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 MoreCathie Wood Loves Bitcoin – But She's Also Loading Up on These 2 Fintech Stocks
Investing
It’s not a mystery why high-tech innovation investor Cathie Wood is such a big fan of Bitcoin. She’s all about up-and-coming disruptive technologies. And with its potential to keep making waves across the global financial scene,
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Read MoreThe Burst
How To Spot a 100% Winner
It wasn’t long ago that I highlighted Planet Labs as a stock with the potential to blast off. At the time it was sitting at $1.90 per share.
Fast forward to the present and Planet Labs has soared well above $4 per share and is now posting gains of over 100%.
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Read MoreThe Ivy
Why On Earth Is Soros Buying Radio Stations?
Earlier this year, billionaire investor and political donor George Soros drew a great deal of attention for suddenly acquiring about 200 radio stations in 40 national market from Audacy, a legacy broadcasting network.
Unsurprisingly, Soros faced both regulatory hurdles and political backlash for buying up so many broadcast stations at once.
Why is George Soros buying radio stations,
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Read MoreThe Spotlight
How High Can eBay Go?
The e-commerce sector is enjoying an unprecedented rise. Customers appreciate the convenience that online retail provides, lending popularity to the sector. This is why global e-commerce revenue is projected to show an annual growth rate of 9.5% to a projected market volume of $6.48 trillion by 2029.
While the sector expands,