Indian tax law allows siblings to transfer property as gifts without immediate tax liability, but future capital gains tax remains a consideration if the asset is sold later. Proper documentation and registration are crucial for legal and tax compliance. A…
While the standard UPI transfer cap is ₹1 lakh, higher limits are available for specific transactions such as tax payments and IPOs, with additional restrictions imposed by banks and apps affecting actual transaction caps. UPI users may assume a single…
Seven of India’s most valuable listed companies saw a combined Rs 1.13 lakh crore wiped from their market capitalisation over the past week amid weakening sentiment and index declines, with Bharti Airtel and Reliance Industries leading the losses. Seven of…
Retail sugar prices across India stay elevated above Rs 64 per kg despite recent import authorisations and stockholding restrictions, signalling persistent market pressures. Sugar prices in India have stayed stubbornly high despite a series of government measures aimed at cooling…
Axis Bank appears to be preparing for support of Apple Wallet in India as reports suggest the service’s launch could be sooner than expected, ahead of the official October 2026 rollout. Axis Bank appears to be moving ahead of Apple’s…
Despite volatile PVC prices impacting volume sales, Supreme Industries expands into new segments like gas piping, windows, and composite cylinders, maintaining growth amidst market turbulence. Supreme Industries has entered the new financial year with a familiar problem: strong demand for…
Leaving a job can expose households to the risk of lapses in health coverage, with new policies often imposing waiting periods and restrictions that can lead to bills draining savings quickly. Experts warn employees to navigate policy transitions carefully to…
India’s shipping ministry has reinstated relaxed regulations allowing foreign-flagged vessels to operate in coastal trade, aiming to ensure shipping capacity during global disruptions despite domestic industry debates. India’s shipping ministry has restored a set of relaxations that allow foreign-flagged vessels…
State Bank of India and Punjab National Bank compete with largely similar tax-saving fixed deposit schemes, but differing entry points, interest rates, and payout options influence investor choices amid marginal rate variations over longer tenures. Tax-saving fixed deposits remain a…
India’s infrastructure investment trust sector is on track to transition four to five private trusts to public listings by March 2027, boosting liquidity and broadening ownership, as industry mulls further growth opportunities amidst rising investor participation. Four to five infrastructure…
