The budget for the next fiscal has proposed to add a new tax regime to the existing one. From April, taxpayers will have the option to choose the proposed lower tax rates with no exemptions, or the existing regime that allows for deductions and exemptions.
Here is a weekly tracker of Sensex, gold prices, bond yields and inflation. The tracker keeps you updated about the changes in the past year so that investors can get an idea of how their investments performed over a long-term.
The Oracle of Omaha last year noted that valuations for acquisitions had gone up sharply.
47% of those surveyed held a life insurance policy and 33% had plain-vanilla bank deposits.
Banks branches will not be open for business today on account of Shiv Ratri. Tomorrow being the 4th Saturday, banks will remain shut. And obviously, they won't be open to customers on Sunday, a weekend. Some banking work like cheque clearance may get affected due to the same. Also get ready to face more inconvenience next month.
Oriental has in its response said it will ensure that it will not refer to commissions or payouts by “generic references” in its financial reports for FY20. And it will be restating its financials for FY17 and FY18, if needed.
It has seen the slowest half-yearly growth in investments made during the July-Dec period of 2019.
In white goods, e-commerce contribution has gone up by 1-2 percentage points in 2019. However, in the last two years, the contribution has almost doubled – 6% for refrigerators in 2019, up from 3% in 2017; 13% for washing machines from 7%; and 9% for ACs from 4% in 2017.
The demand for the Japanese yen often increases amid rising risks to economic growth.
Business schools other than the top six IIMs (Ahmedabad, Bangalore, Calcutta, Kozhikode, Lucknow and Indore) have seen a jump in average salaries and number of recruiters for the class of 2020. The top six do well pretty much every year. It’s campuses just below them that have sprung a surprise.
The suggestions are expected to increase mutual funds penetration (currently at 2%) in the country.
"Auto sales continue to be in the negative territory in the month of January, except for three wheelers, with many consumers still not concluding on their decisions. Ongoing transition of BS-IV to BS-VI is also a factor in delayed purchase decision," FADA President Ashish Harsharaj Kale said in a statement.
Overnight funds within the open-ended debt mutual fund schemes is the newest category investing in debt and money market instruments with overnight maturity of just 1 day.