The Central Board of Direct Taxes (CBDT) has notified two income tax return (ITR) forms for AY20-21 (FY19-20). Forms ITR-1 (Sahaj) and ITR-4 (Sugam) – the simplest of the lot – were notified recently. Usually, the Income-tax department notifies the ITR forms in the first week of April but it has been done earlier this …
Disclosures in the new income tax return (ITR) forms for AY 20-21 Read More »
The start of a new year is generally a good time to make some solid resolutions to manage your finances. While you need not take any giant leaps, you must start 2020 with some simple financial steps to manage your money well. These go a long way to inculcate financial discipline in your life & …
Stock market Index- NIFTY/SENSEX sustained at significantly high levels, though the broader markets remain subdued. Markets have largely remained range bound over the last month but the euphoria seen in the index levels do not reflect in stocks beyond the top 10-15 stocks. Liquidity remains strong as seen from the oversubscription in IPOs over the …
Aegis Logistics Ltd (Aegis) is a leader in oil and gas logistics. The services provided by the company include sourcing of product, storage and port operations, arranging road and pipeline movement, shipping, and integrated supply chain management. The Company also charges its customers for using various other facilities like jetty operations, loading and unloading. Aegis …
Affle(India) Ltd (Affle), founded in 2006, is an ad tech company that helps advertisers drive user acquisition, improve engagement and increase the frequency of transactions through mobile advertising using its proprietary consumer platform. Key investors include Microsoft, D2C, Itochu, Bennett Coleman & Co. Ltd. & Centurion. Affle launched its IPO end of July & got …
While the retail inflation as measured by the Consumer Price Index (CPI) touched a 16 month high at 4.62% in October, the wholesale price inflation measured by the Wholesale Price Index (WPI) declined to a 40 month low of 0.16%, at the verge of entering the negative territory. The gap between the two is currently the widest in two …
Why gap between WPI and CPI based inflation is digressing Read More »
Stock market Index- NIFTY/SENSEX hit all-time highs over the last month, though the broader markets remain significantly lower. Sensex moved above 40,000 while NIFTY scaled above 12,000 levels partly driven by strong FII flows. September quarter results have been declared over the last month & profits have mostly been on the higher side driven by …
Taxpayers are entitled to claim a tax refund if, during the year, excess tax has been deducted from your income. This may happen if there are multiple incomes. But, you have to apply for a refund while filing your ITR for a particular financial year. Have you filed your income tax return (ITR) for the …
I hope that the new SAMVAT, 2076 turns out to be a very prosperous year for all of us and keeps the market momentum going The festival of lights “Deepavali” will mark the beginning of the trading new year-SAMVAT 2076, with the auspicious Muhurat trading session scheduled to be conducted on 27th October 2019 from …
SAMVAT 2076-Looking for light at the end of the tunnel Read More »
Stock markets have been largely range bound over the last month, though the broader markets have continued with its subdued performance largely due to consistent selling by FPIs. The government has taken several measures to boost the economy, such as corporate tax rate cuts & roll back of tax surcharge, but it has failed to …
Will the festive season bring some cheer to stock markets? Read More »