Cover Story
- Filling your income tax return form correctly will save you a lot of unnecessary trouble later. Shalini Jain tells you how to do it.
- Surabhi Marwah explains the implications of tax deduction at source for the salaried employee.
- Rajesh S examines the tax laws applicable to NRIs and those earning overseas.
- If you get salary arrears or a bonus from a previous employer, the tax implications could be greater than you thought, writes Preeti Goel.
- It’s not the end of the world if you miss the deadline for filing returns, says Amit kumar Bherwani.
- Mayur Desai tells you why you need not panic when you get a notice from the income tax department.
- The S factor will make the income-tax laws more effective and possibly help in taking the economy ahead, says Amitabh Singh.

Beyond equity funds
If you are a new investor, use this series as a stepping stone. If you have already started investing, this could show if you’re on the right track.Benchmark Split Capital performs well
Sensing uncertain times ahead mutual funds are turning to defensive stocks like Dabur and Hindustan Unilever. Money Today and Plexus Management evaluate ING Latin America Equity Fund which is an open-ended fund of funds equity.'Always invest through an SIP'
Invest through a professional intermediary like a mutual fund. Never try to time the market. Always use a systematic investment plan. Invest through a product that best suits your risk appetite. When we carried "Four Ratios to Know", it was to inform you about the tools that fund managers use. We expected to receive a few responses from readers saying it was too complicated and could we address the lay investors, please. We did get those reactions-but they were in a minority.
Your world: Currencies
A snapshot of the rupee’s performance to aid you in making overseas investment and travel decisions.
Mastek stands out among IT stocks
BSE-Smallcap and Midcap indices were the worst hit, but they are recovering fast and have gained the most in the past quarter. Dipen Sheth further reduces equity exposure a bit and evaluates the prospects of some stocks recommended by our readers. Rating of companies coming out with IPOs doesn't help investors because it doesn't focus on the issue price.
The right start...
...to a property search is a must.The most convenient option these days is real estate portals. We scour the Net to tell you which ones to bet on.
Dignity for customers
When we offer a licence to a bank branch, it is like providing public good in that area much like electricity or telephony, and the spirit of this licence must be respected.
Who wants to simplify IT act
We exempted Sikkim from income tax. PAN cards are a valid form of identification but there is no way we can give citizens of Sikkim PAN cards. The Chinese may have a point. The vigorous turnaround of the ferro alloys sector has highlighted the usual suspects. The unlikely underdog is clearly Maithan Alloys, a company that has been low on profile but high on achievement. The real fun happened when a client indignantly called up to demand why a couple of the top performing stocks in Wealth Zoom were not present in her portfolio.
All that you need to file returns
Filling up a tax return form can be child’s play and can be done in 25-30 minutes—provided you have the required information at hand. For a salaried person with no other source of income, Form 16 contains all the information that he needs.
Tax filing 2008
Till recently, the thought of filing tax returns was good enough to make a strong man weep, but gone are the days of handling a bunch of paper forms. Online filing has changed the way you look at tax returns.Filling it correctlyGot notice? Don’t panicArchive: The ABC of tax
Market share as a stock tip
A company with the largest market share may also be a good stock to pick if you know what other parameters to look for before you buy. Being a parent is possibly the toughest financial responsibility.Are you ready to live up to the task? We help you find out.
Has the means, needs the will
Amritsar-based Sham S. Goyal must construct a financial plan to maximise the returns from his income—and another one for the imminent hike in his income.
Private gains, public good
Despite the qualification and opportunity to be a top corporate executive, Sridhar Rajagopalan chose to experiment with a unique enterprise—and succeeded.
Make your PC entertainment ready
We conducted a straw poll among colleagues and friends to find out what they used their home computers for most of the time. Work, we fondly thought; but no. It's the entertainment aspect of a PC that seems to be the most coveted and appreciated.
High teak
The prices of things you require post-construction to make your house liveable have also shot up. Here’s one such thing—teak wood.
Win in the short term
A renowned financial consultant turns conventional wisdom on long-term stock investing on its head by recommending tools and strategies to time the market and maximise returns, says Babar Zaidi.
Animal instinct
Forced into jewellery designing, Geetika Nigam, 30, gave it up for her first love—animals. Today, she runs a popular Gurgaon-based pet grooming agency that offers to primp your dog in the comfort of your home.
'Story on health insurance was an eye-opener'
We are glad that you found the story useful. As you rightly point out, expensive medical facilities have made health insurance a necessary investment.