If you pay income tax every year, this news is important for you. The Income Tax Department may soon get legal rights to check your social media, email, bank accounts, online investments, and trading accounts. If officials suspect that you have evaded tax or own undeclared property, cash, gold, jewelry, or other valuables, they can … Read more
Shares of Reliance-owned Alok Industries Ltd gained attention in trading today, Tuesday, after a significant rise of 13%. The stock reached an intraday high of ₹16.78, compared to its previous closing price of ₹14.88. For the past several days, the stock had been declining. So far this year, it has fallen by 23% and has … Read more
The share price of Steel Exchange India Limited has increased by 8% today. A major update has been released regarding the company’s pledged shares. Notably, the company’s share price is still below ₹10. Stock Performance on BSE The shares of Steel Exchange India opened at ₹7.87 on the Bombay Stock Exchange (BSE). During the day, … Read more
Anand Rathi Wealth Ltd has decided to issue bonus shares for the first time. The company will provide one bonus share for every share held by investors. The record date for this bonus issue has been set for March 5, 2025, as per data from the Bombay Stock Exchange (BSE). Record Date and Previous Dividends … Read more
With the beginning of March, several new rules have come into effect across the country. These changes will have a direct impact on people’s daily lives. From LPG cylinder prices to FD rates and UPI payments, many updates have been implemented starting today. Let’s take a look at these key changes. New Rules for Mutual … Read more
February is coming to an end, and with the arrival of March, several important rules will change. These changes will directly impact your finances, from savings to gas cylinder prices and bank holidays. Let’s take a look at the key changes coming into effect from March 1, 2025. LPG Cylinder Price Update At the start … Read more
As a taxpayer, it is important to make your investments before March 31 if you want to claim tax exemptions under the old tax regime. However, if you have opted for the new tax regime, you will not be able to claim tax benefits on your investments. The old tax regime still allows tax exemptions, … Read more
In the last five months, the Sensex has dropped by 12 percent, while the Nifty has fallen by 13 percent. Since the beginning of this year, both indices have declined by 4.3 percent. The midcap index has fallen by 20 percent, and the smallcap index has seen a sharper decline of 23 percent. In contrast, … Read more
The recent turbulence in the stock market, known as Black Monday, has impacted the performance of newly listed IPOs. Quality Power Electrical Equipments Limited made a lackluster debut, disappointing investors. The stock, which had an issue price of Rs 425, was listed at Rs 432 on BSE and Rs 430 on NSE, reflecting a modest … Read more
The Securities and Exchange Board of India (SEBI) has introduced a new digital platform called MITRA (Mutual Fund Investment Tracing and Retrieval Assistant) to help investors. This platform allows investors to trace forgotten or inactive mutual fund folios, making it easier for them to manage their investments. Importance of the MITRA Platform Over time, many … Read more
Today, Vakrangee’s shares surged by 5% after the Reserve Bank of India (RBI) granted approval for white label ATMs. The stock opened at Rs 15.10 on the Bombay Stock Exchange (BSE) and reached Rs 15.92 after hitting the upper circuit limit. This increase in share prices came as a direct result of the RBI’s authorization. … Read more