The FinTech Hub
Source: Live Mint Many investors are eagerly waiting for Donald Trump to take over as the 47th President of the United States on January 20, 2025 as it is likely to cause a spike in the benchmark indices of US markets. While regulatory roadblocks make investing directly in US stocks seem cumbersome for domestic investors,…
Source: Live Mint Since April 2023, fresh investments in the growth option of debt mutual funds have been taxable at the marginal income tax rate for short-term capital gains (STCG). For most investors, this is 30% plus surcharge and cess. The dividend option, now called income distribution cum capital withdrawal (IDCW) option, was already taxable…
Source: Live Mint With Donald Trump winning the US Presidential Elections 2024, investing in the US stocks has suddenly become sought after. The S&P 500 briefly surpassed the 6,000-mark and closed with its biggest weekly percentage gain in a year, reported Reuters. This has prompted several Indian investors to start exploring options to invest in…
