[ad_1] With just days left before the year-end compliance window closes, the Income Tax department has begun reaching out directly to multinational companies, asking them to alert Indian employees about undisclosed foreign assets and income, according to multiple tax advisors.Several large multinationals — including a global consumer healthcare firm, a wireless technology major and a…
[ad_1] Understanding the tax treatment of financial products is critical for investors looking to optimise post-tax returns, and mutual funds are no exception. While there is no tax liability at the time of investing in or holding mutual fund units, tax comes into play when an investor sells, switches between schemes or redeems units. The…
[ad_1] Your job is not to constantly fiddle with the portfolio, but to give your chosen businesses enough time and space to prove themselves. (AI image) The biggest rewards in equities come to those who endure the dull years and survive the scary ones.One of the most common questions we get is, “How long should…
[ad_1] Top stocks to buy (AI image) Stock market recommendations: According to Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities, the top stock picks for this week are KEI Industries, and JK Tyre & Industries. Here’s his view on Nifty, Bank Nifty for the week starting December 22, 2025:Nifty ViewLast week, the benchmark…
[ad_1] TRAI has urged broadcasters to comply with the 12-minute-per-hour advertising cap, despite the rule being under judicial review. The regulator insists the regulation remains applicable, even as the Delhi High Court has restrained coercive action. Broadcasters are concerned about the enforcement due to existing financial pressures and declining revenues. The Telecom Regulatory Authority of…
[ad_1] Rupee strengthened in early trade on Monday, rising 22 paise to 89.45 against the US dollar, extending its recovery after hitting record lows in recent weeks.Earlier this month, rupee slid to a series of lifetime lows, even weakening beyond the 91-per-US-dollar mark. The currency, however, later healed in recovery attributed to likely intervention by…
[ad_1] Asian stocks began the week on a positive note, following Wall Street’s gains on Monday, as tech stocks drove investor’s sentiments and currency markets grappled with volitality, with Japan’s yen sliding to record lows.In Japan, Nikkei added 973 points or 1.97% to reach 50,480 at 8:40 AM IST. South Korea’s Kospi also inched 1.88%…
[ad_1] CII president Rajiv Memani, who is chairman and CEO EY India, describes 2025 a year of reforms and calls for the momentum to continue. In an interview with TOI he flags power, mining, ease of doing business and judicial reforms as focus areas. Excerpts:There have been a series of reforms this year, starting with…
[ad_1] MUMBAI: A new report warns that proposed changes to housing data collection risk overcorrecting an implementation problem rather than fixing a design flaw. Critiquing the govt’s plan to shift to monthly rent surveys, the authors say the move amounts to “throwing the baby out with the bathwater,” based on a flawed diagnosis and an…
[ad_1] MUMBAI: The amendment to insurance laws is expected to trigger a fresh round of consolidation and deal-making in the sector, alongside new capital inflows following govt’s decision to permit 100% foreign direct investment.Apart from opening the door to higher foreign ownership, the new bill seeks to widen consolidation options by allowing insurance companies to…