The NRI guilt trap: why high salaries abroad don't always create wealth
Many NRIs earn in dollars but struggle to build wealth as family obligations, emotional guilt and social expectations drain savings and delay financial independence.
Many NRIs earn in dollars but struggle to build wealth as family obligations, emotional guilt and social expectations drain savings and delay financial independence.
Markets regulator Sebi has replaced the existing US dollar-denominated registration fee for Foreign Portfolio Investors (FPIs) and Foreign Venture Capital Investors (FVCIs) with a rupee-denominated fee structure. To implement the change, the Securities and Exchange Board of India (Sebi) has amended the rules governing FPIs. The revised provisions will come into effect after six months,…
The government of India has recently clarified that it has no plans to tinker with or abolish the Long-Term Capital Gains (LTCG) tax on equities for retail and domestic investors, putting to rest market speculation on the issue. The clarification comes at a crucial time, with the last date for filing income tax returns on…
Buying a car is a major expense but many buyers don’t realise they may be entitled to an income tax refund on the purchase. If the vehicle’s value exceeds the prescribed limit, the dealer collects 1% TCS (tax collected at source) at the time of sale. This is not a extra charge but rather tax…
Do you actively trade in equities? Do you know the tax liabilities required to be met? Filing income tax returns has become more detailed for individuals engaged in intraday and futures & options (F&O) trading in AY 2026-27. The latest ITR forms now require such taxpayers to make additional disclosures. Thus, it is indispensable for…
One of the key goals of wealth creation is to meet your financial goals. The process gets simpler when your financial goal is specific, time-bound and defined by a number. Suppose you want to accumulate ₹1 crore over a period of 10 years, and intend to achieve it by investing your funds in mutual funds….
Titan Company said its consumer businesses grew about 41% year-on-year in the June quarter, helped by strong jewellery demand, store expansion and a sharp rise in its international business. The Tata Group company added 77 stores on a net basis during Q1FY27, taking its total retail network to 3,680 stores as of June 2026. The…