Search For "tax"
India's Budget 2026 Aims to Build Services, Digital Infrastructure and Lon
Updated : 1 month, 3 weeks ago IST
New Delhi [India], February 3: India's Union Budget 2026-27 has elicited strong reactions from industry leaders, particularly in services, technology, real estate and advisory sectors. Across responses, a common theme emerges: policymakers have sought to position India for long-term growth b
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STT hike unlikely to curb speculation, says Zerodha founder Nithin Kamath
Updated : 1 month, 3 weeks ago IST
Zerodha founder and CEO Nithin Kamath has said the hike in the Securities Transaction Tax (STT) announced in the Union Budget 2026 is unlikely to reduce speculative activity in India's derivatives markets.
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"India deserves a better Opposition party": FM Sitharaman responds to Rahu
Updated : 1 month, 3 weeks ago IST
"He is the leader of Opposition in Lok Sabha. I want to take him seriously, and I want to take his observations seriously to see if things can be done better. But most often, I think he shoots from his hip," she said, adding that policy critique must be rooted in facts. According to her,
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Reforms in direct taxes ensure taxpayers can manage liabilities, reduce di
Updated : 1 month, 3 weeks ago IST
While speaking at a post-Budget interactive session organised by the Confederation of Indian Industry (CII), the Secretary highlighted key reforms in direct taxation, and noted that the timeline for revising income tax returns has been extended by one quarter, giving taxpayers additional tim
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SBI Life Insurance registers New Business Premium of ₹31,326 crores for th
Updated : 1 month, 3 weeks ago IST
Mumbai (Maharashtra) [India], February 2: SBI Life Insurance, one of the leading life insurers in the country registered a New Business Premium of ₹31,326 crores for the period ended on 31st December, 2025 vis-a-vis ₹26,256 crores for the period ended 31st December, 2024. Regular premium has
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Pakistan: Father files FIR against Jinns after son's abduction
Updated : 1 month, 3 weeks ago IST
In a bizarre and unusual incident, police in Pakistan's Rawalpindi district have registered a case of abduction against a "jinn" (supernatural spirit) following the disappearance of a minor boy.
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Hike in STT on F&O is to discourage speculative trading: Nirmala Sitharama
Updated : 1 month, 3 weeks ago IST
A day after Budget announcement, Union Finance Minister Nirmala Sitharaman said on Monday the hike in Securities Transaction Tax (STT) on futures and options (F&O) was to discourage investors from getting into speculative trading.
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Trading volume will hold steady despite higher STT imposed in Budget 2026:
Updated : 1 month, 3 weeks ago IST
"Nonetheless, some moderation in derivatives activity remains a risk, which could translate into lower trading turnover and consequently softer brokerage volumes and revenues from the derivatives segment for the securities broking industry," ICRA said. The proposed increase in STT on F&am
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Budget reinforces long-term biopharma growth despite no new tax incentives
Updated : 1 month, 3 weeks ago IST
The Union Budget 2026 has signalled a sustained policy push for India's pharmaceutical and life sciences sector, with a strong emphasis on biopharma innovation, research infrastructure and affordability, even as direct tax incentives remain unchanged, noted EY's Budget sectoral alert.
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Budget fulfils aspirations of Uttar Pradesh: UP CM Yogi Adityanath
Updated : 1 month, 3 weeks ago IST
Uttar Pradesh Chief Minister Yogi Adityanath on Monday lauded the Union Budget 2026-27, asserting that the budget fulfils the aspirations of Uttar Pradesh with its special focus on Micro Small, and Medium Enterprises (MSME) sector.
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Nifty gain 0.3%, Sensex jumps 372 pts in opening on Monday, post heavy bud
Updated : 1 month, 3 weeks ago IST
Domestic stock markets recovered from early losses and moved into positive territory in early trade on Monday after opening lower amid selling pressure triggered by the hike in Securities Transaction Tax (STT) announced in the Union Budget.
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C J Roy death case: Kerala CM Vijayan writes to FM Sitaraman seeking judic
Updated : 1 month, 3 weeks ago IST
In the strongly worded letter, the Chief Minister termed the incident a "blot on the country's tax administration" and raised serious concerns about alleged procedural lapses during the search. He questioned how Roy was able to access a loaded gun while officials were present, calling it
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