Higher levy on dividends earned by individuals also on radar.
'The government's projections for 2019-2020 will be disappointing big time.'
They can be used as collateral for loans and can be sold or traded on stock exchanges
Sebi has also been asked to put in place a mechanism to monitor the beneficial owner of P-notes
Tax-saving investments should not be made with the sole purpose of saving tax, but should also help an individual grow his wealth, suggests Archit Gupta, founder and CEO, ClearTax.
From July 1, retail investors can offer stocks through exchanges for de-listing, buyback and open offers
'The Indian market has all the factors at the moment: Over-valuation, over-confidence, reliance on some source of massive fund flows and massive scams.' 'The trigger for a collapse could also have arrived.' warns Devangshu Datta.
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.
One should base the decision on one's potential liability under the new tax rules.
In an online chat with Rediff.com readers, personal finance expert Anil Rego answered queries about the new tax regime announced in the Union Budget.
U K Sinha's six-year tenure as chairman of Securities and Exchange Board of India ends later this week. Sinha held his last press conference in Mumbai on Monday, where he spoke on wide-ranging issues and his biggest regret.
How the Aadhar card would be linked to income tax return is yet not clear
Investors in international funds should have a horizon of more than five years. Not only will this help them overcome equity and currency volatility, it will also help them enjoy better tax treatment, says Sanjay Kumar Singh.
Harsh Roongta, Mahesh Padmanabhan, Anil Rego answer the most sought after questions on Budget Day.
The exchange, say sources, began mock trading from early October and around 250 Indian brokers have said they'd take membership of the international exchange.
Investors can sell their entire equity and move to debt when stocks get expensive
'Housewives depositing cash up to a limit of Rs 250,000 need not worry.' 'It is understood that in India housewives save money which they get from their husbands for household expenses.' 'The intent of the government is not to question them.'
They help diversify portfolio and are less risky.
Real estate investment trusts may not be attractive enough.
These schemes are expected to perform in the next 2-3 years.
The tax imposed on buyback of shares and employee stock options is different in case of listed and unlisted companies, says Sudipto Dey
Right steps you can considerably reduce the tax outgo.
Private equity investing can be rewarding, but an investor needs to be patient as exiting can be tricky and these assets do not provide instant liquidity.
The Budget for 2018-19 has at least five takeaways that are yet to receive adequate attention, says A K Bhattacharya.
'If anything, he is a fiscal hawk.' 'He has avoided fiscal profligacy completely for the past four years.' 'The fiscal deficits since 2014 are clear proof of this.' 'The point is not that it is not 3 per cent yet; it is that it is not 6, 7 or 8 per cent, which it could easily have been.' 'For this he needs to be congratulated.' 'He has recognised it no longer pays to spend other people's money to win elections,' points out T C A Srinivasa-Raghavan.
Balanced funds may be a good option for first-time investors.
Equity debt, gold - these all are terms you may have heard of when reading on funds but not quite sure where to start with or which one most suits your needs.
Define ownership proportionately at the time of registration to ensure that you don't face problems on taxation front.
In a major crackdown on domestic shell companies, the government on Friday decided to take "harsh punitive" action, including freezing of their bank accounts used to launder money or evade taxes.
You can look at equity-oriented balanced funds.
Arbitrage schemes can give investors better post-tax returns than debt funds.
It won't be an easy ride for the markets, reckon experts, considering the multiple state elections in 2018 and general elections next year.
While riskier than debt, Sebi's stringent guidelines may ensure a safe and liquid product.
It makes sense to wait for govt schemes such as gold bonds.
Indian indices have hit all-time highs in the New Year and the sentiment remains strong. All valuations are also at extremely high levels, cautions Devangshu Datta
Financial advisors say, not to get carried away by stocks that promise high returns in short time.
Investors can sell shares in the open market if the price is good, to take advantage of the tax arbitrage.
Saving is not the same as investing as many people wrongly assume. But what's the difference between the two? How does each benefit you. Larissa Fernand has the answers
If your fund's expense ratio has risen dramatically after Sebi's recent changes, compare it with the category average before switching.
Take calculated, not blind risks, suggests Ramalingam K.