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Showing posts with the label Economy

Nirmala Sitharaman's announced on cryptocurrency tax that why the government has imposed 30% cryptocurrency + 1% TDS

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Cryptocurrency Tax: Finance Minister Nirmala Sitharaman's announcement on 30% crypto tax in India + 1% TDs on crypto transfers. Finance Minister Nirmala Sitharaman said today (April 19, 2022) that the taxation of income from cryptocurrencies and other virtual digital assets should be seen as a step towards legitimizing it. Rather, it is a way of checking the source and track, but not legitimizing it, the finance minister said. "We did not say it was currency. We did not say it had intrinsic value, but certain activities are taxable for the sovereign and that is why we taxed," the news agency PTI quoted Sitharaman as saying during a high-level panel discussion organized by the International Monetary Fund (IMF).). "We did announce that on the income generated from the transactions of these crypto assets will be taxed at 30 percent and on top of that, there is a 1 percent tax deduction at the source that is also levied on each transaction. That way we will be able to kn

Budget 2022 Live Updates: No changes in Income Tax, big push for capex

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Budget 2022 India Live Updates , FM Nirmala Sitharaman Speech Live Updates: The country is expected to grow by 9.27% ​​in the coming year, said Finance Minister Nirmala Sitharaman. Budget 2022 India Live Updates Live updates for budget 2022 : Finance Minister Nirmala Sitharaman said during the presentation of the Union budget that the country is expected to grow by 9.27 percent in the coming year. With a focus on four pillars of development - including development, productivity improvement, energy transition and climate action - the budget gives a blueprint of India's economy at 75 to India at 100, Sitharaman said. The budget estimates the central government's effective capital expenditure at Rs 10.68 lakh crore in 2022-2023, which represents about 4.1 percent of GDP. The gross GST collections for the month of January 2022 are Rs 1,40,986 crore - the highest since the start of the tax in 2017 - the Minister of Finance said. In a major push for digital currency, Sitharaman has s

RBI Monetary Policy Date 2022 Time Todays Meeting Live Updates

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RBI Monetary Policy Time Date and Live Meeting Updates : The Reserve Bank of India, or RBI, will most likely announce major decisions taken at its monetary policy meeting on Thursday, February 10th. It is generally expected that the central bank will increase the reverse repo rates after a gap of almost two years. The RBI decided at its last biennial meeting to keep interest rates unchanged at record lows given the rise of the Omicron variant of COVID-19, which caused the third wave in India. Contents RBI Monetary Policy Date 2022 Time The RBI's MPC meeting started a day ago on Tuesday, instead of Monday, due to the death of the iconic singer Lata Mangeshkar, designating the Maharashtra government a day of mourning. While common people speculate that repo rates will remain unchanged, experts expect the central bank to increase the reverse repo rate to normalize liquidity. However, if it holds the repo rate, it will be the tenth draw that the Reserv

AGS Transact Technologies IPO GMP Today, Lot Size, Share Price, Allotment Date

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AGS Transact Technologies IPO GMP Today, Lot Size, Share Price, Allotment Date will be discussed here. AGS Transact Technologies Ltd is a prominent provider of omnichannel payment solutions in India. It is India's second largest firm in terms of revenue from ATM managed services and the country's largest developer of POS terminals at filling stations. AGS Transact Technologies GMP will be updated daily. Contents AGS Transact Technologies IPO GMP Also included is all information about the AGS Transact Technologies IPO, such as the price band, all dates, issue size and retail components, among others. The following section contains all relevant information regarding AGS Transact Technologies' first public offering. In terms of offering digital and cash-based solutions to banks and corporate clients, AGS Transact Technologies is one of India's leading comprehensive omnichannel payment solution providers. ATM and CRM outsourcing, cash management and di

CBIC Date Extension Notification for GST

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CBIC Date Extension Notification for GST will be discussed here. Central Board of Indirect Taxes and Customs said the deadline for submitting the annual return in form GSTR-9 and the self-certified reconciliation statement in form GSTR-9C has been extended from the end of December to the end of February. Table of Contents 1 CBIC Date Extension Notification for GST 2022 2 cbic date extension notification gstr 9 3 cbic due date extension notification 4 cbic gst date extension notification 2021 CBIC Date Extension Notification for GST 2022 New Delhi: The government has extended the deadline for filing GST annual returns and a reconciliation statement for FY21 by two months, according to an official order. cbic date extension notification gstr 9 Central Board of Indirect Taxes and Customs (CBIC) said in the order that the deadline for submitting the annual return in form GSTR-9 and the self-certified reconciliation statement in form GSTR-9C has been extended from the end of December to

