News for 'Wealth Tax'

Do We Need Atmashakti At Work?

Do We Need Atmashakti At Work?

Rediff.com15 Oct 2024

'Alongside economic growth and the Asian century, stress has become an Asian caravan.' 'But stress doesn't arrive in one's country as invitation to taste exhaustion. It comes dressed as a challenge.' 'Its evangelists ask: Are you man enough to shoulder stress?' points out Shyam G Menon.

Why You Must Review Mid-Year Finances

Why You Must Review Mid-Year Finances

Rediff.com9 Jul 2024

'A mid-year review makes the end-of-year financial review manageable and less stressful.'

How To Calculate Your Retirement Fund: A Step-by-Step Guide

How To Calculate Your Retirement Fund: A Step-by-Step Guide

Rediff.com21 Aug 2024

Are you ready to take control of your financial future? Ramalingam Kalirajan offers a step-by-step guide to calculate exactly how much money you will need when you enter your golden years.

TAX GURU: 'Can NRIs open PPF accounts?'

TAX GURU: 'Can NRIs open PPF accounts?'

Rediff.com4 Apr 2022

Anil Rego, CEO, Right Horizons, answers your personal income tax queries.

Karnataka let Prajwal leave the country says Modi

Karnataka let Prajwal leave the country says Modi

Rediff.com6 May 2024

Modi told Times Now that the responsibility to take action in the raging matter lay with the state government as it was a law and order issue, according to the transcript of the interview provided by the broadcaster.

Is This Right Time To Buy A Home?

Is This Right Time To Buy A Home?

Rediff.com18 Oct 2024

For those looking for more affordable options, purchasing an under-construction property could be a smart move, as these generally cost less than ready-to-move-in properties.

Direct tax collection up 12.33% in Apr-Dec at Rs 4.81 lakh crore

Direct tax collection up 12.33% in Apr-Dec at Rs 4.81 lakh crore

Rediff.com6 Jan 2014

Direct tax collections totalled Rs 4.29 lakh crore (Rs 4.29 trillion) during the April-December period in 2012-13.

'Markets Never Expected Coalition Govt'

'Markets Never Expected Coalition Govt'

Rediff.com5 Jun 2024

'Till the time you have the equations right the market will remain concerned.' 'If the (coalition) government is taken care of, then probably (the markets will) come back to its rhythm.'

Rahul woos farmers with loan waiver if Cong voted to power

Rahul woos farmers with loan waiver if Cong voted to power

Rediff.com13 Apr 2024

Gandhi said farmers asked him during his Bharat Jodo and Bharat Jodo Nyay yatras about why they were not getting the benefit of loan waivers like billionaire industrialists or MSP (minimum support price) for farm produce.

Ambani unveils growth roadmap for Reliance

Ambani unveils growth roadmap for Reliance

Rediff.com29 Aug 2024

Billionaire Mukesh Ambani on Thursday unveiled the next phase of growth at Reliance Industries Ltd, with retail and telecom worth over $100 billion each, doubling revenues and pre-tax profit in 3-4 years, new energy business becoming profitable by 2031, and core oil and chemical business continuing to be the robust growth engine. The sprawling conglomerate with interests in refining, oil and gas, petrochemicals, telecom, retail, and media is on track to more than double in size before the end of the decade, Ambani, chairman and managing director of Reliance, told company shareholders.

Want To Gift Investment?

Want To Gift Investment?

Rediff.com8 Apr 2024

If the gift is received from a relative, there is no tax implication. But if the gift is received from a non-relative and exceeds Rs 50,000 in value during a financial year, the entire value of the gift is taxable.

PSUs are biggest wealth destroyers in last 6 years: MF veterans

PSUs are biggest wealth destroyers in last 6 years: MF veterans

Rediff.com14 Sep 2020

The government has been pressing citizens to pay taxes and be compliant, but they have very little to show regarding improved efficiencies in the companies they themselves own, the fund managers said.

