Harsh Roongta

All stories by Harsh Roongta

How To Lose Money In F&O Trading

How To Lose Money In F&O Trading

Rediff.com15 Oct 2024

F&O trading is a zero-sum game where one person's loss is another's gain. Only one per cent of traders gained the money lost by 93 per cent, warns Harsh Roongta.

How DAP Targets Honest Taxpayers, Misses Evaders

How DAP Targets Honest Taxpayers, Misses Evaders

Rediff.com4 Oct 2024

DAP does not consider past I-T returns to match a taxpayer's resources with their expenditures or investments, points out Harsh Roongta.

Will GST Relief On Insurance Benefit Us?

Will GST Relief On Insurance Benefit Us?

Rediff.com9 Sep 2024

The life insurance industry does not have a good track record when it comes to passing on tax benefits to policyholders, points out Harsh Roongta.

Make Tax Officials Accountable!

Make Tax Officials Accountable!

Rediff.com23 Aug 2024

'Tax officials view most taxpayers as evaders.' 'The I-T department has a perverse incentive to raise unreasonable demands since the one-fifth tax collected counts towards officials' collection targets,' observes Harsh Roongta.

Indexation: How Nirmalaji Can Fix It

Indexation: How Nirmalaji Can Fix It

Rediff.com5 Aug 2024

The best solution would be the one followed in 2018 -- allow cost indexation until March 31, 2024 -- but exit at any time. The second-best alternative would be to allow time until March 31, 2025 for investors to exit their investments under the old indexation regime, points out Harsh Roongta.

Old Tax Regime May Soon Be History

Old Tax Regime May Soon Be History

Rediff.com24 Jul 2024

There are a number of steps taken that will leave more money in the hands of the taxpayers.
These include the reduction in tax rates under the new tax regime, increase in standard deduction, allowing tax collected at source to be adjusted against tax deducted at source from salaries, notes Harsh Roongta.

Got Excess Funds in Bank Accounts?

Got Excess Funds in Bank Accounts?

Rediff.com10 Jul 2024

Keeping surplus money in a bank account has become perilous, alerts Harsh Roongta.

Weaning Investors Off F&O Is Tough

Weaning Investors Off F&O Is Tough

Rediff.com19 Oct 2023

SEBI has published data showing that more than 90 per cent of investors lose money in futures and options, explains Harsh Roongta.

Why Check and Balances Is Important In Finances

Why Check and Balances Is Important In Finances

Rediff.com28 Sep 2023

While managing their finances, individuals can make it a rule to seek advice from an expert or feedback from a trusted colleague or friend.

Finfluencers: Real Or Fake Experts?

Finfluencers: Real Or Fake Experts?

Rediff.com27 Jul 2023

A mass fan following or a large number of views on a YouTube channel can't possibly constitute 'credentials'.

Do You Know About Debt Fund Growth?

Do You Know About Debt Fund Growth?

Rediff.com9 May 2023

A growth scheme not only leads to lower tax payments than the dividend option. but also allows any income that is not withdrawn to compound, explains Harsh Roongta.

Unclaimed Shares, Dividends? Read This!

Unclaimed Shares, Dividends? Read This!

Rediff.com23 Mar 2023

I stumbled upon shares worth around Rs 300,000 in my late father's name, which are currently with the Investor Education & Protection Fund, points out Harsh Roongta.

The Fear Of Rejection

The Fear Of Rejection

Rediff.com17 Feb 2023

The fear of rejection keeps many of us from experiencing the rich lives we deserve, notes Harsh Roongta.

Start Financial Planning YOUNG!

Start Financial Planning YOUNG!

Rediff.com3 Jan 2023

A disciplined, systematic investment habit started at a young age is normally sufficient to meet modest goals without having to sacrifice a normal comfortable lifestyle, suggests Harsh Roongta.

Govt Must Improve Ease Of Living

Govt Must Improve Ease Of Living

Rediff.com15 Feb 2022

Having a single point KYC that is automatically used across all financial and non-financial entities is a single piece of reform that should be an easy win to achieve, points out Harsh Roongta.

Time To Overhaul Nomination Provisions

Time To Overhaul Nomination Provisions

Rediff.com6 Dec 2021

While reasonable safeguards should be built in, there can't be restrictions on the individual's right to leave her/his money to whoever s/he wants, notes Harsh Roongta.

Why I don't advise clients on cryptos

Why I don't advise clients on cryptos

Rediff.com17 Nov 2021

Risk is difficult to evaluate, warns Harsh Roongta.

Why Is Modi Chipping Away At EPFO?

Why Is Modi Chipping Away At EPFO?

Rediff.com4 Oct 2021

Will the EPFO be required to deduct tax at source or will the employee have to calculate the tax and pay it separately?

If you have elderly parents, please read this

If you have elderly parents, please read this

Rediff.com2 Jul 2021

The life insurance kind of 'statutory nomination', which confers final ownership on the nominee, is the need of the hour for all assets, suggests Harsh Roongta.

Why Every Family Must Have This Discussion

Why Every Family Must Have This Discussion

Rediff.com17 Jun 2021

A discussion on death or serious illness seems to be taboo in Indian families. Not having this discussion borders on being irresponsible towards your loved ones, asserts Harsh Roongta.

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