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Income Tax Return New Guidelines: Now if the Income Tax raids your place and you honestly disclose your undeclared income, then tax will be levied at a maximum rate of 60 percent. Now if a raid is conducted, accounts will be taxed at the rate of 60 percent for six …
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Big fall in stock market, investors' capital decreased by more than 3 lakh crores, know the reason
Stock Market Today: The Indian stock market has reported a big decline today due to negative factors globally. After hitting an all-time high yesterday, there has been a universal sell-off due to profit booking and weak US PMI and unemployment data. At 10.34 am today, the Sensex was trading 804.61 …
Read More »Technology giant will lay off 18,000 employees, said- expenses will have to be cut…
Leave In Intel: American chip manufacturer Intel made a big announcement on Thursday, saying that we are preparing to lay off 15 percent of our total employees with the aim of streamlining our company's operations. Intel currently employs 1,24,000 employees. After the company's latest announcement, the jobs of about 18000 …
Read More »Indian stock market is reaching new heights
Mumbai: India's stock markets hit record highs today, with Nifty crossing the 25,000 mark and Sensex at record highs in global markets amid cautious easing in Asian and European markets, as geopolitical tensions between Iran and Israel escalated after the killing of Israel's top Hamas commanders. The intra-day 82000 level …
Read More »The journey from 20000 to 25000 was completed in 10 months
Mumbai: While on one hand foreign portfolio investors (FPIs) are continuously selling shares in the Indian stock markets, on the other hand, due to continuous buying by local funds, the Nifty 50 index today crossed the 25,000 level for the first time due to continuous investment flow in SPI-Systemic Investment …
Read More »Fed hints at rate cut in September as inflation nears 2%
Mumbai: The US Federal Reserve's Federal Open Market Committee (FOMC) kept interest rates unchanged at the end of its two-day meeting, but also hinted at a cut in September. Meanwhile, the Bank of England has announced a cut in interest rates. The committee said in its statement that inflation in …
Read More »F&O proposal will increase glut of options, making entry difficult for retail investors
New Delhi: The proposed increase in index derivative contract size for the Securities and Exchange Board of India (Sebi) derivatives framework may increase the attractiveness of the already popular and high-risk options segment. The regulator has proposed that the minimum value of a derivatives contract at the time of origination …
Read More »The pound fell after Britain cut interest rates to a 16-year high
Mumbai: The dollar fell slowly against the rupee amid one-sided fluctuations in the Mumbai currency market today, while the British pound and the euro fell sharply. There was news that the British government has reduced interest rates by 5 percent from the 16-year high. The result of this was that …
Read More »Hamas-Israel conflict impacts Air India, flight services cancelled
The war between Hamas and Israel has been going on since 7 October. After the death of Hamas chief Ismail Haniyeh, the war has worsened. Tensions have increased between the two countries. Meanwhile, Indian airline Air India has cancelled its flight from Tel Aviv, Israel to Delhi. Due to the …
Read More »After the reduction in duty, now the tariff value has also come down
Mumbai: Gold and silver prices rose in Mumbai's jewellery market today. World market news was showing progress. There were indications that interest rates in the United States will fall in September and the purchase of gold funds in the world market has increased. Globally, gold prices rose from 2420 to …
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