The interim budget announced on Februrary 1 has been hailed by developers and realty experts for the good news it brought to the real-estate segment. This includes the increased exemption period for notional tax on unoccupied houses (from a year to two years); no tax on house rents up to Rs 2.4 lakh; rollover of […]

ax relief for the middle class was one of the highlights of Finance Minister Piyush Goyal’s Budget 2019 speech. Proposing several changes to the tax structure, Piyush Goyal – presenting the NDA government’s last budget in an election year – proposed no tax on income up to Rs 5 lakh. (Live updates) Read: Highlights of […]

In a city of easy entitlements, the right to park outside one’s home for free is perhaps the most ubiquitous in Delhi. Even though roads and roadsides are public space also meant for pedestrians, cyclists and other lesser commuters, Delhi’s car owners seem to own all of it. For a meagre one-time parking fee and […]

If your investments in mutual funds are through the SIP route, then calculating the returns that your investments have earned may not be as simple as calculating the returns from a lump sum investment. This is because you have made the investment at different points in time giving each investment a different holding period in […]

IIM Calcutta repeated its feat of 100% placement for the 54th batch of its flagship PGP program that had 441 students in the fray. As per the conventions of the day system followed by most institutes in the country, the placements closed by Day 1 afternoon which corresponds to the second day of making offers […]

Ralph Lauren isn’t just about plain polo shirts and peacoats anymore. It’s about the hype. Looking for some buzz, the 52-year-old fashion house using tactics straight from the “hypebeast” playbook—industry slang for shoppers who obsess about clothes that get extensive publicity. Similar to Apple fanatics who camp out in advance of a new iPhone release, […]

Amid row over Prime Minister Narendra Modi receiving the Philip Kotler Presidential Award, the marketing guru, after whom the award is named, listed the reasons why the Indian leader was chosen. Philip Kotler wrote that Prime Minister Modi stood the highest in the criteria used to select a winner. “He has improved his country’s image […]

The Union cabinet on Wednesday approved the creation of a fund for developing farm-markets, which will be used to upgrade existing rural agriculture markets, an official statement said. A corpus of Rs 2,000 crore will be set up at NABARD, an organisation that procures and trades farm items on behalf of government. The fund, titled […]

US retail major Walmart, which invested USD 16 billion in Flipkart, Wednesday said it is committed to the Indian market and is optimistic despite recent changes in the FDI policy for e-commerce firms in the country. The Bentonville-based retailing major’s statement came after a recent report by global consultancy firm Morgan Stanley, which had hinted […]

Individual taxpayers taking home up to ₹5 lakh a year will be spared from having to pay income tax from the next financial year, finance minister Piyush Goyal said on Friday, as he unveiled a middle class friendly interim budget ahead of the next general election. The benefit will accrue in the form of a […]