While most investors are aware of the capital gains tax rates, few know about First-In, First Out (FIFO), which is a key method used for calculating tax liability on capital gains. This article explains how FIFO works.

The survey, which included perspectives from Gen Z, Millennials, and Gen X travellers, indicates a strong overall preference for Asian destinations, supported by convenient visa processes and improved connectivity.

As per Section 124(6) of the Companies Act 2013, shares that are not claimed for seven consecutive years, or shares on which a dividend isn’t paid for seven consecutive years, are unclaimed shares. These shares shall be transferred by the company to the IEPF. 

If a mutual fund investor doesn’t receive their unclaimed money or a rejection communication within 7 working days of filling in and submitting the form, he/she can contact the AMC or the RTA’s office or the AMC’s contact centre and submit a complaint.

Addressing the participants, the IRDAI Chairman emphasised the centrality of trust in insurance and the critical role played by compliance and grievance redressal functions in upholding that trust.

The master direction applies to rupee interest rate derivatives (IRD) transactions undertaken in the over-the-counter (OTC) market and on recognised stock exchanges in India.

Gold is a valuable safe-haven asset, with unique traditional and religious significance in South Asian countries. 1 tola is a measurement unit used in India and South Asia, and the price of 1 tola of gold is determined by the current market rate.

RBI Alert List contains names of entities which are neither authorised to deal in forex under the Foreign Exchange Management Act, 1999 (FEMA) nor authorised to operate electronic trading platform (ETP) for forex transactions in India.