[ad_1] Stock Market LIVE Updates | Nifty 50 ended the previous trade session 441.3 points away from its recent record high of 24,854.80. L&T, SBI Life, Axis Bank, JSPL, IEX, Sona BLW, Karnataka Bank, DCB Bank, are among the stocks reacting to their earnings today. Nestle India, Adani Green Energy, Canara Bank, Adani Energy Solutions, […]
Budget 2024: TDS on house rent over ₹50,000 reduced to 2% – CNBC TV18
[ad_1] Finance Minister Nirmala Sitharaman on Tuesday, July 23, announced a reduction in the Tax Deducted at Source (TDS) on house rent payments. Effective October 1, 2024, the TDS rate will decrease from 5% to 2% for monthly rent payments exceeding ₹50,000. “As per provisions of section 194-IB, any person, being an individual or a […]
Explained: Buyback and dividend will be taxed at the same rate and shareholders will have to pay – CNBC TV18
[ad_1] In the Union Budget 2024 presented on Tuesday, July 23, Finance Minister Nirmala Sitharaman proposed to bring share buybacks at par with dividends paid out of the profits of a company. A buyback is when a company repurchases its shares from existing investors. “Both dividend as well as buy-back are methods for the company […]
Budget 2024: FM Sitharaman announces hike in tax deduction for pensioners to ₹25,000 – CNBC TV18
[ad_1] Finance Minister Nirmala Sitharaman on Tuesday, July 23, announced a significant increase in the tax deduction on family pensions for pensioners. While presenting the Union Budget 2024 in the Lok Sabha, the FM noted that the tax deduction is set to rise from the current ₹15,000 to ₹25,000. The Finance Minister also revealed revisions […]