Latest News on Hnis
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Hnis - Total results - 27
Dec 20, 2018
Angel tax concerns: Startups required to seek tax exemption from inter-ministerial board, says govtSeveral startups have raised concerns on taxation of angel funds under Section 56 of the Income Tax Act, which provides for taxation of funds received by an entity.
Sep 09, 2018
Investment limit hike for EB-5 visa not likely till December; to cost $1 mn-3 mn: US officialThe employment-based fifth preference category (EB-5) visa is meant for high networth individuals (HNIs) to earn the Green Card which offers permanent residency in the US for themselves and their immediate family through a one-time minimum investment of $00,000 into a new business that creates 10 or more jobs for the Americans.
Dec 19, 2017
Bitcoin rally: Income tax notices slapped on 4-5 lakh wealthy investors, evaders will have to pay capital gains taxThe trigger for the action is understood to be the huge spike being registered in the value of bitcoins and other virtual currencies in the recent past.
Dec 14, 2017
Bitcoin rally: Income tax sleuths conduct surveys on 9 major exchanges, detect HNI entriesSleuths detected a number of high net worth individuals (HNIs) and customer IDs in these databases and prima facie about 20-25 lakh such entities have been traced.
Feb 27, 2017
Mumbai is India's richest city with $820 bn; Delhi distant second with $450 bnThe list also includes Hyderabad with a total wealth of $310 billion. Hyderabad is home to 9,000 millionaires and six billionaires.
Jan 16, 2017
Rs 10,000 cr Startup India fund: Who actually benefitted from this ambitious scheme?The biggest lacuna about the ambitious 10,000 crore startup fund is that it did not lay out any steps on how it was going to achieve its objective.
Sep 20, 2016
Portfolio managers' asset base rise for 8th straight month, up at Rs 11.4 lakh cr in Aug-endAsset base of portfolio managers, who mostly manage investments or provide advisory services to High Networth Individuals, stood at Rs 9.7 lakh crore in August 2015
Mar 25, 2016
Gold Monetisation Scheme: Why are religious shrines, HNIs not in a hurry to part with the yellow metal?The rich and High Net Worth Individuals are staying away fearing the taxman might come calling on the heavy deposits they have made under GMS
Feb 16, 2016
Chased by banks, indebted midcaps cut informal deals with high networth individualsWith banks stepping up the pressure on stressed borrowers ahead of the financial year ending, many debt-laden midcap firms are learnt to be striking informal deals with high networth individuals (HNIs) for funds.
Dec 25, 2015
Foreign investments via P-Notes drop to Rs 2.54 lakh crore in NovemberValue of P-Notes investment in Indian markets declined to Rs 2,54,600 crore at November-end, from Rs 2,58,287 crore in the previous month