Missed declaring foreign assets? Here’s your relief window—with a catch.
The CBDT is giving small taxpayers, NRIs and employee stock option holders until 31 December to avoid severe Black Money Act penalties, but this immunity comes at a steep cost.
The CBDT is giving small taxpayers, NRIs and employee stock option holders until 31 December to avoid severe Black Money Act penalties, but this immunity comes at a steep cost.
The S&P 500 and Nasdaq ended sharply higher on Monday, with Broadcom and other chip stocks rallying as investors bought shares in companies related to artificial intelligence that are expected to drive a strong second-quarter earnings season. Broadcom jumped after the chipmaker and Apple agreed to extend a deal through 2031 to develop and supply…
Andhra Pradesh Chief Minister N Chandrababu Naidu on Saturday announced several measures to address the long-pending demands of government employees, including setting up the 12th Pay Revision Commission (PRC), releasing two pending Dearness Allowance (DA) instalments and increasing pensions for older pensioners from January 2027. Naidu held a meeting with representatives of various employee associations…
A viral post claims SIPs delivered just 6.7% over two decades. But the calculation is flawed—and the flat market it cites is precisely when SIPs quietly do their best work.
Mumbai: State-owned Nabard rejected offers received for its ₹8,000-crore bond issue Tuesday after investors demanded yields in excess of 7.60% for a tenure of five years. Nabard’s bond was one of the largest proposed issuances in more than a month. The lender planned to borrow around 7.40% – 7.45%, market participants said. The withdrawal highlights…
A rise in a mutual fund’s cash allocation can easily be mistaken for a warning that the fund manager expects the stock market to fall. But experts say investors should not treat the cash figure as a direct market call. Cash may build up for several operational reasons, including fresh inflows awaiting deployment, money required…
Shares of Motilal Oswal Financial Services crashed more than 7% on Friday after the domestic brokerage reported a consolidated net profit of Rs 1,273 crore for the April-June quarter of FY27, marking a nearly 10% year-on-rise from the Rs 1,162 crore reported in the same period last year. The shares of the company dropped to…