Reits deliver 2.58-8.11% annualised returns since listing, says report

NEW DELHI: Of the three Reits (Real Estate Investment Trust) registered with the Securities Exchange Board of India (Sebi), Mindspace Business Parks has delivered the highest absolute returns of 8.11% year-to-date till 31 October, according to a report by India Windmill Capital, a wholly-owned subsidiary of smallcase. The other two, Brookfield India Real Estate Trust … Read more

What to know about RMDs and retirement planning

BY Glenn Ruffenach | UPDATED NOV 27, 2022 10:00 AM EST People planning for retirement need a game plan for required minimum distributions. Do it right, and they’ll keep more savings in their pockets—and less in the government’s. They are, as a rule, among the more unexciting words in the English language: required minimum distributions. … Read more

Do NRIs have to pay tax on PF withdrawal?

I am an NRI and want to withdraw my Employees’ Provident Fund (EPF) balance from India. I had completed five years of service with my previous employer. Would there be any additional tax deduction at source (TDS) as funds would be transferred to an NRO account? —Name withheld on request An employee (Indian national) is … Read more