ConnectBiz Team 
In the Union Budget, the liberalized money promotion scheme (LRS) has been proposed to increase the tax collection (TCS) limit from Rs 7 lakh to Rs 10 lakh. This is expected to increase tax compliance along with benefits from travel and foreign currency exchange areas. While presenting the Union Budget of 2025-26, Finance Minister Nirmala … Read more
Next week, a delegation of investors of European Free Trade Association (EFTA) with 4 member countries will come to India. This includes Iceland, Switzerland, Norway and Liechtenstein. Commerce and Industry Minister Piyush Goyal said that the delegation would seek the possibility of business opportunities and investment agreements in India. Representatives of EFTA will be in … Read more
Despite increasing the stock market fluctuations in January, derivative business did not rise much. The average daily business (ADTV) for the futures and options (F&O) segment reached Rs 298 lakh crore, which is an increase of 6.44 per cent on a monthly basis. However, this is still 44 percent less than the high level of … Read more
The BSE has launched the Sensex derivative contracts at the International Finain Services Center (IFSC) in Gifty City, Gujarat. The US dollar-centered contracts will have a business on India International Exchange (India INX) which is a BSE stock exchange for gift-IFSC. The new contracts are for 22-hour trading untrue and they will enable Vaisti businessmen … Read more
The ratio of people having several demat accounts with a PAN (permanent account number) has increased 504 times since 2016-17. According to data received from a study published in the bulletin this month of the market regulator SEBI, in FY 2017, a total of 61.8 lakh unique PANs were associated with two or more demat … Read more
TVS Holdings Limited successfully acquired 80.74 percent equity stake of Home Credit India Finance (Home Credit India) for Rs 554 crore. The company announced this today. The remaining 19.26 percent equity has been awarded by Premji Invest and other colleagues of TVS Holdings. After this deal, the group intends to increase the loan accounts to … Read more
India and Britain can resume a conversation on the Free Trade Agreement (FTA) at the end of this month after nearly a year of blockage. Two people who have been aware of the case told business standard that a team led by Britain’s trade and commerce minister Jonathan Reynolds will come to New Delhi on … Read more
India’s eighth largest fund company AI is registering reforms in the returns of XI Mutual Fund Equity Fund. Restoration is now being witnessed in the company’s plans after the pressure of the return chart for almost two years. Many E Quit and hybrid funds of the fund company have now come in their own categories … Read more
In January, the two -wheeler (2W) vehicle market performed mixed with mixed. Some companies saw an increase in sales and some looked in sales of the company. The domestic sales of companies making leading two -wheelers like Royal Enfield, TVS Motor and Suzuki Motorcycle increased domestic sales compared to January 2024. At the same time, … Read more
At one time, buyers of other states in Delhi used to come to buy campaigning material during a large scale election. But now even during the Delhi Assembly elections, there has been a tota of buyers for publicity material traders. According to traders, the business of campaigning material in Delhi is now dying. This time … Read more