Paris: The Eiffel Tower adorned with the Olympic rings ahead of the 2024 Paris Olympics

Paris Olympics 2024: Amid controversy over Sindhu's saree, spectacular opening envelopes it

The 2024 Paris Olympics began with PV Sindhu and Sharath Kamal leading the Indian team, amid controversy over Sindhu's saree. The opening ceremony showcased French culture with performances by Lady Gaga and CĂ©line Dion. India's rower Balraj Panwar advanced to the repechages in the men's singles scull competition. Amid other sports news, NASA shared stunning images of Paris from space as the Olympics began. Jul 27, 2024
CBDT

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
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