Harsh Roongta, Mahesh Padmanabhan, Anil Rego answer the most sought after questions on Budget Day.Illustration: Dominic Xavier/Rediff.com Rediff Q: What are your Budget expectations/wishlist? Harsh Roongta, Investment Advisor, harshroongta.com • Fiscal deficit in control for the next year as per FRBM.• Aggressive tax compliance assumptions will be taken.• Aggressive growth assumptions for agri and manufacturing will be assumed.• DBS and electronic payments for all ... Rediff.com, 2 months ago
A rightly chosen ULIP can be a competitive investment, but the investor needs to ensure that his relationship manager has put him ahead of the commissions that the product pays, says Anil Rego, CEO, Right Horizons.Illustration: Dominic Xavier/Rediff.com Ganesh Shankar, 68, was coaxed into buying a unit-linked insurance plan (ULIP) by his relationship manager. The 10-year plan has an annual premium of Rs 1 lakh. When Shankar received the policy statement in the third year, he realised that the ...Rediff.com, 6 days ago
From April 1, subscribers will be able to change investment option & asset allocation twice a year, instead of once.Use greater flexibility offered by pension schemes judiciously, experts tell Sanjay Kumar Singh.Illustration: Dominic Xavier/Rediff.com Until now, subscribers in the National Pension Scheme, NPS, could change their investment option (active or auto choice) and asset allocation (the percentage allocation of your investments to different asset classes such as equities, ...Rediff.com, 1 month ago
Increased income tax collection is going to be a major consequence of going cashless and this should promise a future of lower taxes and higher purchase power soon, says Anil Rego The advent of demonetisation has transformed the way money we handle money in India these days. Going cashless has been touted and promoted as the way forward. The common people have strived to adopt it in all walks of life. Being in the tax season, and connecting everything to taxes, read on to how going cashless ...Rediff.com, 1 month ago
on your WebpageAdd Widget >Get your members hooked!