Moved back to India? This buffer can help you with tax planning
During the RNOR window, your Indian income is taxed exactly as it would be for any resident. Any income earned in India is taxable and must be declared in the ITR
During the RNOR window, your Indian income is taxed exactly as it would be for any resident. Any income earned in India is taxable and must be declared in the ITR
At the recent low of 12514 points, the Sensex has tested the 12800-12000-pts support zone and has since then attempted a corrective rally. During the past trend phases in the Sensex, a monthly moving average convergence/divergence (MACD) cross-down below its trigger line, have, typically, led to a significant value erosion, with the corrective phase lasting,…
MUMBAI: A trading combination involving Nifty options is gaining prominence among savvy trading desks of institutional investors. The strategy, known as calendar spread, where traders simultaneously sell options contracts in the current month and purchase in the next month, is being recommended by brokers to institutional clients, who see sharp moves in Nifty options’ implied…
Online rental and subscription platform Rentomojo Ltd has received Sebi’s go-ahead for its proposed initial public offering (IPO), an update with the regulator showed on Monday. The proposed IPO comprises a fresh issue of equity shares aggregating up to Rs 150 crore and an Offer for Sale (OFS) of 2.84 crore equity shares by existing…
 Introduction: In this article, I’ll delve into the essential aspects of managing a flexi loan effectively. Flexi loans offer borrowers a degree of financial flexibility that traditional loans often lack. However, to make the most of this financial tool, it’s crucial to have a strategic approach. I mean, these are the factors: Understanding Flexi…
The shares of Vedanta Oil & Gas, Vedanta Iron & Steel, and Vedanta Power crashed up to 8% on Monday after the respective Q1 updates from the recently listed companies failed to impress Dalal Street bulls. Vedanta Aluminium Metal shares, however, gained over 1% on Monday morning. The four companies that were spun out of…
SoftBank-backed digital-commerce ecosystem AceVector Ltd has filed updated draft papers with markets regulator Sebi for an initial public offering (IPO), which will include a fresh issue of shares worth Rs 300 crore. In addition to the fresh issue, the IPO will also involve an offer-for-sale (OFS) of 6.38 crore shares by existing shareholders, according to…