Tendering the shares in an open offer will lead to higher taxation.
Among the 30-share basket, 27 stocks led by Bajaj Auto and Bharti Airtel ended with losses.
'Gold prices thrive on volatility and more so when the stock markets trend downward.'
'Investors with foreign currency-denominated goals, such as foreign education or foreign travel, should go for US equity funds.'
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
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.
India's biggest telecom players, Bharti Airtel and Reliance Industries-backed Jio Platforms, will soon bring billionaire Elon Musk-led SpaceX's Starlink satellite services to India. According to analysts, the move could boost India's tele density, especially in the rural areas, and may be an opportunity for investors to add the two stocks on dips for long-term gains
'For the same level of return, you can reduce portfolio volatility significantly with a 10% to 15% exposure to international funds.'
Don't let panic ruin your wealth. Avoiding these mistakes can save you from HUGE losses, says Ramalingam Kalirajan
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.
'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.
Section 54 EC, if availed properly can bring several benefits for the taxpayer.
Returns of liquid funds are meant only for the short term and don't help investors create wealth over the long term, as equity funds do.
'If the portfolio growth rate is higher, take this loan. If it is lower, liquidate your investments.'
Here are some calculations where we use the basic tax rate on these investments excluding education cess for better understanding
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.
Clearly, some of the bullishness of the early days has gone missing. Ola's market share is slipping amid rising competition from incumbents like Bajaj Auto and TVS.
'Once filed, it cannot be revised or rectified.'
Understand the pros and cons of SGBs before rushing to invest in them based on past returns.
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.
The sale value of a property may be different for the investor and the government. The first thing to work out is the difference in tax treatment for long-term and short-term capital gains.
There are no major announcements in the Union Budget 2014-15.
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) will answer your personal finance-related questions.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Don't forget to ask for quarterly audited statement of transactions in your account. This will make it easier for you to calculate your tax liability and pay it on time.
Besides LTCG tax relief, permitting taxpayers to declare two houses as self-occupied brings a huge relief.
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 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.
Based on the holding period, the profit you make is liable to short-term or long-term capital gains tax, experts tell Tinesh Bhasin.
For the first time in the history of Budget-making in India, a single Budget will touch 65 crore Indians, says Shailesh Haribhakti.
Ramalingam Kalirajan explains the pros and cons of both investment types.
The proposed tax exemptions and benefits notwithstanding, these new investment instruments would still be 'revenue accretive' for the government in the form of additional taxes.
The fear of losing purchasing power due to inflation and low-interest rates has led many to explore safe alternatives to fixed deposits with high returns
'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.'
In the short run, the Trump presidency has already ensured one thing: The assumptions of the past can no longer guide the strategies of the future, points out Manish Dabhade.
Novice investors must understand that volatility is an inherent part of equity markets and learn to navigate through such phases.
Fundraising momentum is expected to accelerate further in the New Year, potentially surpassing 2024's record figures
Buying a new flat by selling an old one allows you to get tax exemptions, but there are some conditions that need to be fulfilled.