Business News
Trade war fears spook markets: Sensex, Nifty take a hit as rupee weakens
The S&P BSE Sensex tanked by 319.22 points to end at 77,186.74, while the NSE Nifty50 lost 128.85 points to close at 23,353.30.
The S&P BSE Sensex tanked by 319.22 points to end at 77,186.74, while the NSE Nifty50 lost 128.85 points to close at 23,353.30.
According to the government, Volkswagen broke down imports of some VW, Skoda, and Audi cars into separate components, instead of declaring them as completely knocked down (CKD) units.
Indians have poured money into cryptocurrencies in recent years despite the country's tough regulatory stance and steep trading taxes.
With a standard deduction of Rs 75,000 under the new regime, salaried taxpayers earning up to Rs 12.75 lakh annually do not need to pay any tax. But what if you have a higher annual income, say Rs 13 lakh or more? You could still end up paying no tax.
Budget 2025: Tax experts explain how the new income tax changes impact taxpayers across income levels, from Rs 6 lakh to Rs 1 crore, after the fresh proposals in the Union Budget 2025.
The tax dispute began in September 2024, when Indian authorities issued a $1.4 billion tax notice to Volkswagen's Skoda Auto Volkswagen India unit.
The Indian rupee (INR) dropped to an all-time low of Rs 87.1450 per dollar, down 0.6% from Friday. It may be noted that the rupee has fallen almost 4% since October 2024.
Stock market crash: Sensex plunged over 700 points and Nifty lost nearly 300 points in early trade.
Rupee hit an all-time low, breaching 87 per US dollar for the first time. The sharp fall was mainly triggered by three executive orders signed by Trump over the weekend.
Share Market Today: The S&P BSE Sensex plunged 516.30 points to 76,989.66, while the NSE Nifty50 fell by 230.90 points to 23,251.25 as of 9:25 AM.
Share Market Today: Market experts believe that while the budget had some positive aspects, certain key areas did not meet expectations.
Union Budget 2025: One of the key highlights of Budget 2025 was that individuals earning up to Rs 12 lakh will not have to pay any income tax under the new tax regime.
Finance Minister Nirmala Sitharaman rejected criticism of the rupee's decline, stating it remains stable against most currencies despite a stronger US dollar. She attributed volatility to global factors and highlighted India's strong macroeconomic fundamentals.
From 'pazhampori' to 'ada' and 'undam pori,' beloved Malayali tea-time snacks find themselves caught in the bewildering GST maze. These humble delicacies come with an 18 per cent GST tag, all because they do not have the required 'classification' to be put elsewhere.
Donald Trump has consistently pushed for reducing trade barriers, especially on products that the US manufactures, and the high tariff on Harley-Davidson has been a point of contention in the past.
Budget 2025 announced major tax reforms for senior citizens, reducing their tax burden and giving a boost to their savings.
Prime Minister Narendra Modi praised the Union Budget 2025, calling it a "force multiplier" that will boost savings, investment, consumption, and growth.
Budget 2025: Finance Minister Nirmala Sitharaman announced an increase in the TDS threshold in the Union Budget 2025.
The Prime Minister walked up to the bench where Nirmala Sitharaman was seated and expressed his gratitude for presenting her eighth and the Modi 3.0 government's first Budget today.
Finance Minister Nirmala Sitharaman announced that taxpayers with salaries up to Rs 12 lakh would not be required to pay tax in the new tax regime. Sitharaman also proposed changes in the slab structure of the new income tax regime.