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WEALTH TRANSFER RULES IN INDIA
FEMA rules revision: Exporters flag at least half-a-dozen worriesIndian exporters are urging the Reserve Bank of India to reconsider revised FEMA regulations, citing potential disruptions to trade and liq...
Husband has to pay income tax on wife’s earnings from FD, gold, shares under clubbing of income in these casesITR filing: Transferring investments to your spouse to save taxes is a common misconception. The Income Tax Department scrutinises fund sou...
Wealth wisdom of the day: 'The best way to measure your investing success is...' - A must read, powerful lesson for every investorWhile chasing higher returns often feels thrilling and makes you feel like you are winning, following disciple with a proper plan in mind i...
Transfer of Katchatheevu to Sri Lanka another 'historic dark chapter' of Congress rule: BJPThe BJP has sharply criticised the Congress, labeling the 1974 transfer of Katchatheevu island to Sri Lanka as a "historic dark chapter" th...
Domestic SIPs power India's market resilience amidst FPI outflows: HDFC SecuritiesIndia is experiencing a pivotal shift in its financial markets as domestic investors take the lead over foreign entities, enduring a three-...
Cristiano Ronaldo vs Lionel Messi: Who leads the net worth race in 2026? Inside the billion-dollar rivalryFootball titans Cristiano Ronaldo and Lionel Messi have both entered the billionaire club, showcasing their immense global influence beyond...
Does hustle culture suit Indians? 7 things to know about building wealth in a rigged system
Did you put an FD in your wife's name? A step-by-step guide on how to claim the tax credit back in your ITR
RBI says no to special exposure relaxations for state NBFCsThe Reserve Bank of India has firmly rejected requests for special exemptions from concentration norms for government-owned NBFCs, emphasiz...
Bihar govt approves setting up of five new private universitiesBihar's cabinet has approved the establishment of five new private universities to boost higher education access. Additionally, new teacher...
FundsIndia raises Rs 44.6 crore through maiden secured NCD issueFundsIndia has raised Rs 44.6 crore through its maiden private placement of secured non-convertible debentures, marking its entry into the ...
India's asset wealth management AUM projected to reach US$ 1.7 trillion by 2030: PwC reportIndia’s asset and wealth management industry is projected to reach US$1.7 trillion in AUM by 2030, driven by rising retail participation, g...
Not money savvy & only getting worse? 7 silent money mistakes draining middle-class India dry
On ESOP value over US$ 60,000 US estate tax up to 40% can be levied after death of even a non-US resident; Here’s how to manage its impact on legal heirsIndian professionals holding US ESOPs and RSUs face a significant risk of up to 40% US estate tax on assets exceeding $60,000 after their d...
Binance tightens rules for India users, falls in lineBinance, the world's largest crypto exchange, is now requiring Indian users to provide more details for every crypto deposit and withdrawal...
Husband trades through wife’s demat account, incurs Rs 1.95 crore loss; tax dept sends notice over clubbing of income, ITAT Lucknow grants him reliefA husband's attempt to offset substantial stock market losses against his income was initially rejected by tax authorities. Despite trading...
Credit card points: How to use them for free flights, hotel stays, and better travel rewardsTravellers should also remember that loyalty program transfers are generally irreversible. Before moving points to an airline or a hotel pr...
India's airports may turn global transit centres, eye Gulf rivalryThe government has formulated an integrated policy to develop the main airports of Delhi, Mumbai and Bengaluru into international transit c...
India to have 26,000 high net-worth families by 2030, says reportThe number of high-net-worth families (with wealth over $30 million) in India is set to increase from 16,000 in 2025 to about 26,000 by 203...
New RBI rules for NRIs and OCIs: Key changes in investments, NPS and money transfers