Search Results for: SBI Capital Markets

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

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

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

Very little to cheer about in Budget; only Bihar, Andhra gained: Shashi Tharoor

Congress MP Shashi Tharoor on Tuesday criticised the Central government over the Union Budget, saying that there was very "little to cheer about" in the Budget as it has failed to address the issues of common people and only the two states of Bihar and Andhra Pradesh gained and other states did not.

Jul 23, 2024

Budget hikes defence allocation by 4.79 pc to Rs 6.22 lakh crore

The Union Budget 2024-25 has allocated Rs 6.22 lakh crore for the Ministry of Defence (MoD), the highest among all the ministries.

Jul 23, 2024

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

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

Finance Minister Nirmala Sitharaman, presenting her seventh consecutive Budget and her first in Modi 3.0, spotlighted nine priority areas for generating ample opportunities for all.

Jul 23, 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

Comprehensive review of Income Tax Act announced in Union Budget

Finance Minister Nirmala Sitharaman announced a comprehensive review of the Income Tax Act, 1961 to simplify the tax regime. The tax regime for charities, TDS rate structure, and capital gains taxation are also being simplified. The government's efforts to simplify taxes are part of a broader effort to improve taxpayer services and reduce litigation. The government also announced measures to make life and health insurance plans more affordable.

Jul 23, 2024

Union Finance Minister Nirmala Sitharaman

Union Budget gives major push to Bihar but ends with promise to facilitate 'loans' for AP capital

Finance Minister Nirmala Sitharaman on Tuesday presented the Union Budget 2024 in Parliament aimed at giving a major push to Bihar than Andhra Pradesh in view of the upcoming elections in the state.

Jul 23, 2024

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Search Results for: SBI Capital Markets

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

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

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]

Very little to cheer about in Budget; only Bihar, Andhra gained: Shashi Tharoor

Budget hikes defence allocation by 4.79 pc to Rs 6.22 lakh crore

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

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]

Comprehensive review of Income Tax Act announced in Union Budget

Union Budget gives major push to Bihar but ends with promise to facilitate 'loans' for AP capital

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]