Gandhi asserted that the Congress is going to defeat the BJP and its ideology.
It's that time of the year again when one needs tobegin calculating their tax liabilities.
You can build your own retirement savings portfolio by investing in equity, hybrid and/or debt funds. Alternatively, you can also invest in retirement funds which provide asset allocation solutions for different investment needs and risk appetites, says Dwaipayan Bose
A person in the 30% income tax bracket with a Rs 40 lakh home loan at 9% interest rate would, under the Rs 3.5 lakh interest exemption, will save Rs 105,000 in tax in the first year, against Rs 60,000 under the previous interest exemption of Rs 2 lakh.
Tax planning is a coherent part of any financial plan
If salaried, do early homework on your tax-saving investments.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries
We asked you, dear readers to share your best tips on saving money. This is what S Kumar shared.
P V Subramanyam clears some misconceptions about debt funds.
The pre-Budget proposals sent to the finance ministry aim to bring uniformity in tax treatment for investments in different financial sectors, mitigate hardship to retail taxpayers, and encourage participation in mutual funds.
...to fund the revenue gap. Of the gross market borrowing of Rs 14.13 trillion estimated for FY25, Rs 7.5 trillion, or 53 per cent, is planned to be borrowed in the first half.
Encouraging domestic financial savings through focused measures would help mobilise long term resources for funding infrastructure and economic development.
rediffGURU Dev Ashish answers your personal finance and mutual fund queries
Even if a company does not invest, it will improve liquidity of banks.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
There were certainly qualities adhering to the Tata Group, which emanated from the persona of Ratan Tata. Most notable of these would be the low profile he maintained, which sharply contrasted the in-your-face celebrity status, celebration of wealth and pursuit of importance many of liberalised India's rich, love, notes Shyam G Menon.
'Alongside economic growth and the Asian century, stress has become an Asian caravan.' 'But stress doesn't arrive in one's country as invitation to taste exhaustion. It comes dressed as a challenge.' 'Its evangelists ask: Are you man enough to shoulder stress?' points out Shyam G Menon.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
'Generating employment requires a shift in policy.' 'If not, the country will face economic, social and political challenges in the coming years.'
This has affected all political activity of the party, Maken said at a press conference.
The deficit stood over Rs 8 trillion in the first seven months of the current financial year. Non-tax revenues, comprising transfers from the RBI and dividends of the public sector units, shored up the Centre's revenues.
From taxation of EPF contributions to new wage code, life won't be the same in FY22.
Tax Guru Anil Rego answers your personal income tax queries.
As Prabhakaran was leaving his house, Rajiv Gandhi called his son Rahul and asked him to fetch his (Gandhi's) bulletproof jacket. He put the jacket on Prabhakaran's back and remarked with his usual charming smile: "Take care of yourself."
According to tax experts, the restructuring would lead to a much lower tax outgo on dividend distribution.
Despite failing to secure a simple majority in Parliament, we will continue to see him on TV, newspapers, magazines, bill boards, vaccination certificates, railway stations, bus shelters, airports, sea ports, on the highway and on rural roads, sighs A Ganesh Nadar.
"Trump failed our country during the COVID-19 pandemic. Trump is a chaos agent who is focused on himself, not the American people. Trump tried to destroy our democracy by lying about the election and inciting a violent mob to attack the Capitol," he said.
ICICI Bank share price hits record high, ICICI Bank m-cap tops $100 billion: Shares of ICICI Bank have been on a steady uptrend, rising 30 per cent over the past one year; not far behind Axis Bank stock that surged over 34 per cent during the period. The BSE Sensex, meanwhile, is up 25 per cent, and the BSE BANKEX 22 per cent in the last one year, ACE Equity data shows. On Wednesday, June 26, ICICI Bank shares hit a fresh record high for the third consecutive day, rising 2 per cent on the BSE in the intraday trade.
SBI has twice hiked interest rates on fixed deposits within a month, but an investor still gets better returns at the post office.
From connectivity woes to infrastructure advancements and the startup boom, there is a gulf between claims and reality in India's economic landscape, points out Devangshu Datta.
While it's important to work towards saving your marriage, you must also be willing to accept that the outcome may not be what you hope for, says Dr Ashish Sehgal.
Ask Tax Gurus Mihir Tanna, Mahesh Padmanabhan and Anil Rego.
FMCG major Britannia Industries' results for the January-March quarter (Q4) of the financial year 2023-24 (FY24) were received enthusiastically by the market with the share going up by 6.7 per cent on Monday to close at Rs 5,061.60 on the BSE. However, analysts said the results were in line with margins, and disappointing in terms of revenue growth. The consolidated net sales (excluding other operating income) rose 3 per cent year-on-year (Y-o-Y) to Rs 4,010 crore in Q4.
If an individual invests in the specified tax saving schemes of the government, the effective tax-free income limit will be Rs 650,000 a year.
The April-June quarter (Q1) of the current financial year (FY25) may be soft for banks with loan growth moderation, net interest margin (NIM) pressures, and higher staff and credit costs inching up, according to analysts. Credit growth could ease due to the lagged impact of the Reserve Bank of India (RBI) tightening and deposit growth has weakened, and the current account and savings account (CASA) ratio has declined 10-370 basis points (bps) quarter-on-quarter (Q-o-Q) for many banks.
rediffGURU Jinal Mehta answers readers' financial planning and health insurance queries
Investment options that can help you minimise your tax outgo and stash that little extra away for a rainy day.
Delhi Cabinet minister Atishi on Friday said the Aam Aadmi Party (AAP) is worried about the security of Chief Minister Arvind Kejriwal in Enforcement Directorate (ED) custody.
Many senior citizens fail to disclose certain incomes like interest, commissions, or dividends in their ITRs.