LGT Wealth India suggests Budget 2026 can boost overseas investing by restoring TCS on remittances to 5% and offering multi-year policy clarity. Aligning tax treatment of global equities with domestic ones and streamlining the Liberalised Remittance Scheme (LRS) are also key to encouraging systematic global diversification for Indian households.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs