[ad_1] The changes in the long-term capital gains (LTCG) tax regime, particularly the withdrawal of the indexation benefit, has emerged as one of the most contentious decisions announced in the Union Budget for 2024-25. The announcement initially led to confusion and trepidation among various sections, prompting the government to issue a string of clarifications and […]
Market watchers slam hike in long term capital gains tax, say will discourage savings, investments | Pune News
[ad_1] Market watchers said Union Finance Minister Nirmala Sitharaman’s move to hike long term capital gains (LTCG) tax from 10 per cent to 12.5 per cent will discourage savings and investments. “Just when the stock market has been having a good run for a long time, the news dampened the spirits… It is an unnecessary […]
F&Os surge hurt capital formation, growth; a major concern: SEBI, RBI | Business News
[ad_1] FINANCIAL MARKET regulators Securities and Exchange Board of India (SEBI) and the Reserve Bank of India (RBI) are worried that the surging volumes in futures and options have started impinging on capital formation and thus pose a systemic risk to India’s economic growth. “Two years ago, when retail investors flooded the F&O segment, we […]
More pain likely for rupee on India’s trade gap, capital outflows
[ad_1] India’s widening trade gap and capital outflow are posing new risks for the rupee, just as the currency’s fall to a record low adds to the problem of inflation. “India’s external balance is deteriorating,” economists at Goldman Sachs Group Inc wrote in a note on Thursday. citing a setback in terms of trade from […]
Indian Stock Market Updates: The Indian stock market is undergoing a change in structure: Rishabh Sheth, Karma Capital
[ad_1] Indian markets, like many other markets in the world, are undergoing structural changes, says Rishabh Sheth, Co-Founder and Co-CIO Karma Capital Advisors, “We expect market leadership to change going forward. Everything goes through a cycle and we believe that this cyclical change is likely to lead to a change in leadership, with very different […]
Capital Markets: NBFC-MFIs set to tap the capital market
[ad_1] India’s non-bank microfinance lenders are gearing up to tap the capital market as the sector promises steady growth prospects after a few years of worry. Data published by industry body Microfinance Institutions Network (MFIN) shows that the sector grew 10% annually to Rs 2.85 lakh crore at the end of March. It is expected […]
India aims to achieve 60% of capital expenditure target by September to keep inflation at bay
[ad_1] Finance Ministry key is asked basic infrastructure Ministries and departments to expedite projects, setting a target of achieving at least 60% of the FY 2013 capital expenditure budget target by the end of September. North Block wants to step up capital expenditure to support an economy hit by high inflationGeopolitical risk and monetary tightening. […]
Russia strikes Ukraine’s capital Kyiv for the first time in weeks as war erupts in the east
[ad_1] Russia attacked Ukraine’s capital Kyiv with missiles early Sunday for the first time in more than a month, while Ukrainian officials said a retaliatory strike on the main battlefield in the east had retaken half of the city of Svyarodonetsk. After the attack on two outlying districts of Kyiv, thick smoke could be seen […]
IRDA eases capital requirement for PMJJBY to bring in more insurance companies
[ad_1] Following the recent hike in premium rates, the Insurance Regulatory and Development Authority of India (Irdai) on Friday significantly relaxed capital requirement norms for insurance companies to encourage their participation in the government’s flagship program Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY). Gave. The regulator has reduced the capital required for insurers offering PMJJBY […]
How to Open Capital Gains Account in India in 2022?
[ad_1] If a person is claiming capital gains exemption, he is required to deposit the money in the capital gains account before the due date of filing ITR. This article explains in detail about how to open a capital gains account, its tax benefits and features. For example: Mr. A sold a residential property in […]