Tax breaks, reforms, and returns: Why NRIs are banking big on India

Tax breaks, reforms, and returns: Why NRIs are banking big on India

Source: Live Mint The Indian market offers diverse avenues for portfolio diversification, including alternative investments such as portfolio management services (PMS) and alternate investment funds (AIFs).  Equity investments, for instance, have delivered an impressive average annual return of 15% over the past five years, outperforming most major economies. Mutual funds also remain a popular choice,…

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Legal Clarity For Bitcoin Holders: Shanghai Court Rules Crypto Ownership Is Permissible | TheSpuzz

Legal Clarity For Bitcoin Holders: Shanghai Court Rules Crypto Ownership Is Permissible | TheSpuzz

Source: Bitcoinist In a step toward regulatory clarity for Bitcoin holders in China, a Shanghai court has issued an opinion stating that personal ownership of digital assets is not illegal under Chinese law.  Personal Bitcoin Ownership Legal The opinion, articulated by Sun Jie, a judge at the Shanghai Songjiang People’s Court, was published on the…

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