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.
The observations were made by a bench comprising Chief Justice DY Chandrachud and Justice Manoj Misra during the hearing of an appeal filed by the City and Industrial Development Corporation, Navi Mumbai against a Bombay high court verdict.
I will continue, albeit after a small break: PV Sindhu
For the first time in history, the luxury car market is poised to cross the sales mark of 50,000 units in 2024, with Mercedes leading the way
US gold futures slid over 1 per cent on Thursday, while silver futures dropped 2 per cent.
Jyothi Yarraji ready to put end to his mother's enormous struggles
The Tokyo Olympics triumph is done and dusted for star Indian javelin thrower Neeraj Chopra, who is now looking ahead for success in the coming years as he arrived in Chula Vista, United States for his off-season training.
From PM Modi to sporting icons, India rejoice Manu Bhaker's historic Olympic medal
Peruvian Kimberly Garcia Leon won the first gold medal of the World Championships on Friday in the 20 kilometres race walk in a time of 1:26:58 seconds, with Poland's Katarzyna Zdzieblo claiming silver and China's Qieyang Shijie taking bronze.
After touching a high of Rs 32,01/10g in October 2013, gold prices fell to a low of Rs 26,900/10g in June
Enchanted rings, talking teddy bears and arranged marriages of the phony kind, hijack horror and more on OTT this week.
Adani Ports, NTPC, Infosys, Hindustan Unilever, HCL Technologies and Sun Pharma were among the other big gainers. However, Larsen & Toubro, Bajaj Finance, State Bank of India, Axis Bank and HDFC Bank were amonh the major laggards.
India's para-badminton duo of Thulasimathi Murugesan and Manisha Ramadass won silver and bronze medals, respectively, in the women's singles SU5 category at the Paris Paralympics.
Any shift in investor sentiment may result in speculators fleeing the gold market, driving its price down sharply, quickly. One significant risk for gold is a near-term reversal in the dollar, which recently fell to a two-year low.
'It's not good in sport, it's not good to push and continue. If you want to run a long career then you have to be fit and healthy but there are competitions where you can't make a decision. Now we will work on this and work on the technique.'
Anwar Ali, his current side East Bengal, and parent club Delhi FC on Thursday moved the Delhi High Court and sought a stay on the suspension imposed on the player.
Paris Olympics hero P R Sreejesh made a stylish statement on Sunday.
Aseem Chhabra picks his top 10 Indian films of 2024, which includes films that have had theatrical releases or are streaming on OTT.
Ever a picture of golden elegance and age defying splendour, her fashion evolution spanning over half a century is telling of her gift to stay gorgeous day in and day out.
Rediff.com spoke to registered investment advisors to figure out how best the extra Rs 17,500 saved ever year can be invested to create a decent corpus in the years ahead. This is what they said.
Pierce LePage has withdrawn from the Paris Olympics due to a herniated disc in his back which requires surgery.
As the country moves towards creating a spot gold exchange, markets regulator Sebi's whole time member G Mahalingam on Wednesday suggested routing all the imports of the precious metal through the exchange ecosystem in the future. Such a "funnelling" would ensure that gold monetisation takes place right at the source as the metal enters the country, he said while addressing a conference organised by industry lobby Ficci. However, he also noted that the issue has not been dealt with in the papers floated by Sebi.
The 40-year-old Rai has won medals in every championships at the global and continental level but not the Olympics.
Carter was in politics, but not a politician, certainly not a transactional politician, points out Shreekant Sambrani.
The Tokyo Games are scheduled to be held from July 23 to August 8.
The tournament, being hosted under the aegis of World Boxing, featured four boxers in the women's 75kg category -- Borgohain, Cindy Ngamba of the Refugee Boxing Team, Qian and England's Chantal Reid -- and held in a round robin format.
Former US President Obama was featured wearing a number of ensembles some gladiator-inspired and a basketball one among others.
'The frequent coaching camps... too are contributing to the cause, and constant collaboration is only helping the team get that elusive medal at the Olympics.'
Chanu ended India's over two-decade-long wait for a weightlifting medal at the Olympics.
Follow this 15 x 15 x 15 rule to become a crorepati without taking big risks. Ramalingam Kalirajan explains how
If CAS rules in Vinesh's favour, she will be awarded a joint-silver in the women's 50kg freestyle category.
'Returns can be very variable in equity markets.' 'That is why I tell small investors don't put 100 per cent of your money in equities, even if you are young.'
The BSA Gold Star is launched....Ola Enters e-motorbikes Biz... Bajaj, TVS To Enter e2Ws Market...
Harmilan Bains revealed that she struggled with depression after missing the Paris Olympic Games because of injury.
'I was the only Indian boxer in the final and I badly wanted to win gold for my country.' 'When the referee raised my hand and I was declared the winner, I could not stop the tears rolling down.'
Indian javelin star Neeraj Chopra admitted to falling short of his full potential in the Paris Olympics final, where he secured a silver medal with a throw of 89.45 meters.
'As we enter 2025, it must be acknowledged that there is a convergence of capital, influential people (from business and politics) and technology deciding the destiny of others in the name of pride, patriotism, nationalism, nation building, all of it thinly veiled disguises for personal profit and glory,' asserts Shyam G Menon.
The IOC said it would not organise the tournament in 2028, leading to fears the sport might be excluded from future Games.
Tata group has been a constant in India's sporting landscape and the conglomerate's involvement only grew under Ratan Tata.
