Page 83 - Sunainaa Chadha

Why UK's proposed tax changes will make it less attractive for wealthy NRIs

The UK plans to tax global income of NRIs, which may potentially make the country less attractive for relocation

Corporate bond market booms: Record high mobilization despite tax changes

India's corporate bond market has witnessed a phenomenal year, recording an all-time high of Rs 9,97,804 crore (approximately $1.2 trillion) mobilized through private placements in fiscal 2024.

Old or new tax regime? Which one is better for you in the new fiscal year

Are you a regular investor in tax-saving instruments? Do you own a home and pay interest on a home loan? If the answer is yes, the old regime might offer greater tax benefits

Small-cap outflows for first time since Aug 2021, 70% shifted to large-caps

Small-cap fund managers are adjusting their strategies by deploying cash and increasing exposure to large caps, likely in response to market conditions and investor behavior.

Demat accounts hit new high, touch 15 crore in March 2024

Total number of demat accounts jumped to 15.1 crore in March 2024, with new account additions surging to 31 lakh in the previous month.

Paytm gets nod for user migration to new UPI IDs: What this means for you

he National Payments Corporation of India (NPCI) recently gave Paytm the green light to migrate users to specific banks that handle UPI transactions (called PSP banks).

Explained: Is there a deadline to choose between old and new tax regime?

You can select the tax regime while filing your ITR. The standard due date for ITR filing is July 31st

Nifty Realty bags gold with 133% return: How investor wealth soared in FY24

The top performer in FY24 was the Nifty Realty Index, which witnessed a staggering 132.5% rise, followed by Nifty PSE (Public Sector Enterprises)

Vodafone India FPO: How is it different from IPO? Who are anchor investors?

Vodafone Idea (Vi), India's third-largest telecom operator, has raised about Rs 5,400 crore in its follow-on public offering from anchor investors

New rules for payment aggregators: Why it matters, what it means for you

RBI has proposed that non-banks offering PoS must notify the regulator of their intent to seek authorization within 60 days, and then submit their application by 31 May 2025, for approval to continue

70% opt for cost-effective health policies: These are the most popular ones

Seniors are leading the charge for affordable health insurance. A staggering 34% of those choosing cost-effective plans fall within the 55+ age bracket

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.

From health to capital goods: The stocks mutual funds bought in March 2024

In March 2024, MFs showed an interest in Capital Goods, Consumer, Private Banks, Automobiles, Healthcare, NBFCs, Retail, Metals, and Telecom, leading to a monthly rise in their weights.

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