The Indian stock market recently witnessed a sharp correction, particularly in the Small and Mid-cap segment or SMIDs as they are popularly called. Investors who have been riding high on the robust gains in these segments are caught off guard as prices plummeted. This market crash is due to a mix of domestic and global
Tax saving is very important to maximise your returns and grow your income without being affected by too many tax liabilities. Without efficient tax savings, it will not be easy for you to achieve your financial goals. As the current financial year nears its end, taxpayers rush to maximize deductions and minimize liabilities. Here are
British insurer Aviva’s India unit has been ordered to pay $7.5 million in back taxes and penalties after authorities found it engaged in fraudulent practices to evade taxes, according to a February 5 order reviewed by Reuters. ALSO READ70-hour work week concept is ‘bats**t crazy’, says Veeba founder Viraj Bahl Fake invoices An investigation revealed
The Income Tax Bill 2025 has introduced sweeping changes to capital gains taxation, fundamentally altering how real estate investors structure their transactions. With India’s real estate market projected to contribute 13% to the GDP by 2030, these tax reforms are poised to have significant consequences for both individual property owners and institutional investors. The revised
Taxpayers can now easily compare sections of the Income Tax Act, 1961, with corresponding clauses in the new Income Tax Bill, 2025, through an online utility provided by the tax department. The Section-to-Section mapping has been uploaded on the I-T department’s website for public access. “Kind attention Taxpayers! The utility to check section of Income
Gurugram’s real estate market has witnessed remarkable growth, driven by key infrastructure developments. Property prices have been rising steadily each quarter, driven by developments like the Dwarka Expressway and Southern Peripheral Road. These upgrades have not only enhanced connectivity but also triggered a surge in real estate activity, attracting both homebuyers seeking modern living spaces
Many employees assume that their corporate or group health insurance offers complete financial protection, but this belief can be misleading. While employer-provided medical coverage is a valuable benefit, it often comes with limitations that may leave you vulnerable to rising healthcare costs. Coverage caps, exclusions, and high out-of-pocket expenses can create unexpected financial burdens, especially
As interest rates are likely to fall, it may be a good time to lock money into top-rated corporate deposits for higher yields. Risk-averse depositors can even look at deposits of small finance banks (SFB) to earn higher returns than that offered by state-owned and major private sector banks. While interest rates of corporate deposits
Amid a global supply glut, difficult weather and falling demand worldwide, which has hit a 27-year low (as per a World Spirits Alliance report), Indian wines continue to show signs of resilience and adaptability, with insiders anticipating the market to grow by as much as 10-15% in the next 3-5 years. At the forefront of
Berkshire Hathaway chairman and CEO Warren E Buffett, in a letter to shareholders, said that the company has paid more in corporate income tax than the US government had ever received from any company or even the American tech titans that commanded market values in the trillions. Warren Buffett highlighted that the company paid $26.8
In his letter to the shareholders of Berkshire Hathaway, Warren Buffett listed the key contributors to Berkshire’s performance in 2024. This was largely due to the improvement in Treasury Bill yields, increase in earnings of insurance companies, higher share of equity investments, bargain buys in equity markets and investment in fundamentally good businesses. “Berkshire will
In a surprising move, Warren Buffett, Chairman and CEO of Berkshire Hathaway, announced a shift in the company’s longstanding facial hair and grooming policy in a statement released over the weekend. Following conversations with numerous shareholders—both former and current—Buffett revealed that the company would now allow shareholders to maintain well-groomed beards, a change that marks
One of the most interesting aspects of Warren Buffett’s letter to the Berkshire Hathaway shareholders is the stance on their investment in Japan. Berkshire will continue increasing its investments in Japan. As Buffett writes, “A small but important exception to our U.S.-based focus is our growing investment in Japan.” Outlining their long-term commitment in these