The capital gain is taxed in two ways on the profits made from selling the house. If the house is sold after keeping it for two years or more, then it will be considered as long term capital gain and if sold within two years, it will be short term capital gains
Delji High Court has asked SpeiceJet to pay Kalanithi Maran Rs 380 cr; Patanjali Foods is going to dilute its stake by 6%; lenders have refused to let Go First use undrawn funds
Coal India stock available at Rs 5 discount; ICRA pegs IT sector’s FY24 revenue growth in single digits; You will be surprised when restaurant hands over the bill in your hand; Your flight tickets may get cheaper; Big blow to ICICI Bank, PNB customers
Company has a monopoly in various services related to the hospitality segment of Indian railways. As the Indian economy will grow so does the Indian railways and the growth of IRCTC is connected with it.
Most auto companies have announced an increase in prices of electric 2-wheelers as subsidy on these vehicles has seen a reduction with New FAME structure kicking in from today.
Motilal Oswal also came up with its earnings review report. It stated that despite global macro headwinds profitability of Indian companies has remained healthy in Q4FY23.
Banks are allowed to raise substantial amounts of uncollaterilsed deposits. Unlike other corporates, shareholders provide just 3-4% of funds in banks, and the predominant suppliers of finance are depositors.