Start 2017 with these five simple financial resolutions and you will put your family on solid ground financially, says D P Singh, executive director and chief marketing officer, SBI Mutual Fund.
'The first year of the Modi government's second term has laid the roadmap for the future and we will embark on it with gusto,' promises Gopal Krishna Agrawal, the BJP's national spokesperson on economic affairs.
Billionaire Mukesh Ambani on Friday backed the proposed data privacy and cryptocurrency bills, saying India is putting in place the most forward-looking policies and regulations. Ambani, who has been a votary of Indians owning and controlling their own data and the nation drafting strict rules around how digital information is stored and shared, said nations have the right to build and protect strategic digital infrastructure. Stating that data is the 'new oil', he said every citizen's right to privacy has to be safeguarded. "India is putting in place the most forward-looking policies and regulations," he said at the Infinity Forum, hosted by International Financial Services Centres Authority (IFSCA).
The top five recommended ELSS based on Fundsupermart.com's in-house research methodology.
The Special Investigation Team has suggested an upper limit of Rs 15 lakh on cash holding.
'On one side you have the farmers of India and on the other side are few corporate families.' 'Unfortunately, those holding the levers of power today are more sympathetic towards these corporate families and helping them benefit at the cost of poor farmers.'
The finance minister defended the change in the tax rates.
Overseas funds have been spooked by several policy measures taken by the government in the past few years
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Only 400 grams have been deposited so far.
Welcoming Baba Ramdev's campaign against black money, Nationalist Congress Party chief Sharad Pawar on Tuesday night said that the yoga guru's suggestions to tackle the menace were "pragmatic".
"The response (to the PMGKY) has not been so good...about Rs 5,000 crore of income was declared in PMGKY," Revenue Secretary Hasmukh Adhia said.
The abolition of wealth tax is again a welcome step.
Vodafone judgement has set the cat amongst the pigeons.
The compliance window is proposed to be open from June 1 to September 30, 2016 and the payment can be made within two months of declaration.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The prime minister touched upon many issues including scrapping of Article 370, triple talaq and many more.
India and Singapore had in 2013 amended the DTAA to help exchange banking and tax-related information more effectively.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
There are still bumps in the road ahead for Swiss banks.
The minister said any declaration made under the law will be protected
The a/c holder will have to mention the date of opening of foreign a/c.
Replying to a query, whether the government has made any assessment of black money stashed by Indians in foreign countries, Jaitley said there is no official estimation of that.
In the first of a three-part series Paranjoy Guha Thakurta details the salient features of the Undisclosed Foreign Income and Assets (Imposition of Tax) Act, 2015.
Retirees must also try and purchase a senior citizens' policy, despite steep premiums.
Corporate honchos from real estate sector to manufacturing to textile say the Budget does not have enough to help their sectors
Adjusted for inflation, the earlier scheme would have collected Rs 25,000 crore.
'Gloom is nowhere in sight, with healthy foreign exchange reserves, a strong rupee, healthy tax collections, corruption and crony capitalism under check,' argues Gopal Krishna Agrawal.
If someone does reduce his contribution, he should scale it back to the 12% level as soon as he can, suggests Sanjay Kumar Singh.
Salil Dhawan explains why you must invest early in life.
Tax administration could be improved to reduce discretion and improve accountability
Sources said Peerzada has been asked to come with all his financial documents to the taxman after the department took cognisance of recent media reports about his wealth being about Rs 3,000 crore (Rs 30 billion).
The tax department is working to ensure that there is no loophole in the compliance window.
'Gold could return 10% to 12% in the next two-three years.'
Syed Firdaus Ashraf lists 10 ways in his life has improved under the first Modi Sarkar.
The Finance Ministry is likely to exempt assesses from sharing details of company sponsored foreign trips in the revised Income Tax Return (ITR) forms.
The Porsche 911 RS is fast becoming a collector's item among India's high net worth individuals.
Maradona's inheritance process is likely to be a messy affair between his large family, with eight children from six different partners
Tehelka magazine said two years ago the German government had passed on the names and bank account details of 18 Indians who had invested their wealth in the LGT bank in Liechtenstein, a well-known tax haven.