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Buying property from an NRI is easier, but don't make this 12.5% TDS mistake

New Delhi, Oct. 1 -- Buying a house from a non-resident Indian (NRI) involves more tax compliance than buying one from a resident. One part of that process gets simpler from today. A resident individ... Read More


The vacation-home dream-and the cost of keeping it alive

New Delhi, Sept. 30 -- When Gaurav Arora was leaving Goa in 2013 after working there for more than two years, his family wanted a reason to keep returning. So he bought an apartment in Porvorim for ab... Read More


Tax benefits on co-owned house hinge on actual contribution, not ownership share

New Delhi, Sept. 23 -- Buying a house jointly with your spouse does not necessarily mean both of you get an equal share of the tax benefits associated with a house property. A recent tax tribunal ruli... Read More


These three credit cards can earn upto 10% cashback on UPI spends

New Delhi, Sept. 22 -- UPI credit cards are turning everyday QR-code payments into an opportunity to earn credit card rewards. This category started with banks allowing RuPay credit cards to be linke... Read More


New UPI charges: what changes for your QR payments, SIPs and mutual fund investments

New Delhi, Sept. 16 -- From 15 October, some transactions on the unified payments interface (UPI) will attract a merchant discount rate (MDR)-a fee a merchant pays to the payments ecosystem for proces... Read More


At just 15%, low taxes offset Hong Kong's high cost of living for this NRI couple

New Delhi, Sept. 14 -- In Hong Kong, one of the first things Aarushi Sharma, 26, had to recalibrate was her idea of what money should buy. A monthly HK$15,000-25,000 (about Rs.1.8-3 lakh) gets an apa... Read More


Japanese money moving home could impact global risk assets: ICICI Pru AMC's Manish Banthia

New Delhi, Sept. 11 -- US bond yields are near multi-year highs, with the 10-year paper at around 4.8% and the 30-year at 5.3%, while Japanese yields have also risen sharply. What does this mean for g... Read More


Do you really need a credit card advisor? Here's when the fee may be worth it

New Delhi, Sept. 7 -- Getting the right credit card used to mean comparing annual fees, reward rates and perhaps lounge access. For a growing number of cardholders, it now involves something closer to... Read More


Buying a house to save capital gains tax on shares, MFs? Renovation costs may qualify too

New Delhi, Sept. 4 -- When you sell shares, mutual funds or other capital assets, you can claim exemption from capital gains tax by reinvesting the sale amount in a residential property. This is allow... Read More


Why these retirees sold their family homes and property investments for a better retirement

New Delhi, Sept. 1 -- At 83, S. Jagannatha Rao no longer owns a house. After his wife died, Rao found himself living alone in a three-bedroom house while his two sons were in Bengaluru. The property n... Read More