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Author: Nisha Chawla
She is an expert in Banking, Finance and working with an international bank. She sharing her ideas and knowledge with Business Khabar.
In the budget of the financial year 2023, Finance Minister Nirmala Sitharaman has made a provision to levy tax on digital assets at the rate of 30 percent (cess and surcharge in addition). ITR For Crypto Currency, NFT Income in FY 2022-23: In the budget of the financial year 2023, Finance Minister Nirmala Sitharaman has made a provision to levy tax on digital assets at the rate of 30 percent (cess and surcharge in addition). According to Revenue Secretary Tarun Bajaj, next year there will be a separate column in the ITR form in which taxpayers will be able to…
IPO craze: 65% issues hit in 1 year, 17 stocks increased wealth by 2 to 4 times, 23 returned more than 50%
Whether there has been ups and downs in the market during 1 year, the craze of the IPO market has not diminished. This can be gauged from the fact that 65 percent of the total listed stocks are such that they have given better returns than the issue price. IPO Market Performance: Talking about the last 1 year, this time has been for IPO. The year 2021 has been completely in favor of the primary market. Whether there has been ups and downs in the market, the craze of the IPO market has not diminished. One by one the companies…
New NFO: A new investment option is opening on February 4, you can earn well by investing only Rs 5000
New NFO: Axis Mutual Fund, one of the country’s leading asset management companies, has launched Axis Equity ETF FOF (Fund of Fund). New NFO: Axis Mutual Fund, one of the country’s leading asset management companies, has launched Axis Equity ETF FOF (Fund of Fund). Axis Equity ETFs FoF is an open-ended fund of funds scheme that will open for subscription tomorrow (February 4). Under this NFO (New Fund Offer), units of domestic equity ETF will be bought with the money of investors. This fund will track the Nifty 500 TRI Benchmark. 14% more revenue can be achieved from tax, revenue…
Cryptocurrency Tax Calculation 2022: What is the meaning of 30% tax on income from cryptocurrencies? How will this amount be added to the tax liability? Understand complete calculation from expert
Tax and investment expert Balwant Jain says that as per the budget memorandum, the total tax liability of an individual on investment in cryptocurrencies or other virtual digital assets will be the sum of the income arising from transfer or transaction of such assets. Cryptocurrency Tax Calculation 2022: Budget 2022 has announced a 30% tax on income from transfers of Virtual Digital Assets (VDA), including cryptocurrencies and NFTs, which has been welcomed by the crypto community. Even though the tax is very high, crypto investors are still happy that it has at least received some recognition from the taxation on…
Budget 2022: Online transactions in post offices and banks will be possible from any corner of the country, important announcement in the budget to increase digital payments
Budget 2022: Finance Minister Nirmala Sitharaman presented the budget for the financial year 2022-23 today. In this budget, announcements were made to connect remote areas with the financial system. Budget 2022: Union Finance Minister Nirmala Sitharaman presented the budget for the next financial year 2022-23 today. In this budget, announcements were made to connect remote areas with the financial system. The Finance Minister has announced the introduction of core-banking system in all post offices, whose benefit will be available to the people living in remote areas. Apart from this, the facility of sending money online in post offices and banks…
Budget 2022: Good news for NPS subscribers, the government made a big announcement in the budget
Central employees get up to 14% tax relief on contribution to NPS, while state employees get 10 percent. Now it has been decided to give 14% tax relief to the employees of the state as well. Budget 2022: Finance Minister Nirmala Sitharaman presented Budget 2022 on Tuesday. No change has been made in the income tax slab in this budget, although the government has given big relief to the government employees. The scope of tax exemption in the National Pension System (NPS) for government employees has been increased. The Finance Minister said that the government has decided to increase the…
Union Budget 2022: What has become cheap and what is expensive in the budget of the Finance Minister, how will it affect the pocket of the common man, see the full list
In the Union Budget of 2022-23, the Finance Minister has made many big announcements. After this budget, many commonly used items including mobile phones and mobile phone chargers will be cheaper. Union Budget 2022: Union Finance Minister Nirmala Sitharaman presented a growth-oriented budget today, Tuesday. In this budget, the Narendra Modi government has given the highest priority to infrastructure. The Finance Minister said that this budget will lay the foundation for economic development through public investment. In order to encourage private investment and development, capital expenditure has been increased by 35.4 percent to Rs 7.50 lakh crore in the budget.…
Many goods are cheaper on this government portal than Flipkart, Amazon, revealed in the Economic Survey
Under the Economic Survey, 22 products available on different portals including GeM have been compared. There are 10 such products, whose prices on GeM were about 9.5 percent lower than other portals. GeM Portal Cheaper than Amazon, Flipkart: The prices of some goods available on Government’s digital procurement portal Government e-Marketplace (GeM) are lower as compared to other online platforms like Amazon, Flipkart and company websites. This has been revealed in the Economic Survey 2021-22 presented on Monday. Under this, 22 products available on different portals including GeM have been compared. There are 10 such products, whose prices on GeM…
Chief Economic Advisor | Dr V Ananth Nageswaran appointed as Chief Economic Adviser to the Union Finance Ministry
New Delhi : According to a big news, Dr V Ananth Nageswaran has been appointed as the Chief Economic Advisor for the Union Finance Ministry. The government has made this announcement before the presentation of the Union Budget and the Economic Survey. Let us tell you that on February 1, Finance Minister Sitharaman will present the general budget in Parliament. Let us inform that, KV Subramaniam resigned on 17 December 2021 after three years in this post. After which Nageswaran has been appointed in his place. Nageshwaram has previously been a member of the Economic Advisory Council (EAC) of the…
Health Insurance: Why is it necessary to take a health insurance plan amidst rising inflation? Learn 3 big reasons for this
Health Insurance: Your treatment in the hospital is not limited to the expenses incurred during the admission. Many costs like pre-medical checkups, doctor’s fees and medicines are often more than your hospitalization charges. Health Insurance: Due to the corona epidemic, people are now understanding the importance of health insurance. Experts say that people have now started taking health insurance cover keeping in mind the expenses incurred in the hospital. There are many types of health insurance plans available in the market, so people should be careful in taking any plan and choose the right health insurance cover for themselves. This…