Lied in your tax return? You are liable, not your ITR preparer and here's how to save yourself

THE ECONOMIC TIMES Tue, Jul 31, 2018 | 06:31 AM IST ET Wealth Newsletter

WHAT'S HOT #RERA,#sukanya samriddhi yojana calculator,#income tax,#tax filing,#critical illness,#taking a personal loan,#tax saving

Lied in your tax return? You are liable, not your ITR preparer and here's how to save yourself Thousands of taxpayers file faulty tax returns. For that, the taxpayer is liable, not the ITR preparer. 7 ITR filing 'clever' moves that the tax department will spot easily One might find it easy to get away with small changes in declaring facts or hiding minor details while filing ITR but these acts must be avoided. Seven small steps that can help you save lakhs in 10 years From cutting down on caffeine to being more energy efficient, here are some cost-cutting measures that can help you accumulate a tidy sum. Inside PayPal's second coming in India It may not be right to see PayPal's charge with the same lenses as India's freshly minted payments firms. Airtel manages to hold on in the face of Jio's onslaught It is important for incumbents to focus on implementing the right subscriber-retention strategies instead of matching Jio's price points. Rising fuel costs end three-year dream run for airlines A falling rupee has added to their woes, and the going will get even tougher. From our Partners FAQs About Recurring Deposits: Everything you need to know Unlike Fixed Deposit, you can deposit a fixed sum with your Bank or Post Office for a pre-defined term every month. From our Partners Healthcare rates could be 20% lower than CGHS under Modicare The National Health Protection Scheme (NHPS), more commonly known as 'Modicare', is set to provide common treatments such as C-section, knee replacement, and coronary bypass surgery at rates that are 15-20% less than what's offered by the Central Government Health Scheme (CGHS). 5 mid and small cap stocks you can consider buying now The recent bloodbath in mid- and small-cap stocks can be attributed to forced selling by mutual funds following the recategorisation exercise. Auto and ancillary sector prospects are bright: Here are 8 stocks to buy now Government thrust on infrastructure spending, pick up in economic activity and enhanced rural income have improved the sector's prospects. Top Mutual Funds SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%) JM Core 11 Direct Plan-Growth 8.94 3.37 11.72 17.00 JM Core 11 Fund-Growth 8.86 2.95 10.82 15.39 Axis Bluechip Fund Direct Plan-Growth 5.16 11.62 23.27 14.31 ICICI Prudential Nifty Next 50 Index Direct-Growth 4.68 -3.32 6.77 13.86 IDBI Nifty Junior Index Fund Direct-Growth 4.61 -3.61 6.09 13.55 FeaturedDSP BlackRock Focus Direct Plan-Growth ★★★★★ 6.25 -0.34 7.52 9.77 Start SIP Balanced advantage versus balanced mutual funds: Which is better? What you need to focus on is if there is any merit in the 'advantage' tag and if these are better options than normal balanced funds. 10 career lessons from the game of poker Whatever the situation or the lay of cards, there is always a good move to be played by you. Here are some good moves for your career.

Financial Calculators New LTCG tax calculator: Plan, compute your tax Use this tool to calculate long-term capital gains (LTCG) and the corresponding LTCG tax for listed shares and units of equity-oriented mutual funds. Tax Impact Calculator This tax calculator will help you estimate your tax liability. Just input your personal income details and know how much you would be liable to pay.

Consumption stocks are likely to gain from GST rate cut Of the 50-odd items that are under 28% tax slab, 19 will see a cut in taxes. Tax rates on select items from other slabs of 18% and 12% have also been lowered. Equity MFs can help ensure your investment income beats inflation after retirement: View Retirement takes place on an appointed day, but retired life can last decades. Confusing the two could lead to financial problems in old age. How to ensure safety of financial data on digital platforms These simple measures can ensure that you do not become a victim of fraud, even as you continue to enjoy the benefits of digital transactions. Credit card lost, misused? Here's how to claim compensation The cardholder should notify the bank about the loss and block the card's usage to ensure that diligent action to minimise loss has been taken. Financial planning skills are best learnt from parents, not at school The responsibility of nurturing the right attitudes about money which play a key role as an adult, lies primarily with parents and not the school. Realty Hotspot Series: What makes Bellary Road, Bengaluru an attractive residential destination In this week's realty hotspot series we turn the spotlight on Bellary Road Bengaluru which is well connected to the rest of the city. Why debt-to-income ratio is as important as credit score while taking loans While the credit score mentions how the earlier loans were serviced, it says nothing about the ability to service more loans. We need to educate people about benefits of insurance: G Murlidhar, Kotak Mahindra Life Insurance "We are focusing on protection products, both in the group and individual segments. These accounts for 22% of our total premiums," says Murlidhar. How to invest in ELSS to save tax ​An essential requirement for investing in mutual funds is KYC compliance by providing proof of address and identity which is mandatory for ELSS too. SBI Magnum Multicap Fund: Dependable flexi-cap offering Rather than being driven by a single fund manager, a team of in-house analysts contributes the best picks within each sector under the fund's coverage. Family Finance: Why Iyer needs to increase his equity investment Deepak Iyer is an IT professional and stays in Pune with his wife and son. With a high realty skew, they will now need to invest in equity to reach their goals. Stock pick of the week: Why analysts are bullish on SRF A sharp cut in valuations, capex aimed at cutting costs and improving prospects of its nylon fabric business have made SRF analysts' top pick. MF Portfolio Doctor: Why Jain's ambitious goals are within easy reach The Portfolio Doctor assesses the health of the fund portfolio, examines the schemes and recommends corrective measures. Startup Squats offers tailor-made fitness solutions Squats, a Pune-based health and wellness startup founded by Jitendra Chouksey, is fast becoming fitness enthusiasts' favourite go-to place. Alternative investment returns monitor: For the week ending July 25, 2018 Here's a weekly tracker of returns from Alternative investments but don't compare these with returns from traditional investments.

