Finance Minister Nirmala Sitharaman introduced a new initiative, the NPS Vatsalya scheme, in her Union Budget 2024. The account is meant for the long-term savings of minors. Higher education, employment,…
In the ever-changing global financial landscape, Variable Capital Companies (VCCs) have evolved as a dynamic and adaptable investment vehicle that meets various investment strategies and investor demands. As India aims…
Filing an Income Tax Return (ITR) is an essential obligation for taxpayers in India, ensuring compliance with the country’s tax laws and providing an opportunity to claim refunds if taxes…
In the Union Budget 2024, it was announced that promoters and private equity (PE) firms will be required to pay a retrospective tax on gains realized from offer-for-sale (OFS) transactions.…
One of the key changes in Budget 2024 involves modifications to deductions and exemptions in income tax. Existing provisions, such as those under Section 80C (which offers deductions for investments…
Union Finance Minister, Nirmala Sitharaman, introduced her seventh consecutive budget on 23 July for the fiscal year 2024-25. This is the first BJP-led NDA Budget announcement since its reelection in…
Quantum computing, once limited to theoretical physics, is now emerging as a transformative technology in the finance sector. This cutting-edge advancement promises to solve complex financial problems with unprecedented speed…
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