Market News

Holders of annuities totaling $2.2 billion can't touch their money as the legal battle over Greg Lindberg's empire rages on.

The crypto industry is hoping that a former manager at Coinbase who has pleaded guilty in a criminal case can beat the SEC by challenging the regulator's view that the tokens he traded were securities.

Capital gains on investments made after 31 March in debt MFs, to be taxed at investors' income tax slab rate

SIP refers to Systematic Investment Plan, which is a form of investment strategy that enables investors to invest a specified amount of money in a mutual fund scheme at regular intervals, typically on a monthly basis.

Pension income is considered Salary Income and is taxed at the taxpayer's appropriate slab rates.

By 31 March, MF investors either need to declare a nominee or opt out if they do not wish to declare a nominee. Investors who don't do either will see a freeze on their investments and will not be allowed to opt for any ...

A deduction can be claimed against the LTCG arising from sale of residential land in case the net sales consideration is re-invested by the assessee for purchase of residential house property in India within the prescrib...

The Finance Bill initially introduced on 1 February, proposed to insert a new section 50AA providing for the taxability of any gain on transfer, redemption or maturity of market linked debenture (MLD) on or after 1 April...

HDFC Life Smart Pension Plus is made available in multiple variants - the unique ones being annuity with a liquidity option, simple and compound increasing annuity to offset inflation, and early return of premium (i.e. s...

A type of trading amplified a price drop to 15-month lows and now could help fuel a rebound.

Fixed deposits are a low-risk investment choice since the interest rate remains constant during the duration of the account.

Abhishek Soni, Co-founder & CEO of Tax2win said, taxpayers must also be aware of the various tax rules with a deadline of March 31, 2023, and take necessary action before it is too late.

As the financial year is near to its end, it is high-time for tax payers to recheck their investments and opt for the unutilised ones to ensure optimum tax savings. Here are the top tax-saving investment options people c...

Under the new framework, asset management companies (AMCs) will have to provide an option to the unit holders to submit either the nomination form or the declaration form for opting out of the nomination in physical or o...