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Property Tax
The government has argued that despite the removal of indexation, the overall tax burden on property sales would decrease due to the lowered LTCG tax
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Silver Shines, Powered by Sun
High conductivity makes it the darling of sunrise sectors like electronics, solar and electric vehicle industry. Add a pinch of geopolitical tensions,
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Govt imposes stock limit on wheat
Single retailers, big-chain retailers, processors and wholesalers will have to disclose wheat stocks every Friday
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Fitch raises India’s growth forecast to 7.2%
The estimates are in line with that of RBI which earlier this month projected Indian economy to expand 7.2 per cent in the current fiscal on the back
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Retail inflation in May at 12-month low
Retail inflation has reached a 12-month low but food inflation still remains a concern
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India to grow 6.7% in next three years: World Bank
Global growth, on the other hand, is projected to hold steady at 2.6 per cent in 2024 before edging up to an average of 2.7 per cent in 2025-26
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RBI keeps rates unchanged
There were signs of a more divided policy committee with two members voting for a softening in stance as well as policy direction
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GDP growth for 2023-24 comes in at 8.2%
Growth in the January-March period was lower than the 8.6 per cent expansion in the December quarter
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Economy to grow at 7% this year: RBI
RBI's balance sheet size surged 11.08 per cent to Rs 70.48 lakh crore as of March 31, 2024
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Use this index to save taxes on your profit!
Cost Inflation Index is used to calculate the real profit from sale of a capital asset like property, gold, unlisted shares by adjusting to inflation
