Despite festive sales surge in real estate, major discounts are absent, with developers focusing on streamlined payment plans amid steady market demand. Absence of Festive Discounts: A Shift in Developer…
Allegations against SEBI chief Madhabi Puri Buch create internal dissent and external scrutiny, raising concerns about the regulator’s credibility. Allegations and Conflicts Surrounding SEBI Chairperson Madhabi Puri Buch, the chairperson…
Credit card spending in India rose by 19% YoY in July 2024, reaching Rs 1.7 trillion, driven by increased consumer confidence and usage. Significant Growth in Credit Card Usage In…
Bombay High Court rules no GST on slump sale transactions. Case reaffirms business transfer as going concern, avoiding individual asset VAT. Bombay High Court Confirms No GST on Slump Sale…
The Indian government is reported to be considering a 30% tax on Futures & Options trading, classifying it as speculative income. Retail traders express concerns online. Government’s Likely Plan to…
Finance Minister Nirmala Sitharaman’s seventh budget will spotlight housing, taxation, green energy, and job creation. Key reforms anticipated in July 2024. Housing Sector: A Push for Affordable Living As Finance…
CII president Sanjiv Puri forecasts 8% economic growth for India in FY25, citing policy reforms and improved consumption, while advocating GST inclusion and land reform. CII Predicts Robust 8% Economic…
Indian household savings hit a six-year low in FY23, raising concerns about government policies as it relies on these savings for economic growth. Significant Decline in Household Savings In fiscal…
Supreme Court orders refund of stamp duty for a buyer defrauded in a property deal, emphasizing fairness over technicalities. Supreme Court’s Ruling on Stamp Duty Refund In a significant judgment,…
Finance Minister Nirmala Sitharaman, at an event, was questioned by a broker on the heavy tax burden impacting profits. The exchange left her momentarily speechless. Unexpected Query at Event Union…
News and Updates Team