Investment Archives - Page 18 of 35

India tops in investment in Dubai’s gold sector

May 26, 2019 Loknath DasDubai's, Gold, In, India, investment, sector, Tops

Indians lead the top 10 nationalities investing in Dubai’s gold sector followed by the citizens of Pakistan, Britain, Saudi Arabia, Switzerland, Oman, Jordan, Belgium, Yemen and Canada, according to a new report. As many as 4,086 companies operate in the gold sector in Dubai and the number of investors stands at 62,125 including 60,012 businessmen and 2,113 businesswomen, the Business Registration and Licensing (BRL) sector in the Department of Economic Development (DED) said in its new report. The report includes statistics on the number of companies operating in Dubai, the…

State of Economy-VI: Booster investment dosage needed to fire-up slacking consumption

May 20, 2019 Loknath DasBooster, Consumption, dosage, Economy-VI:, fire-up, investment, Needed, of, slacking, State, to

MUMBAI: A booster dose of government and private sector spending along with cheaper rates of finance are required to kick-start India’s consumption driven demand, industry observers opined. To put it simply, the overall economic growth is expected to decline on the back of slacking consumption due to farm distress, global headwinds and stagnant wages. These have cumulatively hampered sales, thereby restricting production and as a result stalled job creation. Furthermore, the slowdown has become evident in sectors such as automobile, FMCG and aviation. “Consumption in India has slowed due to several factors, including low…

China Trade Drama Makes This A Good Time To Invest

May 18, 2019 Loknath Dasa, China, Drama, Good, Invest, Makes, This, Time, to, trade

Now that President Trump’s China trade drama has caused another dip, readers are asking if this is a good time to invest? The best time to buy stocks is when they are down for reasons that have little to do with the company, and this is one of those times. But don’t plunge into the market and don’t wait for a more perfect time to invest. Make small investments that you won’t need to disturb for at least 5 years. Last year the U.S. economy produced a little over $20 trillion of…

SoftBank arm may venture into India with Loginext investment

May 14, 2019 Loknath Dasarm, India, Into, investment, Loginext, May, Softbank, venture, With

SoftBank Ventures Asia, an early-stage funding arm of Japan’s internet and telecommunication giant SoftBank, might enter the Indian market with an investment in logistics management software provider Loginext Solutions Pvt Ltd. According to various sources, SoftBank Ventures Asia has been in talks with Loginext since April. Interestingly, Loginext is backed by Vijay Shekhar Sharma’s Paytm, in which SoftBank has a major investment. Founded in 2000, SoftBank Ventures Asia is based in Korea and it scouts for start-ups with a strong potential in Asia, the US, Israel, and the EU, focussing…

Tax on debt investment in 2019: Here’re the applicable taxes on various instruments

April 30, 2019 Loknath Das2019, applicable, debt, Here’re, In, instruments, investment, On, Tax, Taxes, The, various

The various debt-oriented investment options available in the market such as bank fixed deposits, recurring deposits, post office savings scheme, national savings certificate, debt-oriented mutual funds attract DDT is paid by the enterprise which is issuing the dividends. | Photo Credit: Representative Image New Delhi: Individuals select the investment options on the basis of their respective objectives, risk-taking capacity and the benefits offered by an investment scheme, be it a debt-related investment option or an equity-oriented investment option. The taxation on different types of debt instruments varies on the basis of specifications…

Why You Should Never Forget to Submit Your Investment Declaration Form

April 29, 2019 Loknath DasDeclaration, Forget, Form, investment, never, Should, Submit, to, Why, You, Your

The first month of the new financial year is soon coming to an end, and all salaried employees would be eagerly waiting for their monthly payout. But if you did not submit your investment declaration form, your monthly salary slip can throw you off. If you missed your investment declaration deadline, your employer would have over-calculated your tax liability and deduct the excess tax due from your salary for the following month. There is no reason to panic since you have time till 31 March 2020 to make the necessary…