ConnectBiz Team 
The government has removed the discrepancy in the tax system. After this, foreign portfolio investors (FPIs) will not get the benefit of taxes on listed bonds, debts, date mutual funds and listed preference shares. It has been clarified in the general budget that FPI will have to pay long -term capital benefits (LTCG) at the … Read more
The situation may worsen due to the increase in the world on the trade front in the world. Experts have warned that the rapid trade war between the US, Canada, Mexico and China will increase the risk of foreign goods in Indian markets. US President Donald Trump has imposed a 25 percent fee on goods … Read more
Finance Minister Nirmala Sitharaman said on Sunday that India is moving towards the target of cutting debt, moving on the path of fiscal strength. He did not pay attention to that agencies like Moody’s have not increased India’s credibility despite all this. Sitharaman has a better balance between fiscal growth in FY 2025-26 with fiscal … Read more
Budget 2025: Finance Minister Nirmala Sitharaman has extended the registration deadline for startups to five years to 1 April 2030, which has raged a wave of joy in the startup ecosystem. Due to this expansion, startups recognized by the Department of Industry and Internal Trade Promotion (DPIT) will be able to avail tax exemption under … Read more
The government has estimated the securities transactions (STT) collection of Rs 78,000 crore for the financial year 2026. STT collection has also increased due to the rise in the stock market since Kovid-19. However, keeping in mind the current market situation and fresh regulatory changes, new projections are considered ambitious. The STT estimate for the … Read more
Finance Minister Nirmala Sitharaman presented the budget for the financial year on Saturday. In his budget, the Finance Minister has given a great proposal that mainly 10 million people living in rural India, who have joined the Self Help Group (SHGS), will get a credit score based on their performance. In the budget speech of … Read more
Budget 2025: Finance Minister Nirmala Sitharaman introduced the financial year on Saturday, February 1, whose main focus is on 4C – Capex, Consumption, Fiscal Consolidation and Employment Creation. Major steps have been taken to give relief to the middle class by changing the tax slab to give relief to the middle class, which is expected … Read more
Voltas Q3 Results: Voltas Limited (Voltas) has recorded a huge increase in its income and profit in the third quarter of FY 2025. The company’s total income increased by 18% annually to ₹ 3,110 crore, which is 10% more than estimates. However, the low margin (5.9%) of the Unitari Cooling Products (UCP) segment affected the … Read more
To detect the depth of the sea, a specially designed submarine to send scientists to the submarine Samudrayaan, the ambitious mission of India to be allocated Rs 600 crore for the ‘deep ocean campaign’ (Deep Ocean Mission) in Central Budget 2025-26 Has got a boost from The Ministry of Earth Sciences is responsible for this … Read more
In Budget 2025, Finance Minister Nirmala Sitharaman has retained the benefit of standard deduction in both old and new tax systems for employees and pensioners who get salary. However, there were speculations that the government could increase it to give relief to the middle class, but it did not happen. Explain that standard deduction is … Read more