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₹2000 are not allowed as a tax deduction. Section 80G allows donations made to specified relief funds and charitable institutions as a deduction from gross total income before arriving at taxable income. -Donations should be specifically given for the renovation/repair of the temple -Donors should collect the donation receipt -Donations exceeding Rs.

experts often point out that investors should buy undervalued stocks and sell them later at high prices to earn gains. It is also not considered prudent to buy when the stocks are rising into over-priced territory, or to sell in panic. They are told to stay away from irrational exuberance as well as from widespread panic.

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recorded their worst week in over two months clocking the biggest weekly losses, tracking mixed earnings and muted global cues. After the subdued start, a sharp cut in the middle derailed the momentum however, resilience in the select heavyweights in the final sessions trimmed losses. Nifty Bank also recorded biggest weekly fall in a year.

₹330 trillion. In FY24, nominal GDP size was ₹296.6 trillion, as per the first advance estimate released in December. An email sent to a finance ministry spokesperson on Friday seeking comment was unanswered till press time.

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As per a PwC study, around 175 arms of multinationals operating in India qualify for consideration under Organisation for Economic Co-operation and Development (OECD) Base Erosion and Profit Shifting (BEPS) 2.0 Pillar Two regulations.

Kansas City Chiefs will play Buffalo Bills today. This will be third occasions in four years that both teams square-off in the post-season. Kansas City Chiefs versus Buffalo Bills game will be played on Sunday, January 21 at Highmark Stadium, Orchard Park, New York. The kick off is scheduled at 6.30 pm (ET).

India is striving to establish reliable lithium supply to bolster its growing electric vehicle (EV) industry with its recent INR 200 crore investment in lithium exploration in Argentina by the Ministry of Mines. Despite these efforts, industry experts caution that the nation's lithium mining and processing sector is essentially starting from scratch, with limited immediate impact expected from the latest developments. Currently, India imports 100% of its lithium, with a significant portion (over 95%) sourced from China and Hong Kong.

A U.S. company's failed moonshot has ended with a fiery plunge over the South Pacific

Power consumption in the country witnessed an on-year rise of nearly 8 per cent to 1,221.15 billion units (BU) during the April-December period of this fiscal, indicating a surge in economic activities. Power consumption in the country stood at 1,132.11 BU in April-December 2022-23. Industry experts said that around eight per cent growth in power consumption in the first nine months of this fiscal year shows a surge in economic activities.

investments in generative AI (artificial intelligence), incentives from the government and open-source content can boost employment generation and reduce disparities in the country, say experts. Generative artificial intelligence refers to the use of new-age technology to create new content like text, images, music, audio, and videos. «Generative AI will boost new job roles and can help people with limited skill levels perform higher level jobs, thus reducing the economic divide», said Vishal Talwar, Director, IMT Ghaziabad in a statement.

Market expert Ajay Bagga says the worst seems to be definitely over for the IT sector but the recovery will be slow. As we saw from the order books and the commentary of sluggish order flows coming through, margins are not that great and expectation is that it could take two to three quarters for things to normalise. What will be critical is how soon can they get onto the bandwagon of things like generative AI and machine learning. Those are the value additions that the market is looking to reward. But the worst is definitely over.” What is the market telling you because the midcap rally continues unabated and some very sharp earnings reactions, be it on the positive side by the IT big boys or on the negative by an HDFC Bank or for that matter, even IndusInd and Unilever? Ajay Bagga: Yes, quite surprising moves, actually, if you see and most of the impact has been due to the FII moves. Rs 23,000 crore worth shares being sold in these first few days, which was a surprise. We were not expecting a selloff by the FIIs and especially not of this magnitude. Maybe it is related to some of the Chinese money or the foreign money invested in China getting withdrawn and we being a collateral damage within GEM funds. Maybe some part of it was that. But I do not think fundamentally the earnings were that bad for the banks or were that good for the IT companies to see such sharp reactions.

Students, parents, coaching institutes and education experts are divided over the Centre's new guidelines to regulate coaching centres in India, which came in the wake of an alarming rise in student suicides. While some have welcomed them as a good start, others say they can deprive students of the support system they need to crack competitive exams. Some of the stakeholders also said the guidelines will be difficult to enforce and may even lead to unfair practices. The new guidelines direct coaching centres, among various things, not to enrol students below 16, not make misleading promises, not charge exorbitant fees, ensure mental welfare of students and have an exit policy for those wanting to leave a course midway. «The issue is genuine, and that the government is concerned about this is heartening-but measures suggested will be very difficult to enforce,» said Narayanan Ramaswamy, national leader (education and skill development) at KPMG in India.

Exchange-traded fund experts anticipate spot bitcoin ETFs, which debuted this month, to spark a new wave of crypto products.

Ayodhya next week, brands are coming up with new initiatives to be a part of this historic event. Ayodhya has been buzzing ever since the announcement date of the inauguration of the temple was launched. The inauguration of the Ram Mandir on January 22 will mark a momentous occasion for devotees, establishing it as one of the most significant pilgrimage sites in India.

second in two weeks coinciding with online campaign events organised by Khan's Pakistan Tehreek-e-Insaf (PTI) party, news agency AFP reported. The event was due to broadcast PTI speeches by livestream.

BSE Sensex which posted its worst week in over two months. The broader indices comfortably achieved weekly gain of over one per cent, driven by a sharp rally by railway public-sector undertaking (PSU) stocks. The frontline indices grappled to gain momentum this week amid global uncertainties and lacklustre earnings by major companies so far.

ALSO READ: Krishna Janmabhoomi case: Supreme Court stays execution of Allahabad HC order on Shahi Idgah land survey "So far as the stance of the Union of India with reference to the matters of cryptocurrency arising in different states is concerned, the Additional Solicitor General of India seeks and is granted four weeks' time to file an appropriate affidavit," the bench ordered on Friday. Justice Kant, during the hearing, said the court only wants that there are appropriate safeguards to protect the common man from fraud and misuse of cryptocurrencies. "We are not experts on what kind of currencies you should have or regulate.

₹13,047 crore worth of Indian equities and the total inflow stands at ₹134 crore as of January 19, taking into account debt, hybrid, debt-VRR, and equities, according to National Securities Depository Ltd (NSDL) data. FPIs were big players in financial services and information technology (IT), according to analysts. "There is a sudden change in the strategy of the FPIs starting 17th January.

Canadian companies have lost a step when it comes to innovation, experts say, pointing toward Ottawa having work to do to turn around stagnating business investment and an over-reliance on temporary workers.