Media
How Trump’s 3.5% remittance tax will affect US-based NRIs’ money flow to India
The US House of Representatives on May 22 passed President Donald Trump’s “One Big Beautiful Bill” with a thin margin of one vote. Once the US Senate approves this bill, it could soon affect the wallets of millions of Non-Resident Indians (NRIs) living in the US.
May 23, 2025
How much income tax you will save this year with New Tax Regime? 5 smart ways to use this tax saving
Income tax saved in new tax regime: The attractiveness of the new tax regime has increased due to a hike in tax rebate under Section 87A and new income tax slabs. Many taxpayers will opt to pay tax under the new tax regime for the financial year 2025-26. With increased tax savings, here are five smart ways to use them.
April 18, 2025
Retail investors to be hit harder by new share buy-back rule from Oct 1: Here's the maths
Tax on buy-back of shares has an oscillating history. Prior to 2013, share buybacks were taxable in the hands of the shareholders as capital gain. The old rule allowed the deduction of cost of acquisition to calculate the capital gains.
September 04, 2024
Should the lowest premium decide which life insurance cover you buy?
Financial planning is not complete without adequate life insurance, most of us would agree. And term insurance at that — particularly if you are earning and have dependents — for it is the most cost-effective option available in the market.
March 17, 2018
How adequate is your financial record keeping?
God forbid if something happens to you today, can your family take care of your finances? Do they know everything about your investments, your financial commitments and insurance policies taken?
March 18, 2018