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What is cost inflation index for LTCG tax calculation under income tax rules?

If you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 59th part of this series, Riju Mehta explains the utility and relevance of cost inflation index.

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Using UPI data, govt cracks down on unregistered traders to boost GST revenue

The govt has clarified that hawkers and sales of exempted goods like bread will remain outside the GST ambit. Only sales of taxable goods, including items attracting 5% GST, including condiments will be scrutinised, besides those falling under the higher…

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Blinkit plans transition to inventory led model from September 1; pings sellers to switch

During the company’s January-March quarter earnings, Eternal’s chief financial officer Akshant Goyal had said that assuming Blinkit owned 100% of inventory in fiscal 2025, it would have ended up deploying less than Rs 1,000 crore in working capital. This accounts…

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InGovern seeks status of ESOP clawback from Rashmi Saluja, flags governance lapses at CHIL

InGovern Research urged Care Health Insurance Ltd (CHIL) to disclose details surrounding Rashmi Saluja’s ESOPs, citing governance lapses and regulatory breaches. The firm called for transparency on correspondence with IRDAI, legal opinions, and conflict of interest management. Pratap Venugopal denies…

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Flipkart to buy back $50 million in employee stock; 7,500 staff may benefit

Flipkart Esop buyback: Flipkart has completed a $50 million employee stock buyback, offering liquidity to around 7,000–7,500 staff at a time when the Walmart-owned ecommerce giant is looking to go public. The etailer is currently valued at about $35 billion,…

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Air India plane crash: Previous crew logged defect report related to flight’s stabilizer sensor, reveals probe findings

A preliminary report on the Air India Boeing 787-8 crash is out. The report reveals a previous crew logged a stabilizer sensor defect. An engineer cleared the aircraft after troubleshooting. During the flight, engine fuel cutoff switches activated. Pilots reported…

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News

  • Income-tax returns: Here's how to access, file and submit your ITR-1 form using the official e-filing portal

    Income-tax returns: Here's how to access and submit your ITR-1 form using the official e-filing portal

  • Want to retire early? Achieving FIRE strategy ‘never been easier’ says this investor — We explore the opportunities

    Grant Sabatier, author of ‘Financial Freedom’, asserts achieving FIRE is increasingly feasible, despite current challenges like inflation and housing costs. For those wanting to retire early, we explore the opportunities…

  • Stock vs MF: Can stock SIPs match the discipline of Mutual Fund investing? Expert on choosing the right strategy

    Investors often err by trying to time stock purchases. Stock SIPs allow regular investments in stocks, similar to mutual funds. While they can yield significant returns, they can also backfire. 

  • Market participation is not wealth creation: 5 mistakes retail investors should avoid

    Experts underscore that there is a world of difference between rebalancing your portfolio and churning it. The former is good, the latter not.

  • Investing discipline beats market predictions: Why experts want investors to ignore the noise

    Investing should be calm and research-based, not influenced by social media hype. Experts urge investors to validate sources, consider risks, and focus on data. Maintaining discipline and sticking to personal goals is crucial for long-term success in wealth creation.

  • Can a ₹15 lakh FD generate ₹1 lakh annual income? Here's the simple calculation

    A ₹15 lakh fixed deposit can deliver a steady annual income with the right interest rate. See how a ₹15 lakh FD can generate around ₹1 lakh yearly, compare current bank FD rates, and understand the impact of taxes before investing.

  • 8th pay commission to visit Mumbai railway depts for firsthand experience of working conditions — What's on the agenda?

    8th pay commission: The panel will visit various railway departments in Mumbai to gain firsthand experience of employees' working conditions. On the agenda is observation of daily operations, duties and job risks.  

  • ‘Doesn’t matter if you win…,’ Rafael Nadal on his hotel, sports ventures and what tennis taught him about investing

    ‘Doesn’t matter if you win or lose,’ Rafael Nadal on his business ventures and what tennis taught him about investing‘Doesn’t matter if you win or lose,’ Rafael Nadal on what tennis taught him about investing

  • Which equity mutual funds topped SIP returns? These AMCs dominated the rankings

    Small-cap and mid-cap funds dominated the SIP return charts over three, five and 10 years. The rankings also reveal a handful of AMCs that consistently produced some of the best-performing equity mutual funds.

  • DA hike, bonus, minimum wage increase — Here's what Himachal Pradesh State Forest Development Corporation staff will get

    DA hike: Himachal Pradesh State Forest Development Corporation (HPSFDC) employees are set to receive a 3% hike in dearness allowance, minimum wage hike, and bonus for staff who draw up to ₹21,000 monthly salary. 

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