Income Tax: Invest before March 31 in these tax saving instruments to avail exemption

Income Tax: Invest before March 31 in these tax saving instruments to avail exemption

If you want to save income tax for the investments made in this financial year (2023-24), do not forget to invest before March 31 this year. With only a few days remaining in this financial year, taxpayers are urged to invest as soon as they can. Meanwhile, RBI has told all agency banks dealing with … Read more

3 simple tax-saving measures that are equally effective in creating wealth

3 simple tax-saving measures that are equally effective in creating wealth

How to choose tax-saving investments? Several critical factors to contemplate when selecting a tax-saving investment comprise: Lock-in duration: This denotes the minimum period you’re required to retain the investment before being able to withdraw funds. Certain tax-saving choices, such as the Public Provident Fund (PPF), entail lengthy lock-in periods, whereas others like tax-saving fixed deposits … Read more

6 key steps RBI has taken to ensure safe banking practices. Details here

6 key steps RBI has taken to ensure safe banking practices. Details here

Digital banking has brought a paradigm shift to the way we carry out financial transactions. The collateral damage, however, is the spate of frauds that accompany it. To minimise these frauds, the banking regulator has taken a number of steps so that banking remains safe and secure. Deputy governor of Reserve Bank of India (RBI) Swaminathan … Read more

Mistakes in your credit report? Follow these 6 key steps to get them rectified soon

Mistakes in your credit report? Follow these 6 key steps to get them rectified soon

Getting mistakes on your credit report rectified is important to maintain your financial health. For example, outstanding bill of one credit card may be reflected in your credit report, while the credit card was not issued in your name.  So, you must request the correction to be made by submitting the necessary documents. Getting a … Read more

What are the tax implications of gifting shares to your grandson?

What are the tax implications of gifting shares to your grandson?

Infosys co-founder and chairman emeritus NR Narayana Murthy has gifted Infosys shares worth ₹240 crore to his four-month-old grandson, Ekagrah, who now holds a 0.04% stake in the company. This gesture follows the tradition of grandparents gifting shares, gold, cash, and other assets, but this raises questions about the tax implications for both the giver … Read more

Pickup in credit cycle, real estate are long term drivers of India Inc growth, says Tata MF Equity Report

Pickup in credit cycle, real estate are long term drivers of India Inc growth, says Tata MF Equity Report

Notwithstanding a slowdown in the large economies such as those of US, UK and Europe, India’s economy is seen to be growing since there is a limited impact of other economies on India’s GDP/ profit growth.  This is reflected, among other key points, in the Tata Mutual Fund’s Equity Outlook Report for March 2024.    … Read more

6 investing lessons that David Swensen gave to the investment community

6 investing lessons that David Swensen gave to the investment community

Revered beyond the university for his groundbreaking contributions to investment management and mentorship of future leaders in the field, Swensen was equally esteemed within Yale for his dedication as an educator, astute advisor, and spirited member of the university community. David has bestowed upon the financial world a multitude of investment principles, a selection of … Read more

Guy Ritchie’s The Gentlemen on Netflix: 2 key money lessons to learn from the series

Guy Ritchie’s The Gentlemen on Netflix: 2 key money lessons to learn from the series

What if you inherited a home, a title and all the underhanded business that has been going on for years? You’ll do everything to get out of the shady business innit? So a British peacekeeping soldier Edward Horniman (played by the handsome Theo James, whom you last saw in The White Lotus) loses his father … Read more

Most unresolved investors’ complaints belong to venture capital funds, Sebi data shows

Most unresolved investors' complaints belong to venture capital funds, Sebi data shows

In the month of February, there were 5,371 pending investors’ complaints at the start of the month, data released by the markets regulator Securities Exchange Board of India (Sebi) reveals. A total of 4,761 complaints were received in the month of February on SCORES platform out of which 4,471 were disposed as on Feb 29, … Read more

Learn from Sidharth Malhotra: Become a financial Yodha with these 3 lessons

Learn from Sidharth Malhotra: Become a financial Yodha with these 3 lessons

Yet another patriotic film about ‘Tiranga’ in your hearts? Shouldn’t a cliche like ‘Good Indian Soldier Tackles Pakistani Baddies’ be laid to rest already? But what if Amazon Prime Video and Dharma Productions bring you an oglefest? Ronit Roy is Major Surender Katyal who inspires his son to respect the soldier’s uniform, and the little … Read more