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  • News From Press

    Finance ministry makes a budget case for small investors
    No relook at dividend distribution tax, said the FM; new direct tax regime seen benefitting 80% of assessees Sitharaman said DDT changes are conducive if you look at taxpayers whose applicable rate is below 15% or 20%
    by Source: Livemint Feb 8, 2020
    Govt to reintroduce FRDI Bill, no timeline yet: FM Nirmala Sitharaman
    FRDI was withdrawn in August 2018 after a backlash on a clause that put the onus on depositors to 'bail in', in case of bank failure
    by Source: Business Standard Feb 8, 2020
    RBI policy: debt mutual fund investors should brace for volatility, stick to 'safer' funds
    The Reserve Bank of India held key policy rates in its policy review today to keep the delicate balance between inflation management and revival of growth.
    by Source: The Economic Times Feb 7, 2020
    Want to compare between old and new tax regime? I-T dept launches e-calculator
    The calculator, with a comparative table to compare taxes in the old and the new tax regime, for resident individuals (financial year 2020-21) has been hosted on the official e-filing website of the department--https://www.incometaxindiaefiling.gov.in.
    by Source: The Financial Express Feb 7, 2020
    Short-term debt funds to benefit from RBI's moves
    The RBI today introduced Long term Repo, one more tool to enable better monetary policy transmission The short-term government bond yields fell 10-15 bps on the RBI's announcement
    by Source: Livemint Feb 7, 2020
    From DDT to TDS: Will mutual fund investors get more dividend in hand or less?
    Ultimately, the equity mutual fund (MF) investors at present have to bear double dividend distribution tax (DDT) on the dividend income they receive.
    by Source: The Financial Express Feb 7, 2020
    Gold at historic peak of Rs 42,000. Does it make sense to invest in gold funds now?
    24 karat 10 grams of gold was priced at Rs 42,360 on February 1. Gold has risen by around 25% in the last one year. Given the high prices, does it make sense for investors to invest in gold now?
    by Source: The Economic Times Feb 7, 2020
    How to deal with tax-related frauds
    Phishing emails claiming to be from the tax department are on the rise In a recent email campaign, the tax department sent email addresses, SMS source codes and URLs it uses to communicate
    by Source: Livemint Feb 6, 2020
    Should you exit dividend options of mutual funds?
    Those in higher tax bracket will end up paying more on dividends received from mutual funds Those already in the dividend option of mutual funds should assess the cost of switching to the growth option
    by Source: Livemint Feb 6, 2020
    Sebi embraces new-age tools for information to prevent insider trading
    The regulator will use data analytics to scrutinise what it finds in its 'data lakes' and monitor information on social media
    by Source: Business Standard Feb 6, 2020
    30% return in just about a year: What is this fund manager's investment mantra?
    The Mumbai-based firm, which held ₹870 crore ($122 million) in assets as of December 31, focuses on companies that have a competitive advantage
    by Source: Livemint Feb 6, 2020
    Income Tax Refund: 5 ways to make the most of your tax refund
    There are various options to use the money, for instance, should you save it? should you splurge, or invest it? While some choices could improve your financial situation, others can give you a short trip or the phone that you have been wanting for some time.
    by Source: The Financial Express Feb 6, 2020
    New Income Tax Regime: With tax-saving investments gone, how to avoid post-retirement misery?
    The reality in India is that most people don't think and plan about long-term financial needs and the short-term motive of saving tax outgo make them invest in tax-saving instruments.
    by Source: The Financial Express Feb 6, 2020
    ETF flows driving expensive FMCG stocks, stay cautious: Sameer Narayan
    As Nestle is a part of Nifty and it is not such a liquid name, any amount of ETF flow is likely to result in disproportionate price movement. At times, stocks can continue to remain overvalued for a considerably long period of time, said the market expert.
    by Source: The Economic Times Feb 6, 2020
    Every big transaction you make, taxman will be watching you
    CBDT says it will make greater use of technology, data analysis and AI to comb through large transactions
    by Source: Livemint Feb 5, 2020
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