Budget 2024: In a shock to investors, Finance Minister Nirmala Sitharaman, in her presentation of the Union Budget for FY 2024-25, announced several key tax changes impacting capital gains and trading activities. FM announced that the long-term capital gains tax rate on all financial and non-financial assets will rise from 10% to 12.5%, with an …
In a significant uptrend, the total number of Demat accounts surged to 16.2 crore in June 2024, according to a report by Motilal Oswal Financial Services. As per the report, new additions spiked by 42 lakh in June, marking the highest account opening rate since February 2024. This indicates a 4.24 percent increase from the …
Market regulator Securities and Exchange Board of India (SEBI) has issued a consultation paper to review the eligibility criteria of stocks that can be included in the futures and options (F&O) segment in-line with the growth seen by the market over the last six years. SEBI had last established a framework in 2018 to select …
Lumax Tech: Net profit at Rs 51.0 cr vs Rs 24.0 cr, Revenue at Rs 757 cr vs Rs 493 cr. (YoY) Natco Pharma: Net profit at Rs 386 cr vs Rs 276 cr, Revenue at Rs 1068 cr vs Rs 898 cr. (YoY) Sumitomo Chem: Net Profit at Rs 110 cr vs Rs 55 …
Shares of stock exchange BSE Ltd crashed 19 per cent in Monday’s trade after the market regulator Sebi asked it to pay regulatory fee on annual turnover fee considering ‘notional value’ in the case of option contracts. Sebi said BSE has been paying regulatory fee on annual turnover, considering only the premium value for option …
Image Source : FILE Sensex falls 256 points due to selling in banking, FMCG shares on F&O expiry Benchmark Sensex closed lower by around 256 points in a volatile trade on Thursday, snapping its three-day gaining streak due to selling in banking, FMCG and oil and gas shares amid weak Asian cues. The BSE barometer …