Property market upset as govt removes indexation benefit for sellers

The government on Tuesday proposed reducing the long-term capital gains tax on immovable properties to 12.5 per cent from 20 per cent, but removed the indexation benefits to adjust for inflation, a......

June sees new highs for MF industry: equity MF inflows at Rs 40,000 cr, SIPs at Rs 21,000 cr

Investors pumped in a record Rs 40,608 crore into equity mutual funds in June, 17 per cent higher than in May 2024, industry body Amfi said on Tuesday. Illustration: Dominic Xavier/Rediff.com The......

Home loan outstanding up by Rs 10 lakh cr in last 2 yrs

Credit outstanding to the housing sector rose by nearly Rs 10 lakh crore in the last two fiscals to reach a record Rs 27.23 lakh crore in March this year, according to RBI's data on 'Sectoral......

Will EV Policy Lure Tesla?

If Tesla comes in, India's position as a manufacturing hub will rise many notches, as it will become only the second country, after China, to have both Apple as well as Tesla. IMAGE: Tesla Motors......