The life insurance industry does not have a good track record when it comes to passing on tax benefits to policyholders, points out Harsh Roongta.
'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.'
The board of Reliance Industries Ltd on Thursday approved issuing 1:1 bonus shares -- the first bonus issue in seven years. Reliance, the nation's most valuable company, had last issued bonus shares in September 2017.
Jasprit Bumrah, Rishabh Pant, Shubman Gill, K L Rahul, Suryakumar Yadav, Hardik Pandya: Who will succeed Rohit Sharma after he retires?
Pressure is mounting for a resolution to be moved in the assembly when it meets next week for its maiden sitting to demand 'restoration of Article 370 and Article 35A' as committed in the National Conference's election manifesto, reveals Mohammad Sayeed Malik, the distinguished commentator on Kashmir affairs.
Both candidates have shifted from their traditional constituencies - Sadhotra from Marh and Sharma from Akhnoor - after these two segments were reserved for Scheduled Castes.
Ugandan Olympic runner Rebecca Cheptegei died after allegedly being doused in petrol and set alight by her former partner.
Here stood a man who embodied the legacy of whatever Brand Tata stood for, embellished it, and departed into the long night, leaving the brand legacy for others to further enrich, notes R Gopalakrishnan.
It seems that the West is sending a signal to India that it can return to old hostilities unless India toes their line on Russia. It is no surprise that India is being compared with Putin's Russia in terms of targeting 'dissidents' as the West calls these Khalistani terrorists, asserts Colonel Anil A Athale (retd).
The Supreme Court on Monday sought responses from farmers and their associations, and the Centre to a plea by the Andhra Pradesh government challenging the high court decision which said the state legislature "lacked competence" to make any law for shifting, bifurcating or trifurcating the capital.
While one was organised by the alumni of Ramakrishna Mission-run educational institutions, another involved students and past pupils from a well-known convent school, both echoing the demand for justice for the medic.
'Whether I am optimistic or pessimistic is not the issue; I am just going by the evidence available.' 'The Indian economy and financial sector are now well-placed and very resilient in dealing with any kind of spillover coming from the external world.'
'The water scarcity being faced by 30 lakh people of Delhi is only because of the BJP.'
There is nothing to be worried about as bilateral ties are robust with solid foundations. Both are on the same page on the economic and defence/security ties bilaterally and globally and that shall continue irrespective of change in political dispensation in either country, points out Dr Rajaram Panda.
'The quality of a leader should be such that even if the leader is not there, the institution carries on.'
The RBI on Thursday filed an application for initiation of Corporate Insolvency Resolution Process (CIRP) against debt-ridden Reliance Capital at the Mumbai bench of the National Company Law Tribunal. The Reserve Bank had on November 29 superseded the board of Anil Ambani-promoted Reliance Capital Ltd (RCL) in view of payment defaults and serious governance issues. The central bank had also appointed Nageswar Rao Y (former executive director, Bank of Maharashtra) as the administrator of the company.
Legendary Australia speedster Brett Lee feels apart from Jasprit Bumrah, pacers are failing to nail yorkers effectively in the death overs and he wants them to master the pivotal delivery.
Few finance ministers announce any taxation measure that could upset the stock market. Ms Sitharaman decided to take that risk, observes A K Bhattacharya.
'With this bronze medal, the team has proved that Indian Hockey is back on track.' 'We are a force to be reckoned with and on our day, we can really be unstoppable.'
There is a definite attempt to put the landslides on the backburner because news of them and climate change worry Wayanad's tourism and real estate businesses greatly. Whatever I experienced of Wayanad's 2024 by-elections; the July landslides were not a burning issue, observes Shyam G Menon.
'Obviously, he brings a lot of good things to the Test side. Not only from the batting point of view, but from the keeping point of view as well.'
Leader of the Opposition in the Lok Sabha Rahul Gandhi asserted that the Congress will protect the Constitution and the reservation system at all costs and foil "conspiracies" of the Bharatiya Janata Party.
'If you look at where inflation (headline and core) is today in India and where the rates are, there's clearly room to cut rates.'
The Delhi high court on Monday refused to quash the proceedings against Chief Minister Arvind Kejriwal and other Aam Aadmi Party leaders in a defamation case over their remarks about alleged deletion of the names of 30 lakh voters belonging to some communities from electoral rolls in the national capital.
Despite the rally in equities over the last few years, India, according to Christopher Wood, global head of equity strategy at Jefferies, is still in early stages of an equity cult. Any changes to the capital gains tax for equities - both long-term and short-term - in Budget 2024 scheduled to be announced on July 23, he believes, can trigger a bigger correction that what the markets witnessed post the Lok Sabha election outcome on June 4 that saw the Bharatiya Janata Party (BJP) lose majority, though it was able to form the government with the help of coalition partners.
The Supreme Court on Tuesday said it will lay down guidelines for all citizens and not for any particular community on the issue of demolition of properties.
The Indian Premier League governing council revealed changes ahead of the IPL mega auction, which is likely to be scheduled for November.
'There's significant interest from both existing and new sponsors who recognise the value of associating with Olympic athletes.'
Discover our country through great Indian rail trips!
"PWD officials had informed us that a wall of the mosque was in PWD land and we were served a notice. So we decided to demolish the wall," Iqbal Ali, a member of the mosque committee, said earlier.
'If you see another 1000-point correction, people may start panicking.'
World soccer's ruling body added that the decision had been taken following a meeting between its President Gianni Infantino and PSSI Chairman Erick Thohir.
Gukesh, Praggnanandhaa, Erigaisi and Vaishali have trained at the Westbridge Anand Chess Academy (WACA) that the bespectacled chess wizard set up four years ago in Chennai. The 18-year-old Gukesh and the 19-year-old Praggnanandhaa have often stated that they would not be where they are without "Vishy sir".
Chief executive officers (CEOs) across sectors have expressed intentions to expand capacities, expecting the government's target to invest a record Rs 11.11 trillion on infrastructure development will act as a catalyst for a jump in consumer demand. "With the government planning a capex of Rs 11.11 trillion, private sector investment will come in a big way. Companies will be preparing for it right from today," H M Bangur, chairman of Shree Cement, told Business Standard. For the past few years, the investment scene in India has been dominated by government capital expenditures; private investments in the manufacturing sector have remained muted.
Turning down the court's suggestion to appoint a lawyer on his behalf, separatist leader Yasin Malik on Friday told the Delhi high court he wished to argue in-person against a National Investigation Agency plea seeking death penalty for him in a terror funding case.
A political crisis involving the ruling All India NR Congress-Bharatiya Janata Party coalition is brewing in the union territory with a section of saffron party MLAs expressing displeasure against the government over issues including corruption, and have knocked on the doors of the national leadership with a plea to set things right before they 'become worse'.
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.
IPL's Governing Council will have a meeting with the owners of all 10 franchises in Mumbai on Wednesday to discuss the various key issues of this year's players auction.
Delhi Chief Minister Arvind Kejriwal's unexpected announcement on Sunday that he will resign after two days drew mixed reactions from parties, with some saying it was a compulsion due to bail restrictions on his functioning and others hailing it as a right call to go back to the people.
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