Weaker rupee may push foreign assets above FAST-DS Rs 1 crore limit: Taxpayers could lose the disclosure window which allows lower 60% tax outgo and face a steeper income tax bill

Since the tax payable through an updated return could be higher, an assessee may potentially save Rs 30-40 lakh. Income tax alert! If you have foreign assets then you need to be mindful of the negative impact on your tax outgo that the recent decline in rupee’s value versus the US dollar could have had.The…

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Gold, silver price prediction: Will gold hit Rs 1.7 lakh/10 gms soon? Check outlook on August 27, 2026

The breakout level of 156,000 level from the formation and last week’s key support, remains the crucial floor to watch. Gold and silver price prediction today: Gold prices are showing encouraging signs and the near-term trend remains bullish, while the base trend for silver also remains positive, says Abhilash Koikkara, Head – Forex & Commodities,…

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Stock Market Live Updates Today: Markets open flat as Sensex gains 104 points; Nifty opens at 24,278

Indian shares were set for a stronger session on Thursday as softer oil prices and gains in global technology stocks lifted investor sentiment. The Sensex opened 103.82 points higher at 77,576.76, while the Nifty began trading at 24,277.60, a gain of 69.85 points. Brent crude extended losses amid hopes that diplomatic efforts involving Iran could…

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Goods exports rise 15%+, top $200 billion

On the import side, there is some pressure due to higher prices of oil and fertiliser. (File photo) NEW DELHI: India’s goods exports hit the $200-billion mark during the financial year up to Aug 21 on the back of a sustained over 15% rise in shipments from the country, raising expectations within govt that this…

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