The Sensex posted its biggest single-day jump in over a decade at 1,921 points and investors' wealth soared by a staggering Rs 6.8 lakh crore after Finance Minister Nirmala Sitharaman delivered a surprise cut in corporate tax rates on Friday.
'This will have a multiplier effect in generating more jobs.'
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
The amount saved in a PPF account is actually saving for a rainy day.
God forbid, if bad days fall upon someone and debts pile up. A fascinating excerpt from Anil Lamba's Financial Affairs Of The Common Man: Master The Art Of Personal Finance Management.
Troubled England all-rounder Ben Stokes and India off-spinner Ravichandran Ashwin are among the 16 marquee players for the upcoming Indian Premier League Players' Auction in Bengaluru on January 27 and 28.
The FinCom has recommended a record 10% increase in states' share.
The sentence could go up to three years if the evasion exceeds Rs 50 lakh (5 million).
Big bull's holdings cross Rs 7,200 crore (Rs 72 billion).
Cricketer-turned-politician Gautam Gambhir on Thursday said he will contribute his two years' salary as an MP to the Prime Minister-CARES fund to tackle the coronavirus pandemic sweeping through the country. The BJP's Lok Sabha member from East Delhi made the announcement on his Twitter page, urging people to come forward and donate generously.
The case relates to alleged fraudulent withdrawal of Rs 35.62 crore from the Chaibasa treasury in the 1990s when he was the chief minister of undivided Bihar.
The call centre works round the clock attending to calls ranging from domestic violence to suicide attempts to seeking medical help.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
At all India level, per capita income will decline by 5.4 per cent in FY21 to Rs 1.43 lakh, the report said.
Online platforms can help buyers and sellers get a fair price and assurance on the car's health.
The company received a fresh equity infusion in 2012-13.
Exposure to debt funds and gold is essential even if current returns from these asset classes are low, suggests Sanjay Kumar Singh.
Manufacturing sector grows at 3.5%; agriculture sector at 3.8%
The girl lending the helping hand won her hearts and accolades, with Hero Cyles taking special note.
It is necessary to have a dramatic increase in the number of rapid tests for COVID-19 conducted on a large number of people and that should become the basis for estimating the morbidity and mortality due to COVID-19, not relying only on hospital reports, says Professor K Srinivasan.
The government may mobilise a whopping Rs 4 lakh crore, an amount which may help in wiping out the country's fiscal deficit, by bringing down its holding to 51 per cent in all the listed public sector firms, a report says.
On the Sensex chart, Bajaj Finance, Bajaj Finserv, HCL Tech, Tech Mahindra, Infosys, HDFC Bank and ICICI Bank were among the prominent gainers.
Telecom operators, including Reliance Jio, have been demanding "same service same rules" regime which means that mobile applications providing calls and messaging services should also be made to comply with set of rules that are mandatory for mobile service providers.
As India emerges from the COVID-19 crisis, the ninth budget under the Modi government, including an interim one, is widely expected to focus on boosting spending on job creation and rural development, generous allocations for development schemes, putting more money in the hands of the average taxpayer and easing rules to attract foreign investments.
'After he had exposed the Narcotics Bureau's wrongdoings, he threatened to expose the Enforcement Directorate as well.' 'So they are trying to rake up an old legal deal, distorting information and using the PMLA which did not even exist at that time.'
Top gainers in the Sensex pack included Hero MotoCorp, Maruti, M&M, Bajaj Auto, HUL, HCL Tech, Bajaj Finance, ITC, HDFC and L&T, rising up to 7.51 per cent.
Rajesh Karkera and Hitesh Harisinghani spotted these beauties at the Auto Expo 2018
At the rate of around Rs 40 lakh (Rs 4 million) for a bigha (0.62 acre), selling a couple of bighas can fetch one Rs 1 crore (Rs 10 million).
Jaitley said that the banks have to play an important role in achieving the higher growth rate.
India will soon make available many more COVID-19 vaccines to other countries after two Made-In-India jabs have already been introduced to the world, Prime Minister Narendra Modi said on Thursday while emphasising the country's global responsibility in fighting the pandemic.
Every political party loves to use the bait of loan waiver to woo the electorate. If their hearts bleed for the poor, they can always use the party funds to pay off the lenders, suggests Tamal Bandyopadhyay.
Afghanistan cricket broke a new barrier when Mohammad Nabi and Rashid Khan became the first from the war-torn nation to be picked in the Indian Premier League Player's Auction, in Bengaluru, on Monday.
Chidambaram to meet revenue boards on how to get much more and quickly; special audits and notices among measures likely.
Revenue from service tax, which has become a new focus area for Finance Ministry, has grown up substantially by over 300 times in past about two decades.
Everything you need to know about the three properties belonging to Dawood Ibrahim, which were auctioned on Tuesday.
The broad process to acquire around 7 lakh rifles, 44,000 LMGs and nearly 44,600 carbines has been finalised.
The government is also planning to set up specialised Benches for competition law to reduce the burden of the appellate tribunal, which is referred to on all matters from company law and IBC to competition law and the national financial reporting authority.
The company's market valuation stood at Rs 10,972 crore in morning trade.
The plan includes step-wise expansion of a crucial credit guarantee net, establishment of an unprecedented number of functional clusters and increased government procurement from MSMEs.
Tax Guru Anil Rego answers your personal income tax queries
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