The government's move to tweak the long-term capital gains (LTCG) tax regime proposed in the Finance Bill 2024 and re-introduce the indexation benefit is likely to boost the investments and spur housing sales in the country, industry executives believe. "By enabling taxpayers to choose the lower tax burden between the new and old schemes, the amendment is poised to drive investment and enhance sales across housing segments," said Niranjan Hiranandani, chairman of the Hiranandani Group. In Budget 2024, Union Finance Minister Nirmala Sitharaman proposed an overhaul in the capital gains tax regime, including lowering the LTCG tax to 12.5 per cent from 20 per cent.
Manish Tiwary plans to take up a new role at another firm.
'The overwhelming evidence from various studies and reports indicates that the current work culture in the IT sector, characterised by excessive hours, has severe consequences for health, productivity, and overall quality of life.'
'Since there is no photo-op, or quick fix solutions, politicians do not want to address climate change. It is very unfashionable.'
rediffGURU Mohit Arora offers advice on how you can manage your emotions and improve your personality to be more confident and positive.
'Right from 2002, making my debut and 22 years later still getting to represent India. I'm extremely proud of that.'
President Mohamed Muizzu, known for his pro-China stance, has thanked India for enabling the resumption of medical evacuation services with civilian aviation personnel from India.
The finance minister continues to be backed by the same policy team in charting out the broad strategy as in the few earlier Budgets.
Here's a look at some Indian-origin athletes who will be representing their adopted countries at the Paris Games
The 22-year-old said adjusting to shuttle movement in a place near to the sea is different and he expects similar conditions in Paris, where he will travel on July 22.
The IT giant has reported a decline in headcount for six consecutive quarters.
According to officials, Aman Preet Singh is among five people arrested as customers.
There are reports that the government will soon cut income taxes by about Rs 50,000 crore to boost consumption.
Prime Minister Modi, I suggest that, instead, you distribute about one lakh crore rupees per year to the 80 crore poor, which will boost both consumption and economic growth, suggests Kalyan Singhal, McCurdy Professor of Business at the University of Baltimore.
The Ambani wedding in Mumbai wasn't just a star-studded affair, it was a reunion for Indian cricket royalty -- past and present.
The estimated costs of these weddings start from Rs 100 crore and go up to Rs 700 crore.
Interestingly, the BCCI kept Hardik Pandya in the loop over the decision giving clear indications that he is likely to take over as India's T20 captain.
Akhilesh Reddy, Chairman and Managing Director of Racing Promotions Pvt Ltd (RPPL), welcomed Ganguly to the racing fold.
Dhoni's only advice to Ashwin was to keep reinventing himself.
'Suddenly the audience pool feels bigger, like everyone is watching everything now.' 'It's no longer limited in terms of boundaries, like a state or a language.' 'Whether it's a series, a movie or even a Korean film, the audience has access to all of it.' 'Slowly, the boundaries are blurring, so that's great for actors.'
Kunal Shah has funded over 266 startups including Razorpay, Snapdeal, Zetwork, BlueSmart, Unacademy, Bliss Club, and Spinny, amongst others.
Seemingly expressing his displeasure against ministers demanding three more deputy chief minister posts in Karnataka, state Congress president D K Shivakumar on Tuesday said the party would respond to them appropriately.
'The top five IT giants are not hiring, but most of the freshers want to start their careers with the top five IT firms.' 'In today's scenario this is a challenge.'
Afghanistan head coach Jonathan Trott feels his team is a stronger unit in a day game and expects them to optimise the conditions against a formidable India.
rediffGURU Nayagam PP counsels students on how to pick the right course and career.
'Aamir will fly in 200 plus family members and friends from different cities to celebrate his mother's birthday on June 13.'
'We want to prove to the world that they will get the best code written from a small place like Wayanad.'
'Besides Ayodhya, the BJP lost in nine other constituencies with a Ramayana imprint; it tasted success only in Thrissur.' 'In Rameswaram, K Navaskani of the Indian Union Muslim League won with a 44% voteshare in a 84% Hindu constituency.' 'In the 21 seats in the Ayodhya and Varanasi regions, both crucial to the Hindutva project, the BJP won just 7.' 'It won just 3 out of 12 seats around Modi's constituency,' points out Krishna Prasad.
Two-time chief minister and five-time MLA Janata Dal-Secular leader H D Kumaraswamy has once again demonstrated his political acumen by bagging a seat in the union council of ministers, despite his party joining the Bharatiya Janata Party-led National Democratic Alliance just last year.
Five Parliamentarians from Karnataka including Janata Dal-Secular leader and former chief minister H D Kumaraswamy, Bharatiya Janata Party leaders Nirmala Sitharaman and Pralhad Joshi, who were part of the previous Cabinet, on Sunday took oath in the new National Democratic Alliance Council of Ministers headed by Prime Minister Narendra Modi.
Kumaraswamy reiterated his desire to be the Agriculture Minister.
England will be looking to bounce back from a rain-affected opening match and solidify their T20 World Cup campaign
Lok Sabha constituencies that sprung a surprise in the 2024 polls.
BJP heavyweights Smriti Irani, Arjun Munda, Ajay Mishra Teni and Kailash Chaudhary were among the 13 Union ministers who tasted defeat in the 2024 Lok Sabha elections, as stunning losses in three Hindi heartland states forced the BJP to rely on allies to form the government.
Pat Cummins arrived at the ICC T20 World Cup brimming with confidence, crediting his recent Indian Premier League (IPL) stint for his best T20 bowling in a decade
India and Maharashtra batter Kedar Jadhav on Monday announced his retirement from international cricket, four years since his last appearance for the national team.
He is allegedly a member of the Lawrence Bishnoi and Goldie Brar gangs, the official said.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
India's luxury car rental market is experiencing a surge in demand, particularly in Tier 1 cities such as Mumbai, Bangalore, and Delhi, with executive travellers, especially from the tech sector and younger demographics like the millennials and the Gen Z, increasingly renting high-end vehicles for special occasions and domestic travel. Luxorides, a luxury car rental company, observed a 40 per cent year-on-year rise in bookings in 2024 (until April) on popular routes like Delhi-Rishikesh, Delhi-Vrindavan, and Delhi-Jim Corbett National Park, as well as Chandigarh-Manali and Chandigarh-Ladakh.
'I tell those in their 20s that age is on their side and they should start exercising early.' 'Just like investing in good stocks, if they start early, they will get the multiplier effects of being healthy, fit and strong later in life.'
'Hope is about being more accepting of each other, the kind of solidarity and friendship that even our families may not be able to give.'
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