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As a non-resident Indian, you may have the dubious honour of paying tax twice. If you live and earn abroad, your foreign income will be taxed in your host country. But if you still have investments, assets, or business transactions in India that earn you money, you will have to pay tax on the Indian […]
I hold shares in a demat account in which I am the first applicant and my wife the second applicant. My wife passed away recently. Can I trade in shares on my own now? Are there any formalities that I need to do in this regard? Raj Khosla, Founder and Managing Director, MyMoneyMantra.com, replies: Following
I want to invest Rs 5 lakh in a lump sum but am not able to decide if it should be in the equity market or a simple LIC endowment plan. Please advise. Naveen Kukreja, CEO and Co-Founder, Paisabazaar.com, replies: Choose equity mutual funds over endowment plans. Typically, endowment plans have a policy term of
Equities vs endowment life insurance plan: Where should I invest? Read More »
(This story originally appeared in on Jun 13, 2021) India’s first official beyond visual line of sight (BVLOS) medical drone delivery experiment is scheduled to begin this week in Gauribidanur, some 80km from Bengaluru. While the consortium of firms led by Bengaluru’s Throttle Aerospace Systems (TAS) had got Directorate General of Civil Aviation (DGCA) approval
India’s first medical drone delivery trials from June 18 Read More »
DLF Cyber City Developers Ltd (DCCDL) expects office space leasing to reach the pre-Covid level in fiscal 2023, managing director Sriram Khattar of the rental arm of property developer DLF told investors on an earning call Saturday. DLF’s newly appointed chief executive, Ashok Tyagi, said the rental portfolio would be ready to be listed as
DLF expects office leasing recovery by FY 23 Read More »
Mid-sized motorcycle maker Royal Enfield expects the current fiscal to be one of the best for the company in terms of new model launches as it looks to drive in an array of new products for domestic and international markets, according to a top company official. The company, which is part of , noted that
Current fiscal may see highest number of model launches: Royal Enfield Read More »
Saint-Gobain India, which has entered into the B2C segment in the housing solutions business, is looking at a revenue in the range of Rs 750 crore to Rs 1,000 crore in three to five years, a top company official has said. The company expects the housing solutions segment to be a Rs 15,000 to 20,000
NEW DELHI: Assets worth over Rs 3.5 trillion are likely to get monetised through Infrastructure Investment Trust (InvIT) and Real Estate Investment Trust (REIT) as a platform in next one year, according to ICRA. In the real estate space, there are various developers and asset managers who have steadily built-up large portfolios of REIT-ready assets
ICRA Real Estate News ET RealEstate Read More »
Higher profit margins , transparency in deals and faster appreciation in capital values of homes and an end-user driven market has been luring real-estate players to step into Bangalore from Gujarat.It’s been just about a fortnight that Alchemy Real Estate — a realty arm of 107-year-old Vadodara-based Alembic Group —made its maiden foray into Bangalore
Greener pastures of Bangalore lure Gujarat realtors Read More »
Despite being battered by the second wave of the coronavirus disease, financial capital Mumbai would continue to remain the economic centre of India, according to a report published by HT’s sister website Livemint earlier on Tuesday. With the continuing decline of Covid-19 cases witnessed in the city and throughout Maharashtra, the city’s real estate sector
SHANGHAI: China’s top banking and insurance regulator said banks should guard against a rise in non-performing assets, as the country rolls back some of the relief measures implemented during the pandemic to help firms withstand the fallout. In 2020, the central bank encouraged financial institutions to lower rates for virus-stricken firms and extend payment deadlines,
नई दिल्ली: Share Market: शेयर बाजार में कई मौके ऐसे आते हैं जब किसी कंपनी के शेयरों की परफॉर्मेंस हैरान कर देती है. ऐसी ही एक कंपनी है Magma Fincorp. मुंबई बेस्ड इस non banking financial company ने अपने निवेशकों को सिर्फ एक साल में ही 919 परसेंट का रिटर्न दिया है. Magma Fincorp ने