Investors under the age of 36 increasing steadily: ETMONEY report
ETMONEY's research report also found that Delhi, Mumbai and Bengaluru emerged as the top three cities in terms of investment value, while cities such as Patna, Jaipur and Lucknow also figured in the top 10 cities.
DCM Shriram Q2 results: Net profit up marginally at Rs 118.37 crore
Total income increased on a consolidated basis to Rs 2,064.61 crore in th...
Facing revenue constraints, Centre looks at PSUs for higher dividends
Official sources said PSUs with stock prices higher than the book value...
HDFC Life Q2 results: Profit rises 6% to Rs 326 crore as collections improve
"The opening up of the economy has led to a pickup in activity levels on the ground. This has also resulted in a marginal uplift in household income and spends,” Padalkar said at the earnings call.
CBDT keeps tolerance range for transfer pricing unchanged, experts surprised
The industry including multinationals were expecting some relaxation in the rules given the Covid 19 pandemic’s impact on businesses, said experts, but that has not been addressed.
CBIC offers more relaxations to small taxpayers for FY20
The requirement to file annual return in GSTR-9 by taxpayers having aggregate turnover upto Rs 2 crore has been made optional for financial year 2019-20.
Auto ancillary sector's revenue may fall 16-20% in current financial year: India Ratings
The rating agency, in a release on Tuesday, also said it has maintained a negative outlook for the auto ancillary sector for the October-March period of 2020-21.
Irdai comes out with mandatory standard life insurance covers for the first time
The policy called ‘Saral Jeevan Bima’ has been designed by the Authority as a non-linked, non-par protection policy with stipulated pay out in the event of death of the sum-assured. Insurers have been mandated to file their products by December 2020 and then market them starting 2021.
Financial transactions such as hotel bills, life, health insurance proposed to come under tax lens
In a tweet by mygov.in, which was subsequently removed, the govt has proposed to expand the list of reportable transactions to include domestic business class air travel or foreign travel, payment of property tax above Rs 20,000 per year, life insurance premium above Rs 50,000 and health insurance premium above Rs 20,000.
NHPC eyes Rs 8,900 cr revenue from operations in 2020-21
The NHPC Ltd has signed a Memorandum of Understanding (MOU) on Tuesday with the Ministry of Power, Government of India for 2020-21, a company statement said.
Power Finance Corporation eyes Rs 36,000 crore revenue in 2020-21
As per the MoU, PFC would eye an ambitious revenue target of Rs 36,000 crore along with various performance-related parameters such as operating profit as percentage of revenue from operation, PAT (profit after tax) as percentage of average net worth and non-financial parameters viz, IPDS-related parameters.
10 financial learnings from Ravana’s life
If you invest in a particular stock or buy property, but it starts going downhill, do not hesitate to sell and make good your loss. As you celebrate Dussehra, follow these financial rules that stem from various aspects of Ravana’s life, says ET Wealth.
Should you spend Rs 3 lakh to get Rs 30,000 LTA income tax sop?
Government is offering you a window where you can avoid paying Rs 30,000 without going on a , provided you spend Rs 3 lakh to purchase a car, laptop, TV set, fridge, smartphones or a combination of these items which attract over 12% GST.
Large-cap stocks will gain if the economy does well: Rajat Jain, Principal Asset Management
Large companies dominate the economy and it is not possible for the broader markets to move unless the large-cap stocks participate, Rajat Jain, CIO, Principal Asset Management, tells ET Wealth. Read the expert's take on the current situation of the market and more.
Major Gulf markets dip as financials decline
Saudi Arabia's benchmark index slipped 0.3%, with National Commercial Bank losing 1% and Samba Financial Group shedding 1.2%.