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Financial services

That Roth IRA conversion comes with a tax bill — here's how to pay for it

Srdjanpav | E+ | Getty ImagesMore from FA Playbook:Here's a look at other stories impacting the financial advisor business.When a Roth conversion is completed, you'll owe regular income taxes on the converted balance, based on your current-year taxable income. Ideally, you're...

Market

Stock market update: Nifty Pharma index 0.56%

NEW DELHI: The Nifty Pharma index closed on a note on Monday. Shares of Natco Pharma Ltd.(up 2.48 per cent), Mankind Pharma Ltd.(up 2.05 per cent), J B Chemicals & Pharmaceuticals Ltd.(up 1.07 per cent), Granules India Ltd.(up 0.78 per...

Sports

Tigers blown away by impressive Bordeaux

Bordeaux Begles: Bielle-Biarrey; Penaud, Depoortere, Moefana, Retiere; Jalibert, Lucu (capt); Poirot, Lamothe, Tameifuna, Petti, Gray, Diaby, Vergnes-Taillefer, Samu.Replacements: Sa, Boniface, Sadie, Coleman, Swinton, Tatafu, Tapuai, Carbery.Leicester Tigers: Steward; Bassett, Perese, Kata, Hassell-Collins; Shillcock, Van Poortvliet (capt); Cronin, Clare, Heyes, Wells,...

Opinion

Warm glow effect

What would you like for your birthday? The question is almost always met with, 'You don't have to give me anything.' Sometimes, the person you wish to give something to, has everything she needs and more.... In such cases, the...

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