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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.
The NPS is used not only to build a sizable retirement kitty but also to reduce your taxable income by an additional Rs 50,000.
Some platforms or merchants are levying a convenience or transaction fee for UPI transactions
HUF has its own PAN card, and separate returns are filed, ensuring its independence from individual tax liabilities.
According to an analysis by Fisdom, schemes like HDFC Small Cap, Axis Small Cap Fund, HSBBC Small Cap Fund, DSP Small Cap fund and Franklin India Smaller Cos Fund carry a relatively higher risk
Watch was the most preferred investment by Indian UHNWIs, followed by Art and Classic Cars. Globally, super rich cited Art as the preferred luxury investment, followed by watches and classic cars.
Nearly 14 per cent of their residential portfolio is allocated outside India.
You must buy only a term insurance plan. The premium that you pay is eligible for tax benefit under Section 80C
Malta holds first place in the 2024 Global Citizenship Program Index as it has done for nine consecutive years
An ELSS fund is an equity-oriented scheme with a mandatory lock-in period of three years. In recent years, many taxpayers have turned to ELSS schemes to avail of tax benefits.
Fraudulent trading platforms are offering resident Indians trading opportunities on par with foreign funds, which is not possible under the current rule
Kotak Institutional Equities expects the market to remain largely range-bound this year.
Market participants expect the rupee to appreciate to the 82 mark in the current calendar year given the healthy capital flows and reasonably higher balance of payment surplus.
Indian mutual funds have an exposure of Rs 1,699 crore (on an AMC level) to Nvidia. Some of the top fund houses with exposure to the chip maker's stock include Motilal Oswal, Mirae, Franklin, Kotak an
FY24 trends show FIIs remain upbeat on Capital Goods and Auto while paring stakes in Financial Services and FMCG
Media, FMCG Auto and IT has lagged the broader trend
The visa is to be issued within a period of 2 working days upon receipt and acceptance of the application
Bite-sized SIPs generated from growing household savings are billowing sufficiently to push India's mutual fund industry to double its AUM in 5 years, expects Axis Capital's Praveen Agarwal
Large caps tend to offer reasonable stability during market corrections, whereas, Mid caps offers relatively high growth during rising market scenarios
Mule accounts are essentially bank accounts that receive funds from illegal activities and then transfer them elsewhere, acting as a bridge in the laundering process.
The apartment size is 10,813 sq ft and it comes with five car parkings, the document showed.