look news india
On Thursday, there was a huge decline in the wealth of the world's billionaires. If we look at the figures, only two billionaires were seen among the top 20 billionaires of the world. One is Elon Musk and the other is Gautam Adani. They showed their strength not only in …
Read More »Business
You will not have to pay even 1 rupee tax on selling your old house, do not worry
10 mins ago Business Tax savings on property: If you are planning to sell an old property bought in 2001 or later, you may have to pay more tax than before due to the end of indexation benefits, but you can avoid LTCG …
Read More »Parents can now start a pension fund for their children's retirement, know what the scheme is?
NPS Vatsalya Plan: Now parents and guardians can invest in pension scheme for their children. In the budget, Modi government has launched NPS pension scheme for children 'NPS Vatsalya'. To make the new pension scheme more attractive, in line with the new tax regime, Finance Minister Nirmala Sitharaman has proposed …
Read More »If you invest in PPF like this, you will become a millionaire at the time of retirement
PPF Interest Rate: Public Provident Fund (PPF) is a long-term investment option. Its main attraction is related to tax savings. Launched in 1968 by the National Savings Institute under the Ministry of Finance, PPF aims to fund retirement through small savings in addition to saving from income tax. If you …
Read More »LIC sets a new record, market cap Rs 7.34 lakh crore
Mumbai/New Delhi, 26 July (HS). The stock of public sector insurance company Life Insurance Corporation of India (LIC) reached a record life-time high of 1,178.60 on Friday, the last trading day of the week. With this, the market capitalization of LIC has reached 7.34 lakh crores. The share price of …
Read More »Sanstar Limited shares jump 15% and get listed at Rs 109
Mumbai, July 26 (HS). The stock of Sanstar Limited, a plant-based special product manufacturing company, was listed on the stock market on Friday with a jump of about 15 percent from its issue price of Rs 95. The company had fixed the price range of Rs 90 to Rs 95 …
Read More »The budget failed to provide immediate relief for the electric vehicle sector
New Delhi: In a bid to make India a major manufacturing hub for cutting-edge technologies such as electric vehicles and energy storage systems, Finance Minister Nirmala Sitharaman announced the removal of customs duty on 25 key minerals, including lithium, nickel, copper and cobalt. But the budget has failed to provide …
Read More »Global rating agencies welcome budget commitment to reduce deficit
New Delhi: Global credit rating agencies have praised India's budget for the financial year 2024-25 and the government's commitment to reduce the deficit. Moody's Ratings has said that the budget is positive for credit. The government's capital expenditure on infrastructure is about 23 percent of the total expenditure, although it …
Read More »Banks less enthusiastic about lending to stressed MSMEs
Mumbai: While the current fiscal year's budget has encouraged banks to provide loans to micro, small and medium enterprises (MSMEs), banks are concerned about such loans turning into non-performing assets (NPAs). Banks want the rules for classifying bad loans to be relaxed. The Finance Minister has announced a new mechanism …
Read More »RBI took a big decision after learning from the problems of American banks! This will bring a new rule
Digital Account: The Reserve Bank of India recently warned that the amount of cash deposits in banks has decreased and the flow of money into the stock market has increased. The rapid increase in investment in the stock market is affecting the money deposited in banks. A report has revealed …
Read More »