Private equity investing can be rewarding, but an investor needs to be patient as exiting can be tricky and these assets do not provide instant liquidity.
A government can't just take away public money, and the RBI can't extinguish its liability. 'The RBI has to honour the value any time a person with legal and taxed money lays claim on the value.'
The centre's promise of a new deal for the states is a welcome development.
The larger amount of black money either goes into domestic real estate or bullion, or is round-tripped back into India anyway.
Market participants are hoping for a few tweaks on the taxation front which will encourage consumers and businesses to spend.
Investors across age groups and risk appetite can invest in these schemes.
Beginning with the bird's eye view of itself -- a narrow state of hills, rivers and high population density, in a tapering part of the Indian subcontinent. It can be a beautiful place shaped by aesthetic founded in appropriate lifestyle and progressive views, or a junkyard shaped by money and what money buys. The choice is Kerala's, notes Shyam G Menon.
Penalties for undisclosed foreign income and assets extend up to 300%.
Trump said America is "open to business" and competitive again.
Insurance firms have designed amazing retirment plans to lure more customers.
A Bill proposing to prosecute those stashing illicit wealth abroad with 10 year rigorous imprisonment is on cards.
The proposed measures aim to bring stricter norms to curb holding of illegal cash and mismanagement of unaccounted cash seized by the probe agencies during investigations.
India does not regard gold merely as an investment, it is also the preferred form of hoarding tax-evaded wealth.
Justice G Jayachandran disposed of the petitions filed by Bharathi and another one by the non-governmental organisation 'Arappor Iyakkam' represented by Jairam Venkatesh seeking a direction to the DVAC to probe the complaint. "...The inquiry has to be completed as expeditiously as possible...," the judge said.
It was found the declarants were persons of suspicious nature and very small means, and the declarations could have been misused.
Switzerland has been making efforts to strengthen its bilateral cooperation with India .
From a jute company to a paper mill to a pharma company, these companies seem to have turned around with their superb quarterly numbers, says Mudar Pathreya
Making his wealth public a day before stepping into the fray, Infosys co-founder and Congress candidate from Bangalore South, Nandan Nilekani has declared that he and his wife Rohini Nilekani have assets worth Rs 7,700 crore.
'If you ask India's finest business leaders, they now tell you -- in whispers, of course -- that the mood has never been so glum after 1991,' says Shekhar Gupta.
When an NRI returns to India, he should be aware of his tax residency status.
Your insurance policy is just not for saving tax. The bonus that accrues on your policy can also help you maximise your wealth.
Cricketer-turned-politician Imran Khan-led Pakistan Tehreek-i-Insaf's petition seeking Pakistan Prime Minister Nawaz Sharif's disqualification in connection with the 'Panama Papers' leaks has been sent to the Election Commission, the National Assembly Speaker said on Saturday.
'Part A of the Budget was like it was written by somebody from the 21st century and Part B was written by somebody from the 19th century.'
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Indian households put bulk of savings in bank deposits and insurance; the returns are minimal. If you're part of this, change.
Moody's has a 'positive' outlook on its 'Baa3' rating on India.
Want your savings to grow at one of the highest risk-free and tax-free rates? Go for a PPF account in your child's name.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The raid was carried out at a hotel in Karol Bagh in the national capital.
Another major development is REITs coming closer to reality
Despite the 3 per cent gain in September 2019, the FPI sell-off during the quarter has seen the benchmark indices - the S&P BSE Sensex and the Nifty 50 register negative returns in Q3CY19.
Moody's said the government will face challenges in achieving its deficit target for the fiscal year ending March 2021, amid persistent structural and cyclical headwinds to growth.
A 'trend analysis' has shown that the target base for the special exercise would not be very large.
With $120 billion worth of deals, 2018 was the best year on record. Many also blame frequent policy flip-flops and increasing tax scrutiny as big dampners for business.
Income Tax officials on Friday carried out simultaneous raids on the residences and offices of Malayalam superstars Mammootty and Mohanlal in Kerala, Tamil Nadu and Karnataka.
Income Tax officials on Friday carried out simultaneous raids on the residences and offices of Malayalam superstars Mammootty and Mohanlal in Kerala, Tamil Nadu and Karnataka.
Honest tax payers need not worry about the new black money law, says finance minister Arun Jaitley.
"Let people pay, but if they don't pay, go after them"
The Bharatiya Janata Party's prime ministerial candidate Narendra Modi today promised to review and reform of the taxation system in the country, saying the existing structure is a burden on common man.
The US president's remarks elicited laughter from the world leaders gathered in the UN General Assembly hall for the General Debate.
Those just starting their careers should avoid adding to their liabilities, especially if they already have an education loan. They should think hard before taking a car or home loan.
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