How does the Union Budget 2024-25 impact taxpayers, investors and traders?
rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
Systematic Investment Plan (SIP) and Systematic Withdrawal Plan (SWP) are very crucial. Here, we will help you understand how these tools can pave the way for a stress-free retirement.
rediffGURU Samkit Maniar answers readers' personal income tax queries.
Don't wait till March next year. The new financial year begins April 1, 2014. Some tax-saving tips based on your age group and tax bracket
They don't just want better returns -- they're looking for global opportunities, more variety and smarter ways to grow their money, says Soubho Moulik, CEO, Appreciate.
'Some part could be used for consumption purposes, and the rest could be used to meet important financial goals.' 'The split can be 30:70 to 50:50, depending on one's situation.'
rediffGURU T S Khurana answers readers' personal income tax queries
In an hour-long chat on Thursday, direct tax expert Vikas M Gandhi offered some valuable tips on how to save tax.
In an hour-long chat on rediff.com on Thursday, direct tax expert Vikas M Gandhi offered many valuable tips.
Taxpayers need not invest proceeds from sale of property strictly within 180 days from date of sale to get exemption under Section 54EC.
If your risk appetite permits investing in a tax-saving fund, now is the time to scout for one and start off an SIP.
The new tax relief helps those earning Rs 12.75 lakh per year save Rs 83,200 annually. Let's see how investing this amount can grow your wealth.
US President Donald Trump's plan to sign an executive order to cut prescription drug prices by 30-80 per cent could lead to a global price adjustment with pharma firms pushing lower-cost countries like India to raise prices, according to the economic think tank GTRI. The US move could push prices in lower-cost countries like India as manufacturers would seek to recover losses and R&D costs from these nations.
So, the next time someone tempts you with a slightly higher FD rate from a lesser-known bank, point them to hybrid funds that can deliver extra returns without the administrative and emotional rollercoaster.
Tax planning should not be left for March. If you do so, you could face a severe cash crunch in that month, warns Sanjay Kumar Singh.
ELSS investments require a long-term commitment of at least seven years.
Direct tax expert Vikas Gandhi offers some valuable tax-saving tips.
In an hour-long chat on Thursday, direct tax expert Vikas Gandhi offered some valuable tips.
The answer depends on your financial goals and risk appetite, says Certified Financial Planner Ramalingam Kalirajan, and explains why.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
Car purchases in India are largely limited to the top 12 per cent of households with an annual income exceeding Rs 12 lakh, while even small cars have become unaffordable for the remaining 88 per cent, said R C Bhargava, chairman of Maruti Suzuki India Limited (MSIL), on Friday. "How can you get high car sales growth if 88 per cent of the country are below the levels of income where they cannot afford these cars costing Rs 10 lakhs and above?
Direct tax expert Vikas M Gandhi offered some valuable tips on tax saving during a chat on Thursday.
Direct tax expert Vikas M Gandhi offers some valuable tips.
Selling property below market value can lead to litigation. Tinesh Bhasin offers tips on how to avoid it.
Direct tax expert Vikas M Gandhi offers some valuable tax-saving tips.
Automotive (auto) major Tata Motors posted a 51 per cent drop in consolidated net profit for the January-March quarter (Q4) of 2024-25 (FY25), to Rs 8,470 crore, due to a deferred tax asset of almost Rs 9,000 crore in the corresponding quarter of the previous financial year and an exceptional item of Rs 566 crore during the quarter. Revenue was up just 0.5 per cent year-on-year (Y-o-Y) at Rs 1.18 trillion for Q4FY25.
Start your journey to financial freedom today. Ask your questions and let our experts show you the way to a secure and prosperous future.
The Trump trade shock is a chance to push long-overdue reforms, rather than tinker with tariffs to appease the US, suggests M Govinda Rao.
rediffGURU Samkit Maniar answers readers' personal income tax queries.
The feud reached its peak when Musk made explosive allegations about Trump's connection to disgraced financier Jeffrey Epstein, marking a dramatic escalation in their increasingly personal conflict.
The Uttarakhand government has announced exemption in luxury tax for five years on all those old buildings which would be converted into hotels with an investment of 50 per cent of the current market value.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
Direct tax expert Vikas Gandhi offers some valuable tips on investments.
Sector analysts in India feel that the new convention may not lead to a significant increase in the number of Indian employees being sent to the UK.
Trump made it clear he had no plans to speak with Musk anytime soon, stating, "I'm too busy doing other things," and added, "I have no intention of speaking to him," NBC News reported.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
Individuals often postpone tax planning till the end of the financial year. As the deadline for showing proof of investments draws near, they invest randomly in any product that will help them save tax for that year. Later, they realise that it is not suited for them, so they abandon it. Tax planning should not be a standalone, one-off activity, but should be in sync with your overall financial plan, says Sanjay Kumar Singh.
The provisions of deduction of tax at source apply to both but in some cases it is possible to save tax through proper tax planning.