More Newsletters

ET Mutual Fund A weekly round-up of the top news and views

Markets Watch Round up of stock, currency, bond, money and real estate market

Daily Newsletter Special stories that round up the major developments of the day

View All

Follow Us on ET:

About us|Advertise with us|Feedback|Sitemap|Code of Ethics © 2018 Times Internet Limited.

To ensure delivery directly to your inbox, please add etnotifications@indiatimes.com to your address book today. If you are having trouble viewing this newsletter, please click here

To unsubscribe or edit your subscriptions please click here

If you are looking for tomorrow’s winners, India is already giving you enough cues

THE ECONOMIC TIMES Fri, Jul 27, 2018 | 06:31 AM IST ET Investment Opportunities

If you are looking for tomorrow's winners, India is already giving you enough cues Today, a customer does not mind waiting a couple of months for a premium motorcycle. How a company's debt can influence shareholder earnings Financial leverage entails use of borrowed funds to carry out expansions with expectation that benefits in form of additional income will exceed cost of borrowing. How to earn money from stock market Investing in stocks is simple, but not easy. It requires passion, patience and discipline. Gold can be best viewed as alternate currency, not investment Gold's utility as an investment is still not a settled matter. The metal doesn't score very well on factors like returns, liquidity and stability.

Advertorial 4 Excuses women make for not having a health insurance cover A majority of women living in non-metros who don't have health insurance are under the notion that they are very fit and healthy, according to a survey. Advertorial FAQs About Recurring Deposits: Everything you need to know Unlike Fixed Deposit, you can deposit a fixed sum with your Bank or Post Office for a pre-defined term every month.

Top Mutual Funds SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%) JM Core 11 Direct Plan-Growth 7.61 3.36 12.93 17.04 JM Core 11 Fund-Growth 7.54 2.94 12.02 15.42 Axis Bluechip Fund Direct Plan-Growth 4.78 11.45 24.26 13.92 IDBI Nifty Junior Index Fund Direct-Growth 1.95 -6.26 4.33 12.75 ICICI Prudential Nifty Next 50 Index Direct-Growth 1.28 -6.84 4.13 12.73 FeaturedDSP BlackRock Regular Savings Direct Plan-Growth ★★★★★ 1.46 0.49 4.01 8.23 Start SIP

Economic Times Biz Listings Are you a Financial Service Provider? Are you looking for Financial Advice? List your Business to get Leads Find trusted Professionals near you

2 global factors worrying Big Bull on D-Street: Not crude or trade war We need more mature outlook and we need to filter the reality from the noise: Jhunjhunwala. How the smallcap crash hurt the rich and famous on Dalal Street As investors assess their battered portfolios, there is a sense of shock and helplessness. M-cap of these companies likely to cross $100 billion in 5 years After TCS and Reliance Industries, now the question is which other companies have a fair chance of joining the $100 billion club over the next five years? Uneven income flow? Fret not, here's how to build a portfolio Every advice on financial planning highlights the need for regular savings and investments.

Advertorial Healthcare rates could be 20% lower than CGHS under Modicare The National Health Protection Scheme (NHPS), more commonly known as 'Modicare', is set to provide common treatments such as C-section, knee replacement, and coronary bypass surgery at rates that are 15-20% less than what's offered by the Central Government Health Scheme (CGHS). Advertorial How to clean up your investment portfolio? There is no reason why you shouldn't handle your investments on your own, but if you are one of those who do not have the knowledge and resources for managing your portfolio, it is advisable to get the services of a professional portfolio manager.

