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Top 10 employers by number of employees in India

1. Tata Consultancy Services - 6,15,721 employees 2. Reliance Industries - 3,89,414 employees 3. Infosys - 3,68,125 employees 4. Larsen & Toubro - 3,30,955 employees 5. Wipro - 2,62,325 employees 6. HCL Technologies - 2,41,352 employees 7. Tata Steel - 2,34,108 employees 8. HDFC Bank - 1,73,255 employees 9. ICICI Bank - 1,29,020 employees 

How much gold can you buy in cash legally

 Under the Prevention of Money Laundering Act (PMLA), 2002. For this, the government had also issued a notice on December 28, 2020. Under this Act, if a customer buys gold worth Rs 10 lakh or more in cash, then the jewelers will have to immediately inform the authorities by taking the KYC of that customer i.e. his PAN or Aadhar card. What do income tax rules say? Income tax laws do not permit cash transactions beyond a specified limit. Under Section 269ST of the Income Tax Act, 1961, a person cannot make cash transactions totaling more than Rs 2 lakh in a day, whether the person buys gold worth Rs 2 lakh at one go or a few thousand. The overall thing is that a person cannot buy gold worth more than Rs 2 lakh in cash in a day. If a person buys gold jewelery worth more than Rs 2 lakh in cash in a single day, it will be a violation of the Income Tax Act. The person taking cash in such transactions will be liable to pay penalty on the amount transacted in cash as per Section 271D of th...

Why is NPS not a great investment

 NPS offers you to save for your golden years with tax benefits on your investments. However, the amount of pension is not guaranteed and depends on the accumulated corpus and rates available at the time of vesting.  Read more at: http://www.moneycontrol.com/news/retirement/should-you-investnps_1667841.html?utm_source=ref_article Part 2: From Economic times. Friends want to know whether they should invest in the NPS. With tax saving driving investment decisions, people are drawn to the additional Rs 50,000 deduction under Sec 80CCD(1b). But here is why I wouldn't be investing in the NPS. Very long lock-in period All tax-saving investments have lockin periods, but none as long as that of the NPS. The NPS can only be withdrawn at the age of 60. If you start at the age of 25-30, the lock-in period is 30-35 years. Even then, only 60% of the corpus can be withdrawn, and the remaining 40% will have to be put into an annuity for a monthly pension. Taxation on maturity The NPS is not ...

The investment approach of some of the noted value investors in India

1. Rakesh Jhunjhunwala:    - Known as the "Big Bull" of the Indian stock market.    - Focuses on long-term investments in fundamentally strong companies.    - Invests across various sectors, including finance, pharma, and consumer goods. 2. Radhakishan Damani:    - Founder of supermarket chain D-Mart.    - Values strong businesses with sustainable growth.    - Prefers a conservative approach and holds stocks for the long term. 3. Porinju Veliyath:    - Specializes in small and mid-cap stocks.    - Looks for turnaround stories and undervalued companies.    - Known for his contrarian investment style. 4. Vijay Kedia:    - Emphasizes the importance of in-depth research and understanding the business.    - Focuses on identifying hidden gems and long-term wealth creation. 5. Raamdeo Agrawal:    - Co-founder of Motilal Oswal Financial Services.    - Follows a quant...

Good self ITR / Income tax return filing websites

Here is a reveiwed list of sites. # https://tax2win.in/pricing # https://taxspanner.com C harges Rs 850- basic plan upto 50 lakh salary . # https://cleartax.in/ Charges rs 250 for income upto 5 lakh. # http://www.taxsmile.com/ Having a dedicated support helpline available for free gives Taxsmile an advantage over other websites. # https://tax.hrblock.in/ H&R Block lets you call its offices for any help with filing. ----------- To grow your money with confidence and with a highly expereinced team, Give us a call. Details: https://boringtrader99.blogspot.com/2023/02/mkt-wealth-navigate-stock-market-with.html -------- Ref and Further reading: https://www.gadgets360.com/internet/features/four-websites-for-hassle-free-filing-of-income-tax-returns-in-india-558215

How to link PAN with Aadhaar?

Visit the Income Tax e-filing portal here. Register, if you haven’t already done so. Log in to the portal. A pop-up window will appear, prompting you to link your PAN with your Aadhaar.  If the pop-up doesn’t appear, go to ‘Profile Settings’ on the Menu bar and click ‘Link Aadhaar’. Verify the PAN details on the screen with the PAN details on your Aadhaar. If there is a mismatch, you must first correct this. If the details match, enter your Aadhaar number and click on the “Link Now". A pop-up message will verify the successful linking of PAn with Aadhaar You may also visit https://www.utiitsl.com/ OR https://www.egov-nsdl.co.in/ to link your PAN with your Aadhaar --------------------- Brought to you by MKT Wealth ( Hyderabad, Pune) .  To get regular profits from the stock  market, take our services.  Read more https://boringtrader99.blogspot.com/2023/02/mkt-wealth-navigate-stock-market-with.html Contact us on 9621231567 ( Khalid) or 8329950335 (Tau...

MKT Wealth. Navigate the stock market with ease and confidence

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Introducing MKT Wealth, an innovative investment solution designed to help you navigate the stock market with ease and confidence. Our team of market experts, with over 3 decades of combined experience, will manage your money and portfolio, giving you the peace of mind that comes with professional guidance. Unlike traditional investment houses, MKT Wealth operates on a performance-based model, meaning we only charge a reasonable management fee if your portfolio is profitable. Additionally, you will have 100% transparency and ownership of your funds, without any annual fixed fees. Our trading account gives you complete control over your funds, and you can authorize our experts to buy or sell on your behalf without the need for intervention. Plus, all stock purchases and sales will be fully visible to you, so you can stay informed and make informed decisions. We are committed to adhering to Govt rules & SEBI guidelines, so you can rest assured that your funds are 100% secure. Our goa...