Ranbir Kapoor's Animal has entered the Rs 500 Crore Club (Rs 5 billion) in its third weekend itself.
'I know my worth. Even in my lowest ebb, I didn't compromise with my price.'
'The long-term impact of elections is minimal.'
LTA can be claimed only for domestic travel and is available for two journeys within a block of four years.
The bulk of an investor's portfolio should be in shorter-duration funds of up to one year portfolio duration.
'For experienced and risk-taking investors, now may be the time to go all in.' 'By 'experienced and risk-taking', I refer to those who remained net buyers in equities during the early stages of the 2020 pandemic.' 'On the other hand, those who exited the markets during the pandemic may go the SIP way.'
The three have been identified as Parveen Wadhwa alias Prince, Irfan alias Chenu and Jassa Singh.
'The estimated expenditure is expected to be more than double the Rs 60,000 crore spent in 2019'
'We see mid-and small-caps as a real pot of gold.' 'From a 10-15 years perspective, mid-and small-cap are likely to outperform the larger index, as they have done in the past.'
'Given the inherent volatility, investors should take at least a three to five-year view.'
'Rather than taking a very short-term view on the markets, equity investing should be premised on longer term growth opportunities.'
'More than investors, fund houses, and advisors have raised caution and limited flows on small-and mid-caps.'
'Valuations of midcaps and smallcaps have reached very high levels, and hence to that extent leave little margin of safety.'
'Planning for the transfer of assets to the next generation is an important aspect of financial and estate planning.'
Non-compliance can also result in legal complications and disputes with the tax authorities.
Just like Sunny Deol can become the boss of the box office with his latest film Gadar 2, he can also throw the baap of all parties!
'The main worry is lots of new investors coming into the markets in order to make a quick buck/easy money.' 'Those things are happening again and have happened in the past as well.' 'All that has led to problems.' 'We are not there yet, but will get there eventually.'
'We are planning to visit several cities now that they have shown their unconditional love for our film,' Sunny Deol tells Subhash K Jha.
A round-up of the week's interestingly dressed celebs. Some of their finery left us spell-bound.
Many senior citizens fail to disclose certain incomes like interest, commissions, or dividends in their ITRs.
You got to hand it to Alaya F for looking so lovely on the FDCI x Lakme Fashion Week runway.
'Gadar 2 was made with the purpose of entertaining people and not to perpetuate enmity between neighbouring countries.'
Finance Minister Nirmala Sitharaman will present the Union Budget for 2023-24 in Parliament on February 1. The Budget is a statement of the government's estimated receipts and expenditures for a fiscal year (April 1 to March 31). It's divided into Revenue and Capital Budget. The Revenue Budget includes the government's revenue receipts and expenditures while the Capital Budget includes its capital receipts and payments.
'We like certain stocks from banking, insurance, retail, hospitals and capital goods.' 'Though some of these stocks may seem expensive, they will compound well over the long term, thus justifying their current multiples.'
The government on Friday announced that no tax will be charged on overseas spending of up to Rs 7 lakh in a year using debit or credit as it looked to douse backlash from its earlier decision of levying TCS on all spending. The government had earlier this week brought overseas credit card spending under Liberalised Remittance Scheme (LRS). This meant that any spending using credit cards overseas would attract a 20 per cent tax from July 1.
'On Saturday night, I went to the cinema to see my film for the first time as a member of the audience.' 'What I saw left me overwhelmed.' 'So much love!'
'It will dictate the flow of funds into the index. We will maintain caution on mid/smallcaps.'
Penalties for non-disclosure or inaccurate disclosure of these details can be severe.
KKR shared a cute video of Umesh Yadav's daughter Hunarr and wife Tanya Wadhwa, celebrating his scintillating performance.
'The number of leave accumulated sometimes goes up to 300.' 'The encashed amount is equivalent to almost 10 months' salary.'
Retail inflation fell to a 15-month low of 5.66 per cent in March, mainly due to a decline in food prices, government data showed on Wednesday. The inflation figure in March is within the RBI's comfort zone as it is below 6 per cent. The retail inflation based on Consumer Price Index (CPI) was 6.44 per cent in February 2023 and 6.95 per cent in the year-ago period.
Policymakers are examining the possibility of increasing the tax-free slab to Rs 5 lakh in the two-year-old alternative personal income tax regime to make it attractive, a government official said. At present, taxpayers don't pay income tax if their taxable income is Rs 2.5 lakh and below. Increasing the threshold will reduce the tax outgo for assessees, thereby leaving more money with them to invest, the official said.
Retail inflation rose to three-month high of 4.81 per cent in June, mainly on account of hardening prices of food, according to the government data. Inflation based on the Consumer Price Index (CPI) stood at 4.31 per per (revised upward from 4.25 per cent) in May and 7 per cent in June 2022. The inflation, however, remains within the RBI's comfort level of below 6 per cent.
'In case the El Nino pattern plays out negatively and/or the political situation becomes messy, we may see markets correcting and waiting for the situation to become clear by early/mid-2024.'
'The risk is in not being invested and missing out on an upmove.'
Missing the deadline for filing Income Tax returns can lead to consequences.
NPS is a cost-effective instrument with low fund management and other fees. Unlike in mutual funds, investors get the benefit of tax-free rebalancing here.
'Historically, equities have consistently outperformed debt, gold, property, and other assets over a reasonable period.'
'Dur'hum' saath saath hai,' Anushka captioned the picture on Instagram.
'The market should maintain optimism on the back of range-bound oil prices, a robust fiscal balance sheet, a better-than-expected monsoon, and moderating inflation.'
