Personal Wealth

China cracks down on wealth flaunting, sets new rules for finance sector

In recent years, the Chinese government has increased its actions and criticism of conspicuous consumption and the flaunting of wealth on social media

Updated On: 10 Mar 2025 | 11:53 AM IST

Revealing the 100X strategy: The ultimate instrument of wealth creation

Most Indians are wary of investing in equity markets because of its intangible nature, but this is the asset class that can ensure the maximum returns over a period of time

Updated On: 17 Dec 2024 | 8:21 PM IST

Companies with declining ROCE: Hidden danger to shareholder wealth

Capitalmind has conducted a ten-year longitudinal analysis nearly 800 companies that were operational 10 years ago

Updated On: 09 Dec 2024 | 3:16 PM IST

Top 10 countries with highest rates of personal income tax, details here

Globally, personal income tax rates differ significantly. High earners typically contribute a bigger percentage of their incomes to these nations' generally progressive tax systems

Updated On: 25 Nov 2024 | 3:17 PM IST

Exploring real estate investment opportunities abroad? Know key risks here

From a financial standpoint, the allure of diversifying, tax benefits, capital appreciation, and enjoying favourable rental yields serves as compelling incentive for investment in real estate

Updated On: 22 May 2024 | 9:37 AM IST

Mumbai 4th wealthiest BRICS city, Bengaluru tops list of emerging millionaire hotspots

Bengaluru, nicknamed the "Silicon Valley of India" due to its booming tech sector, is currently home to approximately 13,200 millionaires and this number is projected to reach over 30,000 by 2033

Updated On: 06 Feb 2024 | 10:08 AM IST

Bank held liable for delay in insurance purchase

The National Commission observed that procrastination by the bank in deducting the premium, despite having obtained authorisation, had led to a delay in policy issuance

Updated On: 10 Dec 2023 | 9:44 PM IST

Update your nominations, review credit report before the year ends

Ensure that loans are properly closed and documents submitted to the lender returned

Updated On: 27 Nov 2023 | 9:50 PM IST

How to generate wealth? 50% equity and 50% debt, says Motilal Oswal

The underlying asset classes for the analysis include Indian Equity, US Equity, Long Maturity Debt, Short Maturity Debt and Gold, all in rupee terms.

Updated On: 31 Oct 2023 | 10:27 AM IST

Rising redemptions keep net systematic investment plan inflows under check

As of August-end, the benchmark Nifty50 had logged gains in each of the past five months starting March and has risen almost 14 per cent during the period

Updated On: 28 Sep 2023 | 6:56 PM IST

Decoded: Why India's millionaires are flocking to Dubai and Singapore

Prohibitive tax laws coupled with convoluted and complex rules on outbound remittances that are open to misinterpretation and abuse are among the problems that have triggered the migration

Updated On: 14 Jun 2023 | 10:43 AM IST

Have realistic expectations from your investments

An investment's six-month performance is akin to data shown on TV during a match - useful to know which way the match is going, not select a batsman

Updated On: 21 May 2023 | 9:53 PM IST

Beware! Cheque bounce can lead to hefty penalty and imprisonment

Keep sufficient funds in account, fill cheque details accurately and legibly, and ensure your signature hasn't changed

Updated On: 08 May 2023 | 8:35 PM IST

PAN-Aadhar link to ITR filing: Complete these 5 financial tasks by March 31

From linking PAN card and Aadhaar Card to submission of updated income tax return (ITR), failure to meet these deadlines may lead to financial losses

Updated On: 16 Mar 2023 | 9:33 AM IST

Budget 2023: Income tax slabs changed under new tax regime. Details here

Income Tax Rates and Slabs: Under the new tax regime, the highest tax rate of 30% will be levied on income above Rs 15 lakh

Updated On: 01 Feb 2023 | 4:11 PM IST

Contact the bank if you have not signed the new locker agreement

While new rules enhance banks' accountability, buying locker insurance is added protection

Updated On: 01 Jan 2023 | 10:46 PM IST

Dollar millionaires in India rise 11% in pandemic-hit 2021: Survey

Dollar millionaires or those possessing a personal wealth of over Rs 7 crore rose by 11% to 4.58 lakh households in India at the end of the pandemic-hit 2021, says a survey.

Updated On: 18 Feb 2022 | 4:32 PM IST

Indian cricket hero named in data leak on offshore dealings of superrich

A worldwide journalistic partnership quoting leaked documents called the Pandora Papers claims to have uncovered financial secrets of powerful figures in 91 countries, including India.

Updated On: 04 Oct 2021 | 11:48 AM IST

Covid leaves Indian adults poorer by 6.1% in 2020: Credit Suisse

The drop in the wealth of Indian adults in 2020, according to Credit Suisse, was amplified by exchange rate depreciation

Updated On: 22 Jun 2021 | 9:31 PM IST

China, India rise in wealth index, US remains world's ultra-rich hot spot

There are 60,000 ultra-high-net-worth individuals worldwide with a combined $22 trillion.

Updated On: 10 Jun 2021 | 10:32 AM IST