Tax audit extension: The Central Board of Direct Taxes (CBDT) has extended the due date for submitting income tax audit reports for the Assessment Year 2024-25 by seven days to October 7, 2024, citing technical issues on the e-filing portal. CBDT announced the deadline extension on September 29, a day before the original deadline of…
The Congress on Monday (September 30, 2024) dismissed as “half-truths” the government’s assertions of creating eight crore employment opportunities between 2021 and 2024 and 6.2 crore net subscribers joining the EPFO database, and said no “spin-doctoring” can take away from the fact that 2014-24 has seen “jobless growth”. Congress General Secretary in-charge communications Jairam Ramesh…
Eraaya Lifespaces Limited announced a major restructuring following its acquisition of Ebix, Inc. The company unveiled today several key changes to its leadership and operations. The shares of Eraaya Lifespaces Limited were trading at ₹2635.65 up by ₹125.50 or 5 per cent on the BSE today at 11.25 am. The most significant development is the…
If you are planning to procure a credit card and are too overwhelmed with the countless number of calls and messages from the banks claiming that the card is free of charge — then you need to think again. The credit card could be free at the outset, but it is likely to levy an annual…
Markets were dragged by decline in frontline stocks like ICICI Bank and Reliance Industries. File. | Photo Credit: PTI Benchmark indices declined in early trade on Monday (September 30, 2024) amid foreign fund outflows and a largely weak Asian markets where the Japan’s Nikkei index tanked nearly 5%. Markets were also dragged by decline in…
Max Estates Limited has reported pre-sales bookings of approximately ₹4,100 crore for its first residential development in Gurugram, Estate 360, within 30 days of its launch. The company announced today that it has revised its Gross Development Value (GDV) guidance for the project from ₹4,000 crore to ₹4,800 crore for FY25. The shares of Max…
If you are staring at an urgent financial need at present, or have something urgent lined up in the near future, what you can do – among other things – is to raise a ‘personal loan’. For the uninitiated, a personal loan is an unsecured loan offered by a financial institution i.e., a bank, an…
Amid concerns of rising investor trading in the F&O segment, the new securities transaction tax (STT) levied on sale of futures and options contracts will kick in from October 1. Experts say that this could rein in excessive speculative F&O trading. STT on sale of options will increase from 0.0625 per cent to 0.1 per…
Domestic markets are expected to open flat on Monday amid mixed global cues. Gift Nifty 26,310 signals a flat to negative opening for Nifty, as analysts see some moderation in the bull run. Geopolitical tension in West Asia will keep global market nervous said analysts. Japan’s Nikkei slumped over 4 per cent (amid rate hike…
Leading stock exchanges BSE and NSE on Friday revised their transaction fees for cash and futures and options trades after markets regulator Sebi mandated a uniform flat fee structure for all members of market infrastructure institutions. The revised rates will be applicable from October 1, the exchanges said in separate circulars. BSE has revised the…
