ITR Filling Process – How to File Income Tax Return Online

Tax filing is in full swing and thousands of taxpayers are mostly struggle on how to file income tax return. Websites like ClearTax capture the data from your Form 16 when you upload the document on the website, and help you if you are confused on how to file income tax return. Follow these 7 simple steps to file income tax return online. Step 1: Gather All Documents Form 16 is the single-most important document to file income tax return for salaried individuals. Form 16 is an annual statement issued…

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Forex Trading: Do it The Right Way

The many myths around currency trading By Jitendra Parasher It’s quite common to see alluring advertisements in business publications, online platforms and television channels about the magical wealth creating potential that currency trading offers. Currency trading is often pitched to consumers as less riskier than buying or selling stocks, and more steadily profitable. In general, forex or currency trading is a big black box for small investors. Those who get into it, taking the bait of offered by clever marketers, often find themselves trapped in a vicious cycle of loss…

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The Ambition To Leap

If India continues on its current growth course, it could have a $5.6 trillion economy in 20 years. To create a $10 trillion economy, India will need to accelerate its growth to 9% CAGR over the next 20 years. A recent report by services firm PwC suggests the way forward.

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State of The Economy

Sustained economic revival needs a slew of measures, at regular intervals, over a period of time, and in a coordinated manner By Alam Srinivas Last week, a friend accosted me at a Delhi club. He asked me, “Why don’t you write a book on the slowdown in the Indian economy and when the good days are likely to arrive? Everyone I meet – from a mid-level manager to owners, big and small, from an auto rickshaw driver to a construction worker – wants to know the answers.” The conversation set…

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Money Chat

A monthly series in The Finapolis where we talk to a diverse set of families to understand their attitude towards fi nancial planning. Our in-house fi nancial advisor offers his suggestions for a more robust portfolio. If you’d like to talk to us and be featured, write in to: feedback@thefi napolis.com Monish Selvadia, 32, was born and raised in Mumbai. The family is into the business of trading and manufacturing of diamonds and diamond jewellery. He joined into family business 15 years ago while studying his B.Com degree. His wife…

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Harnessing Consumerism

KV Kamath is non-executive Chairman of Infosys and of ICICI Bank. An alumnus of IIM, Ahmedabad, he began his career in 1971 at ICICI, and played a crucial role in transforming ICICI into a technologydriven financial services group and the first universal bank in India The Indian economy is at a critical juncture in its time in history. It is important to identify our biggest opportunities and work towards leveraging them. In my opinion, they are our demographic dividend, the emergence of a large consuming class, especially growing rural consumption,…

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From Greece To China: A Global Contagion

The Indian markets have been resilient in the face of global instability. But dithering on reforms could suck us in too By Kiran Nanda Global financial volatility and uncertainty have become the ‘Writing on the Wall’ for emerging markets including India. However, India’s large foreign exchange reserves cushion has made the rupee more resilient to global shocks. Apart from developments like the Greek debt issue and Chinese meltdown, the divergent central bank policies and commodity markets losing their way in the changed environment pose risks of a new crisis. For…

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