Taxman to reach out to 15.2 m individuals required to file ITRs
Income-tax dept to act against 15.2 million non-filers. CBDT orders outreach from April 15. Focus on bank transactions, penalties for defaulters with high cash deposits. Key Points
Economic Times7 smallcaps with double-digit returns in each of last three months turn multibaggers!
Smallcaps with double-digit returns turned multibaggers in Q1 2024, led by Waaree Renewable Technologies and Diamond Power Infrastructure. Despite caution due to SEBI warnings, experts like Rishabh Goel and Varun Saboo remain optimistic about smallcaps' earnings growth potential. Key Points
Economic Times‘Whistle podu’ moment for Dalal Street as investors make Rs 125 trillion in FY24
Beating the benchmark by a wide margin, the Nifty Smallcap 250 index has given a staggering 63% returns in this financial year. Thanks to their stupendous run, the total market capitalization of all the listed companies on BSE soared by Rs 125 lakh crore in a year. Key Points
Economic TimesThese 8 flexi cap mutual fund schemes gave over 16 percent annualised returns in 10 years
The annualised returns given by flexi cap funds hover in the range of 16-23 percent per annum. The highest returns of 23.85% were delivered by Quant Flexi Cap fund. So, if someone invested ₹one lakh 10 years ago, it would have grown to ₹8.49 lakh. Key Points
mintFor risk takers with long-term perspective: 5 midcap stocks with upside potential of up to 47%
Now that sensex has turned negative for 2024, focus will shift on how the returns. The narrative will focus on how returns and how the valuations are expensive. Yes, there is no doubt that valuations are expensive, they were even higher a month back, when everyone was saying cheers to mid-cap. At this point of time the question whether “ I should sell or buy more” needs to be replaced by “what business do I own and whether that business is going to grow or not” The reason why it is important to change the question itself is the fact that it business on the ground which will make the difference between in final returns. If by next month, markets are rallying once again, then all this talk about valuation will go away in thin air. Key Points
Economic Times
83% times equity investment gave over 10% returns: Is 7 years the best minimum holding period for higher r
While most equity investors are aware about the fact that it delivers good return in the long run but very few know as what exactly is this period. Analysis of the rolling returns of NIFTY 50 TRI has given some interesting insights and 7 year period has emerged as the one of the best minimum holding periods where chances of above 10% returns are very high. 15 year has come out as the most rewarding among the different holding periods. Key Points
Economic TimesAbout 41 PMS mid- & smallcap schemes gave negative returns in Feb; are good times over?
Midcap and smallcap schemes managed by portfolio management services firms saw negative returns in February. Equitree Capital Advisors, Saurabh Mukherjea, Aequitas Investment Consultancy, Ambit Investment Advisors, Geojit Financial Services, Equirus Wealth, PGIM India, and Care Portfolio Managers were among the firms that gave negative returns. Key Points
Economic TimesGurman uncovers mixed reactions to Apple Vision Pro release, sheds light on return rates
Apple's Vision Pro receives mixed reviews with some users returning the headset due to comfort, price, and user experience issues. Apple is investigating the reasons behind the returns and engaging with customers to gather feedback for potential improvements. Key Points
mintStocks to buy: Bet on stocks with positive excess returns; 5 stocks with potential upside of up to 22%
Over 81% of the 2,460 listed companies (with market caps greater than Rs.100 crore) delivered positive returns in 2023. While the majority of stocks making money in 2023 indicates strong optimism, it is also important to consider such returns with the associated risks, especially non-diversifiable risks. With domestic fundamentals expected to remain buoyant amid continuing capex programmes of corporate India and expectations of an interest rate cut in 2024, investing in stocks that generate positive alpha can improve overall portfolio returns. Key Points
Economic TimesBrick-Filled Boxes. Bogus Receipts. Retailers Battle Fraudulent Returns.
More than $100 billion in merchandise was returned fraudulently in the U.S. in 2023, retailers say, up sharply since 2020. Key Points
mint
Contra view! Realty stocks deliver skyscraping returns in last 1 year. Time to get off the escalator?
I see that the stock prices leave no room for comfort because now the pricing is going beyond the common man's reach, analyst Sanjiv Bhasin told ET Now. He said this referring to the escalation in property prices notwithstanding a benign input cost. Key Points
Economic TimesYear-ender 2023: Gold Vs Sensex - who won the battle of nerves?
ETMarkets also analysed returns of largecap companies listed on the BSE to conclude that 65 stocks have higher returns than gold in 2023, with two stocks delivering multibagger returns of nearly 120% viz. Hindustan Aeronautics (HAL) and Zomato. Key Points
Economic TimesF&O is almost always a path to financial destruction if you are a ...
