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  • How to declare cryptocurrency income in your ITR this financial year

    How to declare cryptocurrency income in your ITR this financial year

    Crypto is subject to a flat 30% rate—here is how to report your gains and pay the right return for FY 2024-25.

  • The first money task in the new financial year: Portfolio rebalancing

    The first money task in the new financial year: Portfolio rebalancing

    The new financial year has started. Take a look at the year gone by, keep an eye out for new and emerging opportunities, and rebalance your equity–debt-gold split. But most importantly, do not speculate. Be disciplined.

  • Fiscal deficit touches 33.9% of full-year target at end-July: CGA data

    Fiscal deficit touches 33.9% of full-year target at end-July: CGA data

    The deficit stood at 20.5 per cent of the Budget Estimates (BE) in the corresponding period of the financial year 2022-23. In the Union Budget, the government projected to bring down the fiscal deficit to 5.9 per cent of the gross domestic product (GDP) in the current 2023-24 financial year.

  • India to have its first polar research vessel in five years: Union minister Rijiju

    India to have its first polar research vessel in five years: Union minister Rijiju

    A PRV not only performs research and logistics in the polar region but can also serve as a research platform for scientists to undertake research in the ocean realm, including the Southern Ocean.

  • Southern Railway reports highest-ever revenue at Rs 6,345 crore in FY2022-23

    Southern Railway reports highest-ever revenue at Rs 6,345 crore in FY2022-23

    During the corresponding period in the last financial year, it had earned revenues of Rs 3,539.77 crore.

  • Moneycontrol Selects: Top stories this afternoon

    Moneycontrol Selects: Top stories this afternoon

    Our specially curated package of the most interesting articles to help you stay at the top of your game.

  • GST collection in Himachal Pradesh rises by 25% in February

    GST collection in Himachal Pradesh rises by 25% in February

    The GST collection in the current financial year so far is Rs 4,933 crore, which is 21 per cent more than the previous year, the release said.

  • Simply Save | Why you must file your income-tax returns by July 31

    Simply Save | Why you must file your income-tax returns by July 31

    Giving income tax return-filing a miss could invite notices from the tax department, while delayed filing will attract penalties

  • Fund raising via debt placement drops 39% to Rs 32,405 crore in April-May on hike in interest rates

    Fund raising via debt placement drops 39% to Rs 32,405 crore in April-May on hike in interest rates

    In comparison, Rs 53,253 crore was raised through the route during April-May 2021-22, data with the Securities and Exchange Board of India (Sebi) showed.

  • Maruti Suzuki dispatches record 2.33 lakh units through Railways in FY22

    Maruti Suzuki dispatches record 2.33 lakh units through Railways in FY22

    The company’s dispatch in 2021-22 was 23 percent up from 1.89 lakh units it transported using Railways in the 2020-21 financial year.

  • Sebi tweaks cyber security, cyber resilience framework of KYC registration agencies

    Sebi tweaks cyber security, cyber resilience framework of KYC registration agencies

    Along with the cyber audit report, all KRAs have been instructed to submit a statement from the MD and CEO certifying compliance by them with all of Sebi’s cyber security-related guidelines and notices issued periodically, according to a circular.

  • Colgate-Palmolive India Q4 profit rises to Rs 324 crore

    Colgate-Palmolive India Q4 profit rises to Rs 324 crore

    The company’s revenue from operations rose 1.43 percent to Rs 1,293.35 crore during the quarter under review. In the year-ago period, the same stood at Rs 1,275.01 crore.

  • Matrimony.com poised to enhance its growth momentum: CMD

    Matrimony.com poised to enhance its growth momentum: CMD

    Chennai, May 13 Matchmaking service provider Matrimony.com has demonstrated good growth in financial year 2022 and was poised to enhance its..

  • Why does the financial year start in April? Zerodha CEO Nithin Kamath answers

    Why does the financial year start in April? Zerodha CEO Nithin Kamath answers

    Nithin Kamath's tweet touched a chord with several Twitter users. Many pointed out how the financial year follows traditional practices across cultures and even crop cycles.

  • April 1: Money Changes That Will Impact Your Year Ahead

    April 1: Money Changes That Will Impact Your Year Ahead

    From the new tax rates on your Employees’ Provident Fund to relief to senior citizens over 75 years of age from filing income-tax returns, here are all the money changes and rules effected April 1.

  • 18 stocks from top 5 PMSes outperformed Nifty in FY20; worth a look?

    18 stocks from top 5 PMSes outperformed Nifty in FY20; worth a look?

    The stocks that most portfolio managers trust the most include HDFC Bank, Page Industries, Asian Paints, Pidilite Industries, Berger Paints, HUL and ICICI Bank.

  • Govt seeks parliament nod to spend additional $2.7 billion in 2019-20

    Govt seeks parliament nod to spend additional $2.7 billion in 2019-20

    The government proposes to spend 25 billion rupees for capital infusion in state-run insurance companies in the current financial year, and 45.57 billion rupees for capital infusion in IDBI Bank through bonds, the statement tabled in the lower house of parliament said.

  • Economic Survey hints at change of financial year from April-March

    Economic Survey hints at change of financial year from April-March

  • No plans to shift financial year to January-December from 2018: Santosh Kumar Gangwar

    No plans to shift financial year to January-December from 2018: Santosh Kumar Gangwar

    Discussions to shift the financial year from April-March to January December, however, continue in the Parliament.

  • Financial year likely to be changed from 2018; Budget in November?

    Financial year likely to be changed from 2018; Budget in November?

    The Centre may present next Budget in November this year, top govt sources told PTI.

  • Companies to offer increments in 5-10% range for FY18: Survey

    Companies to offer increments in 5-10% range for FY18: Survey

    According to Genius Consultants' Hiring, Attrition and Compensation Trend 2017-18 survey, 70 percent respondents said new, replacement hiring is expected across industries and 62 per cent of corporate houses said projected increase in staff strength in their companies will be 1-15 per cent.

  • NSE tweaks norms for cos listed on de-recognised bourses

    NSE tweaks norms for cos listed on de-recognised bourses

    As per the new listing criteria, exclusively listed companies of de-recognised stock exchanges or bourses, which are seeking an exit from capital markets would be eligible for listing on the NSE only if their respective paid-up equity capital is at least Rs 10 crore in each three preceding financial years.

  • Union Budget Series: Key terms in the Budget

    Union Budget Series: Key terms in the Budget

    Financial year and assessment year. Financial year (FY) runs from April 1 to March 31 of the next year; assessment year (AY) is the year following the FY. Tax on income earned in an FY is paid during the AY.

  • Union Budget Series: Parliamentary process

    Union Budget Series: Parliamentary process

    It all begins with the finance minister‘s speech in the Lok Sabha. The Budget is then tabled in parliament. Discussions on the economy and broad Budget measures take place without voting. The parliament then breaks for a three-week recess. Parliamentary Standing Committees give reports on ministries‘ estimates or demands for grants.

  • Union Budget Series: Making of Budget

    Union Budget Series: Making of Budget

    The exercise to make the Budget is a long-drawn one. It juggles political pressures, economy‘s priorities and utmost secrecy. Budget work begins in August with a circular to ministries and departments. They reply with details of funds they need.

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