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2 mins read
Decline in bank deposits because of non-uniform tax treatment on various investment options: SBI report
On the concern over the recent decline in bank deposits, the State Bank of India (SBI) in its lates…
ANI
1 min read
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
7 mins read
SEBI is on a mission to take on the wild, wild west of futures and options in India. Here’s why, what, and how of it
Indian equity futures and options trading has become exceedingly risky, with 91% of individual trad…
7 mins read
SIMPLY PUT: SEBI is on a mission to take on the wild, wild west of futures and options in India. Here’s why, what, and how
It's no secret that futures and options see extreme risks, with most traders losing money regularly…
2 mins read
Filing your ITR at the last minute? Don't make these mistakes
As per official data, about 6 crore ITRs have already been filed so far, and around 70% of them hav…
6 mins read
A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?
The growth rate of bank deposits in India has been slowing, largely outpaced by credit growth. But …
2 mins read
54th GST Council meeting to take place on September 9 in New Delhi
The 54th GST Council meeting took place on September 9, 2024, in New Delhi to address rate rational…
ANI
2 mins read
Did you know about the only Indian state exempt from paying any income tax? Know all about it here
Sikkim has its income tax manual, which stipulates that no resident of Sikkim was to pay taxes to…
3 mins read
Focused MFs' asset base rises 31% to Rs 1.43 lakh cr in June qtr; up to 60% returns last year
Focused funds are a type of mutual fund where the fund manager selects a concentrated portfolio of …
PTI
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…
2 mins read
Investment in equity mutual funds surge 5-fold to Rs 94,151 cr in June qtr amid robust eco environment
The robust gain in the asset base was also replicated in the growth of investors in equity mutual f…
PTI
2 mins read
Income Tax Department seizes record ₹1,100 crore cash and jewellery in Lok Sabha elections 2024
As per the sources, by the end of May 30th, the department had seized approximately Rs 1100 crore w…
ANI
3 mins read
Multibagger electrical goods stock crashes on alleged tax evasion shock
The stock of Polycab India fell sharply by 15% on Thursday morning trade, after news of tax evasion…
3 mins read
Income Tax department issues warning to taxpayers, asks them to stay safe from ITR Refund scams
There has been an increase in scams targeting Indian taxpayers after the Income Tax Return filing d…
4 mins read
GST Council tweaks tax rates; Waives interest, penalty on tax dues for first 3 years of rollout
The GST Council on Saturday decided to tweak tax rates on items, including accommodation services f…
PTI
2 mins read
Blackstone to invest $2 bn every year in India; wants quicker M&A clearances
Global private equity major Blackstone Group is confident of investing USD 2 billion annually in In…
PTI
1 min read
Bata India gets ₹60 crore sales tax notice
The company said it initially received an audit notice on April 27, 2023, and submitted relev…
PTI
6 mins read
Some techies are leaving cushy Silicon Valley jobs to launch startups at home in India
Many leave cushy Big Tech salaries because they no longer want to watch the booming entrepreneurshi…
Shubhangi Goel,Charissa Cheong
1 min read
PM asks India Inc to step up investment
In this backdrop, he said, "I would also call upon the private sector of the country to increa…
PTI
2 mins read
One in four taxpaying citizen yet to file IT returns with 3 days to deadline
Revenue Secretary Sanjay Malhotra said last week that the possibility of extending the deadline for…