Author: Naresh Saini

The Modi government is set to bring much-needed relief to taxpayers by launching the Vivad se Vishwas 2.0 scheme on October 1, 2024. Announced in the 2024-25 Union Budget, this initiative aims to resolve pending direct tax disputes, providing an easier and faster way for taxpayers to settle their issues with the tax department without going to court. A New Approach to Tax Dispute Resolution The Vivad se Vishwas 2.0 scheme is designed to simplify and streamline tax dispute resolutions, enabling quicker settlements. Disputes relating to 2.7 crore direct tax demands worth nearly ₹35 lakh crore are currently pending at…

Today, on 20th September 2024, investors have the chance to explore three fresh New Fund Offers (NFOs) from top mutual fund houses: Mirae Asset Mutual Fund, LIC Mutual Fund, and HDFC Mutual Fund. NFOs give investors the chance to invest in a mutual fund at the initial offering price, typically set at Rs 10 per unit. The funds collected during this period are used to invest in various asset classes or sectors, depending on the scheme’s objective. Here’s a detailed look at the new offers opening today. Mirae Asset Nifty Metal ETF: Focus on Metal Sector The Mirae Asset Nifty…

Max Healthcare is maintaining its strong financial performance, making it a key player in the healthcare industry. The company’s revenue saw a healthy 19% year-on-year growth in the first quarter of this financial year, reaching ₹1,935 crore. This marks the eighth consecutive quarter of double-digit revenue growth. With an occupancy rate of 75%, similar to last year, Max Healthcare continues to perform well across multiple key metrics. Solid Growth Across Key Performance Metrics In the first quarter of this fiscal year, Max Healthcare recorded a 3% increase in its Average Revenue Per Occupied Bed (ARPOB), driven by tariff hikes and…

NTPC Green Energy, a subsidiary of NTPC Limited, is set to launch its IPO soon, aiming to raise around ₹10,000 crore. This will be one of the biggest IPOs in recent times from a public sector company, the last being LIC’s ₹21,000 crore IPO in May 2022. But before making any investment, it’s important to understand the risks involved. Let’s break down the key risk factors outlined in their Draft Red Herring Prospectus (DRHP). Heavy Reliance on a Few Customers: What Happens If They Back Out? One of the biggest risk factors for NTPC Green Energy is its high dependence…

On 17th September 2024, Prime Minister Narendra Modi launched a groundbreaking initiative called Subhadra Yojana in Bhubaneswar, Odisha. This scheme is aimed at providing direct financial assistance to eligible women in Odisha, giving them Rs 10,000 annually in two installments of Rs 5,000 each. It is expected to be India’s largest women-centric financial scheme, with over 1 crore women set to benefit. What is the Subhadra Yojana and How Does It Work? The Subhadra Yojana is a five-year scheme designed to provide financial assistance of Rs 50,000 to women over a period from 2024 to 2029. Under this scheme, eligible…

The NPS Vatsalya Yojana, recently launched by the government, is a revolutionary pension scheme designed for children under the age of 18. This scheme allows parents to open a pension account in their child’s name, contributing to their financial future with the power of compounding interest. With minimal annual investments, parents can create a substantial fund for their child’s future, making them financially secure and even a millionaire by retirement. What Is NPS Vatsalya? NPS Vatsalya is a child-centric pension account designed to encourage early savings for a child’s future. Parents can open this account with a minimum annual investment…

In a significant move to introduce financial literacy from a young age, the Indian government has launched the NPS Vatsalya Yojana, a pension scheme that now allows minors to have their own NPS account. Union Finance Minister Nirmala Sitharaman, in an announcement made earlier this year during the budget session, shared details about this new initiative aimed at encouraging early savings and investment habits among children. This scheme provides an opportunity for parents to secure their child’s future by introducing them to financial security from the beginning. What Exactly Is NPS Vatsalya Yojana? NPS Vatsalya Yojana is a child-specific version…

Investors have only 12 days left to take advantage of special fixed deposit (FD) schemes offered by IDBI Bank, Indian Bank, Punjab and Sind Bank, and State Bank of India (SBI). These banks have extended the validity of their unique FD plans till 30 September 2024. Initially set to expire in June 2024, the schemes were extended to give customers more time to invest. If you’re looking for secure and high-return investments, here’s everything you need to know about these superhit FD schemes. IDBI Bank: Festive FD Scheme IDBI Bank’s Festive FD scheme has become quite popular, offering good interest…

Planning for a comfortable old age is important for everyone, especially for those working in the unorganized sector. The Atal Pension Yojana (APY) is one such government scheme that helps individuals secure their future with a guaranteed monthly pension after the age of 60. Launched in 2015, APY has gained immense popularity, with nearly 7 crore people already enrolled. It is a simple, low-cost pension plan that ensures a steady income during retirement. Small Investment, Big Returns One of the most appealing aspects of the Atal Pension Yojana is that you can receive a pension of up to Rs 5,000…

Bharat Electronics, a key player in the defense sector, has caught the attention of investors, especially after its recent stock price dip. The stock, which once traded at Rs 340, has fallen to Rs 284. However, despite this drop, experts see growth potential. Bharat Electronics’ strong business model, robust order book, and continuous capacity expansion make it a stock worth considering for future gains. Let’s dive into why this stock could be a smart investment. Bharat Electronics Stock Performance and Potential Currently, Bharat Electronics is trading at 36 times the estimated earnings of FY26, and analysts believe that the company’s…