You need not pay even a rupee as tax if you’re over 65, earning a monthly income of around Rs 25,000 and if you’ve invested the mandatory Rs 1 lakh in instruments that qualify for tax exemption under Section 80C.
Read the impact on stocks of nine sectors that are likely to be most affected by the Budget proposals. We also list out some of the stocks in each sector that you might want to consider buying or selling.
Service tax has come a long way from the time when it was imposed at 5% on telephone bills, stock-broking charges and general insurance premium. The tax rate has since jumped to effectively 12.36%, including the cess. This Budget has added four new services in the tax net, taking the tally to 104.
The Budget has raised your post-tax income. How best can you invest this extra cash? The options are many and almost equally attractive—or so they seem. Our columnist takes your through the choices to prove why equities should be your first—and perhaps the best—bet.
The small-cap universe is a treasure trove of bargains—provided you can spot them. Between the four stocks listed on this page and the one that Mudar Patherya analyses in detail in his column, we will track five small-cap stocks in every issue.
Initial public offerings had been veritable treasure troves for several years now. But the treasure seems to have turned into trash after the Reliance Power issue. But really, the fault was not of the IPO but of the investor.
The government’s annual budget keeps track of the country’s income and expenses. You need a family budget for the same reasons. Once you track your income and spending, you will know how much you can invest.Existing slab rates (Financial year 2007-2008)Income-tax calculator
Tata Growing Economies Infrastructure Fund provides two plans. The Fund Manager's role is to generate capital appreciation by investing in stocks of infrastructure companies in India and other growing economies of the world.
Price is not the same as value. The most expensive product isn’t always the best value for your money. This section highlights the least expensive model in a product category. If price is of no consequence, check out the most expensive model.
You might have an account with a wellknown bank that gives you great service—but which has only a handful of ATMs in your city. The lack of ATMs can be a limitation, especially when you see State Bank of India or ICICI Bank ATMs on almost every street.
A club room is no longer just a larger space with fancier toiletries. At the same time not all business travellers need to check into one. Here’s how to decide if the executive floor is really worth it
The investment intelligence of youngsters is little known. However, as the story and the survey revealed, today’s generation is not blindly blowing up it’s runaway salaries. Instead, by investing early they have taken a jump-start in the process of wealth creation.