The government's move to tweak the long-term capital gains (LTCG) tax regime proposed in the Finance Bill 2024 and re-introduce the indexation benefit is likely to boost the investments and spur housing sales in the country, industry executives believe. "By enabling taxpayers to choose the lower tax burden between the new and old schemes, the amendment is poised to drive investment and enhance sales across housing segments," said Niranjan Hiranandani, chairman of the Hiranandani Group. In Budget 2024, Union Finance Minister Nirmala Sitharaman proposed an overhaul in the capital gains tax regime, including lowering the LTCG tax to 12.5 per cent from 20 per cent.
'I have enjoyed working on this film. It is one of my best films,' says the star.
If a show about Gujaratis or Indians in the US had to be made, it could have been more authentic, sighs Deepa Gahlot.
After the accident on Friday, Virudhunagar MP Manickam Tagore, Ludhiana MP Ravneet Singh Bittu and Thiruvananthapuram MP Shashi Tharoor alleged on Twitter that there were safety lapses on the part of the civil aviation ministry.
In the last year, it has been served at least a couple of times, the latest being the Rose Garden reception on Monday hosted by President Joe Biden to celebrate the Asian American, Native Hawaiian, and Pacific Islander (AANHPI) Heritage Month.
Disclosing an individual's income-tax returns is tantamount to violating the person's fundamental right to privacy as recognised by the Constitution.
The Congress and the Bharatiya Janata Party have united in their demands, calling for the immediate resignation and arrest of P P Divya, a Communist Party of India-Marxist leader and district panchayat president, who leveled graft accusations against ADM Naveen Babu at his send-off function organised by colleagues at the Kannur district collectorate.
He said companies with a good strategy, technology, capital, liquidity and a motivated team will emerge as winners after the crisis.
None of Amjad Khan's subsequent roles could outshine Sholay. He had begun his career at the top and had no higher peaks left to conquer. Dinesh Raheja salutes the iconic actor on his 80th birth anniversary.
Former HDFC Bank CEO Aditya Puri will be guiding global Carlyle on investment opportunities across Asia as a senior advisor, the global private equity major said on Monday.
Keeping up his tradition of celebrating the festival with soldiers, Prime Minister Narendra Modi visited Sir Creek near the Indo-Pak border in Gujarat's Kutch district and offered sweets to jawans.
The Biden administration's failure in stopping two major wars and several minor ones was seen as a major disaster by many Americans and the world at large, observes Ambassador T P Sreenivasan.
Lovely hailed the BJP leadership, including Prime Minister Narendra Modi, for giving him and his colleagues the opportunity to join the party when they felt lost.
Quite a few film folk turned up at the trailer launch of Dharmaveer 2: Mukkam Post Thane, that continues to tell the tale of the late Shiv Sena leader Anand Dighe.
HDFC Bank managing director Aditya Puri on Wednesday said the lender's business is returning to pre-COVID-19 levels and full normalcy is expected to be restored soon.
Bloody Ishq comes off looking even more shoddy and ill-conceived when there is so much superior content to entertain the horror buff, observes Deepa Gahlot.
The elaborate rituals, which commenced early in the morning, concluded after the three wooden chariots of Lord Jagannath, his elder brother Lord Balabhadra and sister Goddess Subhadra reached their destination at Gundicha Temple from Sri Mandir well before evening.
The members of the cabinet committees included Union ministers from the Bharatiya Janata Party and its National Democratic Alliance partners like Janata Dal-United, Telugu Desam Party, Janata Dal-Secular, Shiv Sena and Lok Janshakti Party-Ram Vilas.
The announcement of the officer came after the violent protests broke out in some parts of the country wherein incidents like stone-pelting and setting trains on fire were reported.
Jagdishan, currently working as the 'change agent' of HDFC Bank and head of finance, has been with the bank since 1996.
'I would get very pampered on the sets so my grandpa used to get very scared about that.' 'He would think I would feel great from inside and my life would get messed up.'
