Prashun Talukdar | Last Updated: June 26, 2016 14:05 (IST)
More and more vehicle owners are opting for zero depreciation, commonly known as 'zero dep', covers, which offer full claim without deduction for depreciation on the value of parts replaced. In a regular cover, in a case of a claim you have to pay partly from your own pocket to account for the depreciation in the parts replaced. However, the zero depreciation cover comes at a higher cost than the standard auto insurance cover.
NDTV Profit Team | Last Updated: June 16, 2016 11:06 (IST)
Indian stocks markets fell sharply today, tracking a selloff in global markets. Sensex fell over 400 points while Nifty slumped below the 8,100.
Reported by Abhishek Vasudev | Last Updated: June 13, 2016 12:47 (IST)
Sensex as much as 373 points while the broader Nifty tumbled below its crucial psychological level of 8,100 on the back of broad-based selling pressure amid weak global cues. However, the Sensex came off the intraday low levels and closed 239 points lower at 26,397 and Nifty declined 59 points to end at 8,111.
Written by Renu Yadav | Last Updated: June 11, 2016 15:05 (IST)
Your employer has deducted excess tax. You have failed to declare your investments on time. Don't worry you can claim the excess tax back from the income tax department.
NDTV Profit Team | Last Updated: June 07, 2016 10:00 (IST)
RBI Governor Raghuram Rajan is likely to keep the benchmark repo interest rate unchanged at a five-year low of 6.50 per cent at a policy review today, most of the economists said.
NDTV Profit Team | Last Updated: June 07, 2016 09:34 (IST)
At about 11 a.m. today, Reserve Bank Governor Raghuram Rajan will take a decision on cutting the benchmark repo rate, which at 6.5 per cent is the lowest in five years. But, the buzz this time is around whether Dr Rajan's tenure, which ends in September, will be extended. Another talking point is whether this will be the last monetary policy with Dr Rajan's stamp.
Written by Renu Yadav | Last Updated: June 05, 2016 11:17 (IST)
Taking a loan to buy a house comes with many tax benefits. Many of us know that deductions of up to Rs 2 lakh in interest component of EMI and Rs 1.5 lakh in principal are allowed under income tax rules. But there are other important tax rules a borrower should be aware of.
NDTV Profit Team | Last Updated: June 01, 2016 14:03 (IST)
A number of goods and services cost more from today, with some Budget proposals kicking in. In a double whammy for the common man, the prices of several essentials are also up, following a sharp rebound in global commodity prices.
Written by Renu Yadav | Last Updated: June 01, 2016 13:08 (IST)
The Central Board of Direct Taxes (CBDT) has notified rules regarding equalisation levy, a tax which will be levied on income arising to companies like Google, Facebook, for providing services like online advertisements to professionals and businessmen of India.
NDTV Profit Team | Last Updated: May 14, 2016 11:31 (IST)
Many employees forget to transfer the balance from their previous provident fund (PF) accounts when they change jobs. Some of them even withdraw the money from the PF account. Since PF is meant for one's retirement years, financial experts suggest that the accumulated savings should not be withdrawn during one's working years. To encourage employees consolidate multiple accounts, Employees' Provident Fund Organisation (EPFO) has launched a special drive called "One Employee-One EPF Account".
NDTV Profit Team | Last Updated: May 11, 2016 14:23 (IST)
The government on Tuesday said it will amend a three-decade old treaty with Mauritius, which will enable India to impose capital gains tax on investments coming from the African island nation starting next year.
Written by Renu Yadav | Last Updated: May 08, 2016 11:12 (IST)
Typically, the deadline for filing income tax return of the previous financial year is July 31. Though you have time in hand, it is always better to start preparing early to avoid the last minute scramble. You can use a checklist of documents that you need to keep in handy to avoid mistakes in filing your tax return.
NDTV Profit Team | Last Updated: May 03, 2016 18:17 (IST)
The government last week released 84 pages of income tax data, covering individuals as well as corporates, spanning a period of 16 years since 2001-02. The data covers (1) PAN allotment statistics in FY2014, (2) a time series data from FY2001-15 and (3) a deep-dive into FY2012 numbers. Kotak Equities carried out an analysis of FY12 data.
Agencies | Last Updated: May 02, 2016 15:55 (IST)
Parliament may soon clear a new law to deal with bankruptcy.
NDTV Profit Team | Last Updated: April 29, 2016 18:53 (IST)
For the first time, the tax department has made public a solid amount of data on income tax for 16 years, including the earnings disclosed by different categories of people. "It's a big step for transparency," said Prime Minister Narendra Modi. A total of 84 page data has been released and put in the public domain for the first time, an official said.
Agencies | Last Updated: April 28, 2016 14:57 (IST)
Tokyo: Automaker Mitsubishi Motors Corp (MMC) says it used non-compliant fuel economy testing methods in Japan for as long as a quarter of a century.
Agencies | Last Updated: April 20, 2016 16:08 (IST)
Bengaluru: Confronted by protests - including a riot in Bengaluru that saw buses and police jeeps set on fire - the government has cancelled controversial new rules on when you can withdraw money from your provident fund, which serves as a savings plan for when salaried workers retire.
Edited by Raija Susan Panicker | Last Updated: February 29, 2016 15:49 (IST)
"Good", "Bad", "Clever". It's a mixed bag of reactions to Finance Minister Arun Jaitley's Budget today that focused heavily on farmers and the rural sectors, ahead of crucial elections in key states.
Last Updated: May 16, 2015 18:00 (IST)
Indian and Chinese companies signed deals worth $22 billion in Shanghai on Saturday, soon after Prime Minister Narendra Modi made a strong pitch for the two countries to work together in an address to the India-China Business Forum. External Affairs Ministry spokesperson Vikas Swarup in a tweet shared an official document containing details of the agreements signed between Indian and Chinese companies, spanning industries including renewable energy, power infrastructure and steel.