The upcoming Union Budget is expected to propose changes in the tax treatment of income from futures and options (F&O) segment with an aim to discourage retail participation in the derivatives trading, a report said. Along with various options, the government is said to consider moving income from F&O trading from the head of ‘business … Read more
Edited excerpts: What is your assessment of the current market structure? Where is the Indian stock market heading? There are two ways that I would look at the current situation: 1. Versus pre-COVID: The Nifty 50 is currently trading at nearly 22.5 times the trailing 12-month (TTM) price-to-earnings (PE) ratio, compared to 26.5 times (three-year … Read more
“Even compared to gold, silver is beginning to look good. Unlike gold, silver also has some linkage to industrial demand. The US leading indicator on industrial production is also looking good. So, all this put together bodes well for silver,” she says. Barring some legacy stock holdings, about 90% of Mehra’s investments are channeled through … Read more
Budget 2024 Expectations Highlights: On February 1, 2024, Finance Minister Nirmala Sitharaman is set to present the final Budget under the current Narendra Modi government. Given that this Budget is ahead of the Lok Sabha elections year, it is expected to be an Interim Budget or a Vote on Account. The key question looms: will … Read more
Finance Minister Nirmala Sitharaman is set to unveil the Interim Budget 2024 on February 1 at 11 am, setting the stage for the temporary financial plan until the new government takes over. With her sixth budget presentation – five annual, one interim, she will stand shoulder-to-shoulder with former PM Morarji Desai, etching her name in … Read more
Finance Minister Nirmala Sitharaman will present the interim budget at the parliament on February 1. There are less chances of some big announcements or major policy changes because of the upcoming Lok Sabha elections. Also Read: Budget 2024: These are the 6 key Budget promises delivered in recent past The full budget will be presented … Read more
NEW DELHI : Finance minister Nirmala Sitharaman presents her sixth annual budget, albeit an interim one, today, likely furnishing a report card on the government’s performance in the past five years. Here are five key numbers to watch out for and cut through the economic jargon: Nominal GDP growth The budget could highlight how India … Read more
New Delhi: Union finance minister Nirmala Sitharaman on Thursday announced measures to withdraw outstanding disputed tax demands for specific periods, a move she said will benefit 10 million taxpayers by ending disputes going back decades. “In line with our government’s vision to improve ease of living and ease of doing business, I propose to withdraw … Read more
New Delhi: The government has allocated ₹1,200 crore for subsidizing the sale of natural gas under the administered price mechanism (APM) in North-eastern states for FY25. In the previous budget, the allocation was ₹1,633 crore for FY24, under the head of “other subsidy payable including for North Eastern Region”. In FY23, the allocation was ₹811 … Read more
New Delhi: The interim budget on Thursday provided a 3% boost to ₹21,200 crore, for the next financial year, for the women and child development ministry’s integrated Saksham Anganwadi and Poshan 2.0 scheme. The scheme is targeted at tackling malnutrition challenges among children, adolescent girls, pregnant women and lactating mothers. “Various schemes for maternal and … Read more