Got your annual bonus? Here are smart ways to utilize it

Got your annual bonus? Here are smart ways to utilize it

As the season of bonuses arrives for many working professionals, deciding the most effective way to utilize this annual financial boost can significantly influence one’s fiscal health. From eliminating high-cost debts to investing in personal growth, experts provide a roadmap for converting these lump sum windfalls into lasting financial benefits. View Full Image (Graphics: Mint) … Read more

Gold and silver prices today on 04-06-2024: 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 Tuesday.The cost of 24 carat gold is Rs.7349.9 per gm down by Rs.449.0.The cost of 22 carat gold is Rs.6732.5 per gm down by Rs.411.0.The price change in 24 carat gold in the last one week has been -0.57% .whereas in the last … Read more

Furniture and fixtures can save you capital-gains tax and stamp duty. But only if you do it right.

Furniture and fixtures can save you capital-gains tax and stamp duty. But only if you do it right.

For the buyer, this meant stamp duty savings on the ₹16 lakh portion. It seemed like a win-win until the NRI tried transferring the sale amount to his US bank account. When an NRI wants to remit money abroad, they must obtain certificate 15CB from a chartered accountant (CA) to prove the source of funds; … Read more

Carvana Father-Son Duo Cashed Out $147 Million on Stock Rebound

The father-son duo behind Carvana Co. has been reaping profits from the online used-car dealer’s share rebound. The elder Ernie Garcia II, a major shareholder and the wealthier of the two, sold nearly 1.3 million shares worth $145 million in May. That’s the biggest monthly dollar amount since August 2021, when he sold over $329 … Read more

Microsoft President Brad Smith warns of ‘Deepfake’ threat in European elections, urges caution

Microsoft President Brad Smith warns of ‘Deepfake’ threat in European elections, urges caution

In a recent interview with Reuters, Brad Smith, the president of Microsoft, addressed the topic of artificial intelligence (AI) and its potential use in disinformation campaigns during the European Parliamentary elections. Speaking from Stockholm, Smith revealed Microsoft’s ambitious plan to invest 33.7 billion Swedish crowns ($3.21 billion) into expanding cloud and AI infrastructure in Sweden … Read more

Kronox Lab Sciences IPO: 10 key risks investors should know before subscribing to the issue

Kronox Lab Sciences IPO: 10 key risks investors should know before subscribing to the issue

Kronox Lab Sciences IPO: Speciality chemical company Kronox Lab Sciences got subscribed 11.10 times on the first day of bidding on Monday, June 3, amid heavy participation from retail and institutional investors. The promoters Jogindersingh Jaswal, Ketan Ramani, and Pritesh Ramani are offering 95.7 lakh equity shares for sale (OFS) in whole. The anticipated value … Read more

How small businesses can benefit from Udyam registration

How small businesses can benefit from Udyam registration

Micro and small businesses and professional organisations play an important role in India, accounting for an estimated 45% to 50% of the country’s business turnover. Many multinational companies (MNCs) and large Indian business houses are increasingly snapping up such businesses and bringing them into their fold. Here are the various schemes and benefits available to … Read more

Exit poll 2024 frenzy could be followed by profit booking after results, focus to shift on Budget, say experts

Exit poll 2024 frenzy could be followed by profit booking after results, focus to shift on Budget, say experts

Most exit polls on Saturday, June 1, said the NDA alliance could win 350-370 seats this time. While the actual results could differ from the exit poll predictions, experts say it is highly unlikely that a non-NDA government will be formed at the Centre. Also Read: Poll of Polls: 10 exit polls predict 350+ seats … Read more

Term Life Insurance: Why should you not buy a return-of-premium option?

Term Life Insurance: Why should you not buy a return-of-premium option?

But there are some cost-conscious Indians who still can’t digest the fact that on maturity (and survival), the term plans don’t pay back anything! To cater to such people, life insurers smartly launched the ‘Return-Of-Premium’ option for term plans. That is, this term plan has some survival benefits. How is this different from the plain … Read more