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About 6 cr ITRs filed for FY24; 70% under new tax regime

Addressing the post-budget session of PHD Chamber of Commerce and Industry, Malhotra said there wer…

PTI   


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2 mins read

Anand Rathi anticipates Q1 FY25 GDP growth at 7%, a little lower than RBI's estimate of 7.1%

The services sector is expected to be the primary driver of GDP growth in Q1 FY25. Despite reduced …

ANI   


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Bajaj Auto Q1FY25 results: Net profit, EBITDA, exports see a major jump, leadership change imminent

The company's sales also saw a 7% YoY jump from 11,02,056 units in the June quarter, compared to 10…

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PhonePe Group posts Rs 197 crore profit for FY24

The group has expanded into financial services (insurance, lending, wealth) as well as new consumer…

PTI   


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5 mins read

Budget 2024: How will long-term capital tax change your real-estate investments post-budget?

There has been a marginal increase in the basic tax exemption limit for LTCG. Previously, LTCG of u…

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2 mins read

Shah Rukh Khan, Thalapathy Vijay, Salman Khan in list of highest celebrity taxpayers: Fortune India

Fortune India's 'The Star Cast' list is based on advance tax payments by celebrities and places fil…

PTI   


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Asian Paints Q1FY25 results: Net profit dips by 25%, revenue also misses market estimates

​​The company's international sales also took a hit, down to Rs 679.1 crore from Rs 695.1 crore, ma…

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2 mins read

Realty stocks in limelight; Godrej Properties surges over 4%

The indexation benefit allowed taxpayers to compute gains arising out of the sale of capital assets…

PTI   


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First week of July sees Rs 7,900cr FPI infusion in equities; investment surpasses Rs 1 lakh cr in 2024

With a fresh infusion of Rs 7,900 crore, total FPI investment in equities reached Rs 1.16 lakh cror…

PTI   


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Majority of taxpayers to have substantial tax savings due to reduction of long term capital gains on real estate: IT Dept

The Budget has reduced tax rates on capital gains earned from sale of house properties held for lon…

PTI   


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Significant decline in job growth in FY24, IT and Textile sector labelled 'job destroyers', notes recent BoB report

India Inc. saw a significant slowdown in employment growth, with an increase of just 1.5% in FY24, …

ANI   


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3 mins read

Budget 2024: Tax alterations affecting stock markets — capital gains tax, STT on F&O, and more

Finance Minister Sitharaman’s 2024 Finance Bill revises capital gains tax: 20% STCG for some assets…

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3 mins read

Economic Survey 2023-24: Where does India stand on the employment, and what's next?

While the agriculture sector has grown at about 4.18% at constant prices over the last 5 years, Ind…

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5 mins read

Lok Sabha passes Finance Bill, provision on LTCG tax on property transactions amended

The Finance Bill 2024 was passed by Lok Sabha on Wednesday evening with a few amendments moved by t…

ANI   


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3 mins read

Govt. offers relief on long-term capital gains for real estate, allows investors to choose between old and new LTCG regime

Indexation allowed investors to factor in the impact of inflation on their investment over the year…

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4 mins read

All you need to know about Ola Electric's IPO: Should you subscribe or not?

With a price band of Rs 72–76 per share, only 10% of the issue is available for retail investors. I…

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3 mins read

Interim Budget 2024: FY25 capex hiked 11%; no change in tax slab, says FM Sitharaman

Finance Minister Nirmala Sitharaman is presenting the Interim Budget 2024-25 at Parliament on Thurs…

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3 mins read

Decoding Form 16: How do you file your taxes if you don't get Form 16?

While you can still download Form-16, there's another, manual way to figure out your tax liability.…

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2 mins read

Power, energy sector in India sees 9% growth in hiring in H1FY25, notes report

TeamLease Services 'Employment Outlook Report, showcases changes in employment for the period betwe…

PTI   


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4 mins read

Decoding capital gains taxes: What FM Nirmala took from your pocket, what she gave you in Budget 2024

All listed securities will be considered long-term capital assets (and hence, LTCG will be levied) …