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.
Automobile company Tata Motors, metals and mining major Vedanta, oil marketing firm Bharat Petroleum Corporation (BPCL), private sector IndusInd Bank, and two-wheeler major Bajaj Auto have witnessed their market cap slip below the Rs 1-trillion mark this year.
Capital markets regulator, I-T department suspect tax evasion and market manipulation
'This fall is nothing. We could see worse if everybody hits the panic button.'
Market participants are hoping for a few tweaks on the taxation front which will encourage consumers and businesses to spend.
Gold prices have eased off in recent months after the formation of a new government bringing in positive sentiment back to the stock market.
Markets suffered after other Asian indices closed in the red, tracking record-breaking losses at the Wall Street overnight.
To say capital gains from stocks are effortless shows little understanding of the treacherous investing terrain, says Debashis Basu.
Debashis Basu lists various reasons why laundering through the stock market thrives.
Foreign portfolio investors, on the other hand, have been net sellers in the markethaving pulled out Rs 8,600 crore
Finance Minister Arun Jaitley said the fiscal deficit slippage this financial year (2017-18) was largely statistical.
Investors, including large corporations, view them as a potential hedge against uncertainty, and mainstream investment banks too are jumping into the game.
The revenue department had sent notices to FIIs demanding 20 per cent MAT
'Investors need to find out how the FMP's assets are distributed and ensure the investments are in high-quality names.'
The weakness in the rupee and broader markets has led to evaporation in the market cap.
Standard Chartered Bank is setting up an international banking unit primarily to look after Indian company requirements. The bank is looking for a $2-billion loan book in the first five years of business.
Economy to grow by 7.2-7.5 per cent in second half of current fiscal, says FM.
After the rationalisation and categorisation of mutual fund schemes undertaken by the Sebi in October 2017, overnight funds have emerged as a distinct category.
During a series of hectic talks between Cairn Energy and the Indian government over the $1.2-billion arbitration award in favour of the former last week, a slew of options was proposed by the two sides, including computation of capital gains and participation in the Vivad se Vishwas (VsV) dispute resolution scheme. The government is likely to go ahead and appeal against the arbitration award by a Permanent Court of Arbitration at The Hague before March 21, indicated finance ministry officials. Cairn Energy Plc on Sunday said it was hopeful that an acceptable solution to its tax dispute with the Indian government could be found to avoid prolonging and exacerbating the 'negative issue' for all parties.
Mahavir Chopra compares mutual funds and Ulips to help investors decide.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
MFs continue to find it difficult to attract and retain long-term money from investors
Tax Guru Anil Rego answers your personal income tax queries.
While a little more than 140 penny stocks have doubled in value, 555 have given negative returns in the past year. Of these, 84 shed more than half their value.
This will bring down capital gains especially in case of property transactions.
The Centre is grappling with the question of its fiscal roadmap not only for this year but for 2018-19
Sooner the investors shift, the better it is as a majority of equity funds have single-digit returns since January 31.
The market last tumbled 10% or more in December 2016 following demonetisation. The decline was followed by a sharp rebound. This time the chances of such a v-shaped recovery are less.
The proposed move to withdraw the DDT would help encourage investments by addressing multiple taxation of income and bringing down the effective tax rate on companies, which is among the highest in the world.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
There was no law that prevented the government from presenting a sixth full Budget, or something similar to it.
Despite a slowing economy, the Budget does not envisage any major stimulus through the budgeted fiscal deficit figures, said Goldman Sachs.
'If I close my housing loan, are there any investment avenues (the investment should provide liquidity) to save tax?'
After the IT giant declared a bonus, investors selling shares may have to shell out 4-5 times more tax
The bills were passed by voice vote.
Overseas funds have been spooked by several policy measures taken by the government in the past few years
After holding discussions with the FM, the Sebi chief said the government thought it was an opportune time to levy the LTCG tax as the "markets are booming."
If your equity gains are less than Rs100,000 in a financial year, you can breathe easy.
With digital technology, the I-T department's ability to catch tax evaders has increased many times.