Manking Personal Finance Easy
A Jodhpur bench of the Income Tax Appellate Tribunal (ITAT) recently ordered that profits on cryptocurrencies sold before 2022 will be treated as capital gains and not as income from other sources. This is believed to be of great importance as capital gains (both short-term and long-term) on cryptocurrencies sold after April 1, 2022 will…
Bitcoin extended its decline from this week’s record high to nearly 15 percent as aggressive signals from the US Federal Reserve prompted traders to sell assets that have more than doubled this year. The native cryptocurrency fell as much as five percent to $92,600 on Friday morning in New York, after setting an all-time high…
Borrowers who have difficulty repaying personal loans may be considering the prospect of a moratorium, a temporary period in which they are not allowed to make any payments. It is noteworthy that the moratorium affects loan repayments as interest continues to accrue, after which one has to pay the combined interest, pushing up EMIs. Let’s…
The outlook for soybeans looks bleak in 2025 given record high Brazilian production, weak Chinese demand shares, uncertainty over U.S. biofuel policy and the potential for escalation in U.S.-China trade tensions, analysts say. The development does not bode well for Indian soybean farmers, who are currently getting prices lower than the minimum support price of…
Before investing in a mutual fund, investors are encouraged to compare the returns they get with those of other schemes. While a scheme’s past returns do not guarantee future returns, they can provide an indication of the scheme’s potential to perform in the future. Other factors that mutual fund investors should consider before investing include…
Bitcoin tax case: An ex-employee of Infosys recently won a case against the Income Tax Department after the Jodhpur Income Tax Tribunal (ITAT) decided that the cryptocurrency (Bitcoin) sold by the individual was a capital asset. The ITAT also ruled that the Bitcoin investment was funded from the individual’s salary income from Infosys. The ITAT…
NRIs do not even benefit from indexation, which adjusts the purchase price according to inflation. Buyers must deduct taxes on the total sales value. However, buyers can apply for a lower TDS certificate to reduce this amount. Moreover, NRIs often face challenges in managing the real estate remotely. Tasks such as approving repairs, managing maintenance…
The rupee recovered somewhat from its all-time low and appreciated 10 paise to close at 85.03 (provisional) against the US dollar on Friday, following a weakening in the US dollar index and a possible intervention by the Reserve Bank of India ( RBI). . Forex traders said the rupee is likely to remain in a…
Disney knows how to sell stuffed animals to children and capture the hearts of adults with stories of love and loss. but this time it doesn’t matter what disasters befall these cute as button cubs trying to escape ghost lions and an eternally wrathful mother nature… What money lessons do we learn from Mufasa and…
Penny stock below ₹5: Vikas Lifecare share price rises in intraday trades on Friday after fundraising. The Vikas Lifecare penny share price opened at ₹4.44 on Friday on the BSE, slightly higher than the closing price of the previous days ₹4.43. However, the Vikas Lifecare penny share price subsequently rose 1.8% to its highest today….
