Sunday, November 24
Choosing between old and new tax regimes for TDS on salary in FY 2024-25 requires careful consideration of taxable income estimation, tax liabilities, and potential deductions to maximize take-home pay and minimize tax deductions.
Wipro's new CEO Srini Pallia focuses on resilience, adaptability, revenue growth, profit increase, and transformation journey completion. He values every step of the company's journey, emphasizing a culture of continuous learning and growth.
The number of telecom subscribers in India increased 0.38 per cent to 119.7 crore in February 2024 as compared to the previous month, according to a TRAI report published on Monday. The urban telephone subscription increased to 66.37 crore while rural subscription increased to 53.13 crore with a sequential growth rate of 0.40 per cent and 0.34 per cent, respectively.
Stock market today: Indian stock markets BSE Sensex and Nifty50 surged to new peaks on Monday, with Sensex and Nifty hitting all-time highs driven by strong sectoral performance. Institutional and retail investors contributed to the bullish trend.
Section 80DDB provides tax deduction for treating specified illnesses, covering medical expenses for dependents like spouses, children, parents, and siblings. It has specific limits, documentation requirements, and compliance measures for taxpayers.
This year marks significant changes in the fortunes of two of tech's biggest titans, Elon Musk and Mark Zuckerberg. Musk has seen a substantial decrease in his wealth, losing $48.4 billion, while Zuckerberg has experienced a dramatic rise, adding $58.9 billion to his fortune, propelled by the soaring success of Meta Platforms Inc. This surge has led to Meta reaching new record highs, including a notable peak on Friday.
Hero MotoCorp faces a demand notice of Rs 605 crore, including interest, from the Income Tax department spanning six assessment years. The company is reviewing the assessment orders received on April 3, 2024, and plans to take necessary actions like filing appeals and rectification applications.
Telecom regulator Trai is soliciting feedback on auctioning three new spectrum bands in higher frequency ranges, providing 4,000 megahertz of radio waves for mobile services. The consultation covers pricing, allocation norms, and payment terms for spectrum in the bands of 37-37.5 GHz, 37.5-40 GHz, and 42.5-43.5 GHz, aimed at future 5G services.
Gold prices hit a new high at Rs 70,050 per 10 grams, with silver rising to Rs 81,700 per kg. Analyst Saumil Gandhi noted the bullish trend in global markets. COMEX reported spot gold trading at $2,297 per ounce. The surge followed hints of an interest rate cut by Federal Reserve Chair Jerome Powell.
NPCI introduces updates for RuPay Credit Card holders on UPI platform, offering EMI options, credit account bill payments, instalment management, and credit limit adjustments. Users can benefit from enhanced convenience and secure payment transactions. Banks to implement changes by May 31, 2024.
