Long-term investors should never stop their SIPs during market corrections.
To provide similar extended time limit for payment of tax deducted from payments made to non-residents, it is proposed that the deductor shall be allowed to claim deduction for payments made to non-residents in the previous year of payment.
Systematic Withdrawal Plan, or SWP, can help you achieve your financial goals. Ramalingam Kalirajan's step-by-step guide on how to effectively use an SWP.
Sentiments may get impacted as mutual funds have been gaining traction among investors as route to invest in stock markets
'Tax officials view most taxpayers as evaders.' 'The I-T department has a perverse incentive to raise unreasonable demands since the one-fifth tax collected counts towards officials' collection targets,' observes Harsh Roongta.
'TMFs trump FMPs and FDs when it comes to investing in a high-duration product.'
Retail investors planning to 'return' to the stock markets, may want to evaluate mutual funds a little more objectively.
A year after the RG Kar rape-murder Swarupa Dutt/Rediff look at the city where it happened, Kolkata -- its study in dichotomy, at once the self-proclaimed cultural capital of India as also a petri dish for a peculiar rage that breeds crimes against women.
'If the portfolio growth rate is higher, take this loan. If it is lower, liquidate your investments.'
Novice investors must understand that volatility is an inherent part of equity markets and learn to navigate through such phases.
This may benefit high net-worth individuals who use the services of portfolio managers to sell and buy securities.
'Gold prices thrive on volatility and more so when the stock markets trend downward.'
Fundraising momentum is expected to accelerate further in the New Year, potentially surpassing 2024's record figures
The disqualification of wrestler Vinesh Phogat in the Olympics after being found overweight before the final bout also saw the government and Opposition come to blows in Parliament.
Most of these alleged tax evaders hail from Kolkata, Mumbai, Ahmedabad, Surat, and Delhi.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Understand the pros and cons of SGBs before rushing to invest in them based on past returns.
For investors who missed the initial IPO frenzy, the market correction is an opportunity to selectively invest in promising names, but patience and careful evaluation remain the key.
Ramalingam Kalirajan explains the pros and cons of both investment types.
'The only good thing is people will not be required to maintain their medical bills and invest time in that.'
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.
'If you are investing in a Ulip for returns, go for a type I Ulip.' 'If you are investing for insurance cover as well, type II is better.'
Among the 30-share basket, 27 stocks led by Bajaj Auto and Bharti Airtel ended with losses.
Following alterations in the tax structure, mutual fund (MF) schemes that invest in overseas securities have experienced a sharp decline in inflows. In the first five months of 2023-24 (FY24), international MF schemes have received an average monthly gross inflow of only Rs 270 crore, compared to Rs 490 crore during the same period in the previous year. This decline persists despite nearly all fund houses opening subscriptions for such schemes, with higher redemptions creating headroom for fresh investments.
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) will answer your personal finance-related questions.
Tendering the shares in an open offer will lead to higher taxation.
the largest transactions of the year include the merger of Quality Care India and Aster DM Healthcare valued at $5.08 billion, followed by Bharti Enterprises' acquisition of a 24.5 per cent stake in the BT Group at $4.08 billion, and a family settlement transaction in the Godrej family at $3.5 billion.
Shares of Tata Consultancy Services (TCS), the country's largest IT services provider, continue to remain under pressure, hitting a new eight-month low of Rs 3,624.90 intraday on Tuesday before closing at Rs 3,631, down 1.19 per cent. In the past two trading sessions, the stock price has declined 4 per cent on fears of a slowing US economy.
'For the same level of return, you can reduce portfolio volatility significantly with a 10% to 15% exposure to international funds.'
Get Ahead Tax expert Mahesh Padmanabhan on short term and long term capital gain tax issues arising out of selling your old home and buying a new home.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
Section 54 EC, if availed properly can bring several benefits for the taxpayer.
Here are some calculations where we use the basic tax rate on these investments excluding education cess for better understanding
Anticipating US action on tariffs, India seems to have made the first move by revamping its tariff structure by reducing the slabs to eight rates, points out Mukesh Butani.
Questions on the efficacy of the government's drive towards filing of more returns by individuals and on whether raising tax exemption levels has led to reduced compliance in filing of returns by those who go out of the tax net, says A K Bhattacharya.
Tax department sends notices saying they are liable to pay MAT.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.