rediffGURU Samkit Maniar answers readers' personal income tax queries.
Stock exchanges have intensified vigil on Small and Medium Enterprise (SME) listings by mandating more comprehensive financial disclosures and enhanced monitoring of utilisation of issue proceeds from investment bankers, amid rising instances of dubious practices. Bourses - responsible for vetting initial public offering (IPO) documents and granting approvals to SMEs - have tightened norms in recent weeks with further measures planned for new filings to safeguard investor interests, sources said.
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.
'Over the next 12 months, it will be difficult to make 15 to 20 per cent return in the markets as the valuations appear stretched.'
Using mantras from the Bhagavad Gita, Vatsal Ramaiya explains how you can conquer your home loan debt and unlock a world of financial freedom and peace of mind.
Maintain a proper record of documents that can act as proof of the cost of acquisition of the property, cost of improvements made to the property, expenses related to transfer of the property (like brokerage and registration charges). These will come in handy in case of a dispute with the taxman.
With Delhi Chief Minister Arvind Kejriwal having been sent to judicial custody till April 15 by a city court in connection with the excise policy case, buzz over his replacement intensified even as his party leaders asserted that he will continue to head the government no matter how long he stays in jail.
'If an individual makes significant financial investments, she should stick to the old regime.' 'If the individual prefers straightforward computation without any tax benefits, the new regime would be suitable.'
Even though the NIA claims that more than 90 per cent of cases charge-sheeted have ended in conviction, the figure is likely misleading. To date, very few cases investigated by the NIA have resulted in a completed trial, points out former CBI joint director Navneet Rajan Wasan.
'The committee has been constituted. Different government departments and FSDC members are part of it.'
What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister and finance minister, he understood the importance of gradualism, except when the economy or the polity was in a crisis.
Follow this 15 x 15 x 15 rule to become a crorepati without taking big risks. Ramalingam Kalirajan explains how
The Governor has no discretion and at best he can confer with the chief minister for change of date to hold the session.
'Expectations are high regarding the change in LTCG with respect to equity investments.'
'Many do not have robust business models, and their prospects of survival and long-term growth are poor.'
Former Nepalese foreign minister Ramesh Nath Pandey observed that the current situation is not encouraging for India-Nepal ties, saying the "present leaders" created irritants in the relationship in the past.
rediffGURU Samkit Maniar answers readers' personal income tax queries.
'The jurisprudence of a modern secular State has to be strictly rational.' 'Rather than aastha and aqeedah, our jurisprudence as well as the executive and legislature have to act in accordance with Constitutional rationality,' argues Mohammad Sajjad.
State school education minister Anbil Mahesh Poyyamozhi assured that action will be taken against the speaker for his controversial speech at a government school in Chennai.
The film has nothing objectionable or derogatory, the court said after watching it, and allowed its release on streaming platform Netflix.
'The adjustments (of tax slabs and standard deduction) will reduce the tax burden for salaried individuals with an income of around Rs 20 lakh by approximately Rs 18,000.' 'For non-salaried individuals with the same income level, the savings will be around Rs 10,000.'
Trying to give the best support to Indian contingent but still being criticised: IOA chief PT Usha
IPOs inherently carry more risks than stocks that have been listed on the exchanges for some time.
Many senior citizens 'underestimate the impact of inflation, taxation, health-related expenses, and the heavy premium they will have to pay on health insurance.'
The ministry said the high powered committee for Ladakh headed by Minister of State for Home Nityanand Rai has been working actively with representatives of the ABL and the KDA and significant progress has been made.
'If you see another 1000-point correction, people may start panicking.'
An aggressive rate hike by the US Fed and the possibility of a recession can trigger a slide in these stocks, which will be a good opportunity to buy from a long-term perspective.
The respondents were from over 22 states with 85 percent of them being under 35 years while 61 percent were interns or postgraduate trainees.
The much-awaited report of the Justice Hema Committee, the government-appointed panel in 2019 that studied issues faced by women in the Malayalam film industry, comprises explosive accounts of harassment, exploitation, and ill-treatment being faced by women.
Existing trade deals, especially the 2009 pact with the Asean bloc, have been panned by the Centre for not boosting exports but flooding the domestic market with cheap imports. Subsequently, New Delhi has called for reviewing FTAs with Japan and South Korea. Going by that, a trade deal with the US is unlikely to be beneficial, say experts.
The ruling DMK in Tamil Nadu had begun seeing Governor Ravi's decisions and actions as a part of the state BJP's non-stop criticism of its government and directed from Delhi, a view strengthened by the governor's decision to return the NEET exemption bill, points out N Sathiya Moorthy.
'It was specifically mentioned in the Gadgil Committee report that this particular area where the colossal landside happened now should be in the Environmentally Sensitive Area under Zone 1.' 'Zone 1 is the most important and ecologically sensitive area, and that it has to be protected entirely.' 'At least 90% of the Wayanad disaster is man-made.'
Investors with a long-term horizon and high-risk appetite seeking capital appreciation can consider investing in ELSS.
Lok Sabha secretariat has sought an opinion from the Union law ministry whether the constitution needs to be amended to form a new state. Vicky Nanjappa reports
Stating that an investigation team will work under the full supervision of the United Nations to ensure complete transparency and impartiality, he said, "None of the outgoing government involved in the murder will be exempted."
The MNS chief started his speech with the name of Nehru, then paused. After a few tense seconds, he resumed: "After Nehru, here is the only politician who will be PM for the third term."
"We have reached a conclusion that river Saraswati existed, it flowed. It originated in the Himalayas and met gulf at the western sea," Professor K S Valdiya, who led the panel, said while handing over the report to the government.
The ministry of information and broadcasting (I&B) on Wednesday held an inter-ministerial meeting with various departments to discuss issues regarding revenue sharing between Big Tech companies and digital news publishers, according to sources. The meeting - chaired by I&B Secretary Sanjay Jaju - invited senior officials from the ministry of corporate affairs (MCA), Competition Commission of India (CCI), ministry of electronics and information technology (Meity) and departments of promotion of industry and internal trade, legal affairs and consumer affairs.
A 10-member panel to amend Egypt's Constitution met for the first time on Sunday amid political turmoil over the ouster of President Mohammed Morsi and rebuffed claims that it has devised ready-made amendments.
Most investors should have a 5% to 10% allocation to gold for diversification. They should stagger their investments to mitigate timing risk.
