ITR filing: Don't make these mistakes to avoid getting tax notice

THE ECONOMIC TIMES Tue, Jun 11, 2019 | 06:31 AM IST ET Wealth Newsletter

WHAT'S HOT #RERA,#sukanya samriddhi yojana calculator,#alternative investment returns monitor,#realty hot spot series,#stock pick of the week,#mf portfolio doctor,#family finance

ITR filing: Don't make these mistakes to avoid getting tax notice Find out what you should do to avoid getting a notice for small errors on income tax returns. RBI repo rate cut and debt mutual fund downgrades: What should MF investors do now? Stick with funds that have well-diversified portfolios tilted towards AAA or similarly rated securities. Want to be a successful investor? Analyse yourself first Making investments is about reaching financial goals. So, first focus on goals and then think investments. Content monetisation still a dream for telcos Tough competition is holding telcos back in what is still a price-sensitive market. L&T-Mindtree deal: worth it? It is time to ask if the deal signals greater consolidation among India's mid-sized IT companies. How binary-options platforms dupe investors Even if a trader has an equal number of wins and losses, the final earnings are less than the money invested. From our Partners Evolving dynamics of MSME lending industry – A perspective from MSME Pulse by Vipul Mahajan Gain insights on where are new-to-credit MSMEs are coming from and who is lending to them. From our Partners Negotiation strategies for women for a higher salary 5 stocks that have beaten analyst estimates and have high 1-year growth potential These companies stocks scored on their average Ebitda (earnings before interest, tax, depreciation and amortisation) margins, which improved from 36.3% to 38.3%. 10 reasons why recruiters don't call back after interviewing candidates Know how recruiters work to decode the status of your job application and what it means for your job search. Top Mutual Funds SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%) JM Core 11 Direct Plan-Growth 5.25 15.88 8.02 17.35 Mirae Asset Large Cap Fund Direct- Growth 5.67 13.70 12.15 17.23 Axis Bluechip Fund Direct Plan-Growth 7.27 14.40 12.84 16.97 Reliance Large Cap Fund Direct-Growth 4.74 13.26 11.70 16.73 Mirae Asset Large Cap Fund Regular- Growth 5.57 13.07 11.02 16.26 FeaturedDSP Liquidity Direct-Growth ★★★★★ 0.61 3.66 7.60 7.19 Start SIP Should you invest in the 'Nifty 50 Value 20 Index' ETFs? ETFs based on the NV20 have clocked high returns over the past year, but they come with liquidity issues. Indian financial market vs emerging market equities: How do they compare? In terms of GDP growth, China has overtaken India as the fastest growing economy, which may reduce foreign interest.

FEATURED SLIDESHOWS

Smart things to know about Form 16 How to e-file your ITR-1 How the interest rate on your loan is determined Wondering why you didn't get a raise? This could be it More Slideshows

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.

10 NBFC stocks that have fared well despite crisis in the sector Not all NBFC stocks fared poorly. Here are 10 stocks that have given extraordinary returns in the past year. How to teach good money habits to kids Managing the allowance will teach your kids to make choices, prioritise and save for things they really want. This way they will learn that money is limited. Why SEBI needs to strengthen rules to protect retail investors in debt mutual funds The funds that held bonds which were impacted or downgraded (IL&FS group, Essel, ADAG and DHFL) adhered to regulatory norms. Got a tax notice? Here's what you should do A mistake while filing ITR can fetch you a tax notice. Here's how you can respond to such tax notices. Realty hot spot series: Connectivity, infra plus points of properties in Mayur Vihar, Delhi This well-connected Delhi locality has several schools, hospitals, banks and other public places. The govt should quit all businesses except utilities, public monopolies: View We need to wind down the PSU framework because it represents a social injustice we do not acknowledge. Stock pick of the week: Why analysts are betting on Hindalco Industries Healthy growth in consolidated revenue, likely turnaround in the aluminium industry, good performance of its subsidiaries and steady free cash flow have made it favourite. Rating downgrade of debt security: What does it mean? A rating downgrade is an alarm bell. You need to wake up and take corrective action. However, do not worry if there's just been one downgrade. How to get tax e-refund It is important for the assessee to first link the PAN to the bank account to be able to prevalidate the bank account. Family finance: Salaried Krishna needs to align investments with goals Krishna's goals include building an emergency corpus, saving for kids' education and weddings, retirement, and taking a vacation. MF portfolio doctor: Why Singhvi should avoid investing in fixed deposits The Portfolio Doctor assesses the health of the fund portfolio, examines the schemes and their suitability with regard to the goals and recommends corrective measures. Tax optimiser: How Shah can cut tax by Rs 42,000 via tax-free perks, NPS Anju Shah could save over Rs 42,000 in tax if she opts for tax-free allowance and the NPS benefit offered by her company. Here's how. Alternative investment returns monitor: For the week ending June 5, 2019 Here's a weekly tracker of returns from alternative investments as the scope and attractiveness of such investments is increasing.

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