'We have now drastically simplified it, primarily to two rates in long-term capital gains: 20% and the applicable rates. Similarly, in short-term capital gains.' 'For listed shares, there is a slight increase, but for unlisted shares, where indexation benefits are removed, there is a reduction in rates, benefiting unlisted companies, venture capital firms, etc.' 'Similarly, in real estate, wherever returns are higher, the new structure is beneficial. In very few cases, returns are lower, and those are more of an exception.'
Singapore government's sovereign wealth fund Temasek is looking to invest $10 billion in India during the next three years, Ravi Lambah, Temasek's head of India and strategic initiatives, said.
From 11-year-old to 60-plus, Olympics is playground for all
Finance Minister Nirmala Sitharaman on Tuesday said the securities transaction tax (STT) will be increased on futures and options (F&O) trade from October 1 to discourage retail investors from investing in the risky instrument.
'Pakistan is a nuclear country.' 'With the kind of situation that is there in Pakistan today, America will help Pakistan stay afloat.'
Five Indian boxers, aiming for glory at the upcoming Paris Olympics, will embark on a month-long training camp in Germany starting June 28th
The BSA Gold Star is launched....Ola Enters e-motorbikes Biz... Bajaj, TVS To Enter e2Ws Market...
In the case of double-income couples, not more than 40 per cent of the net income of one partner should be the EMI for the property.
'The water scarcity being faced by 30 lakh people of Delhi is only because of the BJP.'
The consistently heavy downpour of films, shows, events, videos and whatnot is causing economic disruption.
Unlike for previous Olympics, the Paris 2024 opening ceremony will not take place in a stadium.
The finance minister continues to be backed by the same policy team in charting out the broad strategy as in the few earlier Budgets.
'Except that the population was much less.' 'I remember my uncle and family moving away from the base of a hill whenever it rained for more than a couple of days without a dry day in between.' 'Perhaps the older generations knew if it rained for more than a certain time, they must pack up to a camp or to a relative.' 'As some of the interviews of the survivors on the Malayalam television channels show, the elderly people had a premonition a tragedy would happen, and those who acted on those premonitions survived.'
This is the full text of the address to the nation by President Droupadi Murmu on the eve of India's 78th Independence Day.
Bangladesh is in turmoil, which is not good news for India, which shares a porous 4000 km border with it. There is a danger of fundamentalism growing there, and India has to move in to reset its ties with the new dispensation before China and Pakistan make capital out of it, alerts Ramesh Menon.
'Sebi had no problem with derivatives until trading exploded after Covid.' 'But now, having built a dangerous road, from which different entities, mainly governments, are extracting a heavy toll, Sebi is concerned that people are driving on it in much greater numbers,' explains Debashis Basu.
rediffGURU Samkit Maniar answers readers' personal income tax queries.
'In the short term you keep your return expectations very, very low; in the medium term be prepared to invest and in the long term growth will come and your returns from stocks will be high.'
Modi's high praise of Russia as an ally and Putin's leadership came amid ongoing efforts by the Western world to isolate the Russian leader over the war in Ukraine.
'India's fundamentals are a lot better (than those of other emerging market economies).' 'India will suffer (witness a fall in its stock market) what I call the second order effect.' 'And the second order will happen when these funds (belonging to macro and hedge fund investors and which have leveraged Japanese yen-carry trades), because they lose money elsewhere as lot of their positions were financed by borrowing Japanese yen, will have to book profits in investment destinations where they are making money, including in markets like India.' 'They (these investors) will have to effectively sell in countries like India and which is the consequence (the crash in equity markets) that Indian markets might see.'
The Delhi Capitals squad gave fans a glimpse of their Holi celebrations, with Rishabh Pant right in the thick of things.
Navjot Singh Sidhu believes Yashasvi Jaiswal, a left-handed batsman, would have been an ideal opening partner for Rohit Sharma
Delhi Water Minister Atishi ended her indefinite fast over the water scarcity in the national capital after she was hospitalised early Tuesday, Aam Aadmi Party Rajya Sabha MP Sanjay Singh said.
Satwik-Chirag eyeing "great things" at Paris Olympics after cracking service variation challenge
SKM won 31 of the 32 assembly seats in the polls which occurred simultaneously with the Lok Sabha elections.
Sources within the Congress, including those who have been members of the teams that drafted its 2019 and 2024 Lok Sabha poll manifestos, said the Karnataka government decision lacked any empirical basis.
The TDP and Janasena, which won 16 and two Lok Sabha seats respectively from Andhra Pradesh, will play a crucial role in government formation at the Centre.
'Since there is no photo-op, or quick fix solutions, politicians do not want to address climate change. It is very unfashionable.'
With Kohli in stunning form, RCB have brought a late momentum to their campaign securing four successive wins after enduring six losses on the trot.
Was it Sandeep Sharma?
Industry body CII on Thursday made a case for pushing reforms in sectors like land, labour, and agriculture by the Modi 3.0 government to accelerate economic growth, which is estimated to be around 8 per cent in the current financial year. CII president Sanjiv Puri said a lot of policy interventions in the past have put the economy on "a much stronger wicket". "The growth rate is poised to touch 8 per cent during the current year, marking the fourth consecutive year of above 7 per cent + growth.
A spokesperson for United Nations Secretary-General Antonio Guterres has said the world body 'hopes' that in India and any country that is having elections, people's 'political and civil rights' are 'protected' and everyone is able to vote in a 'free and fair' atmosphere.
The road to Sena Bhavan is gridlocked. Every inch is a battle for space as party workers from different parts of the city, indeed the state, have descended upon this iconic building to celebrate what until this morning seemed unexpected: A victory.
The value of the Indian Premier League went up 6.5 per cent to USD 16.4 billion (around Rs 134,858 crore) in 2024, according to a report by American investment bank Houlihan Lokey.
'Those trying to use these funds for quick gains should avoid them due to risk of being late to the party.'
'If you are investing in a Ulip for returns, go for a type I Ulip.' 'If you are investing for insurance cover as well, type II is better.'
ourav Ganguly is in favour of continuing with the Impact Player rule in IPL, but wants teams to decide their picks before the toss.
The top court had on March 4 directed the party to vacate its office by June 15 after noting that the plot was allotted to the Delhi high court for expanding judicial infrastructure.
The climate for 'doing business' remains forbidding, taxtortion is still rife, corruption at state and district levels has increased, oil prices remain extortive with high taxation, and the continued red tape has kept the enterprise system as stifled as before, points out Debashis Basu.
Former Australia captain Ricky Ponting has picked Indian Premier League (IPL) top performers Jasprit Bumrah and Travis Head to excel among the bowlers and batters respectively in the T20 World Cup starting June 2.
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