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Source: Live Mint As we approach the Union Budget 2025, the one expectation that keeps buzzing strongly is whether Finance Minister Nirmala Sitharaman will lower the personal tax rates. While many changes have been introduced to ease taxpayer compliance – pre-filled tax returns – there has hardly been any substantial tax saving for individual taxpayers….
Source: Live Mint Budget 2025 Trading Strategy: The Union Budget has consistently driven trends in the Indian market. The upcoming Union Budget for the financial year 2024-25 is expected to prioritise capital expenditure, emphasise manufacturing growth, and ensure macroeconomic stability. Historically, Union Budget announcements significantly influence the stock market, shaping sector trends based on government…
Source: Live Mint Rohit Murarka, Business Head, Kotak Cherry believes the market is expecting some kind of stimulus in the budget as the overall economy, especially demand conditions, is facing a slowdown. Murarka suggested that investors diversify investments across various asset classes like equities, fixed income, real estate, and commodities. This strategy helps mitigate risks…
Source: Live Mint With less than a week to go for the Union Budget 2025, discussions around capital gains tax have centre stage among market participants. While the concept of capital gains tax is not new, its structure and recent amendments have significantly influenced market sentiments. Capital gains tax is levied on the profit earned…
Source: Live Mint Stock Market News: The domestic benchmark indices, Nifty 50 and Sensex, experienced losses on Friday, marking the third consecutive week of declines amid rising worries about slowing corporate earnings. The Nifty 50 closed down 0.49% at 23,092.2, while the Sensex dropped 0.43% to settle at 76,190.46. Throughout the trading session, both indices…
Source: Live Mint Consider this. Of the Central Board of Direct Taxes’ (CBDT) total tax demand of about ₹42.3 trillion in financial year 2023-24, about 74%, or ₹31.4 trillion, was under dispute, as per the parliamentary standing committee’s report in December. The largest pendency in litigation lies at the first appellate level—the Commissioner of Income…
Source: Live Mint Stock market today: The Indian stock markets opened on a cautious note on Friday, experiencing selling pressure as both benchmark indices began the day in negative territory. Throughout the day, the indices fluctuated between the green and red zones, ultimately trading in a largely flat manner in the second half. By mid-session,…
Source: Live Mint Budget 2025: Finance Minister Nirmala Sitharaman is scheduled to present the Union Budget for FY26 on February 1, 2025. Preparing the Union Budget is a delicate balancing act for the government, as it must navigate the challenging task of maintaining fiscal discipline while addressing the aspirations of millions of citizens and businesses…
Source: Live Mint Mumbai: Fears over fewer rate cuts in the US and a greenback gathering steam sent shockwaves over the Street on Monday, making investors poorer by more than ₹12 trillion overnight. The carnage did not spare any corner of the market – While the Nifty and Sensex plunged 1.5% and 1.4% to close…
Source: Live Mint Time: 5.30 pm, early May Place: Pitampura, north-west Delhi People wait anxiously in front of a roadside food cart. The long, long queue spills over from the pavement onto the street, leaving bikes, cars, cows and canines jostling for space on the narrow road. A few paces ahead, half a dozen vloggers…
