Avoid investing in a new ELSS scheme each year. Stick to one well-chosen scheme to avoid clutter in your portfolio.
'The assumed linear correlation between forced lower yields, higher bank borrowing from the RBI, higher lending, and higher growth involves leaps of faith, each a step on the quicksand of false beliefs,' warns Debashis Basu.
Earning returns from an asset lying idle can be a good option in times of volatility.
At the heart of Paytm's slide lies the abject failure of its Super App strategy, notes Indrajit Gupta.
With the merger between HDFC Bank and HDFC Ltd complete, analysts said the next key monitorable for the Street would be successful resolution of merger-related hiccups, including employee-related churn and roll out of complete banking services across branches. At the bourses, they expect the stock to perform in-line with the benchmark indices in the near-term. "There's usually an initial period of consolidation after a merger as the entities work towards integration.
'Many non-resident taxpayers faced issues in filing Form 10F since the portal didn't allow those who didn't have PAN to file the form.'
When looking for alternatives, consider several parameters -- your investment horizon and liquidity requirement, post-tax returns, and risk.
Budget could well determine if Achche Din will materialise
'The rate of interest from the EPF is still attractive compared to the rates on fixed deposits, National Savings Scheme, Public Provident Fund...'
The PM has assets worth Rs 2.5 crore including a residential plot in Gujarat's Gandhinagar, fixed deposits of Rs 1.27 crore and Rs 38,750 cash in hand.
The Delhi high court has permitted Bollywood actress Jacqueline Fernandez, against whom a lookout notice was issued by the Enforcement Directorate in connection with an alleged money laundering case, to travel abroad for IIFA awards subject to certain conditions.
State-owned Bank of Baroda on Monday said actor Sunny Deol has offered to settle the dues related to his bungalow in Mumbai.
Overall, small savings have amassed Rs 1.17 trillion from April-September - 26 per cent more than the previous year. But in those six months, the economy lost 24 per cent in the first three months, and is slated to lose 10 per cent in the second quarter.
Golden tips for investors post Brexit from Feroze Aziz, Deputy CEO, Anand Rathi Financial Services.
The price of bitcoin, the bestselling cryptocurrency, has shrunk nearly three times this year to mark the fate of such digital assets. Crashing prices, regulatory uncertainty and taxes have put Indian crypto exchanges in troubled waters. Finance Minister Nirmala Sitharaman's budget for FY23 announced a 30 per cent tax on any income from the transfer of virtual digital assets.
In August, the Supreme Court had said that the total amount should be deposited within 3 months with its Registry, pending the outcome of the appeal filed by the DLF against the May 19 order of Competition Appellate Tribunal's upholding the penalty imposed by CCI.
'People trust India and Indians a lot more than they trust China and the Chinese.'
Retirees must also try and purchase a senior citizens' policy, despite steep premiums.
A lookout notice has been issued against industrialist Yash Birla in connection with a cheating case registered against his firm Birla Power Solutions, police said.
If you plan to invest in an FD, go for the 12-15-month tenure. This will allow you to redeploy maturity proceeds at higher rates (if rates rise), advises Sarbajeet K Sen.
The market players were expecting that if long-term gains are taxed, the STT would go. But this has not happened, says Debashis Basu.
SBI introduced this products three months after the Reserve Bank issued guidelines allowing minors over 10 years to operate bank savings accounts independently and use facilities such as automated teller machines and cheque books.
The Maharashtra cabinet on Thursday cleared a proposal that offers an option of availing the Old Pension Scheme (OPS) to the state government employees who joined the service after November 2005.
If new goals have emerged, this is the time to make fresh investments.
FM may increase income-tax exemption limit to Rs 3 lakh
These schemes are a good choice for investors contemplating a large investment in equity funds. Instead of investing all the money in one go, they can do so in a staggered manner by parking it in these schemes and then transferring it to equity mutual funds through a systematic transfer plan.
The number of ultra rich falls to 2.56 lakh in 2018 from 2.63 lakh. As much as Rs 262 lakh crore of the wealth possessed by the high networth individuals are in the form of financial assets, while the rest are parked in physical assets.
Deposition of persons claiming to be 'directly affected' by alleged phone-tapping using Pegasus software will commence from December 13 before a two-man commission of inquiry set up by the Mamata Banerjee government, one of its constituents Justice (retd) Jyotirmoy Bhattacharya said on Thursday.
The 36-year-old actor has been questioned two-three times by the agency in the said case earlier.
Investors should consider debt mutual funds, banks fixed deposits or high-rated corporate debt instruments.
Loan rates will change at the next reset, while deposit rates will continue till maturity.
Did you know that an individual can, in addition to the tax benefits she/he is entitled to, also leverage the benefits available to family members to reduce this liability?
Young left-arm spinner Harmeet Singh has told the Board of Control for Cricket in India that he personally had no knowledge whether his three Rajasthan Royals' teammates who are implicated in the IPL spot-fixing scandal had any intention of wrongdoing.
The Delhi High Court Tuesday restrained the Enforcement Directorate from taking any further action pursuant to the attachment of Amnesty International India's funds in connection with a money laundering case.
Noted banker Uday Kotak said the country's financial system is currently in a Darwinian mode as only the fittest lenders are able to survive. Kotak also said that historically, whenever there has been a problem with a private sector lender, it has been merged with a state-run bank.
The Supreme Court Friday assured the home buyers of the to-be-razed 40-storey twin-towers of real estate firm Supertech in Noida that they will be refunded the full amount deposited with the builder. The apex court also asked the Interim Resolution Professional (IRP) of the firm, facing insolvency proceedings, to deposit Rs one crore with the apex court registry. The Supertech's 40-storey twin towers at Emerald Court Project of Sector 93A of Noida are scheduled to be razed on August 28.
According to experts, 'Lakshmi' and the logo 'Godesses Lakshmi' have a lot of value in India and are the biggest driver for the Bank. Retaining the Lakshmi name and logo will help DBS.
The Delhi high court on Wednesday allowed Greenpeace India to use two of its accounts for the purpose of receiving and utilising fresh domestic donations for its day-to-day functioning.
