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In some cases, they completely exempt capital gains on considering as something that gives impetus to growth. But today, if you are in FM's position, you need to raise revenues from somewhere. If you are going to give push to infrastructure, to R&D, I guess this was an area where she felt that she can raise more revenues for.
Category:
News and Media
I clearly believe that this budget focuses a lot on the real economy and that is something which probably yet is getting kind of ignored in context of some of the tax hikes.
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News and Media
Shares of Federal Bank surged 5.5% to a new high after announcing the appointment of Krishnan Venkat Subramanian as the new MD & CEO. Brokerages view this positively, citing his strong banking background and experience.
Category:
News and Media
Indian markets volatility expected on Budget 2024 day. Nifty future down 0.05% to 24,517; India VIX up 4.18% to 15.44. Max Call OI at 25,500, Put OI at 24,000. Range predicted 24,200-25,000. Nifty Bank positive at 52,280. Taparia advises 24,500 support for upward trends. Experts recommend SBI, Reliance, Dabur for F&O and cash market.
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News and Media
Finance Minister Nirmala Sitharaman is set to present the Union Budget for the seventh time, with expectations for changes in income tax structure and business ease. Residents across India hope for reduced petrol prices and inflation control. The budget announcement is eagerly awaited for its impact on the economy.
Category:
News and Media
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