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What it can teach the wealthy about trusts

Jeanie Buss during the unveiling of a statue of former Lakers coach Pat Riley in Star Plaza in front of Crypto.com Arena in Los Angeles, Feb. 22, 2026. Keith Birmingham | MediaNews Group | Pasadena Star-News | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a...
mba vs engineering salaries

MBA degree is paying more than engineering: Top 10 B-schools offer Rs 27.4 lakh average, while the salary premium of MBAs over engineering is set to rise from 52% to 59%

The average annual pay at the top 10 B-schools stood at 27.4 lakh. If you thought that your good old MBA (Master of Business Administration) degree was losing relevance, think again! According to Deloitte India’s Campus Workforce Trends 2026 report, MBA degrees continue to command a premium over engineering positions.In fact, an MBA is emerging...
foreign assets disclosure

Weaker rupee may push foreign assets above FAST-DS Rs 1 crore limit: Taxpayers could lose the disclosure window which allows lower 60% tax outgo and face a steeper income tax bill

Since the tax payable through an updated return could be higher, an assessee may potentially save Rs 30-40 lakh. Income tax alert! If you have foreign assets then you need to be mindful of the negative impact on your tax outgo that the recent decline in rupee’s value versus the US dollar could have had.The...
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