The President of India is the largest institutional investor on D-Street. The Union Government holds stocks under the President’s name. As per the latest shareholding data, this portfolio has 78 stocks with a net worth of over Rs 26 lakh crore. STOCK NAME HOLDING VALUE(RS) QTY HELD SEP 2023 CHANGE% SEP 2023 HOLDINGS% JUNE 2023 … Read more
We all know that Income tax returns are forms also known as ITR’s popularly, ITRs are filed to state the income of an assessee for the respective year, Therefore what are the conditions an Individual or a firm is required to file their income tax return? When is Income Tax Return Filing Mandatory/compulsory in India? … Read more
Everyone knows about the Quote that “money makes money”, but nowadays money kept in savings and FD are not at all worth it. It does not even beat inflation and your money keeps reducing year on year if kept idle in these two due to more than 6% inflation in India. So, are there any … Read more
Recently CBDT has inserted a new rule 12AC and a new form ITR U, it has been a wish for many taxpayers to file their lapsed income tax returns or to update their ITR after the last dates. But, this time the wishes came true but also not as expectedЁЯдФ Let’s further discuss more into … Read more
After Prime Minister Narendra Modi announced freedom for India from SUP in his 2019 Independence Day speech, the MoEF&CC had brought in an amendment to the┬аPlastic Waste┬аManagement (PWB) Rules in August 2021 that prohibited the manufacture, import, stocking, distribution, sale & use of Single use plastic from July 1, 2022. So, if there are any … Read more
Many of us are fond of investments and want to generate wealth through investing in stocks, as we all know that IndiaтАЩs Automotive Industry is worth more than $100 bn and contributes 8% of the countryтАЩs total export. Also accounts for 2.3% of IndiaтАЩs GDP all set to become the 3rd largest in the world … Read more
Today, on Feb 01 2022 Finance minister Smt Nirmala Sitaram proposed the Budget for 2022, where there are many changes made in the Goods & service tax Act or GST, below are the key highlights of the proposed GST changes in budget 2022 GST changes in Budget 2022 1. The last date to avail input … Read more
What are the risk factors in Vedant Fashions IPO? 1. The covid-19 pandemic has adversely affected the company and may affect in the future too 2. They are highly dependent on Indian wedding wear business 3. The company has various brands but most of the revenue is from the Manyavar brand 4. They are significantly … Read more
What are the risk factors in Adani Wilmar IPO? 1. Company’s operations are highly dependent on the availability of raw materials like unrefined palm oil, soybean & sunflower oil 2. Due to the Covid-19 pandemic various costs for the company has increased 3. There are legal proceedings against the members of the company 4. A … Read more
Fertilizer stocks in budget 2022 The budget is due in February 2022, and the government has planned to win farmers’ hearts this time with different initiatives to help farmers of India of which one is subsidies to fertilizer companies. Reports are there that GOI is planning to infuse 1.4 Trillion Rupees (which is 18.8 Billion … Read more