Those who suffer a big disaster in the beginning are lucky. The ones who are the worst off are the maximisers who win a few, then lose a few more, bleeding cash over time, and eventually suffering a slow and deep disaster. This obsessive pursuit of exponential returns through derivatives ends in financial ruin. Key Points
Economic TimesThis sector’s all set to ride on top gear in Samvat 2080 as industry prospects remain bright
Among the 16 constituents of the Auto index, 14 of them have given double-digit returns of up to 57% since the last Diwali. Further, 12 of them have scaled lifetime highs. Key Points
Economic TimesSamvat 2079 recap: 50% of the top 10 recommended stocks deliver double-digit returns
The top 10 recommended stocks of last Diwali were Lemon Tree Hotels, Coforge, Bharat Electronics, HCLTech, Axis Bank, Federal Bank, ICICI Bank, Marico, Infosys, and Jubilant Ingrevia. Of these, Axis Bank, HCLTech, Bharat Electronics, Coforge, and Lemon Tree Hotels have given returns of over 13-38% since the last Diwali. Key Points
Economic Times
Jewels in govt crown give returns of up to 500% on OFS bets
OFS in state firms returned between 25 and 500% in 11 companies of the 17 in which New Delhi chose this route to dilute ownership. Only one offer is presently trading below OFS price. Key Points
Economic TimesDo SIP investments in mutual funds offer assured returns?
Investors are increasingly pouring money into mutual funds through SIPs with monthly collections surging past the Rs 16,000 crore mark. However, there are still many myths surrounding this mode of investment into risk assets. Key Points
Economic Times58 smallcap stocks log double-digit weekly gains in a mixed market
Subdued start to the result season by IT sector combined with uptick in crude oil prices affected the broad market trend. However, the benchmark indices logged gains during the week, taking comfort in easing domestic inflation. During the week, around 58 smallcap stocks offered double-digit weekly returns with five of them offering over 25% returns. Key Points
Economic Times46 smallcaps log double-digit weekly gains in subdued market
Vascon Engineers was the top gainer in the smallcap pack with nearly 24% returns, followed by Sasken Technologies (23.6%), Bhagiradha Chemicals (22.2%), and Authum Investment (22%) Key Points
Economic TimesBengaluru sees 8.98% returns from housing; how much returns can you get from your house?
At 9.94%, 10-year returns from housing is the highest at Kochi among 10 urban cities, as per the data by BankBazaar.com. Is buying a house an investment or a living expense? If it is an investment, how much return can you expect from your property? Find out here Key Points
Economic Times
84 smallcaps offer double-digit returns as markets close another week with losses
Prakash Industries was the top gainer from the smallcap pack with nearly 35% returns, followed by Koopran (33.3%), Titagarh Rail Systems (28.5%), and Jupiter Wagons (26.2%). Key Points
Economic Times75 smallcap stocks that have offered double-digit weekly returns in bearish market
Talbros Automotive Component was the top gainer in the smallcap segment with a nearly 31% return, followed by Zen Technologies (28.5%), Tasty Bite Eatables (28%), and Banco Products (27%). About 9 stocks, including Bajaj Hindusthan, Onmobile Global, Force Motors, Windlas Biotech, ZEE Media, and BF Utilities, offered returns between 20 and 25% during the week Key Points
Economic TimesOver 6.5 cr ITRs filed till evening; may cross 7 cr
Despite several representations from businesses, the income-tax department refused to extend the date for filing tax returns. Officials, however, said that the tax department will offer relief in penalty for those taxpayers who could not file their returns because of genuine difficulties. Key Points
Economic Times24 hours to go, I-T filings beat last year's mark, hit 6 crore
India Business News: The CBDT said close to 26.8 lakh returns had been filed up to 6.30pm on Sunday, indicating the process was moving in a glitch-free manner. July 31 is Key Points
Times Of India60 smallcap stocks delivered double-digit returns in volatile market week
Thangamayil Jewellery was the top gainer in the smallcap pack with over 50% return, followed by MSP Steel and Power (48.95%), Foseco India (29.07%), and Indo Borax (28.8%). About six stocks including Jai Balaji, Mukand, Jagsonpal, Vesuvius India, Gallantt Ispat, Texmaco Rail have offered returns between 20-25% during the week Key Points
Economic Times
Top 10 ETFs to Invest in for High Returns
Similar to a stock, an ETF, or exchange-traded fund, is a group of securities that trade on the stock market. Exchange-Traded Funds are investment vehicles that combine the funds of numerous investors and utilise them to purchase a range of tradable financial assets. Key Points
Times of IndiaMost long-only funds outperform Nifty50 in May
Among the long-short funds, Avendus Capital’s Enhanced Return Fund-II is the topper in May with returns of 6.4%. Key Points
FinancialexpressPMS Tracker: 15 funds give double-digit returns in May as bulls' D-St party continues
