Cover Story

Gizmos to save tax
You just have to know how to ask for it, pick your products carefully and justify the purchase.

All in the Family
You, the sole earning member in the family, earn Rs 80,000 a month

2007-01-25

Digital

SUBSCRIBE NOW

Technology

Backup plans

If your search for portable storage media begins with a floppy and ends with a CD, we suggest you evolve from the Jurassic age.

New Business

The thrills and spills of sailing solo

Adrenaline, ulcers, joy, devastation, bliss, manic depression, chagrin and euphoria are some of the phenomena in the journey of entrepreneurship.

Profit with a purpose

Satyan Mishra’s indomitable desire to be financially independent sees him chart a rather unusual route to success.

Expert View

EETing into Your Returns

THE FINANCE MINISTER WANTS WITHDRAWALS FROM TAX-FREE AVENUES TO BE MADE TAXABLE. BUT HOW HE INTENDS TO DO IT IS NOT CLEAR.

KEEP IT SIMPLE

THE NEW ACT WILL COMBINE ALL DIRECT TAXES SUCH AS INCOME TAX AND FRINGE BENEFIT TAX INTO ONE DIRECT TAX CODE

Investor or Trader

What is the tax rate applicable to profits earned on share trading? Most “knowledgeable” people that I popped this question to responded with 10%.

One tax to rule them all

Asuccession of finance ministers has industriously chipped away, for the last 20 years, on achieving a remarkable transformation of India’s tax system.

Betting on future

Arbitrage involves the concurrent purchase and sale of identical or equivalent underlyings from two or more markets to benefit from their price differential.

Tax

How to be a smart tax payer

Money Today presents a comprehensive guide on Income Tax. Look for information on tax saving instruments, long-term tax planning and so on.

Tax Planning in 2007

An analysis of the tax-saving options available under S ection 80C

Can I get tax benefit for two properties?

No, only one residential property entitles you to tax deduction to the tune of Rs 1.5 lakh.

In this MT Issue

Tracking spending, taxing income

Cash flow means the tax authorities also want to know the outflow, or the expense.

Prudent provident fund

Evaluating past favourites for present day investors. The safest bet for the risk-averse investor, which offers guaranteed returns with liquidity.

Books

Cutting right to the chase

Kapil Mehta, an insurance professional, finds One Up on Wall Street, by the legendary Fidelty fund manager Peter Lynch, an excellent guide for investors in India

Brain Trust

Confessions of a fund manager

A seasoned fund manager shares his investment strategy, his best moments and mistakes, and advice for small investors with MONEY TODAY.

Careers

Where is your career headed?

Behind every successful professional is a realistic career plan.Are you ready with one? Read on to find out

Editor's Note

From the Executive Editor

"Tell me how you spent your income?” is what the taxman asked. “Dig your own grave” is what the taxpayer heard.

Real Estate

Wood worth

Which wood? Wood or ply? Ply or board? Here is a snapshot of the available options.

Homing in on Hills

Living in a city and owning a house in a hill station is no more a dream. However,a maze of local bylaws can turn it sour for a prospective buyer.

Investment

Online justice for all

Small investors have always found it difficult to approach the authorities if they had a grievance against a company. But now there is hope.

Mutual Fund

What makes arbitrage funds safe for risk-averse investors looking at fixed incomes? MONEY TODAY gives a lowdown on this improved variant of short-term debt that allows you to fish safe, market-linked returns in calm waters

One of its Kind

MONEY TODAY and Value Research team up to analyse select new schemes being launched by fund houses

My Story