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Presumptive taxation for professionals: The 50% rule remains-but what changes for deductions and losses under the new tax Act?The 50% presumptive taxation rule for professionals largely continues under the new Income-tax Act. However, Section 58(4) introduces a wid...- India's net direct tax collections jump 23% to Rs 8.11 lakh crore, non-corporate taxes lead gainsIndia's net direct tax collections surged 23.09 percent to ₹8.11 lakh crore as of August 10. Non-corporate tax collections rose significant...
- REIT, InvIT investors can benefit if trust switches income tax regime: Know how maximum effective tax rate of 34.94% under old tax regime comes down to 28.60% under new tax regimeEffective tax rate of 34.94% under old and 28.60% under new tax regime; know how REIT, InvIT unitholders can benefit if trusts' switch tax ...
- Slice posts Q1 profit of Rs 51 crore as banking pivot gathers paceSlice’s Q1 results come as the company explores a $50-100 million fundraise at a valuation below $1 billion, ET reported in April. If compl...
- SBI shares rise nearly 2% after Q1 beat. Here's what Nomura, Morgan Stanley and other top brokerages expect nextSBI shares gained 1.55% after the lender reported a 10% YoY rise in Q1 FY27 standalone net profit to Rs 21,121 crore, beating Street estima...
- AU$100,000 salary sounds like Rs 67 lakh in India, but an Indian in Australia explains the realityAn Indian man in Australia explained salary conversion differences to his family. His AU$100,000 annual income appears large when converted...
- SBI's Q1 profit jumps 10% YoY on loan growth, beats Street estimatesState Bank of India announced a notable ten percent growth in net profit for the June quarter, driven by robust loan growth that amplified ...
- SBI Chairman Setty rules out asset quality stress in Q1, says seasonality distorts sequential NPAsState Bank of India reported a strong first quarter with net profit rising over ten percent. Gross advances surpassed fifty lakh crore rupe...
- SBI Q1 profit beats estimates on strong loan growth, asset qualitySBI reported a 10% rise in Q1 net profit to Rs 21,121 crore, beating estimates on robust loan growth and higher net interest income. Improv...
- SBI sees broad-based credit growth, sticks to 14-15% FY27 loan growth guidanceState Bank of India expects credit growth to remain broad-based across segments. The bank retained its loan growth guidance at fourteen to ...
- Lyft posts record bookings, but higher promotions fuel profit missThe ride-hailing services provider has stepped up spending on incentives and loyalty programs to attract and retain customers and sustain g...
- Muthoot Microfin Q1 profit jumps 13-fold on stronger loan growthMuthoot Microfin reported a more than 13-fold rise in Q1 net profit to Rs 81 crore, driven by 49% higher loan disbursements, lower credit c...
- Kotak sees India posting BoP surplus in FY27; expects 50 bps rate hike in second halfIndia anticipates a balance of payments surplus in FY27. Stronger capital inflows and higher foreign direct investment will support this po...
- Earnings from unexercised ESOP buyback is LTCG, not pay perk: ITATThe Income Tax Appellate Tribunal ruled that vested ESOPs are not taxable as salary until exercised. It held that gains from Flipkart's rep...
- Uber shares drop 6% as weak forecast overshadows strong bookingsUber’s strong second-quarter growth was overshadowed by a weak outlook, sending shares down 6% as the company ramps up autonomous-vehicle i...
- Edelweiss Alternatives buys 1 million sq ft office park in PuneEAAA's Rental Yield Plus fund acquired a one million square foot office park in Pune. This acquisition expands the fund's portfolio to five...
- 8th Pay Commission salary calculator: How Level 10 employees can get Rs 25 lakh extra gross salary in 10 years at 6% annual increment rate8th Pay Commission latest news: Employee groups are urging the 8th Pay Commission to raise annual increments significantly. They suggest in...
- Unexercised ESOP buyback gains taxable as LTCG, not salary income: ITATThe Income Tax Appellate Tribunal determined that employee stock options are not considered part of salary perks until they are exercised. ...
- PNB Housing Q1 profit rises 4% as loan book grows 15%PNB Housing Finance posted a 4.3% rise in June-quarter net profit as loan assets and AUM recorded double-digit growth. Net interest margin ...
- Nexus Select Trust posts 11% increase in net operating income to Rs 510 croreNexus Select Trust has announced an exciting eleven percent rise in net operating income, coupled with a distribution of three hundred seve...
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