Spice Money B2B Agent Login 2021, AEPS Agent Portal Details

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Spice Money B2B Agent Login 2021, AEPS Agent Portal Details process and new registration details are discussed in detail on this page. Nowadays, Spice Money is becoming very popular among its facilities. Spice Money has become quite famous due to the ratings given by agents and its users. As a result of the services provided by Spice Money , the distance between regular sellers and users has diminished. This business has provided many sari online services to its customers, including banking services. With its help, you can log in to a Spice account from your phone and fill in your accounts. This protects your privacy. Table of Contents 1 Spice Money Login 2021 1.1 Spice Money Services 1.2 B2B Spice Subscription 1.3 Spice Money Agent Login 1.4 Spice Money AEPS 1.5 How to sign up for spices? Spice Money Login 2021 The full article on Spice Money Login has been provided to you in the following article. By logging in, you can use the services it provides. We are going to give you th

Go Fashion IPO Allotment Status, Linkintime, BSEIndia, Allotment date

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Table of Contents 1 Go Fashion IPO GMP Today 2 Go Fashion Allotment Today 3 Go Fashion Share Price Today 4 Go Fashion Lot Size 5 Go Fashion IPO Allotment 2021 6 Go Fashion IPO: All you need to know 7 Provide details 8 IPO Timeline 9 Registrar Information (RTA) 10 Key highlights of Go Fashion IPO 11 Go Fashion Financial Information 12 Go Fashion Strengths 13 Risks Related to Go Fashion IPO GMP 14 Go Fashion IPO GMP Opportunities Go Fashion IPO GMP Today Go Fashion IPO: Today is the last day of IPO of the women’s clothing company Go Fashion. The company’s issue has been subscribed 6.87 times in the past two days. The company launched an expense of Rs 1013.61 crore. Its issue price is Rs 655-690. While trading its unlisted shares at a premium of Rs 470 in the gray market. Go Fashion IPO GMP Go Fashion Allotment Today According to IPO Experts, in terms of valuation, the company’s EV / EBITDA for FY 2020 after issue is -30.2X. It is on par with the company’s rival company TCNS

Nykaa IPO Allotment Release Date Is Out - How To Check The Share Allotment And Application Status Online

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Nykaa’s initial public offering (IPO) share allotment result is released – a beauty and wellness market – will be finalized today (November 8). The IPO of ₹ 5 352 crore from FSN E-Commerce Ventures Ltd, Nykaa Fashion parent company, was subscribed for more than 82 times at the end of the bidding process on 1 November. According to data available at NSE, the IPO received bids for 2,16, 59,47,080 shares versus 2,64,85,479 shares offered. nykaa ipo allotment date Bidders can check the status of the award on BSE’s website or the registrar’s website – Link Intime India. Here are the steps to check the nykaa ipo result status through the BSE website: Sign up at https://www.bseindia.com/investors/appli_check.aspx Select Nykaa IPO from the list Enter your application number Provide your PAN number Verify that you are not a robot and click ‘submit’ Here are the steps to check the status of nykaa ipo subscription details through the registrar’s website (Link Intime India): Log on to https://www

Tega Industries IPO GMP- All You Need To Know Before Subscribing | Buy Or Not

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Tega Industry Introduction : Incorporated in 1976, Tega Industries (Tega) is a leading manufacturer and distributor of specialized mining equipment components. Its products are used over different stages of mineral processing and material handling. In FY21, it obtained about 86% revenue from outside India. It has six manufacturing sites with three in India and the other three strategically located in Chile, South Africa and Australia. Tega Industries IPO GMP Table of Contents 1 Key highlights for Tega Industries IPO 2 Tega Industries IPO GMP 3 Tega Industries IPO Price 4 Tega Industry IPO Date 5 Tega Industries IPO – Allotment, Lot Size, Price 6 Tega Industries IPO GMP Timeline 7 IPO Registrar Information (RTA) of Tega Industries Initial Public Offering 8 Tega Industries Financial Information 9 Strengths of Tega Industries 10 Opportunities with Tega Industries IPO 11 Risks With Tega Industries IPO 12 Related Search Terms for Tega Industries IPO Key highlights for Tega Indu

Paytm IPO buy or not - 9 key things to know about the company, issue

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Paytm IPO: Retail investors can invest a minimum of Rs 12,900 for a single lot and their maximum investment will be Rs 1,93,500 for 15 lots. Paytm, which is owned by One97 Communications, will launch its initial subscription offer for subscription in the coming week. It is the largest public expenditure ever in the history of Indian capital markets. Prior to that, state-owned coal mining company Coal India had the largest IPO of more than Rs 15,000 crore in October 2010. paytm ipo buy or not Here are 9 important things to know before subscribing to the paytm public edition that will clear whether paytm ipo buy or not : Table of Contents 1 1) IPO Dates 2 2) Presentation details 3 3) Price band 4 5) Lot size and investors’ reserved portion 5 6) Company Profile & Industry 6 7) Finances 7 8) Key risks 8 9) GMP, Listing and Award Date 9 Paytm IPO Valuation 1) IPO Dates The offer will open to investors on November 8 and it will close on November 10. 2) Presentation details Paytm