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.
'Even if we have laws in place, which we must, we need a societal change.' 'Rather than telling our daughters that, "Listen, leave your house at so and so time, come back by so and so time," we must tell the men and boys that "Whatever point of time you encounter a woman in public space or wherever, you treat her with respect, dignity, and as an equal participant in these public spaces".'
Ola Electric share price strategy: The meteoric rise of Ola Electric share price has left analysts and investors bewildered. Yet, they suggest investors hold on to the stock as it remains a pure "momentum" play. Since its listing on August 9, the stock has surged 92 per cent (till August 19) over its issue price of Rs 76, taking its market capitalisation to a little over Rs 63,000 crore.
A total of 45 MLAs voted in favour of the confidence motion in the 81-member assembly.
The spring/summer end-of-season sales have been advanced by a week with brands having high inventories due to weak demand in May because consumers avoided shopping in the hot month.
In a significant political development, National Conference president Farooq Abdullah announced on Thursday that an alliance with the Congress was finalised for all 90 assembly seats in Jammu and Kashmir, which is going for its maiden assembly polls after being reorganised into a Union Territory.
'If you see another 1000-point correction, people may start panicking.'
Stating that an investigation team will work under the full supervision of the United Nations to ensure complete transparency and impartiality, he said, "None of the outgoing government involved in the murder will be exempted."
Bangladesh is in turmoil, which is not good news for India, which shares a porous 4000 km border with it. There is a danger of fundamentalism growing there, and India has to move in to reset its ties with the new dispensation before China and Pakistan make capital out of it, alerts Ramesh Menon.
Kerala has had 202 fatalities in 2024 so far. In July alone, there were 202,122 episodes of fever, 2,250 cases of dengue, 1,850 cases of mumps and several other illnesses. 10,000 cases of dengue have been reported from Karnataka. 1,000 swine flu cases have been documented in Rajasthan.
A day after the Congress accused Uddhav Thackeray of unilaterally announcing his party's candidates for the upcoming Maharashtra legislative council polls, the two parties finalised a deal on Wednesday under which the Shiv Sena (UBT) will contest three out of four seats, while the grand old party will fight one.
He indicated his conviction will remain firm even if that "uprising" ultimately puts the party he faithfully served for 13 years in the dock.
D'Souza's anticipatory bail plea was rejected by special CBI judge S M Menjonge.
Polling in Indore, where the Congress is out of race after its candidate withdrew his nomination, is scheduled on May 13.
Kolkata hangs its head in shame as the hope of a government with a moral compass and a heart in the right place recedes into the distance, notes Payal Singh Mohanka.
'If the political executive doesn't want an independent judiciary, it will be impossible for the judiciary to maintain its independence.'
The 5th Battalion of the 1st Gorkha Rifles, on completion of its three-and-a-half years tenure as ceremonial Army Guard Battalion, handed over the charge to the 6th Battalion of the Sikh Regiment.
'I would think that India faces less damage from opinions voiced overseas compared to the damage it suffers if the right to free speech of its citizens is curtailed in the name of image management,' asserts Shyam G Menon.
The response was tepid in other parts of the country even as several INDIA bloc parties as well as other non-BJP outfits extended their support to the bandh.
The United Nations General Assembly, heeding to a call by Prime Minister Modi, had made a declaration in December 2014 to observe June 21 every year as IDY.
The officer told media persons outside the Indira Gandhi International Airport that he has not been summoned by the agency but has some work here.
As several countries recognised Palestinian statehood on Wednesday, Israel's Foreign Minister, Israel Katz sent a clear and unequivocal message to Ireland and Norway stressing, "Israel will not remain silent."
Lawyers have pointed out that the new laws increase police powers by extending the maximum limit of police custody from 15 days to 60 days or 90 days.
The court dismissed the petitions filed by Telugu Desam Party chief Naidu and Babu seeking to quash the FIR lodged against them with the Dharmabad police in Maharashtra's Nanded district.
Times have changed, situations have changed, but the basic nature of superpower geo-politics remains the same and so also India's diplomacy -- call it non-alignment, strategic autonomy or neutrality; it all depends on the time scale, notes Rup Narayan Das.
The clean chit to Aryan Khan and five others by the Narcotics Control Bureau on Friday has once again brought the central agency's former zonal director Sameer Wankhede under the spotlight.
Addressing the gathering after laying the foundation stone of the new building and performing the ground-breaking ceremony, Modi said many new things were being done in the new Parliament House, which will increase the efficiency of the MPs as modern methods will be incorporated in the work culture.
'Elections and audience interest in specific movies are often independent factors.'
Santu Pan, who works for Republic Bangla news channel, was arrested on February 19 on the basis of a complaint by a woman alleging that he had trespassed into her house in Sandeshkhali.
'There cannot be anyone like Air Marshal Keelor -- he was so difficult to emulate.' Air Commodore Nitin Sathe (retd) salutes War Hero Air Marshal Denzil Keelor PVSM, KC, AVSM, VrC who passed into the ages last month.
'Maharashtra's asmita was crushed under Delhi's feet.' 'Marathi Manoos is definitely angry.'
'Forget your loss or profit in your portfolio.' 'Look at how much cash you have in hand.' 'If you don't have cash in hand, liquidate at least partially; get into about 20 per cent in cash.'
In the Interim Budget, Finance Minister Nirmala Sitharaman announced that a high power committee would be set up to consider the challenges arising from 'fast population grown and demographic changes.' 'But who wants data? It pays to feed people's fears, insecurities and apprehensions. If such fears don't exist, they must be created,' her husband Parakala Prabhakar says in this fascinating excerpt from his book, The Crooked Timber of New India: Essays on a Republic in Crisis.
'The election results mean that the Opposition can no longer either be ignored or attacked in the way that it has been.' 'For this reason it will be interesting to see how it behaves from here on and whether there is any change in its behaviour,' notes Aakar Patel.
The high court said he was a very powerful and influential person within the power corridors of the Delhi government as he had the responsibility of 18 portfolios in the city dispensation.
Saturday's voting will mark the end to the marathon polling process that began on April 19 month and has already covered 486 Lok Sabha seats in 28 states and Union territories.
Independent candidates have emerged as big winners in Jammu and Kashmir's maiden District Development Council polls, with 49 of them having been declared elected so far from 280 seats, putting them ahead of parties like the Congress and the Peoples Democratic Party.
The defence ministry said the test-flight was carried out on Wednesday evening and it met all the trial objectives, validating the reliable performance, as confirmed from the data captured by a number of range sensors deployed at different locations.
For the first time, Modi is eyeball to eyeball with his bete noire, sitting a few feet across him. Given the last 10 years, a confrontation between them was unavoidable, inevitable, points out Saisuresh Sivaswamy.
This shift is driven by a pursuit of a superior lifestyle and an innate desire to be grounded in an owned plot of land. Villas, situated within gated housing societies, have gained popularity as a property type, witnessing strong traction due to elevated aspirations and the need for more living space.
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