After increasing the Dearness Allowance (DA) by 4% on March 7, this year, the government has decided to raise the gratuity limit of central govt employees by 25%, effective from January 1, 2024. With this raise, the gratuity limit has increased from ₹20 lakh to ₹25 lakh. “As per the Government’s decisions in the implementation … Read more
The frontline indices had fallen for five straight sessions until Thursday and are down 2.4 per cent from an all-time high hit early this week amid high volatility ahead of the Lok Sabha poll results. On a weekly basis, Sensex tanked 1,449 points while Nifty plunged by 426 points, recording their first weekly decline in … Read more
As the deadline of July 31 to file income tax return (ITR) for FY 24 draws closer, taxpayers are expected to scurry through their files and folders to arrange the documents they require. Most documents are generally available online, so are the income tax return filing forms on income tax e-filing portal. Taxpayers are expected … Read more
Kronox Lab IPO: Kronox Lab Sciences’s initial public offering (IPO) will open for subscription on Monday, June 3, at a price band of ₹129–136 per share. The IPO lot size will be 110 equity shares. Kronox Lab IPO will close on Wednesday, June 5. Kronox Lab Sciences IPO garnered ₹39.04 crore from anchor investors on … Read more
The new to health individuals, represented by young adults and Gen Z, are today demonstrating a forward-thinking and practical approach to financial matters, understanding the importance of long-term financial well-being. Amid their daily personal and work responsibilities, taking care of their health has become a top priority. As a financially savvier younger generation they see … Read more
In May, the Indian stock exchanges were closed for two days. In observance of Maharashtra Day, both exchanges were closed on May 1. The BSE and NSE were also closed on May 20 in addition to May 1 due to the general elections, which included competing for all six Lok Sabha seats in Mumbai in … Read more