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Nebius upsizes debt sale to $5 billion to fund data centres, AI platformThe Amsterdam-headquartered company plans to issue private convertible notes worth $3 billion maturing in 2030, and notes worth $2 billio...- NRI selling Indian assets? US, UK, UAE, Canada, Australia or Singapore - how your country of residence could decide the income tax billWhen selling Indian assets, be cautious of the potential tax implications linked to your country of residence. Tax obligations can vary bas...
- Who is Hui Ka Yan? China Evergrande founder sentenced to life in prison for orchestrating massive financial fraudWho is Hui Ka Yan? Hui Ka Yan, the founder of China Evergrande, has been sentenced to life imprisonment for a range of financial offenses, ...
- In 1964, Jane Sewall bought the abandoned Maine island she had dreamed of since childhood; 22 years later, she gave it away to keep it wild foreverJane Sewall's childhood dream came true when she purchased Witch Island near South Bristol, Maine. In a generous move, she donated it in tw...
- Should I make my foreign national son a co-owner of my properties for inheritance?ET Wealth Reader's Query: I’m a single parent and my only son is now a foreign national. I want to safeguard his interests and am wondering...
- At 86, a Pennsylvania farmer turned down more than $15 million from data-center developers and accepted $1.9 million instead, sending his land down a very different path: keeping the farm alive rather than turning it into a server campusAn 86-year-old farmer turned down a staggering $15 million for his Pennsylvania farms, choosing instead to accept $1.9 million via a conser...
- Five generations of one Texas family cared for 1,029 acres of land. In 2005, they handed hundreds of acres over to wildlife instead of developers for protection of 2 species of America's rarest birdsA Texas family chose conservation over development, helping protect 1,029 acres of land cared for by five generations. The Trust for Public...
- Man constructs a house before selling his old property and claims income tax exemption under Section 54; Income Tax Department sends notice; he wins case in ITAT DelhiConstructs house for Rs 47 lakh in Tilak Nagar, sells old property in Paschim Viharfor Rs 53 lakh, pays no tax, tax dept sent notice, man w...
- JCPenney has just days left as beloved Maryland mall shuts for good on August 31 after nearly 70 years, leaving generations of shoppers saying goodbyeEastpoint Mall in Dundalk, Maryland, will permanently close its doors on August 31. The beloved shopping center has served the community si...
- Global Market: Chinese stocks slide as semiconductor and robotics shares tumbleChinese stocks tumbled on Wednesday as semiconductor and robotics shares came under heavy selling pressure, with weak corporate earnings an...
- Property Tax: Selling your property too early after buying it? 5 small mistakes can wipe out your tax savings
- Should I sell my flat and invest to earn interest, or keep it and earn rent in my retirement?ET Wealth Reader's Query: I own a two-bedroom flat in Bengaluru, which is about 10 years old, and have no outstanding loan. I am a senior c...
- Inherited mother's land, converted it into business stock, and invested over Rs 5 crore in a new home; ITAT Surat grants Section 54F tax exemption relying on a 1983 CBDT circular; Know whySon inherited 50% of mother’s land and took it in his real estate business as business stock; brought an even larger plot for Rs 2 crore cl...
- Real estate stocks: Time for a tactical relocation? 10 stocks with an upside potential of up to 35%In its operating matrix, the real estate sector is different from most sectors listed on the exchanges. In fact, a large part of the indust...
- Ryanair co-founder’s 951-acre estate with 7-bed mansion, 268 horse stalls listed for $57.5 millionRyanair co-founder Tony Ryan's family is selling Castleton Farm for $57.5 million. This historic 951-acre estate in Kentucky dates back to ...
- Sonu Nigam buys small studio size 258.33 sqft office in Andheri for Rs 1 croreSinger Sonu Nigam has purchased a 258.33 sq ft commercial office in Mumbai’s Andheri West for Rs 1 crore. The deal, registered on August 6,...
- In 1990, this Californian family turned down $ 4 million for 6,300 acre land. 20 years later, they bagged $ 12.7 million deal for that same piece of landA California family fought the government over ancestral ranch land. The Gherini family believed their island property was worth millions m...
- NRI selling property in India: Should sale proceeds go to an NRE or NRO account? Know repatriation limits and RBI rulesAre you an NRI looking to sell your property in India after relocating abroad? It's essential to understand the process of repatriating you...
- In 1960, this Florida man rejected a multi-million-dollar deal to live in Jacksonville. Donated land to poor and protected wildlife until his deathLiving a life of simplicity, Willie Browne placed a higher value on the beauty of nature than on riches. He generously donated part of his ...
- Sold property for Rs 94 lakh despite a stamp value of Rs 1.93 crore, received an income tax notice under Section 50C; ITAT Chennai grants relief for this reasonChennai man sold property for Rs 94 lakh despite Rs 1.93 crore stamp duty value; so tax dept sent notice u/s Section 50C to tax the differe...
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