Investment Archives - Page 19 of 36

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…

Gold merits a seat in larger investment portfolio

April 22, 2019 Loknath Dasa, Gold, In, investment, larger, merits, portfolio;, Seat?

NEW DELHI: Down the ages, people have hoarded gold as a proven stock of value even in uncertain times. In civilizations like India and China that have witnessed invasions, disastrous natural calamities and at times mass migrations, gold has become the ultimate investment portfolio. No wonder, every family and every place of worship in these two Asian giants have hoarded gold. Two years ago, the Tirumala Tirupati Devasthanams at Tirupathi, which manages one of the world’s richest temples, deposited 2,780 kg of gold with the State Bank of India under…

Private investment in infrastructure must go up

April 12, 2019 Loknath DasGo, In, infrastructure, investment, Must, Private, Up

In addition to financial sector reforms, funding infrastructure through private sector participation needs reforms in the contracting mechanism.(AFP) The Bharatiya Janata Party (BJP) manifesto promises to spend Rs 100 lakh crore on infrastructure in the next five years. This can only happen if there is an increase in private participation, for which India needs to undertake financial sector reforms that encourage the creation of a pool of domestic long-term savings to be invested in infrastructure projects. The scale of investment targeted is more than what can be done through government…

Dream11 enters unicorn club with investment from Steadview Capital

April 10, 2019 Loknath DasCapital, club, Dream11, Enters, From, investment, Steadview, unicorn, With

New Delhi: Dream11, online gaming firm, on Tuesday announced the completion of a secondary investment by Steadview Capital, an Asia-focused alternative asset manager. The investment takes Dream11’s valuation at over $1 billion making it first Indian gaming company to enter the Unicornclub. “We are excited to welcome Steadview Capital on board. Our exponential growth over the past few years would not have been possible without the support and trust of our investors and Dreamsters (employees). Providing great returns to our shareholders, whether investors or Dreamsters, is very important to us and further…

Go-Jek In Talks To Close Investment Deals With Rebel, MPL

April 1, 2019 Loknath Dasclose, Deals, Go-Jek, In, investment, MPL, Rebel, Talks, to, With

Indonesia-based ride-hailing company, GoJek, is in advanced talks to close two investment deals with Mumbai-based cloud kitchen player Rebel Foods which runs Faasos and Bengaluru-based esports startup Mobile Premier League. Citing unnamed sources, an ET report said that GoJek is in talks to set up a joint venture with Rebel, where both the players will together invest $8 Mn – $10 Mn initially. With this, the company is aimed at taking Rebel’s cloud kitchen expertise into the Southeast Asian market. The report added that one of the senior executives from Rebel Foods…