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India received highest number of regressive tax recommendations from IMF: OxfamAn Oxfam report highlights the International Monetary Fund's (IMF) tax advice. India received the most regressive recommendations between 2...- S&P/ASX 200 edges lower as Australian shares lose momentum after two days of rally; Gold stocks drop over 4 per cent, check top gainers-losers and how different sectors performedAustralian shares experienced a downturn on Thursday, February 5, 2026. The S&P/ASX 200 index saw a decline, primarily driven by losses in ...
- Australian shares end flat on final full trading day, ASX 200 edges lower: Netwealth Group sees big rise, Silex Systems records steepest decline; check top losers and gainersAustralian shares closed flat on the final full trading day of 2025, with profit-taking in miners and gold stocks offsetting gains in finan...
- Australian Stock Market closes on high: ASX 200 crossed its 20-day moving average, DroneShield Limited tops the gainers list, here’s how other key indices performedThe Australian stock market finished Friday, December 19, 2025, on a strong note. The S&P/ASX 200 index saw a gain, boosted by top performe...
- First Guardian Master Fund collapses, over 6000 Australians face superannuation lossMore than 6,000 Australians risk losing $590 million in superannuation savings following the collapse of the First Guardian Master Fund. AS...
- Rejig of riches: Study moots robin hood tax for equalityA new study co-authored by economist Thomas Piketty suggests India should impose a wealth tax on the ultra-rich to tackle inequality. Anmol...
- No vote-bank threat, less capital-flight risk from wealth tax: Nitin Kumar BhartiNitin Kumar Bharti, lead author of a recent World Inequality Lab report, suggests imposing a wealth tax in India to address inequalities, s...
- Mark Zuckerberg beats Elon Musk in billionaire 'cage fight' for first time since 2020Richest person: Mark Zuckerberg surpassed Elon Musk to become the third-richest person globally. Musk's wealth declined due to Tesla's chal...
- NextWealth increases its footprint via expanded global partnership with JumioNextWealth believes that the expanded partnership will enable it to consolidate its position as a pure play data services provider.
- Radhika Merchant, Shloka Mehta, Anand Piramal: Net wealth, Educational qualifications and other detailsThe engagement ceremony of Anant Ambani and Radhika Merchant was a star-studded occasion held at Ambanis' Mumbai mansion Antilia. The extra...
- Shah Rukh Khan gets relief from Income Tax Tribunal in Wealth Tax matterThe Income Tax authorities had held that the loan advanced by Shah Rukh Khan was an indirect transfer of assets by the assessee to his wife.
- Shah Rukh Khan's loan to wife Gauri Khan not sham deal to avoid tax, says Income Tax Appellate TribunalGauri funded her purchases of a residential house in Delhi of Rs 1.66 crore and jewellery of Rs 70 lakh, largely out of the interest-free l...
- Five smart things to know about wealth taxWealth tax is an annual direct tax imposed on the net wealth of individuals and HUFs with reference to the preceding financial year or the ...
- Budget 2012 India: Why returning NRIs should watch for new clause in Wealth Tax ActA new provision in the Wealth Tax Act is likely to impact NRIs who have returned to India, especially those with significant asset holdings...
- NRI with multiple assets in India? How to deal with wealth tax obligationsIf you are an NRI with net wealth from assets in India aggregating more than Rs 30 lakh in a year, you may be liable to pay wealth tax.
- Wealth tax proposals under DTC for NRIs returning to IndiaWhile retaining wealth tax rate at 1%, DTC proposes to increase non-taxable threshold of net wealth to Rs 1 crore from Rs 30 lakhs.
- Inheritance Tax: Should India introduce it?Inheritance tax results in redistributing income, since a part of wealth goes to the Government, which is ultimately used for benefit of al...
- Exemption limit for wealth tax to go up to Rs 1 croreDTC Bill proposes to raise exemption limit for imposing wealth tax to Rs 1 cr from Rs 15 lakh at present, a move that will help a lot of ta...
- Wealth tax: Watch out for changes in direct tax codeOur Expert offers tips on various tax-related issues in this weekly Column.
- Minimum Rs 30 lakh needed to be called wealthyGovt doubled threshold for calling a person or entity wealthy, saying wealth tax would be imposed only on those having net wealth exceeding...
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