Tag: indian investors

The Union Budget 2022 is being presented at a very crucial juncture for the Indian economy and taxpayers. Covid 19 has resulted in the loss of employment or erosion of income for several personal taxpayers, increased medical expenses, and financial insecurity. Further, the fiscal stimulation measures and higher fiscal deficit have resulted in higher inflation. A major opportunity in investment for the modern generation is cryptocurrency. It is the need of the hour to Introduce clarity on the taxation of cryptocurrency transactions. Read more

Benchmark indices took a beating after hitting record highs earlier today, led by across the board selling. Indices fell ahead of the monthly settlement of futures and options contracts on Thursday. By the close, Indian investors had lost nearly Rs 2.26 lakh crore in wealth, with shares of the three most valuable companies seeing m-cap erosion of Rs 39,581 crore. IT and banking stocks were hit badly. 211 stocks hit their lower circuit limits. Select midcaps fell up to 7 percent. Read more