Finance : Examining how printing excess currency and unequal money distribution fuel inflation, disrupt cross-border trade, and widen econom...
Income Tax : Article discusses Meaning of Cost Inflation Index (CII) which is used for Computation of Long Term Capital Gain. Cost Inflation in...
Finance : Understand how inflation erodes purchasing power, affects savings & investments, and discover tactics to mitigate its impact on pe...
Finance : Discover hidden impact of taxation and inflation on fixed deposits in India. Learn how to calculate real return on investment and ...
Income Tax : Understanding the impact of inflation on income taxes. Discover how hidden tax hikes can occur due to fixed tax brackets and deduc...
Income Tax : Union Budget 2025 expectations include tax relief, GST reforms, R&D support, and measures for MSMEs. Common demands focus on easin...
Finance : Consumer price inflation in India went through three phases in 2022. A rising phase up to April 2022 when it crested at 7.8 per ce...
Fema / RBI : South Asia is most vulnerable to food inflation, given the large segment of our populations battling poverty. Moreover, this is a ...
Finance : Central Government, in consultation with RBI, has fixed the inflation target for the period beginning from the date of publication...
Corporate Law : The recent period of high agricultural commodity prices is most likely over, say the OECD and FAO in their latest 10-year Outlook....
Fema / RBI : Sub-section (iv) of the Section 193 of the Income Tax Act, 1961 stipulates that no tax shall be deducted from any interest payable...
Custom Duty : All the Custom duty Notification including Tariff and Non Tariff issued by Custom department in respect of budget proposals/provis...
Income Tax : Central Government, having regard to seventy-five per cent of the average rise in the Consumer Price Index for the Financial Year ...
वैश्विक उथल पुथल, बढ़ती जनसंख्या, मंहगाई, तेल के दाम, बेरोजगारी और सरकारी खर्च के बीच केन्द्र सरकार और राज्य सरकारों की पेट्रोल डीजल और गैस पर संग्रहित करों पर निर्भरता ने आम आदमी का जनजीवन हलाकान कर दिया है. राजस्व की वसूली सरकार द्वारा शास्ति, पेनल्टी, लेट फीस, ब्याज, आदि लगाकर जोर जबरदस्ती से करी […]
The Turkish lira, which sank 16% on Friday, plunged yet again (6.7% yesterday) to hit a record-low of 7.22 against the dollar. Contagion fears hit other emerging market currencies as well with the EM FX index declining by 0.7%. Meanwhile, the JPY appreciated on account of its safe haven demand and the USD index rose to a 13-month high level of 96.36.
Just the other day at lunch we all colleagues were discussing about our school / college days.. and one of my seniors said they had only doordarshan on tv while juniors discussed about nickelodean, hungama and so on. Seniors were nostalgic about the Vada Pav they had in break time for Rs 5/- and juniors were boasting about burgers in Mc Donalds.
Central Government, in consultation with RBI, has fixed the inflation target for the period beginning from the date of publication of the Gazette Notification (August 5, 2016) and ending on the March 31, 2021, as under: Inflation Target: Four per cent.
The proper running of any country needs a cleaver regulatory framework that should not be very lengthy and complex in itself but should be capable enough to keep a proper regulatory checks on everything so that things and situations don’t go out of control.
The recent period of high agricultural commodity prices is most likely over, say the OECD and FAO in their latest 10-year Outlook. But the two organisations warn of the need to be vigilant as the probability of a major price swing remains high.
Middle class who had been battling inflation for last so many years has been offered a chance to hope for a stream of some secured real income by way of interest on their hard earned savings at a rate that will increase with increases in levels of inflation.
Sub-section (iv) of the Section 193 of the Income Tax Act, 1961 stipulates that no tax shall be deducted from any interest payable on any security of the Central Government or a State Government, provided that nothing contained in this clause shall apply to the interest exceeding rupees ten thousand payable on 8% Savings (Taxable) Bonds, 2003 during the financial year.
Inflation eats into your money and reduces its purchasing power. To tackle this, you need to invest in products that beat inflation. Inflation-indexed bonds, due to be floated later this month, may be one such option.
It is a known fact that Indian economy has been hit hard by continuous inflation over past few years now and inflation has been on a rise unabated. In such a situation when country is passing through an inflationary phase, the returns, incomes, yield- everything fetches you a lesser value as inflation dents the value of return. Higher inflation results in negative or lower returns on financial instruments.