In its pre-Budget memorandum submitted to the Finance Ministry, ASSOCHAM has advocated for the rationalization of TDS rates, proposing a uniform rate of either 1% or 2% for all payments made to resident assessees. This initiative aims to mitigate litigation arising from interpretational discrepancies and to facilitate smoother tax compliance. The presentation also recommended the
Birla Opus Paints, a division of Grasim Industries Ltd on Tuesday announced the unveiling of its fourth plant at Chamarajnagar, Mysore. The fully automated, integrated paint plant, unveiled by Chairman of the Aditya Birla Group, Kumar Mangalam Birla, commenced its commercial production today and will raise the company’s manufacturing capacity to 866 MLPA (Million Litres
Indian equity markets to remain shut on Wednesday, November 20 on account of Assembly Elections in Maharashtra. The trading will not take place on NSE, BSE, and MCX for the segments including equities, futures and options, commodities, commodity derivatives, securities lending & borrowing, etc. However, trading will resume on MCX for the evening session from
Jharkhand Exit Polls Result 2024: As Jharkhand gears up for the second and final phase of its assembly elections on November 20, 2024, the spotlight is already turning to the much-anticipated exit poll results. With 38 seats left to vote in the 81-member assembly, these exit polls will provide the first glimpse into the political
Jharkhand Exit Poll Result 2024 Date time: The 81-member Jharkhand Assembly is set to vote on November 20 for its remaining 38 seats in the second and final phase of the state’s assembly elections. As the voting concludes, all eyes will turn to the much-anticipated exit poll results, which will be released soon after the
Maharashtra Exit Poll Result 2024 Date Time: As soon as Maharashtra Assembly elections ends at 6 PM on November 20, 2024, all eyes will be on the exit polls that will provide an early indication of the electoral trends and the likely outcome. Voting for the Maharashtra Elections will begin at 7 AM and end
The Apache RTR 160 4V is easily one of the highest-selling models in the 150-160cc segment. TVS has now launched an updated iteration of the Apache RTR 160 4V at a price of Rs 1.40 lakh (ex-showroom). In its latest avatar, the Apache RTR 4V gets minor cosmetic updates and a mechanical upgrade. The latest
Royal Enfield has its plate full with plenty of new models lined up for launch in the coming weeks. The company recently unveiled the Interceptor Bear 650 and the Classic 650 at EICMA 2024, with the former already on sale in the market since earlier this month. However, the Chennai-based bikemaker is yet to reveal
Since the Securities and Exchange Board of India (SEBI) permitted the launch of silver Exchange-Traded Funds (ETFs) in November 2021, these funds have witnessed remarkable growth. By January 2025, the total Assets Under Management (AUM) for silver ETFs surpassed Rs 13,500 crore, with over six lakh investor folios. As of that date, there are 12
The China Securities Regulatory Commission (CSRC) has suggested implementing salary reductions of up to 50% for fund managers whose investment products either incur losses or fail to meet benchmarks by 10% or more. This initiative, announced on March 14, 2025, is part of efforts to reform China’s $4.6 trillion mutual fund sector in light of
The Central Pension Accounting Office (CPAO) has issued new guidelines to ensure timely pension to retired employees of the National Pension System (NPS). In an Office Memorandum (OM) issued on March 12, 2025, the CPAO has reminded the concerned officials that NPS pension cases should be processed in the same manner as the Old Pension
Securing your children’s financial future is one of the most important responsibilities of a parent. From education and marriage to other key life expenses, your growing children will need financial support at different stages. To ensure they have the necessary funds when required, it’s essential to diversify your investments across different schemes. In India, several
India witnessed a record-breaking surge in deal activity in February, with 226 M&A and private equity deals totaling USD 7.2 billion — the highest monthly deal volume in the last three years, according to the Dealtracker report of Grant Thornton Bharat. “This represents a 67 per cent increase in volumes and a 5.4-fold increase in
