Personal Wealth
Companies with declining ROCE: Hidden danger to shareholder wealth
Capitalmind has conducted a ten-year longitudinal analysis nearly 800 companies that were operational 10 years ago
 "Companies with declining ROCE: Hidden danger to shareholder wealth")
Top 10 countries with highest rates of personal income tax, details here
Globally, personal income tax rates differ significantly. High earners typically contribute a bigger percentage of their incomes to these nations' generally progressive tax systems
 "Top 10 countries with highest rates of personal income tax, details here")
Exploring real estate investment opportunities abroad? Know key risks here
From a financial standpoint, the allure of diversifying, tax benefits, capital appreciation, and enjoying favourable rental yields serves as compelling incentive for investment in real estate
 "Exploring real estate investment opportunities abroad? Know key risks here")
Mumbai 4th wealthiest BRICS city, Bengaluru tops list of emerging millionaire hotspots
Bengaluru, nicknamed the "Silicon Valley of India" due to its booming tech sector, is currently home to approximately 13,200 millionaires and this number is projected to reach over 30,000 by 2033
 "Mumbai 4th wealthiest BRICS city, Bengaluru tops list of emerging millionaire hotspots")
Bank held liable for delay in insurance purchase
The National Commission observed that procrastination by the bank in deducting the premium, despite having obtained authorisation, had led to a delay in policy issuance
 "Bank held liable for delay in insurance purchase")
Update your nominations, review credit report before the year ends
Ensure that loans are properly closed and documents submitted to the lender returned
 "Update your nominations, review credit report before the year ends")
How to generate wealth? 50% equity and 50% debt, says Motilal Oswal
The underlying asset classes for the analysis include Indian Equity, US Equity, Long Maturity Debt, Short Maturity Debt and Gold, all in rupee terms.
 "How to generate wealth? 50% equity and 50% debt, says Motilal Oswal")
Rising redemptions keep net systematic investment plan inflows under check
As of August-end, the benchmark Nifty50 had logged gains in each of the past five months starting March and has risen almost 14 per cent during the period
 "Rising redemptions keep net systematic investment plan inflows under check")
Decoded: Why India's millionaires are flocking to Dubai and Singapore
Prohibitive tax laws coupled with convoluted and complex rules on outbound remittances that are open to misinterpretation and abuse are among the problems that have triggered the migration
 "Decoded: Why India's millionaires are flocking to Dubai and Singapore")
Have realistic expectations from your investments
An investment's six-month performance is akin to data shown on TV during a match - useful to know which way the match is going, not select a batsman
 "Have realistic expectations from your investments")
Beware! Cheque bounce can lead to hefty penalty and imprisonment
Keep sufficient funds in account, fill cheque details accurately and legibly, and ensure your signature hasn't changed
 "Beware! Cheque bounce can lead to hefty penalty and imprisonment")
PAN-Aadhar link to ITR filing: Complete these 5 financial tasks by March 31
From linking PAN card and Aadhaar Card to submission of updated income tax return (ITR), failure to meet these deadlines may lead to financial losses
 "PAN-Aadhar link to ITR filing: Complete these 5 financial tasks by March 31")
Budget 2023: Income tax slabs changed under new tax regime. Details here
Income Tax Rates and Slabs: Under the new tax regime, the highest tax rate of 30% will be levied on income above Rs 15 lakh
 "Budget 2023: Income tax slabs changed under new tax regime. Details here")
Contact the bank if you have not signed the new locker agreement
While new rules enhance banks' accountability, buying locker insurance is added protection
 "Contact the bank if you have not signed the new locker agreement")
Dollar millionaires in India rise 11% in pandemic-hit 2021: Survey
Dollar millionaires or those possessing a personal wealth of over Rs 7 crore rose by 11% to 4.58 lakh households in India at the end of the pandemic-hit 2021, says a survey.
 "Dollar millionaires in India rise 11% in pandemic-hit 2021: Survey")
Indian cricket hero named in data leak on offshore dealings of superrich
A worldwide journalistic partnership quoting leaked documents called the Pandora Papers claims to have uncovered financial secrets of powerful figures in 91 countries, including India.
 "Indian cricket hero named in data leak on offshore dealings of superrich")
Covid leaves Indian adults poorer by 6.1% in 2020: Credit Suisse
The drop in the wealth of Indian adults in 2020, according to Credit Suisse, was amplified by exchange rate depreciation
 "Covid leaves Indian adults poorer by 6.1% in 2020: Credit Suisse")
China, India rise in wealth index, US remains world's ultra-rich hot spot
There are 60,000 ultra-high-net-worth individuals worldwide with a combined $22 trillion.
 "China, India rise in wealth index, US remains world's ultra-rich hot spot")
Despite Covid, Indian adults see wealth rise 0.7% in H1-20: Credit Suisse
The total household wealth in India during this period, according to their estimates, rose 1.7 per cent to $246 billion
 "Despite Covid, Indian adults see wealth rise 0.7% in H1-20: Credit Suisse")
The rise (and rise) of the family office
Unicorns are toppling older industrialists who have got quashed under debt and distracted diversifications
 "The rise (and rise) of the family office")