Of the 15 PMS funds, 13 of them beat their benchmark BSE 500 index in May. Last month, the S&P BSE 500 index gave 3.5% returns.Some of the prominent names in this list are Carnelian Advisors multi-cap fund, Phillip Capitals small- and midcap fund, Equirus Wealths smallcap fund, and Tulsian PMS largecap fund. Key Points
Economic TimesWhy comfort is a deterrent to growing wealth
Investors tend to invest in what is comfortable, but this does not generate consistent inflation-beating returns. Comfort can also become a deterrent to growing investor wealth, particularly in areas such as safety in known investments, high returns without taking risk and regulation into consideration, and being comfortable with short-term gains at the cost of long-term gains. Product choices in one's portfolio need to be goal-based, adhere to proper regulation and grievance mechanisms, and generate inflation-beating returns. Investors should get comfortable with being uncomfortable to achieve outsized returns over time. Key Points
mintStand-up Bets! 23 stocks that gave multibagger returns in 3 years
Analysis by ETMarkets has identified 23 stocks that have provided multibagger returns when held for at least three consecutive years. To be selected, stocks had to be from companies with a minimum market capitalisation of INR500 crore ($66.9m). Some of the leading performers included specialty chemicals and agrochemicals stocks, such as Alkyl Amines Chemicals, Vinati Organics, and Navin Fluorine International. Shares of information technology firm Coforge and Patanjali Foods were also identified alongside smallcap stock Quint Digital Media. Analysts recommended a stock-specific approach in the current market and the adoption of a Quality, Value, and Growth (QVP) strategy . Key Points
Economic Times
60 smallcap stocks offer double-digit weekly returns in a resurgent market. What's in store ahead?
As many as 60 smallcap stocks gave double-digit weekly returns in a buoyant equity market, with Rail Vikas Nigam leading the smallcap category with 38% returns. Benchmark indices ended the week high, with both Sensex and Nifty gaining over 2% in the past five days, supported by strong Q4 results from banking giants. In the BSE500 space, 22 companies delivered double-digit returns to the investors. Analysts predict the current rally will continue, with the Nifty heading towards 18,500 in May, recommending investors to stick to the strategy of buying on dips. Key Points
Economic TimesIPO Marvels: 18 debutants left investors in awe with returns up to 248% in 2 years
Headquartered in Hyderabad, Hariom Pipe is a premium manufacturer of iron and steel products. The company has a diverse product portfolio consisting of mild steel billets, pipes and tubes, hot rolled coils and scaffolding systems. Key Points
Economic TimesBusinesses can apply for revocation of GST registration cancellation by June 30 after paying taxes, penalt
The Indian government is allowing businesses whose GST registrations have been cancelled due to non-filing of returns to apply for revocation by June 30, after paying any taxes, interest, and penalties. Measures have been introduced to provide relief for taxpayers who were previously only qualified for a 30-day application period to restore their registrations following cancellation orders. Key Points
Economic TimesSaurabh Mukherjea’s PMS fund gave negative returns in Feb; Marathon Trends tides over volatility
The top multi-cap, smallcap, midcap, and thematic funds of Saurabh Mukherjeas Marcellus Investments gave negative returns of up to 4.6% in February, data collated by PMSBazaar showed. Key Points
Economic TimesSensex frowned upon bear party, but 36 smallcaps went on joyride last week
In the smallcap segment, 36 stocks gave double-digit weekly returns. These include popular names such as Olectra Greentech, Kirloskar Oil Engines, Mangalore Chemicals, SeQuent Scientific, Jindal Saw, Usha Martin, Titagarh Wagons, Dishman Carbogen, Jindal Stainless, and South Indian Bank. Key Points
Economic Times
GSTR-1 vs GSTR-3B vs GSTR-9: How do three returns differ for businesses
Ease of doing business for MSMEs: There are around 22 types of GST returns, of which around 4 are suspended and eight are view-only in format. The remaining 11 have to be filed depending on the taxpayer category. Key Points
FinancialexpressHigh five! These 5 sectors gave double-digit returns in H12023
Real estate and manufacturing sectors outperformed cyclical sectors in the first half of 2023 in India. The realty sector registered about 20% returns in January-June 2023, against negative results of 19% in the same period last year, with the residential segment recording significant sales and sales launches during the same period. The S&P BSE Capital Goods index rose 20% from June 2022, riding on the governments focus on infrastructure and local manufacturing. Meanwhile, the power and oil and gas sectors saw almost no gains as the S&P BSE Power index dipped by 9%, while the S&P BSE Oil and Gas index saw a fall of over 10%. Key Points
Economic TimesWhere to look for pockets of value in a super bullish market? Mihir Vora explains
