Usually, foreign income is not taxable under IT Act for a RNOR individual. However, since you would be providing consultancy services from India, such income would become taxable in India at the normal slab rates.
Mistakes in financial planning can hinder your progress toward financial goals significantly. Some errors result from a lack of knowledge, while others stem from negligence or a reluctance to understand basic financial concepts commonly used in everyday conversations.
There are multiple ways of investing abroad. One of the convenient avenues of doing so is mutual funds.
For incomes up to ₹7.5 lakh, the new tax regime is the clear choice, offering a rebate after ₹50,000 deduction.
In the last few years, some fintechs have emerged that allow usage of credit cards for P2P transactions like rent, tuition fees, etc. The RBI is not comfortable with these payments as credit cards are meant for P2M transactions.
Regulatory tightening on unsecured loans and rising capital costs could also be a sentiment positive for gold-backed lenders
Global markets including India sank in trade today on the back of escalating Middle-East tensions. While the volatility in the markets is likely to be short-lived, as per experts, the rising tensions can, however, lead to a surge in crude oil prices.
We advise to be invested in silver and keep adding on dips towards ₹75,000 for a medium to long term upside towards ₹92,000 followed by ₹100,000, Motilal Oswal said in its report.
Ashiana Housing shares surged by 19% to reach a new high of ₹398.75, closing at ₹382.50. This rally came after the company sold 224 luxury flats in Gurugram for ₹440 crore within 15 minutes of launch. It reported a significant increase in the value of area sold, reaching ₹862.53 crore in Q4.
Ramdevbaba Solvent IPO subscription period is from April 15 to April 18, with a price band of ₹80 to ₹85 per share. The lot size is 1,600 shares. Ramdevbaba Solvent produces and distributes rice bran oil, selling under the brands 'Tulsi' and 'Sehat'.
It plans to spend at least ₹1,000 crore to acquire 2,000-4,000 beds and add another 1,700 organically, chief executive Nitish Shetty said.
The social media platform will invest the money on its ad targeting technology and to improve consumer transactions on Sharechat as well as its short-videos platform Moj
The startups that have gone to management colleges are competing with the more established companies with heftier compensation packages. They offer between ₹15 and ₹35 lakh on average to management trainees. In some cases, their niche profiles have become their biggest calling card.
The Mumbai-based firm is likely to appoint banks such as Citi, Kotak, JP Morgan and Morgan Stanley among others
Share of anchor investors in the telco’s follow-on public offer is set to be fully subscribed, and the company’s now focused on attracting retail and wealthy investors
Ask yourself, does an outflow of ₹94 crores (not a typo error), actually mean much given the total money under management smallcap funds is a cool ₹2,43,368 crores? Well, if you are an optimist, you could call this a start. If you are a realist, then, this is a joke.
Instead of grudging their authority, we should learn a thing or two from their zest for life
Will a West Asian flare-up hit economies hard? Risks have run red-hot. Much depends on whether the US can restrain Israel, Biden’s political future included.
We should put in place a policy framework to help startups, etc., use intangible assets as collateral. This will aid the evolution of India’s economy
He seems stuck between the US left and the right on this war, with his re-election prospects at stake. He should focus on human rights.