High Net-worth Individuals

Deduction can be availed of under Section 54 and Section 54F in the same assessment year, thereby enhancing total limit, say tax experts

Tech billionaire Elon Musk's net worth has dropped below $200 billion after Tesla shares recently hit 11-month lows

In its Wealth Report released on Tuesday, Knight Frank said 18 per cent global UHNWIs now own cryptocurrencies or tokens, and 11 per cent have invested in NFTs (non-fungible tokens)

The number of ultra-high-net worth-individuals, having net assets of $30 million (about Rs 226 crore) or more, in India increased 11 per cent last year

A fall below 16,320 could drag the market to 16,150-16,000 levels

The Rs 731-crore IPO generated bids worth Rs 66,744 crore

A surge of interest in Indian start-ups and the robust performance of the seed fund's early investment made AVF overshoot its target

Gold has bounced back about 8 per cent from March 2021 lows of close to Rs 44,000 per 10 gram and is trading at Rs 47,600, owing to correcting dollar and treasury yields

At a fund house level, more than 10 per cent of assets can be invested in perpetual bonds of a single issuer

UHNIs should make succession planning top priority

In the Budget, it was announced that Rs 2.5 lakh a year is the deposit limit for EPF on which interest earned won't attract any tax.

Demand has been lacklustre and prices have not moved up much in the past few years

The slew of regulatory changes has kept the mutual fund industry and officials of Association of Mutual Funds in India (Amfi) on their toes over the past few weeks

High net-worth individuals' (HNIs') wager on the Mazagon Dock Shipbuilders IPO will pay off if the shares of the state-owned company more than double during the trading debut

Choose the ones that have a low expense ratio but high trading volumes on the exchanges

Wealthy investors to make up if Happiest Minds lists at 50% premium; 30% for Route Mobile

LVMH Chief executive Bernard Arnault's wealth down by 28% to $77 billion

The bulk of the buying by value is likely to be from HNIs, a market expert said

India ranks 12th and had 5,986 such individuals in 2019, which is likely to reach 10,354 by 2024.

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