Auto Added by WPeMatico
What’s a gift that has the potential to be worth more tomorrow than it is today? Stock. But before transferring shares to a family member or friend, it’s important to understand the tax rules. Who receives the gift determines whether it’s tax-free and how future gains are taxed. Here’s a look at the rules and…
My family is a patron of culture and owns art, jewellery and traditional heirlooms. How can we preserve these assets across generations while balancing access, control and responsible monetization? —Name withheld on request A collection of paintings, sculptures, antiques, jewellery and other heirlooms carries with it a history of patronage and family legacy. While such…
“For example an NRI may have only NRO interest income in India, and the total income may be below the taxable limit, but the bank may still deduct TDS at maximum marginal rate. Similarly, in property sale transactions, 12.5% TDS is deducted on the total sale consideration, and not capital gains, which may lead to…
A few years of disappointing SIP returns are often enough to make investors question whether they have chosen the wrong mutual fund. The temptation to stop investing or switch to a fund that has recently outperformed is especially strong when markets are volatile and portfolios remain in the red. Investment experts, however, caution against making…
Many people assume that having health insurance means they won’t have to worry about medical expenses during the monsoon. However, seasonal illnesses such as viral fever, dengue, malaria, and typhoid often lead to significant out-of-pocket spending long before a patient is admitted to a hospital. “Health insurance and healthcare don’t always begin at the same…
Microcap pharma company Fredun Pharmaceuticals has fixed July 16 (Thursday) as the record date for its 2:1 bonus issue, making today the last day for investors to buy the stock and become eligible for the bonus shares. Only those shareholders who hold Fredun Pharmaceuticals shares in their demat accounts as of Thursday will be eligible…
Ace investor Ashish Kacholia, widely known for spotting emerging small-cap winners, has pared his holdings in two chemical stocks during the first quarter of FY27, locking in gains after the stocks delivered returns of up to 114% so far this year. The latest shareholding data available on the BSE shows that Kacholia reduced his stake…
A new experimental drug has shown it can heal severe fatty liver disease in animals, not by attacking the liver directly, but by fixing a damaged gut first. Scientists say the discovery could open a fresh treatment path for a disease that has no approved cure and is silently spreading among urban population. For years,…
Picture the average American bedroom at night: a phone charging on the nightstand, glowing softly within arm’s reach of the pillow. According to a 2023 survey from the American Academy of Sleep Medicine, 87% of adults regularly sleep with their phone in the bedroom. YouGov polling shows that for many Americans, the smartphone is the…
The June quarter earnings season, which began with Tata Consultancy Services (TCS) on July 9, is set to gather pace this week. Corporate earnings are expected to grow around 10%, marking the strongest expansion in four quarters. On July 15 alone, 43 companies are scheduled to report their June quarter results, according to the BSE…