Networth

Aishwarya Rai Bachchan becomes the second richest actress in India with a soaring net worth of ₹900 crore, cementing her legacy as a global icon and Bollywood powerhouse.

Elon Musk Hits $400 Billion, Shattering Records as Wealth Soars Post-Trump Victory

Elon Musk has become the first person to reach a $400 billion net worth, driven by a surge in his wealth following Donald Trump’s election victory. A significant $50 billion boost came from a SpaceX share sale, bringing Musk's fortune to $447 billion. Tesla’s stock hit a record high, pushing Musk's wealth up by $62.8 billion in one day. The combined wealth of the world’s 500 richest people surpassed $10 trillion, the largest increase of any billionaire in 2024. Musk's AI startup, xAI, grew to $50 billion, and his influence expanded with his new role in government efficiency.

India may add 1,000 ultra-HNIs every year: Knight Frank report

India is home to the wealthy and the number of high net worth individuals is rising in the country. According to a Knight Frank Global Wealth report, India added 500 new ultra high net worth individuals (UNHWI) in the last decade.

Disclosure requirement of assets while filing your ITR

The tax payer has to provide the cost of these assets in case the same are not reflected in the balance sheet of the partnership firm in case of a partner and in the balance sheet of the proprietor business or profession.

Mukesh Ambani tops Forbes' list of richest Indians

The combined networth of the top 100 billionaires stands at USD 345 billion, just a billion short of the number last year.

KFA report opens flaps on networth erosion, tardy accounts

CNBC-TV18's Sunanda Jayaseelan reports that auditors have raised several questions regarding the Kingfisher Airlines annual report which reveals that the company's networth has been completely eroded.

Deccan Chronicle rejects reports about its debts

Deccan Chronicle Holdings today said its networth far exceeds its current outstanding and rejected reports that its debts ran to the tune of thousands of crore.