The FinTech Hub
Source: Live Mint I want to redeem equity mutual funds this financial year but keep gains under ₹1.25 lakh to avoid capital gains tax. How can I check the split between principal and gains before withdrawing? Is there a portal, app or website for easy calculation? —Name withheld on request While there is no specific…
Source: Live Mint The Indian stock market closed flat after investors reacted negatively to the Union Budget 2025 capex numbers, which fell short of market expectations. The Nifty 50 index closed 0.11 per cent lower at 23,482.15 points after the Budget market session, compared to 23,508.40 at the previous market close. Also Read | RBI…
Source: Coin Tegraph India will impose tax penalties of up to 70% on undisclosed crypto gains as part of new regulations under Section 158B of the Income Tax Act. Read Full Article
Source: The Verge Hi, friends! Welcome to Installer No. 69, your guide to the best and Verge-iest stuff in the world. (If you’re new here, welcome, get ready for some web-slingin’, and also you can read all the old editions at the Installer homepage.) This week, I’ve been reading about Elon Musk’s gamer habits and…
Source: Live Mint Indian stock market: Indian markets ended the special Budget Day trading session on February 1 with minimal change, as investors reacted unfavorably to the capital expenditure numbers in the Union Budget 2025. The budget revealed a 9% year-on-year increase in capex for FY26, which did not meet market expectations. Economists had expected…
Source: Bitcoinist Bitcoin is facing serious selling pressure, as it has dropped below the $100K mark, raising concerns about a potential deeper correction. Since mid-January, BTC has been trading sideways, fluctuating between all-time highs (ATH) and the $97,750 level, struggling to find a clear direction. Sentiment in the market remains divided. Bulls believe this is…
Source: Coin Tegraph A bear trap is a form of coordinated but controlled selling that creates a temporary dip in an asset’s price, comprising a significant correction during a long-term uptrend. Read Full Article
Source: Live Mint Upcoming IPO: Bengaluru-based workspace operator WeWork India has filed its draft red herring prospectus (DRHP) with the markets regulator, the Securities and Exchange Board of India (SEBI), as it aims to raise funds from the Indian stock market. WeWork India is a flexible workspace operator in India that provides workspaces to our…
Source: Live Mint But here’s the catch: While Budget 2025 offers a welcome increase in the tax rebate limit, only certain types of income qualify for this benefit. Capital gains, whether from property sales or stock market profits, are excluded from the rebate, meaning Mr. A’s tax savings won’t be as generous as he initially…
Source: Coin Tegraph Some cryptocurrency traders are profiting millions from Ether’s six-week downtrend despite the heightened risks of leveraged trading. Read Full Article
