Blog - Advisors India

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Reduce TCS; target of Rs 3950: Emkay Global Financial

Emkay Global Financial recommended reduce rating on TCS with a target price of Rs 3950 in its research report dated April 13, 2024.

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Fuel prices seen stable for now, inflation in check

Easing food inflation may also counteract some of the increases due to oil. In March, consumer inflation eased below 5% for the first time in five months. IMD on Monday projected an above-normal monsoon in 2024, which could help contain…

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#39;Amar Singh Chamkila#39; actor Diljit Dosanjh on breaking Punjabi stereotypes: I was told Punjabis can#39;t do fashion, dance, act, I proved them wrong

At a recent concert in Mumbai, which drew a large celebrity crowd, Diljit Dosanjh not only performed but also shared insights into his journey of breaking stereotypes.

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MahaRERA directs LT to deduct only 2% while terminating booking of NRI homebuyer

The state real estate regulator also critcised the would-be buyer for not meeting payment obligations despite repeated reminders.

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Vatika Limited fined over Rs 6 lakh by Gurugram RERA for violations

Vatika Limited has been found guilty of violating advance payment as well as buyer-builder agreement norms

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Shahid Kapoor#39;s travel itinerary leaked online

The itinerary showcased a packed schedule, with Shahid Kapoor set to jet off from Mumbai to Delhi before heading overseas to Tokyo, then Sydney, followed by a transcontinental leap to New York, Paris, Istanbul, and back to Mumbai via Abu…

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Gifting money to an NRI child: how is TCS calculated under LRS, and can you claim a refund?
A ₹25 lakh gift to an NRI daughter is tax-free in her hands, but the remittance may attract TCS under LRS. Here's how the rules differ for overseas and NRO transfers.
Got your Form 16 from employer? Here's what you should check before filing ITR
Form 16 forms the basis of income reporting in ITR. It is important to verify the details mentioned in it, including total income, tax deducted at source, exemptions, and deductions claimed during the financial year. 
Can EPFO recover PF money after employer’s violation? Telangana HC delivers key ruling
The Telangana High Court has ruled that EPFO cannot recover provident fund dues from an employee for an employer's alleged violation of EPF rules. The court said liability for transferring PF accumulations after surrender of the exemption rests with the employer and trust.
Why salaried taxpayers should not file ITR without Form 16: Key risks explained
According to Mrinal Mehta, Joint Secretary at Bombay Chartered Accountants' Society, while filing without Form 16 is legally permissible, it can expose taxpayers to several reporting risks if proper precautions are not taken.
China vs Russia — I asked Gemini which international solo trip is best under ₹1.5 lakh
If you want a trip where you can easily afford comfortable hotels, take high-speed trains across the country, eat wherever you want, and still have cash left over, choose…
Section 143(2) explained: Why the Income Tax Department may scrutinise your ITR this year
Sharp clarity on Income Tax scrutiny notices under Section 143(2) shows how returns are selected for verification, deadlines for notices, and compliance checks ensuring accurate tax filings and documentation. Check complete details now. 
RBI flags rising money mule fraud: Why sharing your bank account can be dangerous
Banks and regulators are warning about the risks of money mule accounts in online fraud as digital transactions rise. The RBI advises customers to safeguard their accounts and be cautious of suspicious requests, as fraud cases remain a significant concern in the banking sector.
Money-market fund vs short-duration fund: Where to park your cash and why
Money-market funds primarily invest in short-term instruments maturing within one year, while short-duration funds invest in a mix of debt securities and money-market instruments with a portfolio duration of 1 to 3 years.
Why FCNR deposits at 6-7.1% rates are attractive for NRIs
For most NRIs, the right way to use this window is to use their disposable savings to make a deposit for three to five years and leave the leverage to those equipped for its risks.
Gold curbs won't work. Financial innovation will
India's instinct to curb gold imports via higher duties and moral appeals is self-defeating—it drives up domestic prices, spurs exchange-traded fund inflows, and increases physical bullion demand. The solution is to shift gold ETFs to derivatives-backed structures to mobilise domestically held gold.