rediffGURU Vivek Lala answers your income tax and personal finance queries.
Officials said the oil marketing companies had provided data to the Income Tax department.
rediffGURU Dev Ashish answers your personal finance and mutual fund queries
A mistake here can prove costly.
rediffGURU Sunil Lala answers your personal finance-related queries.
Though a popular savings option in India's villages and towns, chit funds have resulted in scams too. Here's what you must know about chit funds before investing your money.
Invest in MFs for liquidity and choice of funds. Invest in NPS for the tax benefits, tax-free rebalancing, and for earmarked savings for retirement.
Experts say lending rates won't come down significantly,as banks are grappling with NPAs
The best investment schemes fail if they don't offer incentives to intermediaries to push investors.
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
Dwaipayan Bose on how index funds play a key role in the diversification of portfolios and help manage risks
Lots of romance and action on OTT this week. Sukanya Verma lists her recommendations.
The finance ministry on Wednesday allowed all private sector banks to participate in government-related business, like collection of taxes. pension payments and small savings schemes. At the moment, only few large private sector are allowed to conduct government-related business.
Leading up to the International Women's Day on March 8, this is the first of a four-part series that talks about how women can invest to achieve their long-term financial goals.
While an impending rate cut is a good reason to enter debt funds, another is the high valuations in equity markets.
Let's wait for the monetary policy on February 8 -- to see how it complements the fiscal commitments, points out Tamal Bandyopadhyay.
With the 50 bps rate cut now more banks are expected to reduce their base rate.
Earlier, the RBI cut its policy interest rate to 6.75 per cent.
Union finance secretary T V Somanathan recently said the Centre had saved Rs 10,000 crore in FY22 on interest payments after adopting new accounting mechanisms for central government agencies and centrally sponsored schemes (CSS) for state governments. Speaking at an event, Somanathan said due to these, there was an unspent balance of Rs 1.2 trillion with state agencies from CSS as on March 31, 2022. This means this amount will be reduced from the Centre's borrowing for now and it can be considered a short-term saving for the exchequer.
Gandhi said the debate would end after these two questions only, but he also wants to ask the prime minister why did he ask the public to bang plates and flash mobile phones when people were suffering from the Covid pandemic.
Congress leader Kumari Selja ruled out the possibility of an alliance with the AAP for the Haryana assembly polls.
'Where in the world you get 12.5 per cent return of interest?'
Regardless of market levels, invest in stocks and equity mutual funds in a staggered manner.
According to the report, financial assets of the Indian households are predominantly in the form of bank deposits, followed by life insurance - a pattern that got disrupted after note ban
Do not keep a large portion of your long-term portfolio in FDs.
rediffGURU Dev Ashish answers your personal finance and mutual fund queries.
'Generating employment requires a shift in policy.' 'If not, the country will face economic, social and political challenges in the coming years.'
Here's how EPF stacks against other investment options
Experts say the size of the fund shouldn't be a primary criterion for selection.
When he didn't respond (Mr Saver has lost count of how many relationship managers he has had in the past few years!), the gentleman landed up at his doorstep and started pleading with him to open fixed deposits with the bank, observes Tamal Bandyopadhyay.
rediffGURU Nikunj Saraf suggests considering small-cap, mid-cap, and multi-cap mutual funds.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Consider a combination of a base policy and a super top-up policy.
Indian Bank expects recoveries to be more than slippages in this financial year, which will result in improved asset quality.
Ajit Mishra, vice president, research, Religare Broking, answers your stock market queries.
Sitharaman does away with loans from National Small Savings Fund to Food Corporation of India.
Chief Economic Advisor V Anantha Nageswaran on Thursday said the economy is expected to grow at 6.5 per cent in the current fiscal notwithstanding deficient rains in August. India recorded economic growth of 7.8 per cent in the April-June quarter of 2023-24 against 13.1 per cent in the year-ago period. India's economy in Q1 grew at the fastest pace in a year, on the shoulders of a boost in capital expenditure both at central and state levels, along with stronger consumption demand, especially in rural areas, and improved performance in the services sector, he said.
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
'Liquid ETFs help in cash management by enabling a smooth transition between equity and cash within the same settlement cycle, as they trade in the same segment as equity.'
