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Can a 10% annual SIP step-up help turn Rs 26,000 monthly investment into Rs 1 crore?A 10% annual SIP step-up could boost a Rs 26,000 monthly investment towards Rs 1 crore in a decade, according to an expert. The analysis hi...
The boss factor: Why a good manager matters more than you think for your careerYou can’t pick the manager, but he could decide your career, says Devashish Chakravarty.
NRI credit cards: Rewards and lounge access aren’t everything, what more NRIs should know before getting an Indian credit cardFor Non-Resident Indians (NRIs), an Indian credit card offers significant benefits beyond convenience, including building a crucial CIBIL s...
Rs 1.50 lakh/month income from Rs 1.5 crore corpus? Easy retirement strategies explainedRetiring with Rs 1.5 cr can provide a monthly income, but the amount depends on risk appetite and investment returns. Experts suggest withd...
Private sector banks are the best contrarian bet for the next 3 years, says S NarenICICI Prudential AMC CIO S Naren warned that rising leverage through derivatives and margin trading poses a bigger risk than any slowdown i...
New NPS withdrawal plan: Retirement Income Scheme offers an orderly exit, but no return guaranteeThe Pension Fund Regulatory and Development Authority (PFRDA) has introduced the Retirement Income Scheme (RIS) under NPS, allowing retiree...
SC's GST ruling on online gaming: A loaded diceGovernment and state lawmakers have agreed to impose GST on online gaming. This tax will apply retrospectively to curb unregulated wagering...
How new online gaming rules will change your income tax and legal exposure depending on the kind of game you playAn online game is any game played on a phone, laptop, or digital device, operated through software using the internet or any form of electr...
Failed to report US stocks gained via ESOP? Use this one-time Amnesty scheme; Know how it worksA one-time amnesty scheme, the FAST-DS, has been introduced to help Indian residents and NRIs resolve past non-compliance with reporting fo...
GIFT City investment edge for NRIs: Tax benefits and global investment access with new insurance opportunityNRIs now have a new investment avenue through GIFT City. This international financial hub provides access to global markets and tax-efficie...
Tax on destination wedding outside India: Will income tax apply on gifts in form of cash, property, gold jewellery? Know the rulesWhether it is cash, gold, car, or even a property, if gifted to the bride or the groom on their wedding, no tax would be levied on the gift...
GST Council to meet on August 2 to discuss 28% tax on online gamingThe Centre is likely to introduce a GST amendment bill in the ongoing monsoon session of parliament after the council’s deliberations.
GST Council to meet next week on e-Gaming levyThe Goods and Services Tax (GST) Council is set to meet virtually on August 2 to discuss legal amendments needed for the 28% levy on online...
Change in taxation for Market Linked Debentures or MLD: An Issuer’s PerspectiveIn a high-volatility market, if an investor wants to protect his principal and yet participate in equity market growth, these products offe...
Sports not games, but both gameOld physically played games like rummy, poker and blackjack are getting seamlessly digitalised, being played online and increasingly in vir...
GST law panel working on definitions of games of skill, chanceAccording to sources, the GST Council's Law Committee, which met in Bengaluru on Saturday, discussed the issues concerning definition for '...
Breather for IT companies: CBDT withdraws a controversial circularIn a breather to the IT industry, the Income Tax Department today announced withdrawal of a controversial circular and modification of anot...
Chances of lowering India rating higher in 12-24 months: FitchThe negative outlook suggests that there is a more than likely chance of Fitch revising rating downwards from 'BBB-' to 'BB+' in the next 1...
- UK law firms may have to pay tax on all profits from India ops
A ruling by the Mumbai bench of Income-Tax Appellate Tribunal (ITAT) could result in UK-based law firms having to pay more tax in India. NR...
- Foreign law firms get tax reprieve from Bombay HC
Foreign law firms have received a shot in the arm following a judgement from the Bombay High Court which clearly states that their income w...