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REMITTOR ANNUAL NRI WEALTH REPORT 2026
July 31 isn't the ITR deadline for everyone: Who can file income tax returns by August 31, 2026?The income tax return filing deadline for salaried individuals remains July 31, 2026. However, certain taxpayers with business income can f...- Why are Health Systems walking away from Medicare Advantage contracts in 2026? Here’s what enrolled Americans really need to knowTwenty-five hospital systems will end Medicare Advantage contracts in 2026. This move risks patient access to doctors and hospitals startin...
- Services index shows 16 sub-sectors recorded double-digit growth in MayEight services sub-sectors recorded double-digit growth in May 2026. Accommodation and Food services saw a significant 27.4 percent increas...
- ITR filing last date: Will Income Tax Department extend July 31 deadline for FY 25-26? Here's what experts sayITR filing deadline: The July 31 income tax return deadline approaches with many taxpayers yet to file. Experts are divided on whether the ...
- NEET UG 2026 counselling: Check new MCC rules on seat upgrades, resignation and NRI quotaThe Medical Counselling Committee has updated its online counselling procedures for medical admissions. Candidates seeking upgrades will no...
- Global Market: UBS posts 17% jump in Q2 profit, announces $3 billion share buyback planUBS reported a 17% rise in Q2 net profit to $2.8 billion, beating analyst estimates on strong wealth management and investment banking grow...
- Nearly half of NRI property owners are looking to diversify their investment in properties in India: ReportNearly half of NRI property owners seek investment diversification in India now. Most properties entering the sale pipeline are residential...
- Auto wholesales likely to stay strong in July on PV, CV demand: NuvamaDomestic automobile wholesales are projected for strong growth in July 2026. Passenger and commercial vehicle volumes are expected to expan...
- Should investors increase allocation to small, midcaps? Motilal Oswal Private Wealth explains whyMotilal Oswal Private Wealth has increased its recommended portfolio allocation for mid and smallcaps to 50% in its July 2026 report, citin...
- Hold US stocks under LRS? Here’s why you may not be able to gift them to NRI childrenIndian residents cannot gift US shares purchased through the LRS route to their NRI children. The liberalised remittance scheme requires sa...
- HSBC wins $5.5 billion of NRI deposits via leveraged strategyHSBC has mobilised about $5.5 billion in non-resident Indian deposits by offering highly leveraged loans under the RBI's FCNR(B) window, ou...
- India's crorepati list is growing but the problem is who will manage their moneyIndia's ultra-rich population is rapidly increasing, creating a significant advisory gap. The number of wealthy individuals has grown subst...
- Broker earnings stay under pressure in Q1 as derivatives trading slowsMost listed brokers saw earnings pressure in the June quarter. Trading activity in equity derivatives slowed, and gold and silver rallies r...
- Number of billionaires grows 4-fold in five years to 576 in AY'26: Income tax return dataFive hundred seventy-six individuals reported over Rs 100 crore income in 2025-26. This figure shows a fourfold increase from the previous ...
- Wall Street Week Ahead: US stocks face tests from Fed decision, tech-led earnings delugeInvestors await the Federal Reserve's interest rate decision and corporate earnings reports. Technology giants and artificial intelligence ...
- Are gifts given to NRIs by relatives taxable? Here's what you need to know about income tax and FEMA rulesNRIs receiving gifts from resident Indians face varying tax implications. Gifts from specified relatives are fully exempt from Indian incom...
- China to tax offshore trusts as Beijing targets overseas wealthChina's new tax regulations taking effect on Friday will impose taxes on offshore trusts and their associated incomes. A twenty percent tax...
- Motilal Oswal shares crash 7% even after Q1 net profit rises 10%, AUM increases by 31%Motilal Oswal Financial Services reported a consolidated net profit of Rs 1,273 crore for Q1 FY27. Revenue from operations jumped over 25% ...
- Motilal Oswal Q1 Results: Net profit rises 10% YoY to Rs 1,273 crore; revenue climbs 25%Motilal Oswal Financial Services posted a 10% year-on-year rise in Q1 FY27 net profit to Rs 1,273 crore, driven by robust growth in its ass...
- HSBC Offers 19x FCNR(B) Leverage in GIFT CityHSBC's GIFT City unit offers NRIs significant leverage on FCNR deposits. An NRI can borrow up to nineteen times their own funds for deposit...
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