On February 1, Union Finance Minister Nirmala Sitharaman gave a presentation of her sixth budget. In advance of the general elections later this year, this was an interim budget. The Interim Budget 2024 preserved fiscal consolidation and continued capital expenditures while emphasizing the empowerment of women and youth.
VALUATIONS SENSEX PE Ratio 24.49 NIFTY PE Ratio 22.38 Source: NSE and BSE BSE SENSEX 71645.30 -106.81 -0.15% NIFTY 50 21697.50 -28.20 -0.13% NIFTY Bank 46188.70 191.90 0.42% BSE MID CAP 38619.46 -155.04 -0.40% BSE SMALL CAP 45624.07 -98.51 -0.22% GOLD (Rs./ 10 gm) 63,069.00 +111.00 +0.18% SILVER (Rs./kg) 71,772.00 -475.00 -0.66% USD/INR 82.99 -0.06 …
Today’s Stocks Market Updates (01 February 2024) Read More »
In the Indian context, there are two separate financial exercises: the Union Budget and the Interim Budget. Usually released in February, the Union Budget is the government’s complete yearly financial statement outlining its earnings and expenses for the next fiscal year. In contrast, the government releases an interim budget, which is a short-term financial plan, …
Difference between Interim Budget & Union Budget Read More »
VALUATIONS SENSEX PE Ratio 24.56 NIFTY PE Ratio 22.46 Source: NSE and BSE BSE SENSEX 71752.11 +612.21 +0.86% NIFTY 50 21725.70 +203.60 +0.95% NIFTY Bank 45996.80 +629.05 +1.39% BSE MID CAP 38774.50 +598.62 +1.57% BSE SMALL CAP 45722.58 +821.68 +1.83% GOLD (Rs./ 10 gm) 63,010.00 +378.00 +0.60% SILVER (Rs./kg) 72,579.00 +237.00 +0.33% USD/INR 83.05 -0.07 …
In order to plan a proper financial strategy, people and businesses need to understand new policies in this constantly changing financial circumstances. With the help of this practical guide, you will be able to take advantage of opportunities, make wise judgements, and maintain tax efficiency even in the face of changing tax laws. Consider that …
Actionable Insights for Tax Planning in Light of Budget 2024 Read More »
VALUATIONS SENSEX PE Ratio 24.37 NIFTY PE Ratio 22.31 Source: NSE and BSE BSE SENSEX 71139.90 -801.67 -1.11% NIFTY 50 21522.10 -215.50 -0.99% NIFTY Bank 45367.80 -74.55 -0.16% BSE MID CAP 38175.88 -204.78 -0.53% BSE SMALL CAP 44900.90 81.62 0.18% GOLD (Rs./ 10 gm) 62,505.00 +319.00 +0.51% SILVER (Rs./kg) 72,125.00 -252.00 -0.35% USD/INR 83.12 -0.05 …
The mutual fund industry in India is vibrant and diverse, providing investors with a wide range of investment options. Asset Management Companies (AMCs) are essential to the administration and management of these funds, enabling investors to confidently trade the financial markets. The Registrar and Transfer Agent (RTA), who is in charge of keeping precise records …
Understanding Mutual Funds in India: A Closer Look at AMCs and RTAs Read More »
VALUATIONS SENSEX PE Ratio 24.64 NIFTY PE Ratio 22.58 Source: NSE and BSE BSE SENSEX 71941.57 +1240.90 +1.76% NIFTY 50 21737.60 +385.00 +1.80% NIFTY Bank 45442.30 +576.15 +1.28% BSE MID CAP 38380.66 +634.37 +1.68% BSE SMALL CAP 44819.28 +455.54 +1.03% GOLD (Rs./ 10 gm) 62,099.00 +135.00 +0.22% SILVER (Rs./kg) 71,816.00 +43.00 +0.06% USD/INR 83.14 +0.03 …
On February 1, 2024, Nirmala Sitharaman, the finance minister, will release the Interim Budget 2024. Every sector of the economy has expectations from the Budget, as usual. TAXATION REFORMS: In Budget 2024, taxpayers expect significant tax improvements in the form of easy procedures and lower personal income tax rates, which they hope would provide relief. …
Historically, silver has been used as an inflation hedge. Money usually loses value when inflation increases, but the value of precious metals like silver frequently stays the same or climbs. Investing in silver helps investors maintain their purchasing power over time. 1. Investments in physical silver: Buying silver bars or coins from reliable dealers allows …
