Beyond Financial News

Income Tax Department on April 12 said that the amended India-Mauritius protocol on the double taxation avoidance agreement (DTAA) is awaiting ratification and notification by the department, as per a PTI report. On March 7, 2024, India and Mauritius signed an amendment to the DTAA, introducing a principal purpose test (PPT) aimed at curtailing tax avoidance. The PPT ensures that treaty benefits are granted only for transactions with a genuine purpose, addressing concerns over tax avoidance.

Ryan Guzman, grapple with intricate relationships and personal growth. Episode 5, "You Don't Know Me," propels the narrative forward, especially in Eddie's interactions with Buck (Oliver Stark) and Marisol (Edy Ganem).

TCS) in the global consulting practice, has taken legal action against the tech giant, alleging discriminatory employment practices. In a lawsuit filed in a US court, Devorin claims that TCS exhibits bias towards H-1B visa-holder employees of Indian/South Asian origin while targeting older American workers for termination to make room for Indian nationals and «freshers». Devorin has demanded a jury trial to address these allegations of discrimination. According to the complaint, Devorin was informed in July last year that his team was disbanded, and he was required to apply for a consultant role directly on an engagement. Despite his persistent efforts through emails and applications, Devorin's attempts did not progress beyond the initial stage. He believes that the resource management group intentionally hindered his applications. In contrast, a younger Indian employee swiftly secured a role and was offered multiple positions, none of which were extended to Devorin.

As the rapidly evolving financial landscape pushes financial advisors toward a balanced of active and passive funds, asset managers have to rationalize their shelves accordingly to stay relevant. according to Cerulli’s latest research on asset and wealth management in the Americas.

unlocking a treasure trove of cultural richness and cognitive expansion. But this joy extends beyond mere communication. It encompasses a deeper connection with new cultures and the people who speak it.

By Mary-Jane Bennett

Fermi Paradox have stated that the contradiction between the high probability of alien life existing and the complete lack of evidence for it, may have been tied to the AI development among human on Earth. According to a report published by Michael Garrett, it is suggested that AI's evolution into Artificial Super Intelligence (ASI) could be the ‘Great Filter’, keeping alien evidence away. The Great Filter theory says that a hurdle that intelligent life must overcome to become advanced and interstellar.

Vaisakhi, which also marks the beginning of the harvest season, is primarily celebrated in Punjab and Northern India and also by the Indian diaspora across the globe. It is important to note that on the same day, other harvest festivals like Bohag Bihu in Assam and Vishu in Kerala are also celebrated. Besides the harvest festival, Vaisakhi also commemorates the formation of the Khalsa Panth by the tenth Guru Gobind Singh in 1699, symbolising courage, equality and the pursuit of justice.

equity markets through mutual funds, investors can choose from a wide variety of schemes like the smallcap, midcap fund or largecap fund, or choose a combination of the same under the flexicap fund. The capital market regulator has defined the top 100 companies by market value as largecap companies, the next 150 companies as midcap companies, and beyond the top 250 companies by market value are called smallcap companies. An investor can allocate funds across these different market cap companies either by choosing the amount to be allocated to each fund category individually or leaving the decision to a fund manager who would allocate across different categories of market caps dynamically depending on various factors like current market conditions, future growth outlook and relative valuations. It appears a large number of investors prefer to leave the judgment of allocation across the different market caps to the fund manager, as evidenced by the fact that the flexicap category is the largest category among all equity mutual fund schemes today commanding almost close to Rs 3.5 lakh crores worth of assets, which is larger than any category of mutual fund schemes.

₹12 lakh for breach of Code of Conduct during the Indian Premier League match against Gujarat Titans at the Sawai Mansingh Stadium in Jaipur on April 10. He has been fined after his team maintained a slow over rate during the match.

Avatar: The Last Airbender" is gearing up for its highly anticipated second season. The live-action adaptation has captured the hearts of fans worldwide, promising more excitement and adventure in the upcoming chapters. Renewal

Human Rights' (ECtHR) ruling on Tuesday in the case brought by Verein KlimaSeniorinnen Schweiz, a Swiss association of women senior citizens, breaks new ground by linking climate change to infringement of human rights, to the obligation of states to protect fundamental rights. The verdict makes it the state's duty to act to limit climate change.

