TAX BREAKS FOR INDIVIDUALS
F&O Talk | Nifty recovery faces key test at 23,000. Will bulls take control? Rahul Ghose of Hedged.in answers
The Indian market is showing signs of stabilization despite global economic concerns and FII outflows. Nifty is in a corrective phase, with a trend reversal contingent on breaking the 23,807 level. The Bank Nifty remains range-bound, and select stocks like Kotak and HDFC Bank show potential. Metal stocks, especially Tata Steel and JSW Steel, are poised for upside, driven by global factors.
Gold hits new highs in February amid weaker US dollar
Gold reached new highs in February, supported by a weaker US dollar and geopolitical uncertainties, driving a 9% year-to-date gain. Rising inflation expectations, lower interest rates, and increased geopolitical risks contributed to this performance. Investors showed strong interest, with significant gold ETF inflows.
Howard S Marks warns of less than 10% S&P returns over next 10 years, not betting on gold amid high uncertainty
We haven't had an economic-based recession since 2009. This is the longest recovery in history, if you ignore the 2020 recession. We've seen very unusual events in the last 16 years, mostly stemming from or in reaction to exogenous events. The US economy, for one, and I think that the whole world has not had a boom in that period.
Your email and social media account can be accessed by income tax officers starting financial year 2026-27 in these cases
Starting April 1, 2026, the income tax department will have the authority to access social media, emails, and other digital spaces to curb tax evasion. This has been granted to them under the new income tax bill. This will also include search and seizure powers over your assets and documents, which have raised major privacy concerns. Experts warn of challenges to fundamental privacy rights without judicial oversight and procedural safeguards.
Fact-checking Trump: What he said on tariffs, inflation, taxes, economy in Congress
Trump's address to Congress emphasized tariff plans, economic growth, and lowering egg prices amid avian flu outbreaks. His policies include hefty tariffs on goods from Mexico, Canada, and China. Context and fact-checking reveal economic impacts and inaccuracies in his statements, especially regarding inflation, crime, and trade wars.
Trump will stand before Congress and offer a divided US an accounting of his turbulent first weeks
President Trump's address to Congress will focus on his achievements and plans amid economic chaos and an ongoing trade war. He will discuss his immigration policies, Ukraine and Middle East tensions, and his efforts to reshape social issues in the U.S.
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Tax sops to individuals cost Rs 8.7 lakh crore in 5 years
Tax breaks for individuals and Hindu Undivided Families (HUF) were nearly twice the incentives the Centre has given to corporates over the past five years to 2024, Lok Sabha data showed.
US government vows to extend tax act set to expire this year; here’s how you can be impacted
Among some of the major changes introduced by the Tax Cuts and Jobs Act (TCJA) was the offer of double standard deductions. If the act is not extended, the standard deduction will go back to the levels before the implementation of TCJA - i.e. nearly half of what they are now.
The economic potential of cryptocurrencies in India's $7 trillion vision
India's cryptocurrency market is expanding rapidly, driven by financial inclusion and digital innovation. However, regulatory uncertainty and high taxes hinder growth. Clear policies, education, and supportive regulations can unlock crypto’s economic potential, fostering blockchain adoption and financial efficiency.
Money gaming companies flout rules, fish for more time
Real money gaming companies are struggling to comply with new Tamil Nadu regulations prohibiting minors and imposing 'blank hours.' They face technical challenges in swiftly implementing these laws. Some firms seek more time or are considering legal action, while potential criminal liability looms for non-compliance.
Clean energy was lifting manufacturing. Now investment is in jeopardy
U.S. manufacturing is seeing significant investments in clean energy and semiconductor plants.
It's politics (not economics), stupid!
The Washington Consensus, a policy framework promoting free markets and globalisation, is losing its influence after four decades of success. The shifts in US politics, particularly influenced by the Midwest working class, have led to a move away from these principles, despite their proven benefits.
Trump signs order to study how to expand IVF, calls for 'radical transparency' from government
President Trump signed executive orders aimed at making in vitro fertilisation more accessible and cost-effective, and mandating transparency in government spending. Additionally, Trump praised Tesla CEO Elon Musk's role in overseeing the Department of Government Efficiency to reduce wasteful expenditure in the federal budget.
Swasth Foodtech India IPO opens on Thursday. Co sets issue price at Rs 94 per share
Swasth Foodtech IPO: Swasth Foodtech India’s ₹14.92 crore IPO opens on February 20, priced at ₹94 per share. The rice bran oil processor plans to use proceeds for facility expansion, working capital, and corporate expenses, with shares listing on the BSE SME platform.
Mayawati has 'strangled social movement': Udit Raj
Former Lok Sabha MP Udit Raj has accused BSP chief Mayawati of strangling the Bahujan social movement and has called for political action against her. He stated that her actions have harmed the cause of social justice and criticized her leadership's impact on party workers and supporters.
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of more than 25%
Do you think rationality goes out of the window only when the bulls are rampant and stocks of bankrupt companies quote at valuations of over half-a-billion dollars? Think again. In bearish phases like the one we are witnessing today, the same thing happens. Stocks get punished for no logical reason. Consider what the street did to pharma stocks last week just because it heard the words “reciprocal tax”. It feared the US would impose reciprocal tariff on pharma products, little realising that our pharma exports are at the core of keeping healthcare costs low in the US. No administration would want to push costs higher. In extreme times, stock prices make us believe street narratives and ignore reality.