Crypto industry sees exits ahead of new tax regime

Crypto industry sees exits ahead of new tax regime

Rediff.com4 Apr 2022

With days to go before the new tax regime around crypto assets kicks in, several investors are reportedly either booking profits, rejigging their portfolios or moving their crypto assets to their private wallets outside of India. Starting April, gains from trading in crypto and other virtual assets like non-fungible tokens (NFTs) will be taxed at a flat 30 per cent, as announced in the Union Budget. And, 1 per cent of tax will be deducted at source (TDS) on every transaction involving crypto and other virtual assets. The new tax regime also bars investors from offsetting losses from one crypto asset (such as Bitcoin) against gains from another (say, Ethereum).

7 tips to SAVE MORE TAX in 2021

7 tips to SAVE MORE TAX in 2021

Rediff.com3 Mar 2021

Plan these investments well rather than just doing random investments at the beginning of the year or rushing in at the end, advises Harshad Chetanwala, co-founder, MyWealthGrowth.

When And How To Withdraw Your NPS Funds

When And How To Withdraw Your NPS Funds

Rediff.com23 Jul 2024

Ramalingam Kalirajan dives into the specifics of NPS withdrawal rules to help you understand the conditions under which and when partial withdrawals are allowed.

'Is money received for COVID treatment tax-free?'

'Is money received for COVID treatment tax-free?'

Rediff.com25 Nov 2021

Anil Rego, CEO, Right Horizons, answers your personal income tax queries.

Like Abhimanyu, India trapped in BJP's 'chakravyuh': Rahul

Like Abhimanyu, India trapped in BJP's 'chakravyuh': Rahul

Rediff.com29 Jul 2024

Using the Mahabharat reference as a leitmotif, Leader of Opposition in the Lok Sabha Rahul Gandhi on Monday claimed that an atmosphere of fear prevails all around with a group of six trapping the entire country in a 'chakravyuh' he promised would be broken by the INDIA bloc.

5 investment schemes to save tax

5 investment schemes to save tax

Rediff.com25 Mar 2019

Tax-saving investments should not be made with the sole purpose of saving tax, but should also help an individual grow his wealth, suggests Archit Gupta, founder and CEO, ClearTax.

Sizzling Suzlon may rake in more moolah

Sizzling Suzlon may rake in more moolah

Rediff.com24 Aug 2024

Once declared a dud stock, Suzlon has generated stellar returns for investors thus far this calendar year. On a year-to-date (YTD) basis, Suzlon's share price has doubled investor wealth by soaring 109.35 per cent on the bourses. By comparison, the benchmark BSE Sensex has gained just 11.2 per cent.

How To Invest Globally?

How To Invest Globally?

Rediff.com29 Apr 2024

'Investing abroad helps mitigate currency risk for foreign-currency denominated goals, such as children's higher education and international travel.'

What Is A Retirement Fund?

What Is A Retirement Fund?

Rediff.com20 May 2024

A retirement fund can be helpful for all age groups, but ideally one should start investing early to beat market swings and gain from compounding.

Looking For Regular Cash Stream?

Looking For Regular Cash Stream?

Rediff.com6 Nov 2023

Investors looking for a fixed-income product that is free of credit risk may invest in these bonds.

'I've Rs 20L FD. How To Invest in MFs?'

'I've Rs 20L FD. How To Invest in MFs?'

Rediff.com28 May 2024

rediffGURU Ramalingam Kalirajan answers your personal finance queries.

7.75% bonds will open for subscription on Jan 10

7.75% bonds will open for subscription on Jan 10

Rediff.com4 Jan 2018

"7.75 per cent savings bonds scheme notified. Would replace 8 per cent scheme. Will be effective from 10th January. This sequenced notifications and gap of a week was necessary to avoid overlap in cheques realisations," Economic Affairs Secretary S C Garg said in a tweet.

Modi on how to track undeclared wealth

Modi on how to track undeclared wealth

Rediff.com1 Sep 2017

Modi said officers must fix clear targets to improve the country's tax administration by 2022, the 75th anniversary of Independence.

