tax notice on land sale

Man sells ancestral agricultural land for Rs 8 crore, buys two properties and claims LTCG exemption; faces Rs 6.36 crore tax additions, why ITAT Chandigarh gave relief under Sections 54B and 54F

The ITAT Chandigarh eventually ruled substantially in the man’s favour on both questions. (Image for representative purpose only) When selling assets and claiming long-term capital gains, it is important to understand if you are eligible and under what conditions can you claim LTCG.A man sold his family’s ancestral agricultural land and claimed long-term capital gains…

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134715773

Indian workers spend Rs 785 monthly on commute; urban travel cost to office 70% higher: Govt survey

Two-wheelers are the most common primary mode of transport for workers, accounting for 37.1 per cent of rural commutes and 52.3 per cent of urban commutes. I capture a diverse group of commuters walking briskly on a city sidewalk during the morning commute, with a blurred cityscape in the background. Two-wheelers are the most common…

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india canada cepa fifth round talks today

Canada ‘looking forward’ to seal trade deal with India as fifth CEPA round begins: What’s on agenda

In​​dia, Canada CEPA fifth round talks today​ India and Canada will return to the negotiating table on Monday, with the fifth round of talks on the proposed Comprehensive Economic Partnership Agreement (CEPA) scheduled in Ottawa from October 5 to 9. Both sides are working towards concluding the trade deal by the end of 2026 as…

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post office savings schemes

PPF at 7.1%, SCSS 8.2%, NSC 7.7%: Check small savings interest rates for October-December 2026 and what investors will earn on Post Office schemes like SSY, time deposits

The Ministry of Finance decides the interest rates for all small savings schemes every quarter. Small savings schemes are still a popular investment option for many despite increasing financial literacy leading to people investing more in equities and mutual funds. This includes popular schemes such as the Public Provident Fund (PPF) and Senior Citizens Savings…

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vande bharat sleeper

Second Vande Bharat sleeper set to launch this month between Bengaluru and Mumbai; cutting travel time from 24 hours to under 16 hours, 30 year wait for faster connectivity between two cities to end

For more than 30 years, passengers have been seeking faster rail connectivity between Bengaluru and Mumbai. Vande Bharat sleeper: Indian Railways is all set to roll out the second Vande Bharat sleeper train after launching the first pair between Guwahati and Howrah earlier this year.After prolonged delays, the Railway Board is expected to issue the…

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homebuyer

Man paid Rs 1.73 crore for Gurgaon flat, waited over a decade without possession; builder alleges homebuyer bought it for commercial gain, consumer commission awards refund with 12% interest & Rs 4 lakh

The homebuyer booked a flat in Gurgaon and paid around Rs 1.73 crore for the apartment. (Image for representative purpose only) Buying a home is a dream for many, but if the possession of the flat is delayed then it can turn into a nightmare. In one such case, a homebuyer booked a flat in…

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wall streets 10 billion bet on indian hospitals becomes a blame game among stakeholders

Wall Street’s $10 billion bet on Indian hospitals becomes a blame game among stakeholders

Wall Street’s $10 billion bet on Indian hospitals becomes a blame game among stakeholders Wall Street is betting big on India’s hospitals. Patients, meanwhile, are facing a healthcare bill that is getting bigger.Over the past five years, global investors like Blackstone, KKR, TPG and General Atlantic have spent about $10 billion buying stakes in Indian…

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airfares rise

Flight fares soar: Delhi-Hyderabad up 68%, Mumbai-Kolkata 51% as fewer services and higher fuel costs squeeze travellers; IndiGo raises fuel surcharge by up to Rs 350

Airlines have scheduled 5% fewer domestic flights for the October-December quarter. (Image for representative purpose only) If you are planning to travel this festive season, airfares have just got more expensive. In fact, Indians planning to fly home this festive season or take a domestic holiday towards the end of the year may have to…

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sebi chief as regulator launches project jagruk

‘Don’t invest because everyone else is’: Sebi chief at Project Jagrook launch, flags investor frauds

SEBI Chai also said that. “One of our biggest concerns regarding first-time retail investors is the increase in investment frauds.” Rising investment frauds are among the biggest challenges facing the Securities and Exchange Board of India (Sebi) as more retail investors enter the markets, Sebi chairman Tuhin Kanta Pandey said on Monday, while giving some…

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