 "Tax Law")
This week’s lead story by Bindisha Sarang highlights the importance of declaring foreign investments and assets. Image: Shutterstock
This week’s lead story by Bindisha Sarang highlights the importance of declaring foreign investments and assets. It discusses the consequences that can arise if there are discrepancies in the disclosure of foreign assets in Income Tax Return (ITR) filings. The article also explains the requirements of Schedule FA, who needs to report foreign assets, what assets need to be disclosed, and so on.
With temperatures hitting over 50 degrees in cities like Delhi, it’s vital to adopt strategies to keep homes cool and prevent heat-related illnesses. Some of the key methods one can employ include having light-coloured exteriors, tinted films, specific plants, and natural elements like water bodies and traditional materials. Read this article by Namrata Kohli for practical tips on creating a cooler, more sustainable living environment.
After delivering a category average return of 53.6 per cent over the past year, small-cap funds are now investors’ favourites. These funds have a strong track record over the long term, with an average return of 20.5 per cent over the past 10 years. However, new investors should be prepared for returns to mean revert and should consider these funds only if they have at…
