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DOMS Industries faces ₹6.07 cr tax demand from Income Tax Dept

DOMS Industries Limited received a demand notice of ₹ 6,07,83,850 from the Income Tax Department for the assessment year 2020-21. The demand relates to the disallowance of a concessional tax rate under Section 115BAA. The company received the order on…

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Govt developing industrial corridor projects to compete with world’s top manufacturing and investment destinations

The government is advancing industrial corridor projects under the National Industrial Corridor Development Programme (NICDP) to boost India’s competitiveness in global manufacturing and investment.

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Indian IT industry to see 30-35 pc high demand for niche tech roles in 2025

The Indian IT industry is projected to see 30-35 per cent increased demand for highly-specialised tech roles in 2025, along with increased spending on upskilling in the coming years, according to a new report.

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advisorsindia.in blogs

SIP Vs. Mutual Fund: What is the Difference?

SIP Vs. Mutual Fund: What is the Difference? Investors often use the terms Systematic Investment Plan (SIP) and mutual funds interchangeably, which can lead to confusion. While both are essential tools in wealth creation, they serve different purposes in the…

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Google-backed Pixxel raises additional $24 mn in Series B round

The funds will enable Pixxel to accelerate the development and launch of its entire constellation of 18 commercial hyperspectral satellites planned for the near future, Pixxel said.

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Edge AI chip startup Netrasemi raises Rs 10 crore in pre-Series A round from Unicorn India Ventures

Anil Joshi, Managing Partner, Unicorn India Ventures, said, “There are attractive opportunities in the Edge AI software market and there is absolutely no denying that the AI industry has the potential to transform various sectors. The funding accelerates Netrasemi’s mission…

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Dream Money to shut ops on July 30 within a year of launch: What happens to your mutual funds, FDs and digital gold
Dream Sports will shut down its fintech platform Dream Money on July 30. Here's what happens to your mutual funds, fixed deposits and digital gold.
Selling property or stocks? These 5 smart hacks can help you save capital gains tax
Capital gains tax can be minimized through strategic planning and compliance with the Income Tax Act. Taxpayers may claim exemptions, utilize capital losses, consider holding periods, maintain accurate records, and time sales effectively to reduce their tax liability legally.
FCNR deposits are a 'no-brainer' for NRIs, so what may be holding them back? Zerodha's Nithin Kamath explains
Zerodha's Nithin Kamath highlights long account-opening processes as a barrier for NRIs to benefit from FCNR deposits. The RBI's favorable changes make it easier, but slow onboarding could diminish interest. 
Performance-linked mutual fund fee vs TER: How SEBI’s new model works and why fund houses are hesitant
SEBI has proposed a performance-based fee framework for mutual funds, linking fees to a fund's performance rather than a fixed ratio. However, industry hesitance stems from operational challenges and complexities associated with variable fee structures.
Microsoft, Nvidia, Apple to Amazon - lose $2.3 trillion in June: Is it time to trim your US tech stocks?
The Magnificent Seven tech stocks lost $2.3 trillion in value in June due to uncertainty over AI investments. Major declines were noted for Microsoft and Nvidia. Investors are advised to diversify portfolios and consider market concentration to mitigate risks amidst fluctuating valuations.
ITR filing 2026: 6 costly mistakes salaried taxpayers should avoid before 31 July deadline
As the last date of filing ITR looms closer, it is important to be careful about certain key factors. These include choosing the right ITR form and regime, and cross-verifying taxable income against the disclosures made in AIS/TIS.
New vs old regime: Earning ₹20 LPA? Here's which regime saves you over ₹1 lakh
The tax regime choice becomes more nuanced at a ₹20 lakh annual salary, where the Section 87A rebate is no longer available. A comparison shows whether common deductions under the old regime can outweigh the new regime's lower tax rates.
NRI selling investments? Here's how you can save capital gains tax
Section 215 of the Income Tax Act, 2025 allows eligible NRIs to claim exemption from long-term capital gains tax. But the benefit is available only if strict conditions on investment source and reinvestment are met.
Low-volatility mutual funds: Should you invest? Here's what experts say
Low-volatility mutual funds seek to cushion market downturns while keeping investors invested in equities. Understand how the strategy works and who should consider it.
From ITR to Aadhaar: Key financial changes kicking in from July 1
Several financial changes come into effect from 1 July, including revised ITR filing deadlines, free Aadhaar email updates and new RBI rules against bank mis-selling. Here's how they could affect you.