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Market News

Location American Market News for 1 December 2025

Are gifts from NRIs to resident Indians taxable?

livemint.com - 1 Dec 2025 17:23
Are gifts from NRIs to resident Indians taxable? Under Indian income tax law, a transfer of property between specified relatives qualifies as an exempt transfer and therefore does not trigger capital gains tax for the sender.
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Business credit cards: 5 smart steps to find the perfect one for your company A strategic guide to choosing the best business credit card, covering spending analysis, rewards comparison, credit limits, expense tools and protection features to help companies manage finances efficiently.
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AI and the bubble risk: How to win without the burn

livemint.com - 1 Dec 2025 15:28
AI and the bubble risk: How to win without the burn Retail investors can benefit from the AI revolution without falling into a valuation trap; by focusing on the infrastructure powering the technology, diversifying smartly, and staying anchored to fundamentals.
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Personal loan interest rates: Top 7 banks charge these rates in December 2025 Being unsecured loan, personal loan carries a higher rate of interest than most other borrowings  
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Income Tax: What is condonation of delay for filing of ITR? In case of a genuine hardship, the taxpayer can file a condonation request under section 119(2)(b). If condonation request is accepted, there is no need to pay any interest or penalty for delayed filing of ITR
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A small fee cut, big returns: The cost reform that could boost your MF portfolio Sebi's move to lower mutual fund costs could help investors grow long-term wealth with smaller fees.
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Credit score vs credit card interest rates: What lenders dont tell you A strong credit score reduces credit card costs by securing lower interest rates, higher limits and better offers while poor scores increase borrowing risks, making responsible credit behaviour essential.
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A godsend for many, digital KYC remains a nightmare for people with disabilities Many people with disabilities are unable to access financial services because their conditions prevent them from completing electronic know-your-customer procedures. There's plenty that needs to be done to resolve th...
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