Taxpayers seeking to save tax from the sale of gold (including inherited) should reinvest the capital gains in residential property to avail of the benefit provided by Section 54F.
India is losing over $10.3 billion (about Rs 75,000 crore) in taxes every year owing to global tax abuse by MNCs and evasion by private individuals, a report said on Friday. The State of Tax Justice report said globally countries are losing a total of over $427 billion in taxes each year to international corporate tax abuse and private tax evasion. This is costing countries altogether the equivalent of nearly 34 million nurses' annual salaries every year -- or one nurse's annual salary every second.
Red Bull's Max Verstappen started the season with a commanding Bahrain Grand Prix win from pole position.
The Turin-based club have suffered in recent weeks with three of their players having tested positive for the virus -- forward Paulo Dybala, defender Daniele Rugani and midfielder Blaise Matuidi.
Modi's inability to make peace with a renewed Opposition will only embolden his coalition partners and it is just a matter of time before they begin asking probing questions besides politely disagreeing with his tactics, predicts Nilanjan Mukhopadhyay.
Meanwhile, there is a lot of buzz about Shah Rukh's next film with Salman Khan, and just how much they will get paid for it.
Last week, the Delhi high court ruled that the mere use of trademarks on Google Ads, an online advertising platform, did not amount to infringement under the Trade Marks Act, 1999. This was after online travel agency MakeMyTrip (MMT) claimed that its trademarks, "Makemytrip" and "MMT", were being used as keywords in Google Ads to display ads and links of its rival Booking.com. The order has opened up a new debate on trademark infringement in the digital realm, revolving around whether it can create confusion among users.
Ultimately, the choice between no-cost EMI and BNPL depends on an individual's financial situation, preferences, and ability to manage repayments responsibly.
"Though we welcome the amendments to Succession Act, passing of Domestic Violence Act, women quota in NREG Act and the announcement of extension of maternity leave to six months, we are critical of the failure of the UPA government to introduce the bill on 33 per cent reservations of seats to women in Parliament and state assemblies," the resolution, adopted on the penultimate day of the ongoing 20th Congress of the CPI, noted.
'Look not just at the interest rate but also the processing fee.'
News of all that's transpired on and off the football field
'We want to prove to the world that they will get the best code written from a small place like Wayanad.'
Do not share your passwords or personal information with anyone.
'When you're attempting a genre such as action with two big action heroes, your film needs to look and feel a certain way, which was very difficult to achieve.'
'Those giving voice to the voiceless should be welcomed, not punished.' 'Yes, I paid a price -- 10 years in jail -- but it wasn't only me who did so. There are many paying the price.'
Keep revising the sum insured at the time of renewal to keep it in line with inflation.
Gujarat was labelled Hindutva's crucible and Modi was to become the chief 'chemist'. A revealing political saga excerpted from Nilanjan Mukhopadhyay's The Demolition, the Verdict and the Temple: The Definitive Book on the Ram Mandir Project.
Digital ghosts have opened a new can of worms for digital experts.
Six decades and more later, we are now captives of our identities. Every poll is based on elaborate calculations of electability of candidates on the basis of their castes and other narrow definers. That, along with voter promiscuity, is what defines our political culture, which remains stubbornly resistant to any change, asserts Shreekant Sambrani.
The government had earlier announced the country's highest civilian honour for L K Advani and Karpoori Thakur.
The ICC from the next cycle will award the same prize money to men's and women's champions and runners-up teams at its global events.
Popular doesn't always mean best. Here's why.
On a pitch that was difficult to score big runs, Punjab scored a par total of 147 for 8. Rajasthan scripted a late win thanks to Shimron Hetmyer's 10-ball 27.
Virat Kohli starred with the bat for RCB with a vintage knock in a must-win game to help them overpower Punjab Kings.
'There is not any negative connotation associated with it.'
The defence ministry on Sunday said the decision is in line with Singh's vision of "inclusive participation" of all women in the armed forces, irrespective of their ranks.
'India's G20 presidency has been inclusive, ambitious, decisive, and action-oriented. We actively voiced the developmental concerns of the Global South'
Ferrari, whose race on Sunday lasted about 20 seconds until Sebastian Vettel and Charles Leclerc collided, said the team strongly supported diversity and equal opportunities.
It would be ludicrous to expect Modi, Erdogan or Biden to pay to keep blue ticks on their respective official accounts. It would be equally ludicrous to expect the Delhi Metro or the Income Tax Department to pay, points out Devangshu Datta.
The postmortem report of the slain children has revealed that the assailant stabbed the elder brother 13 times and his sibling 11 times, officials said, adding injury marks have been found on the neck, chest and other parts of bodies of the two children.
At the heart of Paytm's slide lies the abject failure of its Super App strategy, notes Indrajit Gupta.
'We need to be far more careful given the fact that while this is group lending, it's essentially unsecured.'
For Billie Jean King, her leading role in the foundation of the WTA half a century ago ranks above the many successes she enjoyed on court.
One possible way of accelerating National Education Policy's outcome is to invite 10,000 retired highly accomplished teachers from the developed world and from India in STEM areas to create 2,500 "Train the Teacher" colleges in the country's 28 states and eight union territories, Murthy said.
The Lok Sabha contest in Thiruvananthapuram is shaping up to be a significant battle involving key candidates like Shashi Tharoor, Rajeev Chandrasekhar, and Panniyan Ravindran. This three-cornered fight highlights the political dynamics in Kerala's capital city, with each candidate bringing their own vision and promises for the region's development, notes Rajeev Srinivasan.
'Somebody was using somebody to make statements that will stir the stock market and lead to a surge.' 'A sudden surge and a sudden crash is always an ideal situation for people to make illicit gains and then siphoning off the money.'
There is no plan to direct over the top (OTT) communications players who generate large amounts of traffic to give a 'fair and proportionate' share of their revenues to telecom network operators, the communications ministry has said. A senior official allayed any such apprehension by saying: "We have no proposal of this kind or anything like this which we are working on. "There is no fresh reference on this matter to the regulator (Trai)," he said. The ministry's view is significant as telecom network operators have been escalating this issue since July when Trai issued a consultation paper called 'Regulatory Mechanism Over OTT Communication Services and Selective Banning of OTT Services'.
'A good film is a good film.' 'If you enjoy watching it on Netflix, it should be equally fun to watch it in a theatre.'
'Congress leaders who are making strategy for the Congress to win elections have not even won a class monitor elections.' 'When you have not contested school monitor elections, what will you know about the ground reality?'
The finance ministry on Wednesday allowed all private sector banks to participate in government-related business, like collection of taxes. pension payments and small savings schemes. At the moment, only few large private sector are allowed to conduct government-related business.