“For India, it is a good situation to be in where you have moderating global interest rates, a not so strong dollar, and not a crashing global economy. Inherent strength of domestic consumption should carry us through. Plus, the capex cycle which is just picking up should see us through the next two to three years.” Key Points
Economic TimesBanks seek ITR access via NSDL to vet borrower info
Lenders say large- and small-value loan customers have previously falsified data for expanding their borrowing limits. Last year, Can Fin Homes detected fake ITRs in 37 accounts at its Bhilwara branch in Rajasthan, after complaints were made. Key Points
Economic TimesTaxman picks up 68,000 ITRs for e-verification
CBDT chairman Nitin Gupta said the list included both corporate and individual income tax returns. He said these were flagged by the system as the high value transactions picked by the annual information system (AIS) did not match with the returns filed. Key Points
Economic Times
Triple Century! 336 smallcap stocks clock double-digit returns in Nov; scale 52-week highs
The easing of US bond yields and crude oil prices contributed to the recovery in the market last month. Bond yields eased following encouraging inflation data in the US, which strengthened the view that the interest rate hike cycle is closer to the peak. Key Points
Economic TimesDouble-digit gains for 3 years! Will Sensex repeat the show in H2 CY23?
In the last five years, the Sensex has given positive returns to investors in the second half of the calendar year with double-digit returns in the last three years, making it an attractive investment destination. Additionally, all sectoral indices have given positive returns in the second half in the past three years, with 10 of the 15 sectoral indices on BSE giving double-digit returns in H2 of 2022, including the banking, commodities, and financial services sectors. On the macroeconomic front, foreign inflows are expected to continue despite risks from a weak monsoon and global risks impacting FII flows. Key Points
Economic TimesIs real estate a high or low risk investment?
Many people invest in equities and debt products on the basis of their risk taking ability. Also, those who buy a house (constructed or fully constructed house) are not sure if their real estate investment must be considered as a high risk or low risk investment. Here is how you can know about it. Key Points
Economic TimesSamvat 2080 opens on a positive note for investors
The Sensex closed at 65,259, up 355 points, or 0.55%, after advancing as much as 514 points, or 0.79%. The Nifty, ended 100.20 points, or 0.52% higher, to close at 19,526. Both indices posted their best Muhurat trading gains in five years. Key Points
Economic Times57 smallcap stocks deliver double-digit returns in a mixed market week
About 57 smallcap stocks delivered double-digit weekly returns with four of them offering over 25% returns. Jaiprakash Associates was the top gainer in the pack with nearly 40% return, followed by SEPC Ltd (35.1%), Greenlam Industries (29.6%), and Apollo Micro Systems (25%). Key Points
Economic Times
Record 6.77 cr I-T returns filed till July 31
A record 6.77 crore income-tax returns were filed till July 31 for the assessment year 2023-24, 16.1% higher than the returns filed for the assessment year 2022-23, according to the Central Board of Direct Taxes. Key Points
Economic Times68 smallcap stocks offer double-digit weekly returns in broad-based rally
During the week, as many as 68 smallcap stocks delivered double-digit weekly returns with four of them offering over 25% returns. DCM Shriram Industries was the top gainer in the smallcap pack with nearly 32% return, followed by Sterling and Wilson (26.6%), Arihant Capital (26.55%), and DB Corp (25.03%). Key Points
Economic Times20 BSE500 stocks delivered double-digit weekly returns as markets turn wary of heights
Macro data, with the manufacturing PMI expanding to 57.8, indicated sustained demand and boosted investors confidence. Additionally, provisional business numbers from banks, automakers, and real estate companies bolstered sentiments, while FIIs provided additional support to the domestic market during the said week. Key Points
Economic TimesBull run! 26 BSE500 stocks offered double-digit weekly returns to investors
Positive macroeconomic data helped domestic markets, with the Nifty falling just short of all-time high levels. During the week, 26 BSE500 stocks provided double-digit returns, with Brightcom Group leading the way at 27%, followed by Wockhardt with 26%. Key Points
Economic Times57 smallcap stocks offer double-digit returns in a cautious market week
After consolidating for the last few days, Nifty has managed to surpass the resistance of 18450 zones. We expect this momentum to continue and Nifty to touch its previous lifetime high in the coming weeks. The index is now just 380 points or 2% away from its lifetime high. With the result season nearing its end, the focus will now shift to macro data, US debt negotiations and upcoming central bank policy meetings, said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services. Key Points
Economic Times
Learn With ETMarkets: Understanding CAGR, XIRR and Absolute Return!
