Business

Sensex-Nifty closed lower for fourth consecutive day, capital gains of Rs 3.35 lakh crore on stock-specific rally

Stock Market Closing: The increase in tax rates such as LTCG, STCG, STT applicable on financial and non-financial assets in the budget has increased the volatility in the stock market. The Sensex closed 280.16 points down at 80148.88 with a volatility of 769.07 points, while the Nifty closed 65.55 points …

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Now more tax on sale of women's jewellery, provisions that spoil the budget instead of giving tax relief

Union Budget 2024: Higher tax revenues than cradle in 2023-24, dividends due to huge profits made by state-owned enterprises and large income transfers by the Reserve Bank were expected to provide relief to the inflation-hit middle class and salaried individual taxpayers. It seems that the budget has increased the deficit …

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