Page 649 - Personal Finance

Severance pay is not taxable

A recent high court judgement classifies such income as capital receipt

Debt Counselling: Sanjay Agarwal

Filing income-tax returns gets more complicated

Those with annual income of more than Rs 50 lakh will have to furnish a lot of additional details

Don't blindly emulate promoter buying

While such buying could indicate confidence in the business, investors should do a comprehensive evaluation before getting into the stock

New order in the IPO market

With e-commerce, payments banks and general insurance companies entering the market, investors will have to work on their understanding of these sectors

Case study

Realty check

Budget: Rs 50 lakh-1 crore

Sharp cuts in lending rates to take some more time

New method of calculating the benchmark has already led to a reduction and now Reserve Bank of India's move will first spur a deposit rate cut

MCLR may not help retail borrowers too much

Banks will introduce hybrid home loans with stiff penalty on prepayment and shifting

Rates slated to come down

When banks and NBFCs start cutting lending rates, share prices will gain

Panama Paper leaks: Disclose all foreign accounts, assets

If you fail to pay tax on foreign income, you could be penalised up to 300% of the tax due

Case study

Banking: Rajiv Anand

Has good civic infrastructure, connectivity to industrial pockets

: Wakad, Pune

Compensation for frivolous appeals

Strong FDI flows need stability

Current investment driven by hope of future change

Use the right measure of return

The metrics will change depending on the nature of investment

CBDT processes 6.53 lakh online rectification requests in ITR

Section 154 of the Income-tax Act provides the taxpayer with an option to seek rectification of mistakes in record

It isn't easy for a debt fund investor

For existing investors, it is a good time to take a re-look at your portfolio; new ones need to be more careful

Lessons from the Sharepro scam

After every corporate announcement, check your demat and bank accounts for necessary credits