News for 'Wealth Tax'

'2 to 3 years for economy to recover'

'2 to 3 years for economy to recover'

Rediff.com4 Feb 2020

'It was like a doctor giving some simple pain killers to a patient in dire requirement of chemotherapy.' 'There was no sense of urgency or desperation in this particular Budget.'

MF GURU: 'I want to make Rs 5 cr in 15 years'

MF GURU: 'I want to make Rs 5 cr in 15 years'

Rediff.com15 Sep 2022

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

Ask Anil: Of debt MFs and loss on gifted shares

Ask Anil: Of debt MFs and loss on gifted shares

Rediff.com15 Jul 2021

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

Stocks crash: Investors become poorer by Rs 4.6 lakh cr

Stocks crash: Investors become poorer by Rs 4.6 lakh cr

Rediff.com3 Feb 2018

Among the 30-share basket, 27 stocks led by Bajaj Auto and Bharti Airtel ended with losses.

Reading the signals from the TN tax raids

Reading the signals from the TN tax raids

Rediff.com22 Dec 2016

In private, AIADMK spokespersons say that the raid on Chief Secretary P Ramamohana Rao might be aimed at weakening the AIADMK, and demotivating the party from selecting/electing Jayalalithaa's confidante, Sasikala Natarajan, as her successor -- first as party head then possibly in the government, says N Sathiya Moorthy.

Gandhis detained as Cong holds massive protests against inflation

Gandhis detained as Cong holds massive protests against inflation

Rediff.com5 Aug 2022

Wearing black clothes, Congress leaders hit the streets on Friday to protest against price rise and unemployment with a host of them, including Rahul Gandhi and Priyanka Gandhi Vadra, being detained by police amid dramatic standoffs outside Parliament and the All India Congress Committee headquarters in New Delhi.

Looking for investment advice? Try out algorithm-based counselling

Looking for investment advice? Try out algorithm-based counselling

Rediff.com4 Apr 2019

Physical advisors have been receiving tough competition from algorithm-based investment counselling and robo-advisories.

How To Build A Rs 5 Crore Corpus In 15 Years

How To Build A Rs 5 Crore Corpus In 15 Years

Rediff.com18 Feb 2022

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

Highlights of Economic Survey 2019-20

Highlights of Economic Survey 2019-20

Rediff.com31 Jan 2020

Uptick in growth projected in second half of current fiscal based on 10 factors including higher FDI flows, build up of demand pressure, positive GST revenue growth

A Budget with sense and sensibility

A Budget with sense and sensibility

Rediff.com18 Mar 2015

To begin, the Budget has no doubt attempted to address uncertainty.

Battle lines in Indian politics have been drawn

Battle lines in Indian politics have been drawn

Rediff.com3 Mar 2021

Not all change is good, but this one is, applauds Shekhar Gupta.

Should you sell your ELSS after the 3-year lock-in is over?

Should you sell your ELSS after the 3-year lock-in is over?

Rediff.com9 Feb 2017

After the lock-in, ELSS investments should be en-cashed only when an important financial goal has arrived or there is a medical or other financial emergency in the family, says Anil Chopra -- Group CEO & Director, Bajaj Capital.

MF Guru: 'I want to invest Rs 500 pm in MFs every month'

MF Guru: 'I want to invest Rs 500 pm in MFs every month'

Rediff.com13 May 2022

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

Credit Suisse cuts nominal growth forecast

Credit Suisse cuts nominal growth forecast

Rediff.com20 May 2021

Citing the impact of the second wave of the pandemic over the economy and consumer sentiment, Swiss brokerage Credit Suisse has lowered its nominal GDP growth forecast by 150-300 bps to 13-14 per cent, but expects a stronger recovery in the second half as it sees the lockdowns having limited impact on tax collections. Last month, Neelkanth Mishra, the co-head of equity strategy for Credit Suisse Asia Pacific, and India equity strategist, had told PTI that he expected the real GDP to fall to 8.5-9 per cent in FY22 due to the more severe pandemic attack. The virus case load has crossed the 25-million mark, death toll from the same is nearing 2.9 lakh mark, which is one of the highest in the world as the test positivity rate has been around 15 per cent for long.

Momentum of economic reforms will continue: Sitharaman

Momentum of economic reforms will continue: Sitharaman

Rediff.com23 Nov 2020

Finance Minister Nirmala Sitharaman on Monday assured the industry that momentum of economic reforms will continue to make India a hotspot of global investment. India has turned the crisis created by COVID-19 pandemic into an opportunity to push the economic reforms, which remained pending for decades, she said while addressing the National MNC's Conference 2020 organised by industry chamber CII.

Is any change in my portfolio required?

Is any change in my portfolio required?

Rediff.com15 Jun 2022

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

Sensex at 52k. Time for profit-booking

Sensex at 52k. Time for profit-booking

Rediff.com16 Feb 2021

'Do some profit booking and bring your equity allocation back to its original level.'

Don't DELAY Retirement Planning

Don't DELAY Retirement Planning

Rediff.com23 Nov 2021

In India, younger workers willing to work at lower salaries are easily available, so you could find yourself out of a job before 60. Therefore, save for retirement with urgency, advises Sanjay Kumar Singh.

What makes PPF a smarter investment than its peers?

What makes PPF a smarter investment than its peers?

Rediff.com13 Mar 2014

Investors must remember that only resident Indians can open a PPF account and a person can have only one PPF account.

MFs To Help Achieve Your Family Goals

MFs To Help Achieve Your Family Goals

Rediff.com15 Feb 2022

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

Govt should come down hard on cronies, says Mohandas Pai

Govt should come down hard on cronies, says Mohandas Pai

Rediff.com2 Mar 2015

Mohandas Pai took part in an hour-long chat on rediff.com

Why are govts out to de-fang FAANG?

