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Sunainaa writes on all things wealth and money for Business Standard. She has formerly worked with ToI, Splainer, HT Digital, Times Now, Firstpost and ET.
Sunainaa writes on all things wealth and money for Business Standard. She has formerly worked with ToI, Splainer, HT Digital, Times Now, Firstpost and ET.
Owning a Singapore passport now gives you visa-free access to a record 195 global destinations, putting the city state at the top on the Henley Passport Index.
The long-term capital gains tax on equity-oriented investments will also be spiked from 10 per cent to 12.5 per cent from July 23, 2024.
Budget 2024 removes indexation benefit for property sales, increasing capital gains tax.
In essence, holding an investment for a longer period now attracts a higher tax, while short-term gains continue to be taxed at a higher rate of 20%.
The removal of this tax will likely encourage more investments in early-stage startups and increase the growth of innovation.
According to the rule change announced in the Union Budget 2021, effective from April 1, 2021, interest earned on employee contributions to EPF exceeding Rs 2.5 lakh per annum is taxable
Overall, the Nifty 100 TRI has seen 33x growth in the last 21 years and 17.4% since its inception.
Annual net SIP flows have doubled in the last three years, from Rs 0.96 lakh crore in FY21 to Rs 2 lakh crore in FY24
International travellers can use the UPI One World app to make payments at merchant locations by simply scanning the QR codes.
India's housing boom: Real estate dominates Indian household savings with highest allocation
Temporary market declines of more than 30%, historically has occurred once every 8-10 years
Bengaluru remained the top city for land deals with 9 deals for around 114 acres, all for residential projects.
Here are the stocks where biggest liquidity has got deployed in June 2024
Deposits are still the most preferred instrument of saving in India although market-based instruments are gaining share, according to an article published in the Reserve Bank's July Bulletin.
ncidents of fraud at overseas branches of Indian banks shall also be reported to the concerned overseas LEAs in accordance with the relevant laws / regulations of the host countries.
Even in June 2024, inflows of Rs 22,350 cr (55% of total active flows) were into these funds.
A LocalCircles national survey of over 21,000 consumers revealed that nearly half (48%) expect their annual earnings to decrease in the coming fiscal year.
The fund aims to maintain a well-balanced portfolio with 80% to 100% exposure in each of manufacturing stocks.
The structural long-term equity bull market for India is intact, driven by strong domestic driving forces
These companies were from diverse sectors like coworking space, furniture retailing and online ticket booking. Most IPOs witnessed strong retail buying, showing domestic investors remain bullish on In