The NRI woman declared an income of Rs 43,796 for the assessment year 2020-21. (Image for representative purpose only) You file your income tax return but end up under-reporting your income. But, the Income Tax Department treats it as mis-reporting of income and imposes a heavy penalty on you. What happens then?This is the case…
The $2.3 billion offering is among the largest IPOs in India. NSE IPO subscription status today: The National Stock Exchange of India’s Rs 225.69 billion ($2.3 billion) IPO received subscription of 42% on Thursday, the first day of bidding, indicating a somewhat muted opening for one of the country’s most closely watched offerings.Investors bid for…
This is an AI-generated image, used for representational purposes only India, Russia and China on Thursday reacted to a sweeping US sanctions bill that gives President Donald Trump the authority to impose tariffs of up to 100 per cent on countries including India and China over purchases of Russian oil and gas.The US House of…
The biggest impact is likely to be on employees whose PF wages fall between Rs 15,000 and Rs 25,000 per month. For many employees, provident fund (PF) is a deduction they notice on their salary slip every month but rarely think about until they change jobs, need funds for an emergency or start planning for…
The three-day issue will remain open until September 21. (Image for representative purpose only) NSE IPO: SEBI Chairman Tuhin Kanta Pandey said on Thursday that the regulator has not received any proposal from the National Stock Exchange (NSE) seeking permission to trade on its own platform after its listing.“No, there is no such letter, and…
File photo: N Chandrasekaran The Tata Sons board has approved a fresh five-year term for N Chandrasekaran as executive chairman of the Tata Group, reversing his decision last month not to seek reappointment, according to sources cited by Reuters and news agency ANI.The reappointment was approved at a Tata Sons board meeting held in Mumbai…
With momentum staying on the negative side, gold looks well-placed to extend its corrective move through the sessions ahead. Gold and silver price prediction today: Both gold and silver prices are expected to remain under pressure in the coming days, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. Below is his…
The public offering is a major step for NSE after its plans to list on the stock exchanges remained stuck. (Image for representative purpose only) NSE IPO: The Initial Public Offering (IPO) of National Stock Exchange of India (NSE), the country’s largest stock exchange by total turnover across the cash market and equity derivatives segments,…
Shares of industrial gas producer Steamhouse India made a strong market debut on Thursday, listing at Rs 93 on the BSE, a 14.81 per cent premium over the IPO issue price of Rs 81. On the NSE, the stock opened at Rs 94.50, marking a 16.66 per cent premium. The company’s market valuation stood at…
Jewellers will now have to pay Rs 75 for hallmarking each gold article, with a minimum charge of Rs 200 for every consignment. Ahead of the festive season, the price of hallmarking gold articles has been raised by the Bureau of Indian Standards (BIS). Earlier gold hallmarking cost was at Rs 45. Now it has…
