Mortgage lender HDFC posted an 8% rise in net
profit for the 4th quarter ended March 2015 at Rs. 1,862 crore against Rs.
1,723 crore in the year-ago quarter.
Money gifted by a father to a son is not taxable in India..!
Question: Do I have to pay tax either in India or the US on the amount gifted to me
by my father? — Mr. Fahad
Income From Invested remittance in India is taxable
Income From Invested remittance in India is taxable Any income generated on investment of the remitted money in India would be
subject to tax Ms. Sonu Iyer, Tax Partner and National Leader, Human Capital Services, EY Earnings in the US that are subsequently remitted to an Indi…
Investing Mantra's : Stock, MF Investment : Learn to sell
Share / mutual fund Investment : Learn to sell * Most share and mutual fund investors buy & then just
hold on (Regrettably, most advice by experts on the media is also to buy
or / hold, rarely to sell).
Do not take decisions based just on summary accounts...!
Investing Mantra's - Stock * Read through the schedules as
well as qualifications & notes to the accounts.
Rs. 480 Cr PNC Infratech IPO opens on May 8, 2015..!
Infrastructure construction company PNC Infratech’s initial public offer
(IPO) will be open for public subscription between May 8 and May 12, 2015.
55% of Vehicles Do Not Have 3rd Party Motor Insurance Cover...!
The Insurance Regulatory and Development
Authority of India (IRDAI) has launched an awareness campaign on 3rd-party
motor insurance, jointly with the Cyberabad Police.
Mutual Fund Investment: Riskometer to Replace Colour Code..!
From July, 2015 mutual fund schemes will no
longer use the three colour-coded risk indicators to tell investors how risky
the scheme is. Instead, capital market regulator Securities and
Exchange Board of India (SEBI) wants fund management companies to switch to a 5
level spe…
Use Expenses to save on Income Tax Outgo...!
Use E xpenses to save on Income T ax Outgo...! You can get tax deductions on
certain expenses that you incur for your personal needs Vivina Vishwanathan Did you know that investments are
not the only way to reduce you tax outgo in an assessment year? You can reduce your tax o…
Make Use of the Income Tax Benefits that Come From Owning a Home..!
If you plan to sell your house you must know
there are ways to save your capital gains tax Ashiwni Kumar Sharma For many of us, a housing loan’s equated
monthly instalment (EMI) is a prominent part of the household cash flow. While
the EMIs certainly leave less at your dispo…
