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CASH TRANSACTIONS RESTRICTIONS
RBI opens bank lending for acquisitions under new frameworkIndia's banking sector is set for a major overhaul with the RBI's new acquisition finance framework, effective today. This move integrates ...
Mind the gap: Financial products that women in India need but don’t haveIf India is serious about women-led growth, it must move beyond credit access and design finance for the agency of women.
Forget fake invoices. The real risk is the assumptions made in the balance sheet to hide lossesMost accounting risks make noise. The biggest one on the Indian balance sheet doesn't. It hides inside growth assumptions, discount rates, ...
Sebi plans buyback via SEs again, easier MF borrowing rulesSebi is set to overhaul buyback rules, potentially reintroducing stock exchange routes and easing merchant banker requirements. Mutual fund...
GST@9: Building a more seamless, certainty-driven input tax credit frameworkA more balanced and predictable approach can help safeguard revenue, reduce disputes, enhance taxpayer confidence, and create a more effici...
Can you sell household items worth more than Rs 2 lakh in cash? Check the tax rulesA woman successfully challenged the Income Tax Department's addition of Rs 10.80 lakh as unexplained cash. The ITAT Chennai ruled in her fa...
Startup investing in India: Why angel investing is high-risk, illiquid, and suitable only for patient investors with diversified portfoliosIndian startup investing, once fueled by easy money, now demands caution due to market volatility and inherent risks. While success stories...
Ola Electric’s QIP boost; AMFI benches Stable MoneyHappy Friday! Ola Electric has raised fresh capital through a QIP. This and more in today's ETtech Morning Dispatch.
SpaceX IPO date countdown begins: When is the SpaceX IPO and how can you buy SpaceX stock before the biggest IPO in market history?The SpaceX IPO is shaping up to be one of the most anticipated financial events in modern market history. Reports suggest that Elon Musk’s ...
Can you use UPI abroad? Here’s what Indian travellers must know about charges, limits and security risksIndian travellers are increasingly using UPI abroad for convenient payments, but understanding its limitations and risks is crucial. While ...
US warns ties with Iran’s Strait of Hormuz authority may bring sanctions for 'anyone' involvedAmerica has issued a stern warning to global shipping and finance firms. Cooperation with Iran's new Persian Gulf Strait Authority could in...
US death tax trap: Uncle Sam's wealth puzzle leaves rich Indians worried for their kidsRich Indian families are racing to shield booming US stock portfolios from America’s 40% inheritance tax, but face complex FEMA and LRS hur...
Himalaya Wealth Managers launches Rs 500 crore SME-focused AIF to bridge equity capital gapHimalaya Wealth Managers LLP has launched Himalaya SME Scheme-I, a Rs 500 crore AIF, to address the equity risk capital gap for high-potent...
Your employer may soon pay your SIP from salary: Sebi's new mutual fund proposal explainedYour employer might soon invest in mutual funds directly from your salary. Sebi is considering a new proposal to allow this. Employees can ...
RBI's new draft guidelines have digital wallets feeling the pinchFounders and senior industry executives told ET that the new draft guidelines released by the RBI on April 22, if implemented in the curren...
SC order turns up tax heat on old benami transactionsThe Supreme Court has ruled that tax authorities can retroactively apply the benami law to confiscate assets from transactions predating 20...
One of Iran's most powerful families founded its largest crypto exchange. It's used by the IRGC to move millionsIran's largest cryptocurrency exchange, Nobitex, is controlled by the sons of the influential Kharrazi family, who concealed their ties for...
Trump's new front against Iran: The US hunts hidden crypto networksAmerica's Operation Epic Fury is now Operation Economic Fury. The US is targeting Iran's cryptocurrency networks. This aims to stop Iran fr...
RBI overhauls prepaid cards & wallets rules: Rs 2 lakh monthly debit limit, usage, restrictions, new safeguard and moreThe RBI has revised Prepaid Payment Instrument (PPI) rules, introducing new monthly debit limits for full-KYC PPIs at Rs 2,00,000, with a R...
Pakistan's top bank restricts cash dollar transactionsIn a bold move to regulate its economy, Pakistan's central bank is tightening access to cash dollar withdrawals. Under the new regulations,...