The FinTech Hub
Source: Live Mint Here’s how much costs of some of the popular European residency programmes have escalated in recent years. Portugal The cost of Portugal’s Golden Visa, which allows you to apply for permanent residency after five years, has risen 78% from €280,000 ( ₹2.49 crore) to €500,000 ( ₹4.45 crore). There have been changes…
Source: Live Mint I have been working in the US for the last three years. I had a regular demat account and had shares listed in India when I was in India. I do still hold an Indian passport but have become a non-resident and thus have been filing my ITR(Income Tax Return) as a…
Source: Business Standard 2 min read Last Updated : Oct 11 2024 | 7:43 PM IST The US continued to be the largest source of FDI in India, followed by Mauritius, Singapore and the UK, according to an annual census of the Reserve Bank of India. Out of the 41,653 entities, which responded…
Source: Business Standard 5 min read Last Updated : Oct 09 2024 | 10:10 AM IST As Indian students transition from F-1 student visas to H-1B work visas in the United States, many are encountering unexpected complications related to US tax residency rules. This situation arises primarily after the five-year exemption period granted to F-1…
Source: Live Mint I have been working in the US for many years. I want to remit some money to my brother in India. Are these funds taxable in my hands or his? I have already paid tax on the money here. Should I transfer the funds to my account so that my brother can…
Source: Live Mint Many countries “piggyback” onto the visa approval systems of large developed nations, allowing visa-free entry or visas on arrival for Indian travellers holding valid US, UK, Canada, or Schengen visas. If you already possess a residence or even tourist visa issued by the US, UK or Schengen-area country, many third country doors…
Source: Live Mint India stock market news: India’s NSE Nifty 50 and S&P BSE Sensex are trailing only Wall Street’s Nasdaq and S&P 500 as top-performing indexes this year, with analysts expecting the rally to extend into 2025. The Nifty and Sensex have gained 18.7% and 17% respectively in 2024, securing the third and fourth…
Source: Business Standard Harvard University (Photo: Bloomberg) 3 min read Last Updated : Sep 19 2024 | 12:12 PM IST Almost a fifth (17.1%) of the world’s individuals with liquid investable assets of $100 million or more were educated at just 10 universities across the globe, according to a report by consulting firm Henley…
Source: Business Standard 6 min read Last Updated : Sep 18 2024 | 9:00 AM IST The number of ultra-wealthy individuals, known as centi-millionaires (those with liquid investable assets of $ 100 million or more), has surged by 54% in the last decade. According to the Centi-Millionaire Report 2024 released by Henley & Partners,…
Source: Live Mint A team of technology experts issued a global call on Monday seeking the toughest questions to pose to artificial intelligence systems, which increasingly have handled popular benchmark tests like child’s play. Dubbed “Humanity’s Last Exam,” the project seeks to determine when expert-level AI has arrived. It aims to stay relevant even as…
