Davis was one of the remarkably few people who made a sizable fortune from investments in common stocks, serving as an inspiration to the ‘Average Joe’ that he too could become rich without resorting to shady shenanigans. During the mid-1930s, the American stock market came under heavy selling pressure, striking […]
Tax
Property buyers can no longer adjust the purchase price for inflation at the time of sale, negating the impact of the tax cut. That’s because the indexation benefit, removed for properties purchased or inherited on or after 2001, effectively worsens the tax impact. For instance, a property purchased for ₹1 […]
Let the dust settle on the budget’s tax shocker before chasing any likely dip, but mutual fund investors can continue their investments—In sum, that’s the message from stock market veterans for retail investors, after the Union budget proposed higher capital gains tax for profits from share sales. “The rise in […]
Finance Minister Nirmala Sitharaman is set to present the full-year Union Budget for FY24-25 on July 23, 2024. The impact of the Union Budget on the equity market has reduced notably over the past few years with the government undertaking most of the reforms outside the purview of the Budget. […]