Budget 2025 income tax: Hike basic exemption limit to Rs 5 lakh and reduce tax rates, says EY – Times of India

Budget 2025 income tax: Hike basic exemption limit to Rs 5 lakh and reduce tax rates, says EY – Times of India

Budget 2025: EY has also recommended that the government reduce income tax rates. (AI image) Budget 2025 income tax expectations: Finance Minister Nirmala Sitharaman should consider raising the basic exemption limit from Rs 3 lakh to Rs 5 lakh under the new tax regime, says EY in its pre-Budget 2025 recommendations.EY, a leading consultancy firm…

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Why HSBC has downgraded India to ‘neutral’ from ‘overweight’ – check Sensex target for 2025 – Times of India

Why HSBC has downgraded India to ‘neutral’ from ‘overweight’ – check Sensex target for 2025 – Times of India

Despite India’s impressive 25% annualised growth in recent years, HSBC considers this rate unsustainable. (AI image) HSBC has revised its stance on India to ‘Neutral’ from ‘overweight’. It has also set a BSE Sensex target of Rs 85,990 for 2025, citing reduced corporate profits and high valuations as primary concerns.Despite India’s impressive 25% annualised growth…

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Stock market today: BSE Sensex ends over 500 points down; Nifty50 below 23,550 – Times of India

Stock market today: BSE Sensex ends over 500 points down; Nifty50 below 23,550 – Times of India

Breaking above 23,800 could signal an upward movement, with support at 23,496, according to Nagaraj Shetti of HDFC Securities. (AI image) Stock market today: Indian stock indices, BSE Sensex and Nifty50 declined approximately 1 per cent intraday on Thursday as major companies like HDFC Bank, TCS and Reliance faced substantial selling pressure. Investors displayed concerns…

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Standard Glass Lining Technology IPO sees stellar demand with 182.57 times subscription – Times of India

Standard Glass Lining Technology IPO sees stellar demand with 182.57 times subscription – Times of India

Standard Glass Lining Technology IPO NEW DELHI: Standard Glass Lining Technology Ltd’s initial public offering (IPO) witnessed an extraordinary 182.57-times subscription on final bidding day on Wednesday. The Rs 410.05-crore IPO attracted bids for 3,80,27,59,991 shares against 2,08,29,567 shares offered, as per NSE data.The QIBs segment was oversubscribed by 331.60 time, whilst non-institutional investors’ category…

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Introduction to ‘working days’: Sebi revises working norms for credit rating agencies – Times of India

Introduction to ‘working days’: Sebi revises working norms for credit rating agencies – Times of India

NEW DELHI: The securities and exchange board of India (SEBI) updated rules for credit rating agencies (CRAs) by introducing “working days” as the standard for compliance deadlines, replacing the previous use of “days.” The changes, announced in a circular on Tuesday, aim to standardise rating processes and publication protocols.These updates followed recommendations from a working…

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