Why are govts out to de-fang FAANG?

Rediff.com8 Jan 2021

So far, there seems to be limited debate about their activities in India, where virtually all FAANG companies have teamed up in different ways with India's most powerful businessman, observes T N Ninan.

Budget: The joke's on the middle class

Budget: The joke's on the middle class

Rediff.com16 Jul 2019

'That Modi and the BJP can continue to treat the rising and expanding middle class this way shows that they have gamed its mind quite perfectly,' argues Shekhar Gupta.

'I am bullish on India'

'I am bullish on India'

Rediff.com11 Feb 2022

'India has many attractive features for the long-term investor; it combines: A low per capita income, a young population, and a heavier presence of high margin, asset-light firms in the technology sector.'

'No policy to encourage household saving in Budget'

'No policy to encourage household saving in Budget'

Rediff.com18 Jul 2019

'The household sector, which is still the largest contributor of financial savings, has been experiencing a decline in the last six years, and it has fallen below 8% of GDP.'

'Declare overseas assets, will be difficult to hide'

'Declare overseas assets, will be difficult to hide'

Rediff.com10 Jul 2015

Armed with automatic information exchange pact with the US, government on Thursday asked persons holding undisclosed offshore assets to declare them before September 30 as it would be difficult to hide unaccounted assets in future.

Want to invest in start-ups? Here's how

Want to invest in start-ups? Here's how

Rediff.com26 Jun 2019

Investing in start-ups can be highly rewarding, but direct investing is not meant for everyone. For the majority of wealthy investors, taking the private-equity route could still be the better option.

India received $20 bn in FDI during pandemic: FS Shringla

India received $20 bn in FDI during pandemic: FS Shringla

Rediff.com15 Sep 2020

India has received over USD 20 billion in FDI amid the coronavirus pandemic, Foreign Secretary Harsh Vardhan Shringla said on Tuesday, showcasing the country as one of the most attractive destinations for investment globally.

Modi's fight against black money gets a fillip

Modi's fight against black money gets a fillip

Rediff.com9 Oct 2020

India has got the second set of Swiss bank account details of its nationals and entities under the automatic exchange of information pact with Switzerland, marking a key milestone in the government's fight against black money allegedly stashed abroad.

3 secret tips to minimise investment, maximise returns

3 secret tips to minimise investment, maximise returns

Rediff.com27 Jun 2019

Most investment costs are bundled in with the financial product, and are often hidden in fine print, warns Erik Hon.

Will Congress & BJP defend the honour of Rajiv Gandhi?

Will Congress & BJP defend the honour of Rajiv Gandhi?

Rediff.com25 Jun 2012

Are the political parties in India fooling us on the issue of illicit wealth parked abroad by winking at the obvious.

Weakening Rupee? How To Neutralise Impact

Weakening Rupee? How To Neutralise Impact

Rediff.com17 May 2022

Having exposure to international funds and gold is a must for those who have foreign currency-denominated goals.

'I want to make Rs 1 crore in 17 yrs'

'I want to make Rs 1 crore in 17 yrs'

Rediff.com7 Jan 2022

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

Start-up Inc urges policy push, focus on smaller towns for sector's growth

Start-up Inc urges policy push, focus on smaller towns for sector's growth

Rediff.com17 Jan 2022

While welcoming Prime Minister Narendra Modi's announcement on Saturday to celebrate January 16 as National Start-up Day, six years after the Start-up India Action Plan was launched by the government, stakeholders in the ecosystem say that more needs to be done at the policy level to unleash the next phase of growth in the sector. "The Start-up India programme's launch in 2016 was a turning point - that is when the promoter came to be known as the founder in the country and the word 'entrepreneur' entered the common lexicon. "But now we need a Start-up India 2.0 now for the next phase of growth of the ecosystem", said Siddarth Pai, managing partner of venture capital (VC) firm 3one4 Capital. Pai says that Startup India 2.0 must look at promoting Startups headquartered in tier II,III & IV cities and solving the problems of Bharat.

This mutual fund can make your parents rich

This mutual fund can make your parents rich

Rediff.com25 May 2017

UTI Mutual Fund has launched UTI-FAMILY (that allows investors to buy mutual fund units in their name, but the returns go straight to a parent's bank account.

900,000 accounts under Operation Clean Money 'doubtful'

900,000 accounts under Operation Clean Money 'doubtful'

Rediff.com16 Feb 2017

Under 'Operation Clean Money', the I-T department had sent SMS and e-mails to 18 lakh people

10 Reasons Startups Fail

10 Reasons Startups Fail

Rediff.com4 Jul 2022

What is your USP?
Why should your customers come to only you and nobody else? What particular problem are you solving? Solve these puzzles before launching a stat up suggests Rajiv Talreja.

MFs: When is it okay to pull money out?

MFs: When is it okay to pull money out?

Rediff.com30 Dec 2020

Many investors, who have made money in the rising market of the recent past, are pulling out of equity funds, believing that they can earn more by investing directly.

FinMin declines to share Swiss bank accounts details

FinMin declines to share Swiss bank accounts details

Rediff.com23 Dec 2019

India is among 75 countries with which Switzerland's Federal Tax Administration has exchanged information on financial accounts within the framework of global standards on Automatic Exchange of Information.

I-T department to probe 300 cases under Benami Act

I-T department to probe 300 cases under Benami Act

Rediff.com11 May 2017

PMO asked income-tax department to submit report on action taken against identified benami owners