'Non-compatible with Western Civilization' is about as vague and jingoistic as it gets and Trump saying this gives full license to his acolytes to go full throttle on making life as difficult and scary as possible for as many non-white people as possible,' notes Sree Sreenivasan.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
Before deciding to go for mutual fund ELSS, here are some points to ponder over.
While saving tax is important and certainly welcome, it's lot more important to ensure each instrument actually does the job it was originally meant to, says Manish Shah.
Your choice between the Old and New Tax Regimes should reflect your financial strategy and investment goals, says Ramalingam Kalirajan
Here's a list of Top 10 ELSS funds in terms of percentage gain in the last one year till September 7, 2007. These funds not only help you make money but also save taxes as per Section 80C.
India, the world's third largest oil importing and consuming nation, is likely to save as much as Rs 1.8 lakh crore on import of crude oil and LNG if the trend of softening international energy rates continues, Icra said Wednesday. India, which meets over 85 per cent of its crude oil needs through imports, spent $242.4 billion on buying crude from overseas in the fiscal year ended March 31, 2025.
The 100 per cent withdrawal provision and the 25 per cent minimum balance provision have led to some confusion.
'We are not incentivising the old tax scheme. These taxpayers will also shift to the new regime after comparison.'
In sops for the middle class, Finance Minister Nirmala Sitharaman on Tuesday hiked standard deduction by 50 per cent to Rs 75,000 and tweaked tax slabs under the new income tax regime to provide more money in the hands of salaried class with a view to boost consumption. She said salaried employees in the new tax regime could save up to Rs 17,500 in income tax annually following the changes announced in the Budget. The standard deduction for salaried employees is proposed to be increased from Rs 50,000 to Rs 75,000 annually.
rediffGURU Vivek Lala answers your income tax and personal finance queries.
Banks and NBFCs are launching festival offers, including lower loan rates, cashback, EMI schemes and GST-linked benefits to tap rising demand ahead of Diwali
Finding the right way to save taxes requires a great deal of planning. Here's a helping hand.
'It is crucial to understand that the ultimate goal of your investments isn't to pay lesser tax, but to create long-term wealth for you and your family,' says Satyen Kothari, founder and CEO, Cube Wealth.
Do you know you can invest in funds to donate money for a good cause?
Get Ahead home loan expert Harsh Roongta on tax benefits fo availing a home loan.
You tax-saving investments should not only depend on good returns but also take into consideration the various stages in your life to optimise your investments.
'The government is putting insurance in the same category as food, which is essential for life.' 'Now this is an opportunity for the sector to focus on the consumer.'
Real-estate firms have welcomed the Goods and Services Tax Council's reforms, expecting better affordability for buyers, spurring demand. The council has reduced the rate on cement from 28 per cent to 18 per cent, while the rate on sand lime bricks or stone inlay work and granite blocks has been cut to 5 per cent from 12 per cent.
Those who have long retirement horizons of 15 to 20 years and seek higher long-term returns may opt for MSF. Investors nearing retirement (under 10 years) or those with low risk tolerance should stay away.
Here's what Indian investors diversifying into equities, ETFs, and real estate abroad to manage risk, returns, and currency exposure must watch out for.
Ask tax gurus Mihir Tanna, Samkit Maniar, Vivek Lala, Anil Rego, T S Khurana and Mahesh Padmanabhan your Budget-related tax questions
You don't need a six-figure salary to build wealth -- you need discipline and a smart plan, says Ramalingam Kalirajan. and shows you how
rediffGURU Yogendra Arora answers readers' personal income tax queries.
What are FMPs and should you invest in them?
Organise your PAN, Form 16, Form 26AS, AIS, and all other proofs before e-filing.
What many don't realise is that including their spouse and children in their tax planning can enable them to reduce their tax burden legally.
The average age of person/s having own residential homes has come down from 42 in 2000-01 to 31 years in 2006-07? Do you know how this has become possible. Tax sops on home loans is the biggest catalyst to begin with.
In an online chat with Get Ahead readers on February 6, Anil Rego, CEO, RightHorizons, answered their queries on saving tax.
The I-T Act ensures that you cannot divert income within the family.
GST 2.0 may cushion consumers against US tariffs, but like the 2019 corporate tax cut, it risks being another tactical fix rather than a structural growth strategy, expects Debashis Basu.
Ask rediffGURU Reetika Sharma your insurance mutual fund and personal finance-related questions.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
A tax plan is not just to save taxes, but should also assist in achieving other financial goals such as buying a home, a car, children's education, retirement, etc
Get Ahead tax expert Mahesh Padmanabhan tells readers about the best options to save taxes in a chat on August 21.
Implications for capital gains, wealth taxes, and investment strategies require careful consideration, notes Anil Rego, founder and CEO, RightHorizons.
After three straight quarters of decline, India's housing market is pinning hopes on the ongoing festival season to revive sales momentum. While 2025 may still end with sales volumes below 2024 levels, developers believe the seasonally strong October-December quarter could narrow the gap, aided by stable interest rates, festive incentives, and resilient demand in the premium segment.
What does this mean for you? Ramalingam Kalirajan explains.
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