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FOREIGN RETIREMENT ACCOUNTS DISCLOSURE
Trump's financial disclosure reveals 21,000 trades in 2025President Trump's first year saw over 21,000 securities trades, valued between $600 million and $1.86 billion, often coinciding with policy...- Bank of Baroda to pay $600 million to settle NMC Health insolvency claimsBank of Baroda has agreed to a $600 million settlement with administrators of the insolvent NMC Health Plc. The bank faced allegations of g...
- Tax department steps up scrutiny of charitable trusts over disclosure mismatchesThe Income Tax Department is intensifying its review of charitable trusts and non-profits, demanding detailed fund utilisation and governan...
- The Pakistan connection that helped Donald Trump make $1.4 billion crypto jackpotDonald Trump's latest financial disclosure revealed that crypto ventures generated an estimated $1.4 billion of his 2025 income, eclipsing ...
- Maharashtra puts new RTI Rules on hold after Hazare's agitation threatChief Minister Devendra Fadnavis has asked the Chief Commissioner of RTI stay on the new Maharashtra Right to Information Rules, 2026, foll...
- Made less than Rs 1.25 lakh LTCG from equities this year, do you need to file ITR?Even if your long-term capital gains from stocks are under Rs 1.25 lakh, you must still file your Income Tax Return for AY 2026-27. While t...
- Zepto’s ops structure sparks regulatory fear ahead of IPOUnlike Blinkit's inventory-led model or Swiggy-owned Instamart's marketplace structure, Zepto combines wholesale operations with a marketpl...
- How much monthly income can you generate if you retire with a ₹2 crore corpus? Here's how long it may last
- India does not take cognizance of such events: Foreign Secretary on reports of India-Pak Track 2 dialogueIndia's Foreign Secretary Vikram Misri clarified that the government has no involvement in retired diplomats and military officials attendi...
- Foreign income in ITR? Avoid these 7 disclosure mistakes that can cost you dearly
- AI driving credit risk, may threaten jobs and tax revenues in developed economies: FitchFitch Ratings highlights AI and massive digital infrastructure spending as significant global credit risks. While AI promises efficiency, i...
- Rupee's defence takes RBI dollar shorts to a record highThe Reserve Bank of India's net short forward position in the currency market surged to a record $106.6 billion in May, indicating signific...
- IBBI seeks to streamline real estate insolvency regulations with focus on homebuyersIndia's bankruptcy watchdog is proposing significant reforms to expedite real estate insolvency. Key changes include excluding completed or...
- Is Rs 2 crore enough for retirement? See the monthly income you can generate and how long your corpus may lastRetirement planning India: Retiring with Rs 2 crore? Experts advise a prudent 3.5-4% withdrawal rate, yielding around Rs 60,000-Rs 70,000 m...
- Need Rs 1 lakh urgently? Think again before withdrawing it from your retirement fund as it could cost you Rs 30 lakh laterRetirement planning: Dipping into your retirement corpus for urgent needs can be a costly mistake, potentially costing you lakhs by retirem...
- ITR filing guide: Know when tax return filing is mandatory, who needs to file and who is exemptIndividuals and Hindu Undivided Families (HUFs) are required to file income tax returns (ITR) if their total taxable income before the appl...
- Foreign investments in your portfolio? Follow this ITR checklist to avoid tax scrutinyResident and Ordinarily Resident (ROR) taxpayers with foreign assets or income must carefully disclose overseas investments, dividends and ...
- ITR filing 2026: Foreign income and overseas assets? Avoid these 7 costly disclosure mistakesReturning Indians face new tax filing complexities. Foreign retirement accounts now necessitate the more detailed ITR-2, moving away from t...
- RBI's dollar inflow measures buy time, but external risks remainThe Reserve Bank of India's recent measures to boost dollar inflows are a temporary fix, economists warn. While these steps aim to stabiliz...
- Have a US 401(k)? Indians must report withdrawals and maturity details in ITR schedules FSI and FAIndian taxpayers with US 401(k) accounts must now report withdrawals and maturity details in ITR schedules FSI and FA. Failure to disclose ...
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