LTCG tax: In a big relief to investors, govt extends indexation benefit to share sale in unlisted companies
Currently, 15 percent tax is levied on capital gains made on sale of shares within a year of purchase.
Arun Jaitley does a UPA vs NDA: FM says LTCG tax required in present situation, markets crashed on global cues
Arun Jaitley said the downslide in the bourses was not caused by the reintroduction of LTCG and attributed negative global cues
Urjit Patel said there is sizable scope for the investment to GDP ratio to improve and pointed out to increasing capacity utilisation levels
I-T dept receives 15-20 lakh PAN applications per week; takes few hours to two weeks to issue the document
Allotment of PAN is being carried out by tax department through two service providers, NSDL e-Gov and UTIITSL, which collect and process applications
Market observers said negative global cues, heavy selling pressure in banking, capital goods, auto and oil and gas stocks, pulled equity indices lower
Budget 2018: Narendra Modi's ambitious health insurance plan will require Rs 11,000 cr in funding each year
The government has estimated the premium for insuring each family would be about Rs 1,100 ($17.15), said the government official
Big push to infrastructure, beginning of universal healthcare, housing for all, revolutionising education and support for ancillary sectors augers well for economy
Markets open in green hours before Budget presentation; Sensex up 157 points at 36,122, Nifty at 11,074 mark
Sensex opened at 36,048.99 points, was trading at 36,122.23 points (at 9:16 am), higher 157.21 points or 0.44 percent from previous day's close at 35,965.02 points.
Markets end in red day before Union Budget presentation; Sensex below 36,000-mark, Nifty above 11,000 level
The 30-share Sensex remained in negative zone for major part of session and lost 68.71 points, or 0.19 percent to finish at 35,965.02.
Rakesh Jhunjhunwala exclusive: 'Trading is mother of all my wealth… I only make mistakes I can afford… computer-based trading is like programmed sex'
Rakesh Jhunjhunwala is the renowned investor who has made billions from an initial capital of only Rs 5,000.
PNB’s overnight MCLR has been revised the most i.e. by 15 basis points
The expectation now is that there could be some tweak in the exemption rules
Your money grows along with your child. To reap the benefit, you need to give your money that much time.