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    UR Bhat

    UR Bhat

    MD

    Dalton Capital Advisors

    10:51 am | 17 Apr 2014 |

    Nifty can even hit 8000 if NDA wins elections: Dalton

    UR Bhat of Dalton Capital Advisors sees equities doing well if the BJP is voted to power, and does not rule out the possibility of the Nifty hitting 8000 in the...
    Kishor Pate

    Kishor Pate

    CMD

    Amit Enterprises

    04:57 pm | 16 Apr 2014 |

    Nasik real estate: High investment potential

    Nasik has a four-fold economic configuration - pilgrimage economy, industrial economy, defense sector economy and a strong agricultural economy. In terms of ind...
    Anuj Puri

    Anuj Puri

    Chairman & Country Head

    JLL India

    03:42 pm | 16 Apr 2014 |

    Decoding DNA of Asian shoppers

    Chuan, Rajesh, Jeni and Amira all belong to the same ‘gene pool’ of purely first generation urbanistas who have moved away from smaller catchments in search...
    Anish Damania

    Anish Damania

    Head-Institutional Equities

    IDFC Securities

    01:39 pm | 16 Apr 2014 |

    See 10% correction in PSBs; bullish on Infosys: IDFC Sec

    Anish Damania believes the fundamentals of public sector undertakings are still not great and are done with rallying for the time being.
    Jitendra P.S.Solanki

    Jitendra P.S.Solanki

    Investment Adviser & CFP

    JS Financial Advisors

    03:40 pm | 16 Apr 2014 |

    How to avail double indexation benefits

    Indexation benefit is provided for capital gains on asset held for long term- 1 year or 3 year according to the asset category. The benefit let you index your c...
    Saurabh Mukherjea

    Saurabh Mukherjea

    CEO- Institutional Equities

    Ambit Capital

    10:59 am | 16 Apr 2014 |

    Ambit Cap eyes two years of market cheer; bets on cyclicals

    Mukherjea advises investors to focus on buying decently run companies available at attractive valuations.
    Sudarshan Sukhani

    Sudarshan Sukhani

    Technical Analyst

    s2analytics.com

    09:02 am | 16 Apr 2014 |

    Nifty poised for big move; remain long: Sukhani

    Watch the interview of Sudarshan Sukhani, s2analytics.com with Latha Venkatesh & Sonia Shenoy on CNBC-TV18, in which he shared his reading and outlook on market...
    Ashutosh Limaye

    Ashutosh Limaye

    Head- Research & REIS

    JLL India

    12:28 pm | 11 Apr 2014 |

    Trendsetters in retail space: Developers must gear up

    Mall space absorption continued to remain weak in 2013 from the low levels observed in 2012 across the leading seven cities of India. Factors that were responsi...
    Dipan Mehta
    According to Dipan Mehta now maybe the right time to enter economically sensitive sectors like banking, capital goods, autos, real estate since these sectors se...
    Balwant Jain

    Balwant Jain

    CFO

    Apnapaisa.com

    05:46 pm | 10 Apr 2014 |

    Did you know: 15 tax trivia

    Here are 15 trivia about taxation in India.
    Ronak Morjaria

    Ronak Morjaria

    Research Analyst

    Apnapaisa.com

    05:01 pm | 09 Apr 2014 |

    What to do with your first pay cheque?

    Warren Buffet said “Don’t save what is left after spending; spend what is left after saving”.
    Rajat Rajgarhia

    Rajat Rajgarhia

    Head of Research

    Motilal Oswal Sec

    12:56 pm | 12 Apr 2014 |

    Maruti, L&T, ICICI Bank, ACC top bets: Motilal Oswal Sec

    "These companies will be the ones who will reap the benefits even more whenever the up cycle will begin. These are the ones that should be looked more favourabl...
    Amit Trivedi

    Amit Trivedi

    Author & Founder

    Karmayog Knowledge Academy

    04:55 pm | 09 Apr 2014 |

    Should you invest in equity markets?

