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BusinessPhoto: News18Hi Business

Tax Rules on Selling Gold Gifts Received During Diwali

Gold jewelry or coins received as gifts from relatives during Diwali may require proof of ownership when sold years later. Documents like gift deeds, gift letters, old purchase receipts, photos, and bank transactions can help. Income tax rules exempt gifts of gold from specified relatives from tax at the time of gifting, but gifts over ₹50,000 from friends or non-relatives may be taxable. Capital gains tax applies when selling gifted gold.

News18Hi Business·

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WorldPhoto: HT World

4-Year-Old Ezekiel Siutza Found Safe in Mesa; Turquoise Alert Canceled

A Turquoise Alert was issued on November 8 for 4-year-old Ezekiel Siutza, who went missing near Extension Road and 8th Avenue in Mesa. He was last seen at 3 pm with an unknown white female with red hair. About an hour later, authorities confirmed Ezekiel was found safe with family. The alert covered a five-mile radius around his last known location.

HT World··Mesa

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PoliticsPhoto: Aaj Tak

Rocket Passes Close to Minister Arjun Ram Meghwal During Diwali

In Bikaner, a rocket narrowly missed Union Law Minister Arjun Ram Meghwal while he was celebrating Diwali with BSF personnel. Meghwal was about to light a sky shot when another person ignited a rocket nearby, causing sparks to fall on the minister's clothes. Fortunately, he escaped without serious injury.

Aaj Tak··Bikaner

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PoliticsPhoto: TOI World

Ohio Court Rules Husband Keeps Premarital Home, Wife Pays $20,000

An Ohio court ruled that a husband retains ownership of his premarital home after divorce, dismissing the wife's claims of marital contributions from their joint bank account. The court ordered the wife to pay $20,000 in the husband's legal fees. The husband's rental income was considered sufficient to cover mortgage payments, emphasizing the importance of asset tracking in divorce cases.

TOI World··Ohio

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WorldPhoto: The Hindu

Fire in Katni building on Deepavali night kills six family members

A fire broke out around midnight on November 9 in a building in Barhi town, Katni, Madhya Pradesh. The fire spread rapidly due to highly flammable crockery materials stored on the lower floor. Despite efforts, the fire could not be controlled, resulting in the deaths of six family members, according to Katni Collector Ashish Tiwari.

The Hindu··Barhi

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SportsPhoto: NDTV Cricket

Gautam Gambhir and Coaching Staff to Split After 3rd ODI

Gautam Gambhir, head coach of Team India, and spin-bowling coach Sairaj Bahutule are expected to travel with the ODI squad to Mount Maunganui for the last two matches. However, reports indicate that the coaching staff will split after the third ODI, though exact arrangements are still being finalized.

NDTV Cricket··Mount Maunganui

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