• ALL DEALS
    India source income may be seen as accrued in India

    iStockPhoto I’m living in London for the last 5 years. I have few Indian stocks and want to book a profit. How will I be taxed? —Sayantan Chandra Capital gain from sale of shares of an Indian company is taxable in India. The taxability will depend on the nature of the asset, holding period and […]

  • ALL DEALS
    A benami property can be solely bought for personal benefit

    iStockPhoto I had bought a flat and added my wife as a joint holder, but she did not make any payment towards it. In my Will, can I bequeath 100% of the property, or since my wife is the joint holder, only 50%? —Ravindra Gupta As per the provisions of the Benami Transactions (Prohibition) Act, […]

  • ALL DEALS
    Sale proceeds of non-farm land can be remitted by NRIs

    iStockPhoto I’m a non-resident Indian (NRI) living in Germany and have inherited a piece of non-agricultural land in India. I am going to sell it soon. Can I repatriate the sale proceeds? —Ashish Sinha An NRI may remit an amount up to $1 million per financial year (i.e., 1 April to 31 March), out of […]

  • NEWS
    Policy terms can’t be changed during free look period

    iStockPhoto What are the important riders that can be bought with a basic term life plan? —Kunal Gupta Common riders available with a term life plan include: accidental death, permanent disability, and critical illness. Critical illness rider with a term plan is recommended. This helps avoid a separate pre-issuance medical check-up for a critical illness […]

  • ELECTRONICS
    Samsung Says It Wants to Be More Like a Startup

    Samsung Electronics, the world’s largest maker of phones, memory chips and television sets, plans to revamp its authoritarian, top-down corporate culture to become more like a lean startup as it copes with sluggish demand and growing competition. The company said Thursday its staff pledged to reduce hierarchical practices, unnecessary meetings and excessive working hours in […]

  • HOME & GARDEN
    Nest appears to be operating on a ‘smart crib’ loaded with sensors

    The hyper-linked home of the future will come with an similarly linked nursery. Nest, the business enterprise widely recognized for its WiFi enabled electricity-saving thermostat and clever smoke alarmdevice, has filed a patent for a child crib that could be “embedded with smart sensors”. In line with the patent software, Nest’s capability crib would dispose […]

  • ELECTRONICS
    Early Earthquake warning gadget To Be released In India

    The technologies, currently available, are based totally on detecting P waves or number one waves of an earthquake and they are able to offer caution some seconds before the earthquake. (Representationalpicture) NEW DELHI: India is set to get its first early earthquake warning and security gadget with the release of a sophisticated technology by means […]

  • COMPUTERS
    Apple may additionally finally Be Discontinuing the Legacy MacBook pro

    HIGHLIGHTS US retail stores are getting rid of the legacy Macbook pro from show. Apple might also appearance to discontinue it altogether. New Macbook execs predicted this yr. In a new improvement, Apple is pulling out its legacy MacBook pro from stores, and may be discontinuing it altogether. The organisation has been pulling the non-Retina […]