No purchase bill for inherited gold? Here's how to calculate tax
Inherited jewellery may be tax-free when received, but selling it can trigger capital gains tax. The acquisition cost, holding period and sale price determine the tax bill.
Inherited jewellery may be tax-free when received, but selling it can trigger capital gains tax. The acquisition cost, holding period and sale price determine the tax bill.
While taking a home loan, I was offered a life insurance cover. There were two options given and am not sure, which one works better. A flat level cover and a reducing term cover. What are the pros and cons of each? Often a bank or an NBFC offers a life insurance cover along with…
Mumbai: One-year certificate of deposit (CD) rates at public-sector banks have risen above 8% in recent days, amid tight liquidity, elevated treasury-bill yields, and expectations of further increases in policy rates to help restrain inflation. Comparable CD rates had fallen to around 6.6% in August, when FCNR(B) inflows left the banking system awash with liquidity….
The deep plunge in Tesla Inc.’s stock on Thursday is turning into a major payday for its short sellers. Shares of Elon Musk’s electric-vehicle maker fell as much as 15% Thursday, their worst intraday drop in more than a year, after second-quarter profit missed expectations and reignited concerns about the company’s artificial intelligence and robotics…
Across market cycles, sectors move in and out of favour, creating both risks and opportunities for investors. Data from the Bandhan Contra Fund NFO presentation, tracking sector performance from 2017 to 2026, shows how market leadership can shift over time. Here’s what experts have to say about these cycles and what investors should consider before…
Documents and holding duration Since capital gains are not auto-populated, taxpayers should first gather all documents required to report the gains accurately. For listed shares and mutual funds, the broker’s or registrar’s capital gains statement should form the basis of reporting, as it captures the purchase cost, sale consideration and holding period for each transaction….
ET Intelligence Group: Tata Consultancy Services (TCS) is expected to report deceleration in revenue and profit growth for the June 2026 quarter amid delays in project ramp-ups as decision cycles of clients elongate. According to the average of the estimates by ETIG and six brokerages, the top line is likely to remain flat sequentially at…