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Union Budget Highlights

Budget 2024 Key Highlights: Revised Tax Rate Structure Announced in 2024 Budget

/ Budget News​ /

Finance Minister Nirmala Sitharaman announced a revision to the tax rate structure under the new income tax regime in the 2024 budget. The changes are expected to result in significant savings for taxpayers, with an estimated ₹17,500 reduction in income tax for eligible individuals. The new tax slabs are as follows: “This revised tax structure […]

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Union Budget Highlights

Budget 2024 Key Highlights: New TDS and TCS Rules Announced in 2024 Budget

/ Budget News​ /

Finance Minister Nirmala Sitharaman unveiled key changes to the Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) regulations in the 2024 budget. These changes aim to streamline tax compliance and broaden the tax base. Payments made by firms to their partners will now be subject to TDS at 10% for aggregate amounts

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Union Budget Highlights

Budget 2024 Key Highlights: New Capital Gains Tax Rules Announced for 2024

/ Budget News​ /

Finance Minister Nirmala Sitharaman announced significant changes to the taxation of capital gains in the 2024 budget. The aim is to rationalize and simplify the tax structure, impacting both short-term and long-term capital gains. The tax on short-term gains from specified financial assets has been raised to 20% from 15%, while the tax rates for

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economic survey 2024

Economic Survey 2023-24: Key Highlights (Union Budget)

/ Budget News​ /

The Budget Session of Parliament commenced today with Union Finance Minister Nirmala Sitharaman tabling the Economic Survey of India 2023-24. The voluminous report, including a statistical appendix, was placed in both Houses of Parliament. The Union Budget for 2024-25 will be presented in the Lok Sabha on July 23. This would be the first Budget

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TCS collaborates with Rolls-Royce

TCS Partners with Rolls-Royce for Hydrogen Research

/ Indian Market /

Tata Consultancy Services (TCS) has expanded its collaboration with Rolls-Royce, the British aerospace and defence giant, to advance research in hydrogen fuel technology for aviation. The partnership aims to explore hydrogen as a zero-carbon fuel alternative, addressing key challenges in fuel combustion, delivery, and system integration. TCS will contribute engineering expertise to support Rolls-Royce in

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HDFC Bank Q1

HDFC Bank Q1 profit rises 35% to ₹16,174.75 crore, NPAs Increases

/ Results /

HDFC Bank reported a year-on-year increase of 35.3% in profit after tax (PAT) to Rs 16,174.75 crore for the first quarter of the current financial year. But on a quarterly basis, the bank’s net profit dropped 2.1%. The bank’s gross NPA ratio increased to 1.33% as of June 30 from 1.24% in the previous quarter

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RBL Bank Q1 result

RBL Bank Reports 29% Increase in Q1 Net Profit to Rs 372 Crore, Asset Quality Improves

/ Results /

RBL Bank reports a 29% increase in Q1 net profit to Rs 372 crore and an improvement in asset quality. RBL Bank reported a 29% increase in net profit for the April-June quarter of fiscal 2025 at Rs 372 crore as against Rs 288 crore a year ago. The asset quality of the bank witnessed

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Tanla Platforms Shares

Tanla Platforms Shares Soar 10% on Anti-Scam Deal with Global Tech Giant

/ Indian Market /

Tanla Platforms saw its stock surge by over 10% after announcing a partnership with a leading global tech company to fight scams on messaging platforms. Tanla’s AI-driven anti-phishing solution, Wisely ATP, will identify fraudulent phone numbers and suspicious URLs to alert WhatsApp about potential scams. The details of the deal remain confidential, but media reports

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DMart's Q1 Profits Surge by 17.5% to Rs 774 Crore, Revenue Climbs 18.6%

DMart’s Q1 Profits Surge by 17.5% to Rs 774 Crore, Revenue Climbs 18.6%

/ Results /

Avenue Supermarts Ltd., the operator of the popular retail chain DMart, has reported its consolidated profits for the quarter ending June 2024. Profits surged to Rs 774 crore from Rs 659 crore in the same period last year, showing a healthy growth of 17.5% year-on-year. Additionally, the revenue grew by 18.6% YoY to stand at

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