Did you notice? Bitcoin is on the rise again, tops $8,000 level Bitcoin still remains almost 60 per cent down its peak of around $20,000 in December. Midcap MFs are doing better than their benchmarks: Here's what you should do The performance of mid-cap funds in comparison to their benchmark index has actually seen a marked improvement. So what does this mean for investors?

Initial Public Offer (IPOs) IPO Name Offer Price Band Open Date Close Date   HDFC Asset Management Company Ltd. 1095.00 - 1100.00 25-07-2018 27-07-2018 Salebhai Internet Ltd. 105.00 27-07-2018 02-08-2018 More >>

NFO (FMPs) Fund Name Category Type Open Close Min Inv   Kotak FMP Series 236 - 95 Days Direct-G Debt: FMP Closed-end 16 Jul 2018 30 Jul 2018 5,000 Kotak FMP Series 236 - 95 Days Reg-D Debt: FMP Closed-end 16 Jul 2018 30 Jul 2018 5,000 Kotak FMP Series 236 - 95 Days Direct-D Debt: FMP Closed-end 16 Jul 2018 30 Jul 2018 5,000 Kotak FMP Series 236 - 95 Days Reg-G Debt: FMP Closed-end 16 Jul 2018 30 Jul 2018 5,000 Reliance FHF XXXVIII - Series 7 Direct-D Debt: FMP Closed-end 17 Jul 2018 30 Jul 2018 5,000 More >>

Real Estate News

Affordability of Indian residential real estate at 15-year-best levels: UBS According to the global financial services major, going forward, residential property sales are expected to gradually recover over the medium term.

Indian realty attracts $2.4 billion institutional investments in January-June: Report With increasing investment, the commercial real estate market is also witnessing structural changes in the way the projects are built, financed and managed.

Rera covers all past real estate projects too: Gurgaon bench chief Rera can adjudicate in any dispute between a seller and a buyer in a real estate project, even if it received a completion certificate before May 1, 2017.

Housing sales up 3% in H1 in top 8 cities; launches up 46%: Knight Frank The property consultant today released its key 'India Real Estate' report which tracks primary property markets of eight major Indian cities.

Not easy for home buyer to recover from defaulting builder under IBC: NCLT President "Homebuyers, after becoming financial creditors, under the IBC (after amendments) may no be a happy lot," Justice Kumar said.

NFO - Non FMPs Fund Name Category Type Open Close Min Inv   Sundaram Long Term Tax Advantage Fund Series V Direct-D Equity: ELSS Closed-end 25 Jun 2018 24 Sep 2018 500 Sundaram Long Term Tax Advantage Fund Series V Direct-G Equity: ELSS Closed-end 25 Jun 2018 24 Sep 2018 500 Sundaram Long Term Tax Advantage Fund Series V Reg-D Equity: ELSS Closed-end 25 Jun 2018 24 Sep 2018 500 Sundaram Long Term Tax Advantage Fund Series V Reg-G Equity: ELSS Closed-end 25 Jun 2018 24 Sep 2018 500 BOI AXA Midcap Tax Fund Series 2 Direct-G Equity: ELSS Closed-end 12 Jul 2018 11 Oct 2018 500 More >>

Views and Recommendations

Hold Kajaria Ceramics, target Rs 540: JM Financial 26 July, 2018, 05:22 PM IST Hold Kajaria Ceramics Ltd. at a price target of Rs 540.0 . Hold Buy ICICI Prudential Life Insurance Company, target Rs 515: JM Financial 26 July, 2018, 05:21 PM IST Buy ICICI Prudential Life Insurance Company Ltd. at a price target of Rs 515.0 . Buy Buy Info Edge (India), target Rs 1,430: JM Financial 26 July, 2018, 05:20 PM IST Buy Info Edge (India) Ltd. at a price target of Rs 1430.0 . Buy Buy TeamLease Services, target Rs 3,100: JM Financial 26 July, 2018, 05:19 PM IST Buy TeamLease Services Ltd. at a price target of Rs 3100.0 . Buy

More Newsletters

Daily Newsletter Special stories that round up the major developments of the day

Markets Watch Round up of stock, currency, bond, money and real estate market

ET Panache Latest in the world of fashion, technology, food and celebrity

Wealth Weekly news on personal finance, stocks, property, gold, tax planning and more

View All

Follow Us on ET:

About us|Advertise with us|Feedback|Sitemap|Code of Ethics © 2018 Times Internet Limited.

ET Investment Opportunities is now part of your favourite ET Wealth mailer. Property, Stocks, IPOs, NFOs and Mutual Funds – get the latest investment options in your mail box every week with ET Investment Opportunities.

To unsubscribe or edit your subscriptions please click here