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The uber-confident 81-year-old billionaire is in the hot seat after an investor exodus and employee tensions rattled his hedge fund, Trian Partners.

In accordance with section 47 of the Income Tax Act , the transfer of capital assets through inheritance is not deemed as a taxable transfer.

Only 3.5% of offices sold last year came from a distressed seller, thanks to optimism and forgiving lenders.

You require a holding period of three years to be eligible for indexation.

Gupta says she cut exposure to balanced advantage funds, added to mid- and small-cap funds.

Choosing between NSC and tax-saving FDs can be tricky as both have advantages and limitations. NSC interest is reinvested and qualifies for tax deduction under Section 80C, while FD interest is taxed as per income slab.

It is vital to emphasise your good credit history and score during negotiations. Banks are more likely to offer favourable terms to borrowers with low credit risk.

Making payments on time is one of the key factors which influence your credit score. If you can manage a number of credit card payments in a responsible way, it shows positively on your credit history.

One should stay away from the agencies that promise to improve your credit score immediately or guaranteeing specific results. Genuine credit repair services may offer assistance in improving your credit, but they cannot...

Filing for bankruptcy typically leads to a sudden drop in credit score. The severity of drop hinges on a number of factors such as your credit history before filing.

When a borrower has a poor credit score, lenders tend to approve loan at a higher rate of interest in comparison to the borrowers who have impressive credit reports. Banks may also tell these borrowers to give a higher d...