New Delhi, June 19 (IANS) The Leader of the Opposition in the Lok Sabha, Rahul Gandhi — who turned 56 on Friday — has assets worth Rs 20.4 crore, including stock investments, mutual funds, and sovereign gold bonds, according to his affidavit filed for the 2024 Lok Sabha elections.The affidavit — submitted to the Election Commission — provides details of Gandhi’s financial holdings as of March 15, 2024.According to the data, his total movable assets were valued at Rs 9.25 crore, while immovab…
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New Delhi, April 19 (IANS) Akshaya Tritiya is expected to generate business exceeding Rs 20,000 crore in gold and silver despite rising prices, a notable growth from last year’s estimated Rs 16,000 crore business on the auspicious occasion, the Confederation of All India Traders (CAIT) said on Sunday.Akshaya Tritiya has traditionally been one of India’s most auspicious occasions for purchasing gold, rooted in the belief that investments made on this day ensure lasting prosperity. “While go…
New Delhi, March 31 (IANS) As India approaches the new fiscal year FY27, the country’s direct tax system is set for a major overhaul from April 1, 2026, with the new Income Tax Act, 2025, coming into force — replacing the six-decade-old 1961 legislation and introducing changes in compliance, terminology and taxation.Major reform under the new framework is the replacement of the ‘Financial Year’ (FY) and ‘Assessment Year’ (AY) with a single ‘tax year’, which could simplify the filing process a…
Sovereign Gold Bonds (SGBs) have long been a popular investment for Indian residents looking for a secure, government-backed way to…