    Investment in equity is riskier than investment in debt of a company for the investor. However, the same could be highly rewarding. Since the owner of equity al...
    Tirthankar Patnaik

    Tirthankar Patnaik

    Strategist & Economist

    Religare Capital

    11:56 am | 12 Apr 2014 |

    Religare expects Q4 to be mixed-bag, picks top sector bets

    Tirthankar Patnaik bearish on financials and public sector lenders, but State Bank of India is the stock from the PSB pack which he likes.
    Nischal Maheshwari

    Nischal Maheshwari

    Head of Research

    Edelweiss Securities

    01:31 pm | 11 Apr 2014 |

    Nifty may rally 5-7% in next couple of days: Edelweiss

    Nischal Maheshwari believes there is still steam left in banks. Banks and industrial stocks will gain most in the coming rally, he adds.
    Arnav Pandya

    Arnav Pandya

    Financial Advisor & Writer

    06:10 pm | 07 Apr 2014 |

    When is capital asset considered for tax calculations

    There are a few key points in knowing when the process of transfer is complete and for this purpose it would be important to look at the asset that is being con...

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    Diipesh Bhagtani

    Executive Director, Jaycee Homes

    Om Ahuja

    CEO - Residential Services, Jones Lang LaSalle India

    Subhash Lakhotia

    Tax Consultant

    Anil Rego

    Founder and CEO, Right Horizons

    Lovaii Navlakhi

    MD & Chief Financial Planner, International Money Matters

    Arnav Pandya

    Financial Planner

    Balwant Jain

    CFO, apnapaisa.com

    Suresh Sadagopan

    Certified Financial Planner, Ladder7 Financial Advisories

    Umesh Rathi

    CFPcm, Arihant Capital

    Questions & Answers

    A

    Arnav Pandya

    Financial Planner

    If you want to save beyond the amount of deductions that you get then you should invest in tax free bonds or earn dividends from mutual funds that are tax free rather than earning income that is taxable in nature.

    Q

    BRPATEL_RX: Sir, I want to give around 49000 rs as cash gift to my wife for tax saving FD. How can I declare my gift amount in IT return filling for tax exemption. Under which section, this amount can be declared. I am salaried employee and I comes under 20% tax slab while my spouce is housewife.

    A

    Arnav Pandya

    Financial Planner

    You can gift the amount to your wife but any income that is earned from the investment of that amount by your wife would be considered as your income and you would need to show the income earned on the amount in your tax return.

    Q

    vnpbnp1975: I have a combine Medical Insurance policy for Myself my parents. My basic premium is Rs 3060 & my senior citizen parents basic premium is Rs 20520 (10260+10260). Total Gross basic premium I paid is Rs. 23580. On this Service tax is Rs. 2915 and hence net premium is Rs. 26495. My question is how much I can claim tax exemption under 80D For self and for senior citizen parents. For self can I also claim Service tax amount beside basic premium of Rs. 3060?

    A

    Arnav Pandya

    Financial Planner

    You can claim the full amount that you have paid as premium for you and for the amount that is paid for your parents an amount upto Rs 20000 can be claimed. The amount of service tax can be included in both the individual calculations while arriving at the amount that is actually allowed as a deduction.

    A

    Arnav Pandya

    Financial Planner

    There are several conditions that determine the amount of leave encashment that is exempt. One is whether this is received during service or at the time of retirement. If it is at the time of retirement then the type of entity where you were an employee decides the extent of the amount that is exempt. Since you have not given details on both these fronts it is very difficult to say what is the exact amount o leave encashment that is exempt for you.

    A

    Arnav Pandya

    Financial Planner

    As per the details provided by you the taxable income that you have is above the basic exemption limit of Rs 250,000 that will be available for you and hence there could actually be a tax liability for you.

    Q

    sid54321: Dear sir i have a tax saver FD with five years locking period opened in financial year 12-13. Can i take tax rebate from this FD in financial year 13-14.

    A

    Arnav Pandya

    Financial Planner

    A tax deduction under Section 80C for a fixed deposit can be taken only in the financial year in which this has been made. So if you have made the investment a year ago then the tax benefit here cannot be taken again.

    Q

    rnp_111: I am paying rent of Rs 50000 every month and my salary is Rs 12 lakhs. How much rent can I claim for tax deduction? Do I need to provide any documents?

    A

    Balwant Jain

    CFO, apnapaisa.com

    In case you are in receipt of HRA from your employer, your employer will grant you an exemption in respect of your HRA. The amount of such exemption is least of 1) Actual HRA received 2) Excess of rent paid over 10% of your basic salary or 3) 505 of your basic salary if you are staying in metro city and 40% in case you are staying in other place. However in case you are not in receipt of any HRA and are still paying the rent you can claim deduction for such rent paid under Section 80 GG of the Income Tax Act. The deduction allowable shall be lowest of the following 1) Excess of rent paid over 10% of total income 2) Rs. 2,000/- per month 3) 25% of your total Income.

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