employee has claimed.
'In the medium to long term mid-caps tend to generate higher returns, albeit with increased volatility.'
'There is a lot of interest from potential clients who have remained away from the markets in past years.' 'They are evaluating whether this is a good time to enter, especially since there are very few alternatives to earn meaningful returns.'
Under Section 80D, you can avail of deduction on payment made towards preventive health check-ups.
"All the Indians in Bangkok and other parts of Thailand are safe. We have not received reports of any untoward incident so far. We advise people to continue to watch the situation continuously," Indian Ambassador to Thailand Anil Wadhwa said.
