ITAT Surat ruling: Retired employee wins leave encashment tax dispute over ₹8.02 lakh exemption claim
The ruling highlights the importance of following due process before the tax authorities modify an already processed income tax return
The ruling highlights the importance of following due process before the tax authorities modify an already processed income tax return
India’s bond market is entering a new phase with the introduction of tokenized bonds, a digital system designed to make bond issuance, trading and settlement faster. Unlike traditional bonds, which rely on multiple intermediaries to complete transactions, tokenized bonds use blockchain-based technology to record ownership and settle payments. The new system has already seen its…
State-owned banks offer higher returns on special-tenure fixed deposits (FD), outperforming standard term deposits. Among these, the 444-day FD scheme is a popular pick for general citizens seeking higher yields over a 14.5-month horizon. Here is how the top public sector undertaking (PSU) banks stack up for a ₹5 lakh investment based on current interest…
MUMBAI: Lovable Lingerie is the third-best performing stock among companies listed this year, with it doubling in value, as traders bet it could repeat the performance of Page Industries, sellers of Jockey innerwear. It gained a third in about a week. But the small float and low delivery volumes is an alert against wagering on…
Largecap stocks are usually seen as safer long-term bets in a volatile market. But even in the Nifty, safety has not always meant returns. According to ACE Equity data, six Nifty stocks have delivered negative returns over the last five years. The list includes Tata Consultancy Services, Infosys, Hindustan Unilever, HDFC Life Insurance, Asian Paints…
A total of 20 IPOs are on investors’ radar next week, including fresh issues and upcoming listings across the mainboard and SME segments. Symbiotec Pharmalab, Tempsens Instruments, Lumino Industries and Kwick Forensic Solutions command the highest grey market premiums, with implied listing gains ranging from 107% to 56.7%.
Mutual funds allow you to invest in a basket of stocks, but IPO-focused mutual funds offer a way to participate in the IPO segment. As this category is still at a nascent stage, how exactly do these funds work? Examples include Edelweiss Recently Listed IPO Fund and Mirae Asset BSE Select IPO ETF FoF. While…