Search Results for: equity investors

Simplified Capital Gains Tax Regime, says CBDT

The Central Board of Direct Taxes (CBDT) has taken a significant step towards simplifying the taxation of capital gains in India. In a comprehensive set of Frequently Asked Questions (FAQs), the CBDT has explained the new capital gains tax regime effective July 23, 2024 as introduced in the Union Budget 2024-25.

Jul 25, 2024

Sensex continues to dovetail amid negative sentiments after Budget

Indian equity indices opened in the deep red on Thursday following negative cues from global markets.

Jul 25, 2024

Indexation removal on real estate won't hike tax burden, has limited impact

Indexation removal on real estate will have limited impact: FM

Amid the growing chatter over the removal of indexation benefit in the long-term capital gain (LTCG) calculation, Finance Minister Nirmala Sitharaman has stressed that the move is not a "revenue-raising measure" and will not lead to a higher tax burden on real estate transactions.

Jul 25, 2024

Mutual fund holdings beyond top 500 stocks spike to 2018 highs

'Indexation' from mutual funds ends with Budget 2024-25: Edelweiss' Radhika Gupta takes stock

Radhika Gupta, Edelweiss MD and CEO of Edelweiss Asset Management Company (AMC), said on Tuesday that the concept of indexation has gone away from mutual funds (MFs).

Jul 24, 2024

Rajasthan gets new industrial park in Union Budget 2024

Rajasthan gets mention in Budget with promise of new industrial park

Rajasthan has received a major industrial park in the first Budget of the BJP-led government at the Centre, with the state receiving Rs 7,000 crore more as a share of Central taxes this time.

Jul 24, 2024

UP women farmers integrate agriculture with fish farming

Budget gives push to fisheries sector with 54 per cent hike in outlay

The Union Budget 2024-25, presented by Finance Minister Nirmala Sitharaman in the Parliament on Tuesday, has hiked the allocation for the Department of Fisheries by 54 per cent to Rs 2,616.44 crore from Rs 1,701 crore (Revised Estimates) during 2023-24.

Jul 24, 2024

Millennials driving the real estate growth story in India.

After Indexation Removal, New Capital Gains Tax Regime Shakes Up Realty Sector

The new tax regime aims to simplify computation for taxpayers and tax administration. The changes are part of the government's broader efforts to simplify the approach to taxation and encourage investment in the market.

Jul 24, 2024

Time to invest in these stocks which can deliver superior returns: Experts on LTCG tax

Stock market experts on Wednesday said that investors should focus on buying stocks which can deliver superior returns after a marginal increase in long-term capital gains tax (LTCG) on equity becomes a reality.

Jul 24, 2024

9 priorities of Union Budget: FM unveils road map for 'Viksit Bharat'

Union Budget: Foreign investors upbeat, UKIBC calls India 'the most exciting economic story'

UK India Business Council on Wednesday congratulated Finance Minister Nirmala Sitharaman and the government for an emphasis on facilitating foreign investments

Jul 24, 2024

Experts hail Rs 1.48 lakh cr Budget allocation for education, employment & skilling

Sensex opens negative as sentiments run low after budget

At 9:52 a.m., Sensex was down 280 points or 0.35 per cent, at 80,174 and Nifty was down 72 points or 0.30 per cent.

Jul 24, 2024

Union Finance Minister promises farmers of J&K's Kandi belt to complete Shahpur Kandi Dam [details]

32,000 hectares of barren land in 76 Kandi villages of Jammu province will turn fertile after completion of this ambitious project situated on the river Ravi.

Jul 24, 2024

Jammu and Kashmir Lieutenant Governor Manoj Sinha takes part in the virtual 'Pratham Puja' of the Amarnath Yatra at Raj Bhawan

Significant Budget Boost for J&K: Rs 42,277 Crore Allocated by Centre

The Centre has allocated Rs 42,277.74 crore to Jammu and Kashmir (J&K) in the Union Budget 2024-25 with a hike of 1.2 per cent from the Rs 41,751.44 crore given in the last fiscal.

Jul 23, 2024

Angel Tax Abolished in Budget 2024: Major Boost for Indian Startups [Here's How]

The Indian government has abolished the controversial angel tax on startups, a move hailed as a major relief for the startup ecosystem.The abolition is expected to benefit over 80,000 startups registered with the Department for Promotion of Industry and Internal Trade (DPIIT).

Jul 23, 2024

Sensex, Nifty end flat as markets turn to consolidation phase

Sensex trades flat ahead of Union Budget as investors keen on positive signs

At 9:55 a.m., Sensex was up 35 points or 0.04 per cent at 80,537 and Nifty was up 2 points or 0.01 per cent at 24,511

Jul 23, 2024

Economic Survey pegs India's GDP growth rate at 6.5-7 pc for 2024-25

The Economic Survey tabled by Finance Minister Nirmala Sitharaman in Parliament on Monday projects India's GDP growth rate at 6.5 to 7 per cent for 2024-25 as it sees the economy on a strong wicket.

Jul 22, 2024

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Search Results for: equity investors

Simplified Capital Gains Tax Regime, says CBDT

Sensex continues to dovetail amid negative sentiments after Budget

Indexation removal on real estate will have limited impact: FM

'Indexation' from mutual funds ends with Budget 2024-25: Edelweiss' Radhika Gupta takes stock

Rajasthan gets mention in Budget with promise of new industrial park

Budget gives push to fisheries sector with 54 per cent hike in outlay

After Indexation Removal, New Capital Gains Tax Regime Shakes Up Realty Sector

Time to invest in these stocks which can deliver superior returns: Experts on LTCG tax

Union Budget: Foreign investors upbeat, UKIBC calls India 'the most exciting economic story'

Sensex opens negative as sentiments run low after budget

Union Finance Minister promises farmers of J&K's Kandi belt to complete Shahpur Kandi Dam [details]

Significant Budget Boost for J&K: Rs 42,277 Crore Allocated by Centre

Angel Tax Abolished in Budget 2024: Major Boost for Indian Startups [Here's How]

Sensex trades flat ahead of Union Budget as investors keen on positive signs

Economic Survey pegs India's GDP growth rate at 6.5-7 pc for 2024-25

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]