Indian taxpayers must disclose foreign income and assets in their income tax return each year to avoid penalties up to ₹10 lakhs. Deadline to report foreign assets, importance of such a disclosure among other details explained here.
Energy transition has become a key investment theme for Nikhil Kamath, co-founder of Zerodha Broking Ltd., as the US-Iran war reinforces the sector’s importance and creates opportunities across its value chain.
Many international destinations now require travelers to have insurance coverage to enter, a trend heightened by the Covid pandemic. These policies help cover medical costs and emergencies, with uninsured tourists often denied entry.
Wall Street’s tech stocks fell sharply as concerns about AI-driven gains grew. Nasdaq and S&P 500 dropped, with losses in semiconductor stocks and SpaceX leading the charge.
IPO funds are equity mutual fund schemes that invest primarily in recently listed companies. Rather than applying for individual IPOs, investors get a portfolio of newly listed stocks. As Radhika Gupta notes, “Rather than figuring out which IPO to invest…
SpaceX is experiencing a fourth day of stock losses amid a tech sell-off, dropping about 3% to $150. This follows a record $75 billion IPO last week, with investors concerned about AI enthusiasm. SpaceX has lost over $600 billion in…
Focused funds are equity mutual fund schemes that invest in a limited number of stocks, allowing fund managers to take concentrated bets. These funds can invest in a maximum of 30 stocks and must allocate at least 80% of their…
Selling assets like shares, mutual funds, gold, or property triggers capital gains tax. Section 54F of the Income Tax Act offers exemptions if long-term profits are reinvested into residential property. Details here.
Raising a child varies significantly in cost across Bengaluru, Mumbai and Delhi. I asked ChatGPT to compare expenses across cities.
Experts suggest that investors with a 3-5 year horizon may consider investing in Nifty IT Index Funds through the SIP approach, while those seeking short-term returns or lower volatility may prefer to stay on the sidelines until there is greater…
