Stockal Specials

Understanding TCS on Foreign Remittance

TCS of 5% is deducted only on the amount above 7 lakhs. For example, if you remit Rs 15 lakh in FY 2021, 5% will be calculated on the amount exceeding the existing threshold i.e. – 8 lakhs.

The race for COVID-19 vaccine is red hot; Who’d breast the tape?

The race to the finish line to make a vaccine that works has been challenging because there are stringent rules that have to be followed.

Expected stimulus keeps Wall Street hoping to get fresh legs for rally

With polls suggesting Democratic candidate Joe Biden extending his lead over President Trump, markets are beginning to digest the possibility for the same after their first debate.

Give your portfolio an ‘ADRenaline’ rush with depositary receipts

A look at ADRs as an investment mechanism, along with the benefits and risks associated with the financial instrument.

More weakness among tech stocks leads to worries for investors

The longest losing streak in a year has pulled down S&P 500 by 5.8 percent for September. Tech stocks continued their weak performance dragging down Nasdaq Composite before Friday’s relief rally.