24/7 News Daily
As the Union Budget approaches, expectations are growing that the government may extend personal tax relief. According to sources, to boost consumption and accelerate economic recovery, the government is actively considering personal income tax breaks, which could be unveiled in the Budget for 2025. “The proposed changes aim to boost disposable income and enhance spending…
Are you looking for a credit card and decided to opt for an SBI Card? If you have got an approval from the card issuer, the card will be sent to you through mail at your address. And in case you have already received the SBI card, which is blocked for security reasons, you must first of…
Bitcoin investors must navigate a complex tax landscape, including understanding taxable vs. non-taxable transactions, key regulations by jurisdiction and ways to stay compliant.
In a significant push to enhance the global usage of the Indian Rupee (INR) and local currencies for cross-border transactions, the Reserve Bank of India (RBI) has liberalised key regulations under the Foreign Exchange Management Act (FEMA), 1999. Company Value Change %Change These reforms are designed to strengthen India’s trade and investment framework, reduce reliance…
Mutual funds have come a long way; the numbers speak for themselves. systematic investment plans, or SIPs, have quadrupled in the last eight years, and monthly inflows in December 2024 crossed ₹26,000 crore for the first time. All the buzz around equities and markets continuously performing well has attracted new investors to mutual funds. Among…
WazirX’s restructuring plan, approved by the Singapore High Court, paves the way for restoring user funds stolen in a $235 million hack linked to North Korea’s Lazarus Group.
Tamil Nadu could see investor interest from West Asia and Europe at the upcoming World Economic Forum in Davos. A government delegation from the state led by industries minister, TRB Rajaa, is expected to meet potential partners and converse with global leadership teams across multiple sectors. Company Value Change %Change While the delegation has scheduled…
For most Indians, succession planning for assets like government small savings schemes (SSS), provident funds, insurance policies, bank deposits, and securities feels assured through nomination. Yet, under the Indian Succession Act, 1925, and relevant personal succession laws, a nominee is deemed merely a trustee. The nominee’s legal role is limited to collecting the deceased’s assets…
Lawsuits say DOGE violates the Federal Advisory Committee Act, obliging committees to uphold transparency.
The latest Economic Outlook Survey by the Federation of Indian Chambers of Commerce & Industry (FICCI) has projected India’s GDP to grow at 6.4% in the financial year 2024-25. This marks a slowdown from the 7% forecast made in September 2024 and the 8.2% growth recorded in 2023-24. Company Value Change %Change The survey, conducted…