Facebook LinkedIn Twitter ITAT denies exemption to a charitable trust charging patients at market rates. Fernandez Foundation, Hyderabad (ITA No.1884 & 1885/Hyd/2019 and ITA No.299/Hyd/2020) Facts: The assessee was a private limited company and converted the said company into a Section 8 Company (Charitable company) under the Companies Act, 2013 Read more…
Facebook LinkedIn Twitter India’s housing market will remain resilient despite rising interest rates and a weak global economic outlook, according to a Reuters poll of property analysts who have barely changed their forecasts from three months ago. Defying a global trend of falling housing prices as mortgage rates rise and Read more…
Facebook LinkedIn Twitter After over a decade of experience of dealing with Retail Investors, it feels like the learnings from this book is something EVERY RETAIL INVESTOR MUST KNOW Here are 10 learnings from the book for every retail investor: Don’t try to time the market Time in the market Read more…
Facebook LinkedIn Twitter Don’t believe me? Read on. Our UPI is approved in ~18 countries and with 12 countries at MOU stage. Sooner than later 30 countries will be be exchanging currency with India bypassing the US Dollar. 34 countries have already agreed to trading in the INR. As of Read more…
Facebook LinkedIn Twitter GST Registration related: 1 At the time of gst registration now otp will be send on mobile no & email id registered with pan so that no one can get GST Registration without knowledge of PAN Holder. 2 GSTN is trying to implement bio-metric based aadhar authentication Read more…
Facebook LinkedIn Twitter Coca Cola Coca entered India in the 1980s, taking over 11 other Indian soft drink brands, the rest being taken over by Pepsi! No objection! No shouting* Amazon hasn’t left out every city!No resistance!No shouting! Courier services like Blue Dart, DHL & FedEx came and brought their Read more…
Facebook LinkedIn Twitter Shares of most Adani Group companies may have given superlative returns and some even turned multibaggers in the last 1 year, but Dalal Street’s two big bulls did not participate in this rally. Data shows that both foreign institutional investors (FIIs) and mutual funds (MFs) have consistently Read more…
Facebook LinkedIn Twitter — Loan Amount- 50 lakh to 30 Cr. — Minimum Turnover- 2 Cr for Mumbai, 5 Cr for other locations. — New companies with confirmed work orders from corporate can be considered. — LTV- Upto 200%. Case to case. — Rejected from Banks/ NBFC due to Low Read more…
Facebook LinkedIn Twitter Sensex was down 874.16 points or 1.45% at 59,330.90, and the Nifty was down 287.70 points or 1.61% at 17,604.30. About 870 shares have advanced, 2588 shares declined, and 97 shares are unchanged. Adani Enterprises, Adani Ports, SBI, ICICI Bank and IndusInd Bank were among the biggest Read more…
Facebook LinkedIn Twitter Following recent concerns, Adani Group has shared details of debit & leverage levels. Consol debt is at Rs1.6tn (ex shareholder sub-debt) & Debt/Ebitda is down from 4.3x in FY16 to 3.2x in FY22. Acquisition of cement business may add c.Rs600bn to debt, but also lift cashflow. Diversification Read more…