The purpose, behind slashing property tax on small commercial establishments by 70%, was to allow growth of small shops in residential areas, so that people do not have to travel long distances for their daily needs.
Instead of only focusing on the tenure for which the best interest rate is available, investors should also focus on their own investment horizon.
An Aadhaar card can fast-track the KYC procedure for some instruments.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.
Investing in a Unit Linked Insurance Plan increases your life cover and also helps you save tax, says Vivek Jain.
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.
RBI Governor Raghuram Rajan on Friday pitched for incentivisation of domestic savings to boost investments in the country.
Pranay Bhatia offers insights on some key issues from Nirmala Sitharaman's maiden Budget.
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?
Ask rediffGURU Ulhas Joshi your mutual fund queries.
Investors need to evaluate how they stack up against other high credit quality fixed-income options before putting money in them.
In November, the fiscal deficit widened by Rs 2.2 trillion, the highest ever in any month this financial year.
This rainy season, don't just prepare for storms but also make your finances rain-proof, says Amar Pandit.
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.
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.
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%.
'This government has always been fiscally conservative. It never resorted to fiscal profligacy.'
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.
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.
'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.'
Always remember to check whether the recipient of the charity has valid 80G approval
First thing an average citizen thinks about before any Budget is about income tax.
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.
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.
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.