STAY CONNECTED,STAY INFORMED
The government could look at introducing a coronavirus cess or surcharge on individual tax payers – possibly only on the higher income groups – in the coming budget, says Sonu Iyer, Tax Partner and National Leader – People Advisory Services, EY India. Ms Iyer was talking to ET online about what the coming budget may […]
If the correction continues, I would like to buy into the metal stocks like Hindustan Zinc and Vedanta at lower price points, says Deven R Choksey, MD, KR Choksey Investment Managers. What is your take on the cement counter?Cement companies have started utilising their capacities at a threshold level which is above 85% capacity utilisation. […]
Tata Motors Wednesday unveiled the new Altroz iTurbo on the first anniversary of the premium hatchback. The new Altroz iTurbo will be powered by a new 1.2L Petrol iTurbo engine. Tata Motors has opened bookings for the car and said the price would be announced on January 22. You have reached your limit for free […]
The Central Board of Direct Taxes (CBDT) has said it will not grant further extensions for filing return for cases where audit reports need to be filed. The last date for filing the audit report is January 15 and for filing returns is February 15, for such cases. “All representations for further extension of the […]
The domestic mutual funds are witnessing rising redemption pressure at a time when the equity indices are trading at record levels. Their three-month rolling average of equities sold reached to Rs 71,680 crore in Dec ember 2020, the highest since the data was first made available by SEBI in 1999. It includes exposure of equity […]
Gold prices fell ₹ 108 to ₹ 48,877 per 10 gram in the national capital on Wednesday as rupee appreciation capped upside in the price of the precious metal, according to HDFC Securities. In the previous trade, the yellow metal had closed at ₹ 48,985 per 10 gram. However, silver prices rose ₹ 144 to […]
Equity mutual funds saw net outflows for the sixth straight month in December, 2020. While all the equity mutual fund categories, except a few, saw outflows in December, NFOs kept going strong. The outflows are attributed to the profit booking by mutual fund investors as the indices continue to soar. However, the new fund offers […]
A record price-to-earnings valuation for Indian shares shouldn’t act as a deterrent for investors, according to Radhika Gupta, the head of Edelweiss Asset Management Ltd. Gupta, the only female chief executive officer of a major asset manager in India, says it’s “risky to be underweight equities” at a time when local stocks remain “heavily” driven […]