Ratan Tata, Dreamer And Ideas Executor

Ratan Tata, Dreamer And Ideas Executor

Rediff.com26 Oct 2024

There were certainly qualities adhering to the Tata Group, which emanated from the persona of Ratan Tata. Most notable of these would be the low profile he maintained, which sharply contrasted the in-your-face celebrity status, celebration of wealth and pursuit of importance many of liberalised India's rich, love, notes Shyam G Menon.

How the government plans to simplify the tax system

How the government plans to simplify the tax system

Rediff.com25 Jan 2016

The Tax Administration Reform Commission submitted report to Jaitley in June 2014.

'Take A Staggered Approach To Investing In Smallcaps'

'Take A Staggered Approach To Investing In Smallcaps'

Rediff.com11 Apr 2024

'Exposure to small and midcap stocks exceeded desired levels in many portfolios, prompting rebalancing.'

'MF Guru: Suggest a portfolio for wealth creation'

'MF Guru: Suggest a portfolio for wealth creation'

Rediff.com6 Dec 2022

Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.

How To Align Your Portfolio This Year

How To Align Your Portfolio This Year

Rediff.com23 Jan 2024

The bulk of an investor's portfolio should be in shorter-duration funds of up to one year portfolio duration.

'Can I create Rs 10 crore corpus by 35?'

'Can I create Rs 10 crore corpus by 35?'

Rediff.com1 Feb 2024

rediffGURU Ulhas Joshi answers readers' mutual fund queries

Will Or Gift Deed? What's Better To Transfer Assets To Next Generation?

Will Or Gift Deed? What's Better To Transfer Assets To Next Generation?

Rediff.com22 Dec 2023

'Planning for the transfer of assets to the next generation is an important aspect of financial and estate planning.'

Sitharaman's pre-election budget shuns populism, boosts infra spend

Sitharaman's pre-election budget shuns populism, boosts infra spend

Rediff.com1 Feb 2024

Finance Minister Nirmala Sitharaman on Thursday announced a Rs 11.11 lakh crore spending on infrastructure and vowed to continue reforms as she resisted resorting to populist measures in Modi government's last Budget before general elections, instead choosing to stay on the path of cutting deficit while bolstering measures for focus groups.

Want To Know Where To Invest? Read This

Want To Know Where To Invest? Read This

Rediff.com18 Apr 2024

A portfolio can be rebalanced by either selling a portion of the outperforming asset class or by buying more of the underperforming asset class.

Indians' average wealth soars 400% in 2005-15

Indians' average wealth soars 400% in 2005-15

Rediff.com10 May 2016

This compares poorly to other developed markets as the average wealth of a person in Australia has increased by over 100 per cent and in Canada by over 50 per cent in the same period.

'How to compare MFs?'

'How to compare MFs?'

Rediff.com25 Oct 2023

rediffGURU Ulhas Joshi recommends five factors you need to look at to evaluate the performance of two schemes.

Ultra-rich must declare cost price of expensive assets: CBDT

Ultra-rich must declare cost price of expensive assets: CBDT

Rediff.com4 May 2016

The assessee will also have to declare whether such items and their value were disclosed at the time of filing wealth tax returns earlier.

Indian wealth managers rush in as foreign players exit

Indian wealth managers rush in as foreign players exit

Rediff.com25 Feb 2016

Experts say a lot of new wealth is being generated by promoters selling their stake.

How To Make A Successful Retirement Plan

How To Make A Successful Retirement Plan

Rediff.com17 Jul 2024

Follow these simple steps if you want to create a solid retirement corpus and retire young, says Anamika Pareek.

Sam Pitroda quits as Cong's overseas chief after row over remarks

Sam Pitroda quits as Cong's overseas chief after row over remarks

Rediff.com8 May 2024

Congress general secretary Jairam Ramesh said on X that party chief Mallikarjun Kharge has accepted Pitroda's decision.