Republicans face a crucial crossroad: Can $4.5 trillion in tax cuts fulfill Trump's promises, balance spending, and secure long-term economic growth?
Republicans tax cuts are at a crucial turning point, with a $4.5 trillion limit hanging over the House’s tax plan. Can the Republicans meet President Trump’s promises while balancing tax relief and spending cuts? The focus is on extending expiring tax provisions, including a bigger standard deduction and child tax credits, costing trillions. However, there’s limited room to meet all of Trump’s tax ideas, such as tax cuts for overtime pay, Social Security, and business incentives. Republicans must also decide whether to permanently extend tax cuts or go for short-term relief, all while staying within the $4.5 trillion limit.
Pharma stocks lead D-St sell-off; Sensex sheds 200 pts, Nifty below 23,000
Stock Market Highlights: Indian benchmark indices extended their losses on Friday, with all 13 major sectors ending in the red, as investors worried about the impact of U.S. President Donald Trump's proposed reciprocal tariffs. Pharma stocks, heavily reliant on U.S. revenue, faced the sharpest declines.
80% of over Rs 1,000 cr mcap stocks are down 20%: Is it time to buy midcaps?
While headline indices indicate a moderate decline, a closer look at market breadth reveals a sharper correction. The Nifty 500, covering a broader stock spectrum beyond the large-cap-heavy Nifty 50, has significantly underperformed. Mid- and small-cap portfolios have been hit the hardest, reflecting the depth of the downturn beyond what index movements suggest.
We're pretty much done with cost optimisation: Zee CEO
The Securities Appellate Tribunal (SAT) order was crystal clear on every allegation made. The Sebi, of course, has the right to investigate, and they should. I fully stand by the law of the land and will comply with whatever the regulator ultimately decides.
These 8 salary perks can save income tax up to Rs 1.35 lakh in old tax regime after Budget 2025
Tax laws offer plenty of room to reduce the liability of the individual through careful structuring of salary, says Sudhir Kaushik.
LIC shares in focus after Q3 PAT jumps 15% YoY to Rs 11,009 crore
The net premium income for Q3FY25 was Rs 1,07,302 crore, a decrease of 9% compared to Rs 1,17,432 crore in the same quarter of the previous financial year.
LIC Q3 Results: Cons PAT jumps 16% YoY to Rs 11,009 crore, net premium income down 9%
LIC Q3 Results: Net premium income for Q3FY25 stood at Rs 1,07,302 crore, down 9% YoY from Rs 1,17,432 crore and 11% QoQ from Rs 1,20,326 crore in Q2FY25. Despite this, profit after tax surged 42% sequentially from Rs 7,729 crore in the previous quarter. The state insurer’s financials reflect strong profitability despite a decline in premium income.
ONDC postpones network charges implementation
ONDC had first announced on December 3, 2024, that it would levy a network fee of Rs 1.5 excluding taxes on seller apps for every successful transaction where the total transaction value exceeds Rs 250 after discounts and taxes. It had told network participants in an email that the fee had been carefully calibrated to sustain the infrastructure and critical network services.
UK pensioners face threat as Rachel Reeves considers reducing tax benefits
Rachel Reeves is believed to be under pressure to cut tax relief on cash ISAs. Pensioners, who rely on this saving option, have been warned to expect a “greater shock”. Experts have said that this change could have a negative impact on them. Many pensioners prefer the security of cash ISAs, as they are a safer way to save money.
Will you pay Rs 61,500 as income tax on Rs 12.10 lakh income? Know how marginal relief comes into play
Marginal tax relief for Rs 12 lakh: Individuals having taxable income of Rs 12 lakh will not required to pay any tax from FY 2025-26. However, there can be taxpayers whose taxable income exceeds Rs 12 lakh, even after claiming all the eligible deductions. Will they have to pay higher tax?
'India is now effectively tax-free': Shaadi.com's founder and Shark Tank judge Anupam Mittal explains why
Anupam Mittal claims India is almost tax-free after significant income tax cuts in the latest budget. Finance Minister Nirmala Sitharaman announced that individuals earning up to Rs 12 lakh annually will not pay any taxes, benefiting around 6.3 crore taxpayers. Tax rebates and revised slabs will save taxpayers up to Rs 1.1 lakh, reducing the middle-class tax burden.
Direct, indirect taxes comprise 66 paise of every rupee in govt coffer: Budget documents
For the fiscal year 2025-26, the Indian government projects that 66 paise of every rupee will come from taxes, with 39 paise from direct taxes and 18 paise from GST. Borrowings will contribute 24 paise. Expenditures include 20 paise for interest payments, 22 paise for states' share of taxes, and 16 paise for central sector schemes.
Has Standard Deduction of Rs 75,000 from salary, pension income increased in Budget 2025?
There were rumours that the government might hike the amount of standard deduction available to give tax relief to the middle class. However, hopes of the middle class have been dashed.
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