State-owned Indian Strategic Petroleum Reserves Ltd (ISPRL), which operates India's strategic crude oil storage, will make awards by December to lease around 1 million tons of crude oil storage space (7.3 million barrels) at two of the country's three existing Strategic Petroleum Reserves (SPRs), around a fifth of the total SPR capacity. This will enable the refilling of crude caverns even as escalating hostilities in the Gulf threaten disruptions in crude supplies, two industry sources said.
India, the world's third-biggest oil consumer, has conveyed to OPEC countries its concern over high oil prices that are threatening to impact the nascent economic recovery after the devastating pandemic. New Oil Minister Hardeep Singh Puri has made phone calls to key OPEC nations to convey the desire for an affordable price for consumers. After calling his counterparts in Qatar and the UAE, he called Organization of the Petroleum Exporting Countries (OPEC) kingpin Saudi Arabia on Thursday evening.
Rammu Guru, the head priest of the temple, said, "Sai Baba was being worshiped without proper knowledge, which is forbidden according to scriptures."
Perfect occasion to list 30 real-life educators whose unique methods, unwavering dedication or scholarly persona impressed us.
Perfect occasion to list 30 real-life educators whose unique methods, unwavering dedication or scholarly persona impressed us.
'Ratan had the quality that JRD and Russi Mody had -- they could walk with kings and never lose the common touch.'
Ganesh Puja in Alibag taluka is about simplicity and minimalism. It's about quiet devotion too.
The government is looking at a new timeline for Air India disinvestment and financial bids will be invited in the coming days, Union minister Hardeep Singh Puri said on Friday. Noting that there is no choice but to either "privatise or close" Air India, he said the government will have to keep the airline running till it gets divested. "We are looking at another timeline now, what is called data room for prospective bidders to look at... that is opened up, 64 days for the financial bids to come in. "After that it is the question of taking a decision and handing over the airline," the Minister of State for Civil Aviation said.
Uttar Pradesh and Bihar appear to have got the maximum representation in Prime Minister Narendra Modi's new council of ministers, while assembly poll-bound Maharashtra also found a significant presence.
Prime Minister Narendra Modi chaired a meeting of the Cabinet Committee on Security on Thursday after Russia launched an attack on Ukraine.
'After Diwali, I don't see this trend of re-releases going forward. We won't have that window to re-release films because of the kind of movies that are slated to be released.'
Sebi's mandate restraining mutual funds, stock brokers, and other intermediaries from associating with finfluencers who do not come under the Sebi ambit will impact the earnings of finfluencers through sponsorships, tie-ups, or referral links, as these may dry up due to the restrictions.
HDFC Bank is on a global search to find a successor to the founding-chief executive Aditya Puri, as he would turn 70 next year.
To me he always symbolised the sincere, confident, face of a Bharat whose rise is unstoppable. Ratan Tata was a Rishi who was unquestioningly trusted by people who never saw him and never met him, asserts Tarun Vijay, the former BJP MP.
The Supreme Court on Friday said the construction activity being carried out by the Odisha government at the famed Shree Jagannath temple in Puri is necessary in the larger public interest as it dismissed pleas opposing the work.
The redevelopment work of the Central Vista Avenue, stretching from Rashtrapati Bhavan to India Gate in New Delhi, will be completed within two-and-a-half months, Union Minister Hardeep Singh Puri said on Thursday.
Union minister Hardeep Singh Puri on Saturday said the construction of a new Parliament building and redevelopment of the Central Vista Avenue, stretching from Rashtrapati Bhavan to the India Gate, will be completed in a time-bound manner.
The real estate sector wants "high-impact" measures, like special schemes and tax breaks for developers, to revive the fortunes of the affordable housing segment in the country, multiple executives told Business Standard. This segment has been struggling since the Covid-19 outbreak, in contrast to larger and costlier homes which have been selling like hot cakes. The demand comes at a time when the government is taking suggestions from industry players before tabling the General Budget in the Parliament next month.
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