Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.
An Aadhaar card can fast-track the KYC procedure for some instruments.
Investing in a Unit Linked Insurance Plan increases your life cover and also helps you save tax, says Vivek Jain.
Ask rediffGURU Ulhas Joshi your mutual fund queries.
The immediate revenue loss could worsen the Centre's fiscal deficit, from the budgeted 3.3 per cent of gross domestic product (GDP) to 3.7 per cent of GDP -- a massive 40-basis-point increase. It was stabilised at 3.4 per cent since 2016-17, report Abhishek Waghmare and Dilasha Seth.
E-proceeding of tax scrutiny has certain technical and practical issues which need to be addressed before making the system fully electronically driven.
Pranay Bhatia offers insights on some key issues from Nirmala Sitharaman's maiden Budget.
RBI Governor Raghuram Rajan on Friday pitched for incentivisation of domestic savings to boost investments in the country.
In November, the fiscal deficit widened by Rs 2.2 trillion, the highest ever in any month this financial year.
Investors need to evaluate how they stack up against other high credit quality fixed-income options before putting money in them.
Do you know what short-term capital gains tax is? When do you have to pay this tax? Is it different for shares and other physical assets?
This rainy season, don't just prepare for storms but also make your finances rain-proof, says Amar Pandit.
Congress president Mallikarjun Kharge on Monday launched the party's crowdfunding campaign in New Delhi, asking people to join the fight against unemployment and rising costs.
During an hour-long chat with rediff.com on Tuesday, Kripananda Chidambaram, director, Fintotal.com, offered some valuable tips.
In an hour-long chat on rediff.com, financial planning expert Sailesh Multani offered some valuable tips.
'This government has always been fiscally conservative. It never resorted to fiscal profligacy.'
Teary-eyed Congress leader D K Shivakumar on Saturday briefly belied the combative force he is for the Congress party, not just in the just concluded 2023 assembly polls, but on several crucial occasions in the past when his party needed him.
Tax-saving is the first level of financial planning. If you are salaried this would start from the declaration of investments that will be made at the beginning of the financial year. Here are some tips for easing your tax burden.
When the Centre collects money through cess, it can retain the entire fund for the particular scheme.
Several politicians said they were not even aware of the provision in the UP Act.
'Many non-resident taxpayers faced issues in filing Form 10F since the portal didn't allow those who didn't have PAN to file the form.'
While the government has not made the report public, sources said the panel had recommended a sharp cut in all taxes on the gold business, including import duty and goods and services tax which amounts to over 13%.
The real requirement for the finance minister's explanatory speech is to explain the measures taken in the Budget to influence inflation and growth not just through the announcement of a deficit goal, but more broadly through the impact on money supply, consumer demand, foreign trade and investment, explains Nitin Desai.
There are millions of Indian women who avoid the responsibility of managing their finances due to a variety of reasons, including cultural and social conditioning.
Perhaps the finance ministry or NITI Aayog could take a detailed look at what governments actually deliver and at what cost; how their services can be improved and expanded where necessary; how much money can be saved through doing things differently; and how many things the government does which it can safely leave to the private sector, argues T N Ninan.
The 2023 Budget set off a downtrend in the listed life insurance company stocks. The key reason was a proposal to tax income from insurance policies (other than unit-linked insurance plans or ULIPs) with a premium, or aggregate premium, of above Rs 500,000 per annum. This impacted the traditional savings profile since it affected the returns for these products.
Displaying 'ARMY' on private transport is an attempt to milk the respect and reverence that the common citizen has for a person in the armed forces, observes Colonel K Thammayya Udupa (retd). By writing 'ARMY' and displaying regimental insignias, we expect a few misdemeanours to be overlooked.
Capital gains tax is no longer exempt even for investors coming via Mauritius, hence FPIs are now classifying it as interest income to save on taxes.
Always remember to check whether the recipient of the charity has valid 80G approval