Most of the 93 per cent, who rely on their own half-baked strategies or strategies rented from brokers, are sure to lose money in F&O trading
The DAP does not consider past I-T returns to match a taxpayer's resources with their expenditures or investments
The government needs to introduce competition between EPFO and NPS, and between ESIC and health insurance companies, while making contributions voluntary for low-paid workers
Tax relief should target pre-packaged term and health policies, ensuring availability to seniors and those with impaired health, thereby reducing their costs
The proposed simplification of the tax code offers a chance to instil accountability, following the model of the Public Service Guarantee Acts
When the government reintroduced taxation on listed equity in 2018, it took care to exempt capital gains accrued until the date of the 2018 budget
The administration of the income-tax department is in a poor shape today. Taxpayer appeals have piled up for the past five years with zero accountability by the tax department
While these MF products are not systemically important yet, data about them should be made public for academics and investors to do research and challenge incorrect conclusions
Keeping surplus money in the bank account has become risky. Bank employees sometimes target such money to mis-sell products
I reminded Meera that although Karan's parents had a large bungalow in his hometown, professional opportunities had brought them to Mumbai. Their children might behave similarly
An enabling ecosystem where financial planning is popular will allow investors to feel comfortable while making suitable investments based on goals, risk-taking abilities, and resources
If levied, within 20 years we will see a repeat of V P Singh's 1985 Budget speech proposing abolition because of its meagre yield and high cost of collection
Comprehensive planning would include managing anxiety, identity loss, and loneliness; creating a comprehensive health routine; tackling social and relationship issues
Policyholders are not the only sufferers. Taxpayers subsidise insurers' and banks' profits via unjustified tax concessions given to the maturity value of life policies
A standard rate chart for hospitals across the country is impractical as it doesn't consider real estate costs that vary widely across locations
After ignoring the symptoms for some time, I went in for a check-up on New Year's Day, only to get the shocking news that I would have to undergo a coronary artery bypass
A good loan must fulfil the AA criteria: it should 'add' to assets or income and should be 'appropriate', meaning EMI shouldn't exceed one-third of income
The Securities and Exchange Board of India's (Sebi) recent consultation paper aimed at overhauling nomination facilities for mutual funds and securities in demat accounts seeks to rectify such issues
His constant lament was that he longed for a budget, which would make zero changes in the Income Tax Act
Tax officials must be required to go through responses submitted by the taxpayer quickly and ask follow-up questions within a fixed time limit