There are, however, a few aspects to factor in before considering G-Secs as an investment option, advises Bindisha Sarang.
To say capital gains from stocks are effortless shows little understanding of the treacherous investing terrain, says Debashis Basu.
The Kelkar Committee has recommended that Section 88 be done away with completely. If this happens, tax rebate on equity-linked tax saving schemes will go.
Precious metal coins may attract capital gains tax.
'It makes sense to have gold in one's portfolio keeping the political and economic risks of 2024 in mind.'
Investors in SIPs should be especially careful because the taxation is done according to the first-in-first-out basis
The government, under the Finance Act, 2020, had allowed tax exemption for SWFs and pension funds in the case of incomes from investment in 34 key infrastructure sectors, including hotels, cold chains, educational institutions, hospitals, and gas pipelines.
From March 3, investors in India will be able to trade in select US stocks through the NSE International Exchange (NSE IFSC), a wholly owned subsidiary of the National Stock Exchange (NSE). Investors can invest in NSE IFSC receipts on US stocks, which will be in the form of unsponsored depository receipts (DRs). For a start, this will include DRs of 50 US stocks such as Apple, Alphabet, Amazon, Tesla, Microsoft, Morgan Stanley, Nike, P&G, Coca-Cola, and Exxon Mobil. Indian retail investors will be able to transact on the NSE IFSC platform under the Liberalised Remittance Scheme (LRS) limits prescribed by the Reserve Bank of India (RBI), which currently stand at $250,000 per year.
Shares of low-cost airline IndiGo hit record high on the bourses soon after reports of pilot crisis at Vistara emerged. The development also saw airfares surge by around 25 per cent on select routes. Shares of IndiGo hit a lifetime high of ~3,68.5 on April 2, 2024, and has gained 2.4 per cent on the bourses in April.
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.
Regardless of market levels, invest in stocks and equity mutual funds in a staggered manner.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.
Multi-asset allocation funds emerged as the most popular option for MFs as they provided the needed flexibility.
With real estate -- NRIs's favourite investment vehicle in the past -- unlikely to do well in the near future, there is a strong case for NRIs to shift to equity and debt mutual funds, says Prateek Mehta.
Confederation of Indian Industry said on Friday sharp fluctuations in the stock markets notwithstanding, the long-term outlook of the Indian capital market is bullish.
Avoid discontinuing your SIPs. Persist for at least 7-10 years.
Taxing the rich will fetch nothing; only votes, argues Debashis Basu.
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.
Treat silver as part of the procyclical or growth assets in your portfolio, advises Sanjay Kumar Singh.
Only investors with knowledge of cryptocurrencies, long-term conviction, and a long horizon should invest in this asset class.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
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.
MFs continue to find it difficult to attract and retain long-term money from investors
The change in debt fund taxation is seen as boosting the demand for hybrid funds. It is no surprise then that asset management companies (AMCs) have launched a raft of new products in the multi-asset category. However, they seem to be divided on the asset mix and approach. The multi-asset space, which provides fund houses ample scope to innovate, has seen five launches in as many months.
If you lack an emergency fund or it is depleted, use part of your bonus to build or replenish it.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
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.
If companies recover the fringe benefit tax on employee stock options from the beneficiaries, does it still make sense for employees to go for them?
'If you look at where inflation (headline and core) is today in India and where the rates are, there's clearly room to cut rates.'
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.
'It is requested that listed equity shares or units of equity-oriented fund schemes be exempted from capital gains tax (LTCG) if equity shares or mutual funds units are held for at least three years.'
A N Shanbhag explains various issues related to the Securities Transaction Tax
Sitaram Yechury, politburo member of CPM, on Friday warned the government against market volatility and FII activity.
Feature for feature, bank FDs are indeed better than debt funds today, mainly thanks to Ms Sitharaman, notes Debashis Basu.
Ahead of the US presidential elections this November, Vice President Kamala Harris and former President Donald Trump are set to face off in their first debate in Philadelphia, Pennsylvania, on Tuesday night ET.
Sitharaman further said that to mitigate genuine difficulties of start-ups and their investors, government has decided to withdraw angel tax provisions for them.
'Till the time you have the equations right the market will remain concerned.' 'If the (coalition) government is taken care of, then probably (the markets will) come back to its rhythm.'
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
The hospitality industry has around 212,000 rooms, with an industry size of about Rs 82,000 crore. The industry could grow at an annual rate of 10.5 per cent for the next three financial years, despite a quiet Q1FY25. The demand will be driven by domestic travellers, who will contribute roughly 50 per cent of the growth, while foreign tourists will account for 30 per cent.
Leader of the Opposition in the Lok Sabha Rahul Gandhi asserted that the Congress will protect the Constitution and the reservation system at all costs and foil "conspiracies" of the Bharatiya Janata Party.