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Source: Live Mint Upcoming IPO: Vikram Solar Ltd and Midwest Ltd has filed its draft red herring prospectus (DRHP) with the capital market regulator, Securities and Exchange Board of India (SEBI), for an initial public offering (IPO). India’s top producer of solar photovoltaic modules is Vikram Solar Limited, situated near Kolkata. When the DRHP was…
Source: Live Mint I am a non-resident Indian Citizen working abroad. I sold my agricultural land on 15 October 2022. As per Sec, I deposited the indexed capital gain in a capital gain account with a nationalised bank. 54B to purchase another agricultural land within two years from the date of sale. i.e. by 14th…
Source: Live Mint The income tax department’s online tax return filing and processing system has proved to be a vast improvement over the old manual system. However, more than a decade after the online system was launched, taxpayers continue to face difficulties, best exemplified by a recent Supreme Court order. In this case, the taxpayer…
Source: Live Mint Tata Power Share Price Today on : At 01 Oct 11:17 today, Tata Power shares are trading at price ₹484, 0.27% up from the previous closing price. Sensex is trading at ₹84159.84, down by -0.17%. The stock has hit a high of ₹491.25 and a low of ₹483.5 during the day. On…
Source: Live Mint I opened a savings bank account for my son when he was a minor. When he became an adult, the account was converted to a joint account with me as a second joint holder. This account is still in operation and has a balance of less than ten thousand rupees at any…
Source: Live Mint Gold and Silver Prices Today: Gold prices experienced a minor decrease on Tuesday. The price of 24 carat gold is Rs.7740.3 per gram, reflecting a decline of Rs.160.0. The price of 22 carat gold is Rs.7096.3 per gram, which is down by Rs.150.0. The price change in 24 carat gold over the…
Source: Live Mint The desire for early retirement is gaining popularity as more individuals aim to escape the traditional work timeline and achieve financial independence before the usual retirement age of 60. The National Pension System (NPS) is an excellent option for those seeking early retirement, offering a balanced combination of wealth creation, tax benefits,…
Source: Live Mint Leela Palaces filed for an initial public offering (IPO) of ₹5,000 crore on 20 September. Its listing will expand the roster of publicly traded luxury hotel stocks beyond India Hotels Company, which operates the Taj brand, and EIH, the parent company of the Oberoi chain of hotels. “(The hotel) industry is expecting…
Source: Live Mint HDFC Bank is set to revise its loyalty program for select credit cards, with changes taking effect on October 1, 2024. A key update involves limiting the redemption of reward points for Apple products to one item per calendar quarter through the Smartbuy platform. Specifically, HDFC Bank will allow customers to redeem…
Source: Live Mint Stock market changes: Effective October 1, the Indian financial markets will see significant changes. The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) have introduced new transaction fees for brokers across various segments. Additionally, the government has implemented a new tax regime for share buybacks, taxing them as dividends. Furthermore, the…
