Page 78 - Sunainaa Chadha

Senior citizen deposits total Rs 34 lakh crore, a 150% growth in 5 years

The report estimates a staggering 74 million senior citizen term deposit accounts in India, holding a combined value of Rs 34 lakh crore.

Deposited over Rs 10 lakh in cash in your account? You can get I-T notice

Cash deposits or withdrawals exceeding Rs 10 lakh (1 million) in a year in a savings account (except current accounts and fixed deposits) require reporting to the Income Tax department.

Should FPIs be worried about latest change to India-Mauritius tax treaty

Changes in tax treaties between India and Mauritius might have made Mauritius a less attractive route for foreign investments

WTFund: Nikhil Kamath launches Rs 20 lakh grant for young entrepreneurs

Focused on nurturing the next generation of changemakers, the WTFund offers non-dilutive grants and a comprehensive support system for promising individuals aged 25 and under.

Iran-Israel war: How this impacts stocks, gold and what should investors do

Further escalation in the conflict may lead to a hike in crude oil prices and in turn push inflation upwards. This reduces the chances of rate cut and in turn valuations of stocks

At 57% value share, commercial realty top PE deals in FY24: Biggest deals

The total value of PE deals in Indian real estate has dropped significantly, from USD 5.1 billion in FY20 to USD 3.7 billion in FY24. This represents a decline of approximately 27%.

Explained: How to switch between old and new tax regimes

If the taxpayers forget to fill the Form 10IE before or at the time of filing of ITR, they will not be able to opt for the new tax regime.

MF trends: Small-caps take a hit, investors bit on large and mid-cap funds

Debt mutual funds saw the maximum outflows in March

Credit card cash payments: 6 high-value transactions can get you I-T notice

Unusually high cash payments to credit cards over Rs 1 lakh or large debt repayments over Rs 10 lakh using cash might warrant investigation

Math mishaps: Don't end up paying more tax! Avoid these common ITR mistakes

Double-check your calculations! You might miss out on deductions you're entitled to or end up owing more tax than you need to.

Explained: Legal hacks start-up founders can use to save on tax

When you sell a long-term capital asset (like stocks or gold, held for more than 24 months), you typically owe capital gains tax. But Section 54F gives you a chance to avoid that tax altogether

NSE raises the raid flag on deepfakes: Here is how you can fall prey to such scams

A deepfake video of a CEO endorsing a stock could create false hype and lead to a surge in buying, inflating the price beyond its real value.

PE investments plunge to 6-yr low in Q1 2024: Here are the top 10 deals

Internet Specific and Financial Services companies attract maximum PE interest with $560 million and $291 million, respectively in in Q1 2024

Explained: Silver prices may touch Rs 1 lakh, should you invest?

Motilal Oswal has cited several factors driving silver prices, including strong demand from the industrial sector (electronics, solar) and its role as a safe-haven asset during economic uncertainties.

Subscription traps to hidden charges: Dark patterns are plaguing the UPI boom

62% of respondents fell victim to bait-and-switch tactics. Here, platforms lure users with cashback offers that are never actually delivered after completing transactions

BSE PSU Index up 92% in past year: Decoding India's divestment opportunity

A well-executed PSU divestment strategy could attract foreign investment, raise corporate governance standards, and generate funds for further infrastructure development

Actively managed or index funds: Where should you park your money?

A large portion of actively managed funds, especially in the mid-cap and small-cap categories (companies with smaller market capitalization), underperformed their benchmarks in 202

Paws n Claws: An insurance plan for pets that covers trip cancellations too

This isn't a "one size fits all" situation! Choose from a comprehensive (all-risk) cover or a customizable plan that allows you to pick and choose the coverage you need.

Auto to realty: Tata Asset Management launches 6 Index funds targetting growth sectors

These index funds are meticulously designed to provide investors with exposure to key sectors having growth potential in the current economic landscape.

RBI widens door for foreign participation in green bonds: What this means

A scheme for investment and trading in sovereign green bonds (SGrBs) by eligible foreign investors in IFSC is being notified separately in consultation with the government and the IFSC authority