Tax time tactics: Reporting Reits, Invits, and RSUs

Tax time tactics: Reporting Reits, Invits, and RSUs

How can we report income from real estate investment trusts (Reits) and infrastructure investment trusts (Invits) in the income tax return (ITR)? Also, how do we fill up Schedule FA (foreign assets) for Restricted Stock Units (RSUs) of the same company (as in the case of Amazon) awarded over multiple years? Should they be aggregated … Read more

Video of AI surveilling workers for productivity goes viral; netizens say, ‘start practicing art of acting’

Video of AI surveilling workers for productivity goes viral; netizens say, 'start practicing art of acting'

As the world is beginning to depend a little more on Artificial Intelligence (AI) each day, a viral video on Reddit has shown a new and unique way the technology is being applied. In the viral video, AI is seen surveilling the workers to check their productivity during work hours. The countdown for the employee … Read more

Stocks to buy: Indus Tower, Bata India among top bets, here’s why

Stocks to buy: Indus Tower, Bata India among top bets, here's why

Indian stock market: On the daily chart, the index has broken down from the rising channel, indicating a rise in bearish sentiment. The trend is likely to remain weak in the near term, with resistance noted at 22,200. As long as the Nifty remains below this level, a strategy of selling on rallies may be … Read more

The curious case of India’s first crypto mutual fund

The curious case of India’s first crypto mutual fund

Unlike mutual funds, this particular fund is neither regulated by the Securities and Exchange Board of India, nor governed by the many rules that safeguard ordinary investors in mutual funds. The BGCI Index, which is designed to measure the performance of some of the largest cryptocurrencies including Bitcoin, Ethereum, Solana, and Polygon, has delivered 500% … Read more

Gold and silver prices today on 12-05-2024: Check latest rates in your city

Gold and silver prices Today on 23-03-2024: Check latest rates in your city

Gold And Silver Prices Today: Gold prices saw a slight decrease on Sunday.The cost of 24 carat gold is Rs.7410.3 per gm down by Rs.219.0.The cost of 22 carat gold is Rs.6787.8 per gm down by Rs.201.0. The price change in 24 carat gold in the last one week has been -0.92% .whereas in the … Read more

Mother’s Day 2024: From gold to Mutual Funds —6 financial gifts for mom

Mother's Day 2024: From gold to Mutual Funds —6 financial gifts for mom

Mother’s Day presents a unique opportunity to think beyond traditional gifts and consider options that provide lasting value and financial stability. This Mother’s Day, consider giving your mother a gift beyond mere material pleasure: a monetary investment. Whether fixed deposits, mutual funds, or stocks, these financial instruments provide immediate joy and long-term benefits. Fixed deposits, … Read more

Mother’s Day 2024: Top 5 money lessons you can learn from your mother

Mother’s Day 2024: Top 5 money lessons you can learn from your mother

Have you ever stopped to think about where your earliest lessons in money management came from? While we often seek financial education from external sources, the most impactful teachings often originate right at home, courtesy: our mothers.  Our growing up years are filled with images of a small piggy bank, mom’s old purse with a … Read more

Oil suffers weekly loss on stronger US dollar, record-high Fed rates; Brent sticks to $82/bbl

Oil suffers weekly loss on stronger US dollar, record-high Fed rates; Brent sticks to $82/bbl

Oil prices fell by nearly $1 a barrel on Friday as comments from U.S. central bank officials indicated higher-for-longer interest rates, which could hinder demand from the world’s largest crude consumers. Brent crude futures settled at $82.79 a barrel, down $1.09, or 1.3%. U.S. West Texas Intermediate crude settled at $78.26 a barrel, down $1.00, … Read more

Mother’s Day 2024: Ten financial tips for empowering mothers on this day, May 12

Mother's Day 2024: Ten financial tips for empowering mothers on this day, May 12

Amidst family responsibilities, mothers often overlook their financial well-being. This Mother’s Day, let’s salute the tireless dedication of mothers everywhere, celebrating their unwavering commitment to nurturing both hearts and wallets. Happy Mother’s Day! Livemint spoke to some industry experts regarding prioritising financial freedom for mothers. The combined advice emphasises the importance of mindful self-investment, budget … Read more