The Central Board of Direct Taxes (CBDT) recently issued an important clarification on the concept of Tax Deducted at Source (TDS) for bank interest. The CBDT issued the clarification ahead…
Author: Admin
Oil steadies, Asian stocks mostly lower on mixed signs on Iran
Oil steadied and Asian stocks were mostly lower Tuesday as signs of a de-escalation of the Iran war remained mixed. Tokyo’s Nikkei 225 was down 1.6 per cent to 51,063.72.…
Electronics retailer Sathya Agencies files DRHP for ₹600 crore IPO
Sathya Agencies, a Tamil Nadu-based consumer durables and electronics retailer, has filed its Draft Red Herring Prospectus (DRHP) with the SEBI to raise up to ₹600 crore through an Initial…
Global investors flee gold ETFs in March
For every dollar inflow in physically-backed gold exchange-traded funds (ETFs) in March, there was an outflow of $2.3, according to data from the World Gold Council (WGC). While investments in…
Mint Explainer: What income tax changes will kick in from 1 April?
A simpler income tax law will come into force from 1 April, along with other changes announced in this year’s Budget including higher benefit of deductions for salaried tax payers…
Final call for taxpayers: 5 easy ways to reduce your tax before March 31 ends
The clock is ticking, and for many taxpayers, March 31 is more than just another date on the calendar. It is the last chance to take action and reduce this…
Patni Family Office stake surpasses 5% in UGRO Capital
The Patni Family Office, one of India’s most active multi-generational investment groups, has built a 5% stake in , an MSME-focused data-tech lender. A regulatory filing on Friday, March 27,…
US gasoline crosses $4 a gallon amid Iran war, highest since 2022
Gasoline prices in the United States have crossed $4 per gallon for the first time in more than three years, as the markets, reported news agency Reuters. Data from price…
South Korea hit by steepest stocks selloff since 2008, currency tumbles
Highlights KOSPI down 19.9% from record closing high Won weakens past 1,500 Foreign selling in March heaviest on record South Korean markets buckled on Tuesday, with shares sliding toward their…
Small-cap AI stock to be in focus on Wednesday; here’s why
Small-cap AI stock Blue Cloud Softech Solutions will likely hog the limelight in trade on Wednesday, April 1, after the company announced new purchase orders from Hyderabad City Police. On…