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SHARES GIFT TAX
Son becomes NRI, gifts shares worth Rs 30 lakh to father; should this be disclosed in ITR? What taxpayers must do to avoid tax noticesNRI son gifted Rs 30 lakh shares to his father through an off-market transfer. Should it be reported in ITR? Although a genuine gift of sha...
New tax regime: Save up to Rs 65,500 in tax through your employer's NPS contribution; here's how to claim itSection 80CCD(2) provides a tax deduction for employer contributions to NPS. This benefit remains available under the new tax regime for sa...
Selling Gold? Your tax bill depends on how you own it; ETFs, SGBs, jewellery and digital gold comparedUnlike Gold ETFs, both physical gold and digital gold have longer required holding periods for realizing long-term gains. Additionally, Sov...
How to select the right ITR form based on your income for AY 2026-2027Choosing the right income tax return form for AY 2026-27 depends on income sources. Individuals can now report two house properties using I...
How MTech alumnus’ gift turned into Rs 112 crore IPO jackpot for IIT MadrasA share gift from Indo-MIM founder and IIT Madras alumnus Krishna Chivukula is set to generate a Rs 112 crore windfall for the institute th...
Income tax return: How to report capital gains correctly to avoid ITR filing mistakesAll disclosure of capital gains must be filed in Schedule CG. This schedule houses separate sections for different types of gains. For accu...
NRI insurance: Benefits, risks, and features of GIFT City’s dollar-denominated insurance plansMany companies—including HDFC Life International, ICICI Prudential Life, ICICI Lombard, Star Union Dai-ichi Life, IndiaFirst Life and Tata-...
Regional conflict-driven curbs weigh on flow: FCNR(B) inflows may miss initial estimates, says HDFC Bank CEOExpected FCNR(B) deposit inflows are now projected at fifty to fifty-five billion dollars. Taxation complexities for nonresidents and tight...
Explained: Why 11 international mutual funds halted fresh SIPs and how investors can still invest globallyFresh SIP options in international mutual funds have narrowed sharply, with only Baroda BNP Paribas Aqua FoF accepting new investments afte...
Income tax on gifts: Received cash, property or shares? You may have to pay tax and report it in your ITR in these casesGifts from specified relatives are fully exempt from income tax. Non-relative gifts exceeding certain values become taxable under specific ...
Did you claim a minimum Rs 10,000 income tax refund for your car bought in FY26? Here's how to claim your 1% TCS nowAccording to the income tax rules, car dealers are required to deduct 1% TCS if the ex-showroom value of the car exceeds Rs 10 lakh. Howeve...
Horoscope Tomorrow, July 16, 2026: Unexpected Career Wins, Love Surprises and Financial Guidance Await These Zodiac SignsHoroscope tomorrow for 16 July 2026 highlights a day filled with professional growth, practical financial planning, stronger communication,...
ETMarkets Smart Talk | Tier III India is creating the next wave of millionaires: Centrum Wealth CEO Sandeep DasWealth creation is expanding beyond metros into smaller cities. Family offices are growing significantly, managing wealth more formally. Cr...
Warren Buffett cuts off donations to Gates Foundation following Epstein revelationsWarren Buffett is donating six billion dollars in stock to four family foundations. This significant shift ends a long-standing philanthrop...
ETMarkets Smart Talk | Selling property in India? Here's how NRIs can avoid excess TDS: Trilegal's Himanshu SinhaNRIs face complex tax rules when selling Indian property, often leading to excess tax deductions. Obtaining a Lower TDS certificate can pre...
Why gifting shares to parents works and why gifting it to your spouse is a different story
When Warren Buffett bought one company because of a book, and another on a handshakeHow does the world’s most careful investor buy a company with no due diligence at all? One of Warren Buffett’s acquisitions began with an a...
I have become a foreign citizen. Can my mother make me a joint owner in her property in India?ET Wealth Reader's Query: I am a foreign citizen and an only son. My mother wants to make me the joint owner in a property that belongs to ...
‘Your home loan is a trap’: CA explains how a Rs 50 lakh loan can cost you over Rs 1 croreA chartered accountant warns that home loan borrowers often overlook the total repayment, which can double the initial amount. He highlight...
Leading Indian brokerages gear up to offer seamless access to global stocks via GIFT CityIndian investors can now easily buy foreign stocks like Apple and Nvidia through GIFT City, thanks to major discount brokers like Groww and...