Income Tax on Redemption of Debt Mutual Funds
The taxation of debt mutual funds has undergone multiple changes, with amendments effective from April 1, 2023. Debt mutual funds purchased on or after this date are taxed at the applicable income slab rate, regardless of the holding period, and may qualify for a rebate under Section 87A. Investments made before April 1, 2023, and redeemed before July 23,
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Read MoreWall Street Is Getting Antsy With Trump
President Trump’s keynote this week at a Saudi sovereign wealth fund’s conference in Miami Beach might have seemed like another jubilant pep rally attended by adoring fans and key lieutenants.
Elon Musk sat in the front under a vast rotunda, not far from the real estate billionaire Steve Witkoff,
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Read MoreCathie Wood Goes Bargain Hunting. Here's 1 “Magnificent Seven” Stock She Just Bought on the DeepSeek Dip.
For the last couple of years, the stock market has rallied on an unwaveringly positive narrative surrounding the prospects of artificial intelligence (AI). The momentum that’s fueled technology stocks in particular carried into 2025 — until about two weeks ago, when the party music suddenly stopped out of nowhere.
An AI start-up out of China called DeepSeek released a model that is similar to those built by ChatGPT or Perplexity.
Read MoreDow falls nearly 750 points and US stocks tumble as businesses and consumers worry about tariffs
NEW YORK (AP) — U.S. stocks fell sharply Friday after reports showed that worries among consumers and businesses about President Donald Trump’s policies may be hitting the U.S. economy.
The S&P 500 sank 1.7% for its worst day in two months. The Dow Jones Industrial Average dropped 748 points,
Read MoreTop Wall Street analysts are bullish on these dividend stocks
Dividend stocks provide stable income for investors and enhance the overall returns of a portfolio.
However, picking the right dividend stocks from a vast universe of publicly traded companies could be difficult. To this end, the recommendations of top Wall Street analysts can help investors make the right decision, as these experts select stocks of companies that could deliver strong financials to support consistent dividend payments.
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Read MoreThe Burst
Is Michael Saylor’s Bet Crazy: Bull vs Bear
Microstrategy (NASDAQ:MSTR) and its CEO Michael Saylor are in large part confounding valuation experts worldwide.
The traditional method of valuing a company goes something like this. Analyze the cash flows a company will produce over its lifetime, discount them back to present day, sum them up and arrive at a fair market valuation for the company.
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Read MoreThe Ivy
Has Latin Billionaire Spotted Screaming Buy
Carlos Slim made a splash in a surprising sector last year, choosing to bet big on oil production and refining businesses.
Throughout 2024, the (in)famous investor deployed about $1 billion into the oil market, including a little over $600 million in US refining company PBF Energy (NYSE:PBF).
Why is it about this relatively obscure energy name that has attracted Carlos Slim,
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Read MoreThe Spotlight
3 Smart Dividend Stocks to Buy
Although the market has been driven higher by growth stocks in recent years, history suggests that dividends are a key driver of long-term stock returns.
In addition to providing a steady flow of income, dividends can bolster total returns and even provide investors with some protection against market downturns.
Smart dividend stocks to buy that have the potential to generate decades of reliable income include Johnson &