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.
South Korea’s benchmark KOSPI index staged a dramatic comeback on Friday, jumping more than 16% to recoup almost all the losses suffered earlier this week. The rally was powered by sharp gains in heavyweight chipmakers Samsung Electronics and SK Hynix, tracking a strong recovery in U.S. technology stocks. Trading was briefly halted as has been…
Mid-cap mutual funds have rewarded disciplined investors over the long run, with a majority of schemes delivering strong returns through systematic investment plans (SIPs). Data from Value Research shows that 12 mid-cap mutual funds generated annualised SIP returns of more than 18% over the past 10 years, highlighting the category’s wealth-creation potential despite periodic bouts…
ET Intelligence Group: Molbio Diagnostics, a molecular diagnostics manufacturer, plans to raise ₹200 crore through a fresh issue for capital expenditure. It will also raise ₹740 crore through an offer for sale. The promoter group’s stake will fall to 43% after the IPO from 46.6%. The company operates six manufacturing facilities across India and serves…
The Employees’ Provident Fund (EPF) is a government-backed investment and retirement savings option in India. Salaried individuals are eligible to open an EPF account when basic pay and dearness allowance are up to ₹15,000. You can further opt for voluntary provident fund (VPF), if the basic pay and DA exceed ₹15,000 per month. For FY26,…
India’s markets regulator is planning sweeping changes in rules that could bolster tiny-company listings and increase investor participation, according to people familiar with the matter. The Securities and Exchange Board of India plans to allow companies with a market value of as much as Rs 4,000 crore ($420 million) to use the so-called small and…
India’s UPI could become a critical bridge between the country’s traditional financial system and crypto as digital assets move beyond trading and into payments, settlement and tokenised finance. The bigger opportunity for India’s crypto ecosystem may not simply be getting more people to buy Bitcoin. It could make it easier for rupees to move into…