Q4 results preview: Retail sector demand remains muted, soft recovery await in value space; Trent, DMart likely outliers According to brokerage firm Elara Capital, InterGlobe Aviation (Indigo) and SpiceJet are likely to report a combined adjusted profit after tax (PAT) of ₹23.4 billion in Q4FY24 versus ₹33.2 billion in Q3FY24 and ₹6.2 billion in Q4FY23. The firm further highlighted that FY25 may witness muted demand growth in the first half (H1) due to grounding of 75 fleet for Indigo and pilot issues at Vistara.

Scrabble is getting a bit of a makeover, at least in Europe

Hindustan Petroleum Corporation (HPCL), Bharat Petroleum Corporation (BPCL), Indian Oil Corporation Ltd (IOCL) saw their share prices rise up to 5% leading the gains for Nifty Oil & Gas index . Nifty Oil & Gas Index gained around 1.6%. Bharat Petroleum Corporation stood amongst largest gainers in Nifty -50 Stocks with gains of close to 3% .

Sensex, which crossed the 75,000 milestone in Tuesday's session, had broken the 25,000 barrier 10 years ago on May 16, 2014, when Prime Minister Narendra Modi won the Lok Sabha elections. This translates into a return of three times on the index itself. The market capitalisation of all BSE-listed stocks on that day 10 years ago was just Rs 81 lakh crore and has now jumped multi-fold to an all-time peak of Rs 400 lakh crore, making India the fifth largest stock market in the world.

China's insatiable territorial ambitions and blatant disregard for the sovereignty of other nations have become a grave threat to global peace and stability. The country's recent audacious move to assign Mandarin names to 30 locations in the Indian state of Arunachal Pradesh is a stark reminder of its brazen tactics to lay claim to territories beyond its borders. This cartographic aggression is part of Beijing's long-standing strategy to rewrite history and normalize its illegitimate territorial claims. It is the fourth such list of names released since 2017, following Indian Prime Minister Narendra Modi's visit to Arunachal Pradesh in March – a move that prompted China to lodge a baseless diplomatic protest, asserting that the state belongs to them. China's claims over Arunachal Pradesh stem from its belief that the state is part of «Zangnan» or «Southern Tibet,» a region it considers an integral part of its territory. However, this belief is rooted in a flawed understanding of history and a blatant disregard for India's sovereignty.

₹75,000-1 lakh, the retirement corpus required at age 50, on an inflation adjusted basis, would be ₹6-8 crore for a 35-year old. For this, the individual will need to invest ₹1.5- 2 lakh per month assuming return on investment of 10% per annum (p.a,). The amount to be invested if the individual wants to play safe and invest at 8% p.a.

While many are familiar with common tax-saving avenues such as Section 80C investments like PPF, ELSS, HRA, or home loan interest, there exist lesser-known strategies that can significantly benefit individuals seeking to minimise their tax burden. Today, we'll delve into five such lesser-known tax-saving tips that can assist not only employees but also business owners and freelancers in legally reducing their tax liabilities.

Freya Allan takes on the role of Iris, who inherits a rundown pub from her deceased father. Little does she know, the pub harbors a witch in the basement. The witch can communicate with the dead for only two minutes, after which it takes control. However, when people seek longer conversations, the situation spirals into chaos. Despite her father's warning on a videotape, Iris allows mourners to speak with their loved ones through Baghead, the witch. However, Baghead's ability to shapeshift into the person someone misses the most leads to unforeseen consequences. As Baghead gains more control, Iris struggles to contain the entity, culminating in a series of terrifying events.

Following the latest cryptocurrency events, BlockDAG knows how to run the market with unprecedented presale success. It is nearing $14.7M in its seventh batch, selling over 6.6 billion coins for 0.004, expected to generate 30,000x ROI post-launch.