In order to make intelligent investment, it is essential to understand which type of return is being discussed. This will help you put money in the right place to create wealth. Key Points
Economic Times84 smallcap stocks offer double-digit weekly returns as markets surge to record highs
Better-than-expected IT results helped boost market sentiments in the week gone by as benchmark indices shrugged off muted start to the year and hit record highs.During the week, as many as 84 smallcap stocks have delivered double digit weekly returns with eight of them offering over 25% returns. Key Points
Economic TimesNearly 8 crore ITRs filed till December 2
As of December 2, 2023, a total of 7.76 crore income tax returns for the financial year 2022-23 have been filed. More returns are expected to be filed by the end of December 31, 2023, which is the extended deadline. In the previous financial year (2021-22), 10.09 crore PAN holders paid taxes. Key Points
Economic Times41 smallcaps deliver double-digit weekly gains even as investors turn cautious
In the midcap segment, only Supreme Industries rose in double-digits with 13% gain. New India Assurance and Crisil were distant close, with 9% and 7% gains, respectively.Among the Sensex pack, Nestle India topped the charts with 3.07% returns, followed by Ultratech at 1.07% and Power Grid at 0.6%. Key Points
Economic TimesITR Filing Due Date Extension: Is the govt looking to extend the deadline to aid flood-affected areas?
Taxpayers are rushing to file their income tax returns in India before the July 31 deadline, with over 4 crore returns already filed. There is no current proposal to extend the deadline. However, there may be a consideration for extending the deadline in flood-affected states Key Points
mint
Profit Powerhouses: Smallcap stocks with highest EPS growth in FY23. Which ones to buy?
Smallcap companies are stealing the show and driving growth for portfolios of retail investors, with mid and smallcap indices already at record highs. A study by ETMarkets showed the FY23 EPS of 116 smallcaps surged by over 100%, with at least 11 of these companies reporting growth of more than 1,000%. Telecom firm Vindhya Telelinks topped the list, with its EPS increasing 9,488% to Rs 156.37, while multibagger stock Ramky Infrastructure saw a 4,729% spike to Rs 164.83. Analysts recommend investing in small companies with high growth rates and low starting valuations to maximise returns. Key Points
Economic TimesBusinesses can revoke cancelled GST registration by June 30
Businesses whose GST registrations were cancelled for non-filing of returns before December 31 can apply for revocation by June 30 by paying due taxes, interest and penalty. The time limit for making an application for revocation of cancellation of registration has been increased from 30 to 90 days. If taxpayers file the pending GST returns GSTR-10 and GSTR-3B, assessment proceedings initiated by the tax authorities under the GST Act will be deemed to have been withdrawn. Key Points
Economic TimesBusinesses can revoke cancelled GST registration by Jun 30
Businesses whose GST registrations were cancelled for non-filing of returns before December 31 can apply for revocation by June 30 by paying due taxes, interest and penalty. The time limit for making an application for revocation of cancellation of registration has been increased from 30 to 90 days. If taxpayers file the pending GST returns GSTR-10 and GSTR-3B, assessment proceedings initiated by the tax authorities under the GST Act will be deemed to have been withdrawn. Key Points
Economic TimesMonika Halan on busting myths on savings, investment, mutual funds & more
Monika Halan, an analyst, debunks myths about investing in mutual funds. She explains that mutual funds are not a single product but a pipeline that connects investors' money to various investment options like stocks, bonds, gold, and real estate. She emphasizes the importance of considering factors like risk, liquidity, and investment horizon, rather than just focusing on returns. Halan also advises against solely investing in midcaps and smallcaps, as well as expecting guaranteed high returns in the short term Key Points
Economic TimesThese 5 flexi-cap mutual funds have given investors inflation-beating returns
Flexi-cap mutual funds invest in companies with different market capitalizations and are suitable for aggressive investors. Here are five funds with inflation-beating returns over 3-5 years: HDFC Retirement Savings Fund Equity Plan Direct-Growth Fund, HDFC Focused 30 Fund Direct Plan-Growth Fund, ICICI Prudential India Equity FOF Direct - Growth Fund, PGIM India Flexi Cap Fund Direct-Growth Fund, and 360 ONE Focused Equity Fund Direct-Growth Fund. They have different NAV, returns, AUM, expense ratios, and minimum investments. Key Points
Economic Times