'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.'
The three have been identified as Parveen Wadhwa alias Prince, Irfan alias Chenu and Jassa Singh.
'Valuations of midcaps and smallcaps have reached very high levels, and hence to that extent leave little margin of safety.'
'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.'
'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!
'We are planning to visit several cities now that they have shown their unconditional love for our film,' Sunny Deol tells Subhash K Jha.
Many senior citizens fail to disclose certain incomes like interest, commissions, or dividends in their ITRs.
'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.'
A round-up of the week's interestingly dressed celebs. Some of their finery left us spell-bound.
'Gadar 2 was made with the purpose of entertaining people and not to perpetuate enmity between neighbouring countries.'
'It will dictate the flow of funds into the index. We will maintain caution on mid/smallcaps.'
You got to hand it to Alaya F for looking so lovely on the FDCI x Lakme Fashion Week runway.
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.
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!'
Penalties for non-disclosure or inaccurate disclosure of these details can be severe.
'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.
'The risk is in not being invested and missing out on an upmove.'
'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.'
'Historically, equities have consistently outperformed debt, gold, property, and other assets over a reasonable period.'
KKR shared a cute video of Umesh Yadav's daughter Hunarr and wife Tanya Wadhwa, celebrating his scintillating performance.
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.
Missing the deadline for filing Income Tax returns can lead to consequences.
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.
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.
'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.'
'We are in a sweet spot.' 'Equity, on a standalone basis, will continue to remain the asset class to stay invested in.'
The sharp rally in the markets thus far in fiscal 2023-24 (FY24) has left analysts struggling to find investment-worthy themes. The S&P BSE Sensex has surged nearly 7 per cent thus far in FY24 and hit a fresh 52-week high of 63,601.71 levels on June 22, mostly led by foreign institutional (FII) flows. "The Indian market has seen a broad rally in the past few months but headline indices have seen more modest performance. "We are not very clear about the reasons for the rally and the divergent performance and struggle to find ideas in the consumption, investment and outsourcing sectors after the sharp run-up in several of our favored sectors and stocks in the past two months," wrote Sanjeev Prasad, co-head, Kotak Institutional Equities, in a recent co-authored note with Anindya Bhowmik and Sunita Baldawa.
'...over the long-term can be done only by investing in equities.' 'And during weak macros, one needs t1o allocate more than drawing it down, because they offer the best entry point.'
'Dur'hum' saath saath hai,' Anushka captioned the picture on Instagram.
'Earnings will be the catalyst for markets to march higher from here on out.'
Retail inflation declined to an 18-month low of 4.7 per cent in April mainly due to falling prices of vegetables, oils and fats, and came closer to Reserve Bank's target of 4 per cent, showed government data released Friday. It was for the second month in a row that Consumer Price Index (CPI) based inflation remained within the RBI's comfort zone of below 6 per cent. The government has tasked the central bank to ensure retail inflation remains at 4 per cent with a margin of 2 per cent on either side.
'Markets are not expensive; they are fairly priced.'
'India is an equity market with a breadth and depth of companies to invest in.'
'Geopolitical risks and their impact on oil prices, if any, are another concern for global markets, particularly for India.'