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FIFO
WhiteOak Mutual Fund waives exit load on fresh investments; existing units retain old chargesWhiteOak Capital Mutual Fund has removed exit loads on new investments in its equity and hybrid schemes. This investor-friendly move enhanc...- 150 kg rotten meat, 350 kg spoiled chicken seized as Telangana raids expose dangerous food safety lapsesTelangana authorities have intensified their crackdown on unsafe food, seizing over 146 kg of spoiled meat statewide and issuing numerous h...
- Door's open, yet foreign law companies stay on the fenceRegulatory uncertainty, tax ambiguity and thin margins have kept foreign law firms from launching offices here despite market liberalisatio...
- Taxation of equities: The FIFO strategy smart investors use to cut capital gains tax and save more on equity profitsWhy FIFO and your demat strategy matter: smart choices can preserve big gains.
- ONDC rolls out monthly support schemes to boost logistics, F&B, grocery, D2C sectorsIndustry insiders are expecting to see higher sales this festive season on the back of this targeted financial assistance programme by ONDC...
- How jewellers quietly dodged over Rs 100 crores in taxes using FIFO-LIFO methodIndian jewellers are under scrutiny for potentially using the prohibited LIFO accounting method to underreport profits and evade taxes amid...
- Income Tax Department begins crackdown as jewellers strike gold with accounting trickAmid rising gold prices, some jewellers are under scrutiny for potentially manipulating accounting methods to reduce profits and tax liabil...
- Mirae Asset Mutual Fund changes exit load period and structure of 6 schemesMirae Asset Mutual Fund has announced changes to the exit load period and structure for three of its schemes, which are from the equity, hy...
- How your mutual fund SIPs would be taxed under the new income tax structureThe tax on short term capital gains and long term capital gains on equity mutual funds have increased after the announcement made in the bu...
- After fighting breaks out mid air, flight makes emergency landing in AustraliaA wild brawl, which occurred mid-air during a flight in Australia, forced the pilot to opt for emergency landing. Four passengers have been...
- Confusion prevails over method to tax cryptocurrency gainsThe big question that’s bothering everyone is how are the gains from crypto assets to be calculated?
- Wastage of grains in FCI godowns is negligible: Ram Vilas Paswan“Similarly, the wastage for 2017-18 and 2018-19 was 0.003% and 0.006% respectively. In 2019-20, government purchased 75.17 million tonnes o...
- Sold listed shares in physical form in FY 2018-19? You might end up paying higher taxesSEBI in a notification dated June 8, 2018, restricted the transfer of equity shares in physical form after December 5, 2018. This deadline ...
- FPIs likely to go slow in issuance of new P-Notes from AprilMany funds use P-Notes as these give easy access to India's equity market without going into legal hassles of registering directly and foll...
- Foreign portfolio investors unclear how to tackle tax for P-note clientsWhile FPIs are learning to adjust to the new rule, they are confused by its unwarranted impact on PN clients holding same stocks.
- DDA to come up with four new mobile apps soon, says its Vice-Chairman Arun GoelDDA is working on four new mobile applications, including one for receiving feedback from allottees for its new housing schemes.
- Government to sell on priority 27 million tonnes of wheat procured this yearThe government will on priority distribute nearly 27 million tonnes of wheat it procured this year under the relaxed quality norms.
- RBI eases norms for gold dore importsRBI partly eased restrictions on import of gold dore by allowing refineries to import 15% of their gross annual requirement in first 2 mont...
- How to enable periodic redemption from your mutual fund schemeAn SWP helps to spread the transactions over time and average out the prices.
- FCI incurred avoidable expenditure of Rs 376 crore in 2006-12: CAGFood Corporation of India incurred an "avoidable expenditure" of Rs 375.52 crore during the period 2006-07 to 2011-12, says CAG.
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