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section 54 ltcg

Sold a property funded entirely by you but jointly owned with your wife? You may claim 100% Section 54 LTCG exemption on a new home in your name; what your wife should report in her ITR

Section 54 provides relief from long-term capital gains tax when an individual or HUF sells a residential house and reinvests the capital gain in another residential house. You bought a property jointly in the name of yourself and your wife, but the entire money spent on the purchase came from you. Now you are planning...
namo bharat rrts

India’s first 160 kmph Namo Bharat train service, also the fastest, began in 2023; now a Rs 450 crore, 110 MW solar plant will meet nearly 60% of Delhi-Meerut corridor’s power needs and cut electricity costs 25%

Namo Bharat trains have brought the Delhi-Meerut journey down to less than an hour, with trains operating at speeds of up to 160 kmph. In 2023, India saw the launch of its fastest commuter train service – the Regional Rapid Transit System (RRTS) train service, also called the Namo Bharat. Within years the entire corridor...
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Stock Market Live Updates Today: Markets slip in early trade; Sensex down 151 points, Nifty 61 points lower

Indian shares are expected to open marginally higher on September 1 after data showed the economy grew a stronger-than-expected 7.8% year-on-year in the April-June quarter, helped by robust investment, manufacturing and consumer demand. GIFT Nifty futures pointed to a positive start for the Nifty 50, which closed at a one-month low of 24,080.4 on August...
gdp

Economists raise growth projections after Q1 show

Private economists raise FY27 GDP growth projections to 7-7.3% after strong Q1 data, marking fourth straight year above 7%. NEW DELHI: Within hours of govt estimating strong growth during April-June quarter, private sector economists started raising projections for the full year, reflecting the sustained strong growth momentum in the economy.According to estimates from various economists,...
nse

CAS smooth on MSCI index rebalancing day

MUMBAI: Monday’s Closing Auction Session (CAS) went off smoothly with Rs 39,718 crore (about $4.2 billion) worth of stocks traded on NSE alone during the session. It was also the day when MSCI emerging market index rebalancing, that was worth about $4 billion, took place during the last half-an-hour of trading, part of which overlapped...
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