Business
LTCG, STCG Raised: Capital Gains Get Taxing in Budget 2024, Market Reacts With Losses
Retail investors could hit hard, as the LTCG on all financial assets, including equity, has been hiked to 12.5 per cent from 10 per cent with immediate effect
Union Budget 2024: Govt to Exempt Three More Cancer Drugs from Customs Duty
The reduction in customs duty on cancer drugs may help reduce the financial burden on those battling the deadly disease.
What Is Standard Deduction? Why The Limit Has Been Raised To Rs 75,000 Under New Tax Regime
A hike in standard deduction would mean more tax savings for salaried individuals and pensioners. The standard deduction has been hiked for the first time after five years
Budget 2024 Income Tax Slabs: Changes In New Tax Regime And What Happens To The Old Regime Explained
FM announced revision of new tax regime
Budget 2024: Good News for Start-Ups as Nirmala Sitharaman Scraps Angel Tax. Here's What It Means
Angel Tax is used to refer to the income tax payable on the capital raised by unlisted companies via the issue of shares through off-market transactions
FM Sitharaman Set To Present Union Budget 2024-25: From Sector Expectations To Key Numbers, All You Need To Know
Union Budget 2024-25 will be FM Nirmala Sitharaman's seventh consecutive budget, making her only the second finance minister to achieve this feat after C D Deshmukh
Budget 2024 Expectations: Investment In Oil Exploration, Tax Rebate On Solar, Energy Sector Wish-list
Union Budget 2024: Industry leaders from the energy sector are voicing their expectations and hopes for supportive policies and reforms.
Reliance Industries Q1 Earnings: Revenue Climbs 11.5%, Boosted by Telecom, Retail, and Oil & Gas Businesses
RIL Q1 Results: Profitability in RIL’s oil & gas division surged 30%, driven by a 44% rise in gas production from the KG D6 field.
IDBI Bank Privatisation Gains Momentum as RBI Gives Nod to Investors
Estimations suggest that the government stands to garner more than Rs 29,000 crore from the stake sale.
IDBI Bank Shares Rise 7% After RBI's 'Fit & Proper" Report On Bidder For Privatisation
IDBI Bank has been up for privatisation for several years, and the govt had been awaiting an RBI’s assessment on bidders meeting the “fit and proper” norms
Asian Development Bank Retains India's GDP Growth Forecast At 7% For FY'25
ADB maintained growth forecast at 7% for the current financial year, citing that rebound in agriculture is expected given above normal monsoon projections.
IMF Raises India's FY25 GDP Growth Forecast By 20 bps to 7%
The forecast for growth in India has been revised upward amid improved prospects for private consumption, particularly in rural areas, according to IMF's latest World Economic Outlook.
Instant E-PAN: How To Get a PAN Number Through Your Aadhaar?
An e-PAN is a digitally signed PAN card issued electronically, using e-KYC data from Aadhaar for verification.
Budget 2024 Likely To Reduce Holding Period for LTCG Tax on Real Estate to 12 Months: Report
Budget 2024-25: The government is likely to reduce the real estate holding period for long-term capital gains (LTCG) tax to 12 months, against 24 months currently.
Sebi Slaps Rs 25 Lakh Fine on Monetary Solutions for Violating Market Norms
Sebi levied a fine of Rs 25 lakh on Monetary Solutions for flouting regulatory rules.
Food Delivery Giant Zomato's Deepinder Goyal Enters Billionaire Club on Stock Surge
The stock has surged since the beginning of 2023, driven by expectations that its quick commerce business, Blinkit.