Around a third of NSE 500 stocks are trading at valuations below their pre-Covid levels, based on PE and P/B ratios. Significant blue-chip companies such as HDFC Bank, Bharti Airtel, and Maruti Suzuki are 10-60% cheaper, indicating potential value buys…
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The income tax department is set to crack down on individuals and businesses that have failed to deduct and deposit TDS/TCS. Approximately 40,000 taxpayers from FY22-23 and FY23-24 are under scrutiny. This drive aims to penalize repeat offenders and correct…
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The United States has introduced a new ‘gold card’ visa programme requiring a $5 million investment, replacing the EB-5 visa. This initiative is intended to attract wealthy immigrants who will contribute to the US economy. However, it raises concerns for…
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G20-G20 finance ministers, central bankers to meet amid fractious geopolitics
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Sebi imposed a ₹5 crore penalty on Indian Clearing Corporation (ICCL) for non-compliance with cyber and network audit norms. ICCL failed to maintain updated inventory records, identify critical assets, and address cyber audit observations within the prescribed timelines.
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Insurers, including HDFC Life, are preparing for a significant legal battle with GST authorities over allegations of wrongful input tax credit claims on agent commissions. The Adjudicating Authority recently confirmed a ₹2,400 crore demand against HDFC Life, indicating a potential…
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