The vacation-home dream—and the cost of keeping it alive
A second home can offer family time, rental income and a future retreat—but upkeep, distance, vacancies and changing circumstances can make it far more demanding than expected.
A second home can offer family time, rental income and a future retreat—but upkeep, distance, vacancies and changing circumstances can make it far more demanding than expected.
IPO activity is heating up, but investors need to look beyond the hype. Here’s how to use an IPO’s red herring propsectus to assess financials, governance, valuation and other warning signs before subscribing.
Capital markets regulator Sebi has passed an interim order against SME-listed Kore Digital and three of its key managerial personnel after a probe found prima facie evidence of manipulated financial statements, allegedly non-genuine subsidiaries, suspicious accounting entries and diversion of preferential issue proceeds. Sebi has restrained managing director Ravindra Doshi, chief executive officer Chaitanya Doshi…
Reliance Industries’ telecom and digital arm Jio Platforms has secured Sebi approval for its IPO, taking one of India’s most closely watched listings a step closer to the market. The offering is expected to raise around Rs 37,700 crore and value the digital services company at nearly Rs 9.5 lakh crore, potentially making it one…
The government has withdrawn 5,978 departmental income-tax appeals and decided not to file another 17,489 after raising the monetary limits for pursuing tax disputes before appellate forums. The move has affected cases before the Income Tax Appellate Tribunal (ITAT), High Courts and the Supreme Court. The figures were disclosed by Finance Minister Nirmala Sitharaman in…
Senior citizens enjoy several tax benefits under the income tax rules. However, simply because a bank has deducted tax at source (TDS) on interest income does not necessarily mean that a senior citizen is exempt from filing an Income Tax Return (ITR). The requirement to file an ITR depends on several factors, including the taxpayer’s…
If I were no longer able to manage my finances tomorrow, would my family know what I own, where it is held, and how to access it? Name withheld on request A modern household’s finances are often scattered across multiple bank accounts, systematic investment plans (SIPs) on various mutual fund platforms, provident funds, insurance policies,…