Sending money abroad? Here’s how to reclaim your TCS
I want to send money to my son in the US under the Liberalised Remittance Scheme (LRS). I understand that tax collected at source (TCS) has to be paid on each transaction. How can I reclaim this amount? —Name withheld on request It is assumed that you qualify as a resident in India, as per […]
Chandan Taparia’s recommendations: How to trade Marico, ICICI Bank, TCS shares on July 18?
Indian stock market: Market indices both Sensex and Nifty witnessed contrasting trends. The large-cap indices, Nifty 50 and Sensex, closed at record highs, whereas the mid-cap and small-cap indices experienced a one percent decline each. The Nifty 50 closed at a new record high of 24,800.85, rising 188 points or 0.76 percent. Similarly, the Sensex […]
Technical Breakout Stocks: How to trade TCS, InterGlobe Aviation and OFSS on Wednesday
Indian market recouped losses to close flat-to-higher on Tuesday. However, a sharp selloff was seen in the small & midcap indices, which fell 1-2%. The Nifty50 closed flat with a positive bias at 22,335 while the S&P BSE Sensex closed with gains of more than 160 points. Sectorally, buying was seen in IT stocks while […]
PE ratio: How to read the PE ratio for smart investing
Mumbai: The Price-to-Earnings ratio, or PE ratio, is one of the most popular valuation metrics used in the markets to analyse a stock and its valuation trajectory. ET looks at the interpretation and accuracy of PE ratio and how investors can use PE ratio to assess a stock or company. What is PE Ratio? PE […]