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Man sells ancestral land for Rs 8 cr, claims LTCG exemption; gets notice with Rs 6.36 cr additions

In the tax return that he filed, the man declared LTCG of Rs 7.73 crore after accounting for certain expenses. He claimed tax exemptions of Rs 2.64 crore under Section 54F, which relates to residential property, and Section 54B, applicable to agricultural property. However, the Assessing Officer (AO) was not satisfied…

Why is stock market up today? Top 3 factors behind the rally in Sensex, Nifty today

The Sensex rose more than 600 points, or nearly 1%, to an intraday high of 72,540, while the NSE counterpart also climbed by nearly 1% to the day's high of 22,602.

Why is market rising today? Sensex rallies 700 points, Nifty above 22,600. 6 key factors driving rebound

After a long slump, the Indian stock market is experiencing a refreshing surge, with both Sensex and Nifty indices showcasing notable increases. The recent leadership transition at HDFC Bank has invigorated investor trust and market dynamics. With oil prices dropping and inflation worries easing, combined with a…

No classes in 500 schools: Why students in France are protesting

In response to escalating student protests regarding education quality, France is set to close up to 500 high schools. Students are advocating for enhanced teaching staff and better resources to combat overcrowding and failing infrastructures. The unrest has led to significant clashes between police and demonstrators,…

Stock market today: Sensex up 472 points, Nifty Bank up 263 points; HDFC Bank, RIL, ITC, Bajaj Finance shares gain

Stock market Opening Bell Today: The BSE Sensex gained 472 points, while the Bank Nifty index extended its morning gains and finished 263 points higher

SEBI’s investor awareness campaign grabs investors’ attention | Here's social media post by BSE, NSE, MCX, CDSL & NSDL

The teaser campaign played out through a series of conversational quote-posts on X, featuring the Association of Mutual Funds in India (AMFI), major stock exchanges, depositories and investor education institutions.

Markets end in green; Sensex gains 473 points, Nifty rises 134

Stock market today: BSE Sensex jumps 600 points, NSE Nifty50 trades above 22,550 mark

Iran war news LIVE Updates: Three killed in attack on military vehicles in southeastern Iran, rights group says

Iran war news LIVE Updates: Iranian Foreign Minister Abbas Araghchi warned, “If the enemies once again choose the path of military confrontation and war, Iran’s response will be much stronger and more decisive than in the past.”

EY India chief seeks easier GST refunds, tax credits

EY India chairman Rajiv Memani emphasized the importance of expediting GST refunds and addressing input tax credit issues. He suggested allowing companies to claim expenses related to travel and insurance as eligible credits. Memani highlighted the successful impact of recent GST reforms on India's economic growth. He…

'Look Out Circular' against parents of man who secretly took away child to US

The Supreme Court has indicated consequences for parents of a man who abducted his daughter to the US. This decision came during a case regarding child custody between NRI couples. The father has been ordered to return to India with the child within four weeks. If he fails to comply, his parents will face legal…

China says 'divergent opinions' contributed to lack of G20 consensus

The draft called on all countries to move to eliminate structural excess capacity in their economies, among other actions