For families with ancestral property, investments or a family business, a Hindu Undivided Family (HUF) can offer a separate pool of income and a separate tax return, making it useful for tax planning. But for salaried taxpayers looking to move a part of their salary into an HUF to reduce tax outgo, the structure has limits.
The combined market valuation of five of the top-10 most valued firms jumped Rs 1.54 lakh crore last week, with IT major TCS emerging as the biggest winner, in line with a positive trend in equities. Last week, the BSE benchmark Sensex climbed 582.06 points, or 0.75 per cent, and the NSE Nifty went up…
InCred Equities has a target price of Rs 1,650 on Aavas Financiers, indicating a potential upside of 9.6% from its current market price of Rs 1,505. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
The London Stock Exchange has unveiled plans to launch a night-time trading site in the first half of 2027, the Financial Times reported on Monday, citing the company. LSE’s new exchange will operate separately from LSE’s main market, and initially offer access to exchange-traded products such as funds tracking the UK or U.S. stock market,…
The 8th pay commission is in the discussion phase before it releases its official recommendations on pay hikes, allowances, salary structure, and more. Constituted once a decade, it is expected to make significant decisions impacting pay for central government employees and pensioners. Around 1 crore beneficiaries — nearly 50 lakh central government employees and close…
Shares of all four recently-demerged Vedanta Group stocks recorded sharp gains on Friday, with Vedanta Iron and Steel shares jumping 5% to hit the upper circuit, and Vedanta Oil and Gas shares surging more than 6%. Vedanta Iron and Steel shares snapped a five-session losing streak, which began after the stock surged 113% in just…
The artificial intelligence boom is no longer the exclusive domain of global technology giants. In India, it has created an unlikely set of stock market winners: optical fibre manufacturers. No company has captured investor attention quite like Vedanta-backed (0.98% stake) Sterlite Technologies. The stock soared an astonishing 400% in 2026, making it one of the…