Buying makes sense for those planning to stay in a city for at least 7 to 10 years. Financial preparedness is crucial.
Wealth, which can broadly be a measure of assets held as opposed to income earned, is unequally distributed.
'2025 is the year to build a portfolio for the future. Focus this year should be on valuations and visible growth.'
'Choose an FD tenure that provides a balance between returns and the horizon for which you can invest.'
Adani Ports and JSW Infrastructure, India's leading private port operators, are expanding their logistics services to capture extra cargo while they run integrated transport services. "With incrementally less availability of lucrative port assets that can drive cargo volumes, port operators have naturally shifted their focus on deriving value in the upstream integration, i.e., the logistics space.
Amid the row over Congress leader Sam Pitroda's remarks, the party on Wednesday asserted that it has no plans whatsoever to introduce an inheritance tax and cited former Union minister Jayant Sinha's remarks to allege that it is the Modi government that wanted to do so.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
'More investors now view the stock market as a valuable opportunity, though many still seek quick gains, leading to a rise in futures and options trading.'
ELSS investments require a long-term commitment of at least seven years.
Income tax payers can now file their tax returns more easily, says tax expert Subhash Lakhotia.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
The new measures will lead to tax collection of Rs 9,000 crore
Mysore went on to affirm that Iyer would continue to be a part of the leadership group and could grow as a potential captain in the future.
RBI's interest rate decision, quarterly earnings and global cues would be the major driving factors for equity markets this week, analysts said adding that the impact of the Union Budget could linger on this week. Trading activity of foreign investors will also be a key driver for the markets, experts noted. "US and India's manufacturing PMI for January to be released on Monday, will be the key macro data to watch out for.
'This is also a time when you realise that short-term trading and dabbling in derivatives may result in financial losses.'
Led by a new generation of entrepreneurs, India's family offices are shifting from traditional investments in physical and tangible assets like real estate to investing in technology, healthcare, and retail stocks. This new wave of family offices is engaging in stock market investments, including pre-IPO placements and secondary market operations. "Born into a world of technology, the next generation, especially those born after 2000, view technology as equally crucial as finance for running a business.
rediffGURU T S Khurana answers readers' personal income tax queries.
'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.'
A trends study conducted by India's Financial Intelligence Unit (FIU) has expressed suspicion that cryptocurrency is being used across the country in serious criminal acts like terrorist financing, fuelling secessionist activities, cybercrime, narcotics trafficking, illegal betting and gambling. The report, which was based on suspicious transaction reports and operational analysis, shared these trends and credible intelligence with law enforcement agencies.
'Peninsular Indians could ask 'Why should we contribute half of India's tax revenues if we account for only a quarter of the seats in the Lok Sabha?'.' 'The rest of the country seems likely to counter that 'democracy means one vote per person irrespective of where that person resides in India'.' 'With no easy answers to this thorny debate, the south's economic ascendancy could end up creating a Hobson's choice.' A revealing excerpt from Nandita Rajhansa and Saurabh Mukherjea's book, Behold the Leviathan: The Unusual Rise of Modern India.
While movie stars like Akshay Kumar, Amitabh Bachchan and Salman Khan are among the top I-T payers, very few of the wealthiest Indians figure on the list.
Seems daunting? With right financial planning, patience, and commitment, this goal is entirely achievable, says Ramalingam Kalirajan. Here's how
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
96 per cent is being collected through TDS, advance tax, self-assessment tax, and other receipts.
'If we want real democracy, the economy itself will need to be democratised.'
'Within India, people want high-quality, personalised banking services, and the demand for such services has exploded.'
'Expect India to keep doing well irrespective of geopolitics.'
rediffGURU Vivek Lala answers your income tax and personal finance queries.
Globally, just 8 billionaires have same amount of wealth as the poorest 50% of the world population.
Leaders who built and manage these incredible global companies cannot be tyrants, slave-drivers, or idiots. Essentially what they are saying falls under the definition of rallying the troops, inspirational talk, like the usual coach-speak with the team before a match, asserts Shekhar Gupta.
In a relief to actor Shah Rukh Khan, the Income Tax Appellate Tribunal has overturned an order of the tax authorities to add Rs 2.28 crore he had lent his wife as interest free loan to buy flat and jewellery to his net wealth.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
Stopping SIPs during a downturn undermines the benefit of rupee-cost averaging.
Break the chains of debt, invest in your future, and wave the flag of financial independence high. Freedom awaits, comrades. Let's conquer this battlefield together this Republic day, exhorts Vatsal Ramaiya.
Total market funds are ideal for long-term investors who prefer a simple, hands-off approach, making them suitable for those unwilling to manage multiple funds.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
'Reduce your equity allocation, put that allocation into gold and fixed income.'
The cash that one receives from friends as gift is considered as a part of income.
'Arbitrage funds make the most sense for those in the 30 per cent tax bracket, are viable for those in the 20 per cent bracket, but less so for those in the 10 per cent bracket.'
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.