(Reuters) – The Indian government aims to manage its cash position by tweaking Treasury bills sales, if needed, instead of resorting to changes to the bond auction schedule, two government officials said. It is easier to remain flexible and manage T-bill borrowing, as tinkering with bond auctions disrupts the market and traders want the government…
Finance Minister Nirmala Sitharaman has proposed drastic changes in capital gains taxation. This article will discuss budget proposals related to the taxation of equity market transactions. Increase in the tax rate and enhanced tax-free amount of long-term capital gains Presently, the profits on the sale of listed shares and units of equity-oriented schemes of mutual…
Acknowledging the importance of financial security and future planning, having an intention to save money is an excellent initial stride! Yet, saving money isn’t straightforward due to increasing prices and the impact of loans, debt, and taxes on our monthly income. To translate that intention into action, consider these steps: Monitor and automate your expenses…
What enables the affluent to attain and maintain wealth? Why do some individuals see their fortunes and respect diminish over time? Why does prosperity seem out of reach for many, despite their belief in their chosen path? Many fail to recognize that the wealth gap is a multifaceted issue that extends beyond mere income disparities….
Larsen and Toubro: L&T reported a 12% YoY increase in its consolidated net profit, reaching â‚ą2,786 crore for Q1 ending June 30, 2024. Despite the geopolitical situation, the company achieved steady growth across all financial parameters in Q1 FY 2024-25. The company secured orders totaling â‚ą70,936 crore at the group level in the first quarter,…
IT stocks have been witnessing decent traction since June this year. The Nifty IT index has gained nearly 24 per cent since June. In contrast, Nifty 50 has gained over 8 per cent in the same period. On the monthly scale, Nifty IT gained an 11 per cent in July so far, following an almost…
F&O ban list:The National Stock Exchange (NSE) banned trading in two stocks on Thursday, July25, 2024, in the futures and options (F&O) segment as they exceeded 95% of the market-wide position limit (MWPL). However, these stocks will be available for trading in the cash market. The NSE updates the list of securities in the F&O…
Latest Market News Today Live Updates: Catch today’s market wrap-up! Track Nifty 50 and Sensex movements, along with top gainers and losers. See how Asian and US markets fared and which sectors led the charge (or declined). Summary: Follow Mint’s market blog for real-time updates on your favourite companies. This blog keeps you informed on…
While investors have been increasing their equity holdings over the past few months, driving the S&P BSE Sensex and Nifty 50 to record highs, it is silver that has delivered the best return in the first half of 2024 (H1-CY24), with gains exceeding 30 percent during this period. Data shows that over 20-year and 10-year…
In Budget 2024, the central government has sweetened the new tax regime with more slab relaxations and an increase in the standard deduction from â‚ą50,000 to â‚ą75,000. However, despite the changes introduced in Budget 2024 in the rates under the new tax regime, there are taxpayers who would want to opt for the old tax…
