Outlook Money Magazine
Outlook Money stands out as a unique personal finance resource in India. It aims to assist you in making smart investments, borrowing sensibly, and spending wisely. The platform acts as your financial guide, addressing various topics such as the best stocks to invest in (and which ones to avoid), suitable insurance options, appealing savings tools, and products that deliver great value. Additionally, it provides insights on beneficial tax strategies and helps you plan for a secure retirement.
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Articles
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2 weeks ago |
outlookmoney.com | Balwant Jain
QPlease provide your guidance on how to claim an income tax refund for previous years for tax deducted by the bank on fixed deposits in the name of my mother, who is a homemaker and is 55 years old. She had no other income except interest on fixed deposits and which was below taxable limit. She filed no ITRs for the past few years. AI feel she was not eligible to furnish form no. 15G for the respective years. For claiming income tax refund one has to file income tax returns.
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3 weeks ago |
outlookmoney.com | Balwant Jain
QI have opened a recurring deposit of Rs 10,000 per month in a post office for five years and will get Rs. 6 lakh plus an interest of Rs 1,15,745. Will the entire amount of Rs. 7,15,745 received on maturity be taxable? AThe full amount of 7,15,745 will not be taxable in your hand at the time of maturity. Only the interest of Rs. 1,115,745 will be taxable in your hand at the time of receipt of such maturity proceeds.
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3 weeks ago |
outlookmoney.com | Rishabh Raj
Adani Group Shares: Adani Group stocks fell up to 2.4 per cent in trade on June 3, 2025, after a report by The Wall Street Journal (WSJ) claimed that the billionaire Gautam Adani-led group is under scrutiny by authorities in the United States (US) again, this time for violating US sanctions on Iranian oil and petrochemicals. The WSJ report claimed that the US Department of Justice (DoJ) is investigating the group for allegedly importing Iranian liquefied petroleum gas (LPG) via its Mundra port.
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3 weeks ago |
outlookmoney.com | Rishabh Raj
NSE Unlisted Share Price, IPO: Shares of the National Stock Exchange (NSE) in the unlisted market have spiked over 46 per cent in over a month amid a rising interest among retail traders ahead of its initial public offer (IPO). According to Wealth Wisdom Private Ltd, which facilitates trading in unlisted securities, NSE shares are currently trading at Rs 2,300 apiece, up from Rs 1,575 just a month ago.
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4 weeks ago |
outlookmoney.com | Balwant Jain
My brother-in-law’s son is a non-resident Indian (NRI). He wants to send my wife some money as gift from abroad. Will it be exempt from tax as it is from a relative or will she have to pay tax on it? Answer: As long as the value of all gifts taken together during the year do not exceed Rs 50,000 in a year, the same are not to be treated as income of the recipient.
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