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I am the karta of an HUF, which has investments in mutual funds as well as equity, all in demat format. If I hold these accounts in this format, after my death what would be the process of transfer of assets and holdings to the surviving members of the HUF? Would there be tax liability on the gains after transfer? If I want to dissolve this HUF during my lifetime, what is the process? What will be the tax liability on the portfolio holding gains? Will these holdings be transferred, or can these be transmitted? Rajat Dutta, Founder & Initiator, Inheritance Needs Services: Karta is just a signatory (usually the oldest surviving male coparcener) of an HUF. On the demise of the karta, there is no case of transmission as the next seniormost male coparcener becomes the karta.

power stocks have soared up to 100% in FY24. While the BSE Power index has gained 28% in the ongoing financial year, Adani Power has doubled in less than 6 months. Shares of PSU Bharat Heavy Electricals Limited (BHEL), which manufactures power generation equipment, has grown 77% so far in FY24, while JSW Energy is also up 75%.

Tamil Nadu.Who is protesting and why? Farmer bodies, Kannada organisations, and opposition parties have called for a 'Bandh' today in the city to protest against the order of the Cauvery Water Management Authority (CWMA) directing the state to release 5000 cusecs of water to its neighbouring state, Tamil Nadu, for 15 days, effective September 13. Protests have been planned at Freedom Park, Raj Bhawan, and Town Hall by pro-Kannada organisations. However, the Police Commissioner warned that protests would only be allowed in Freedom Park.All political parties extend support Speaking on the bandh, BJP leader C T Ravi said, «Our State Party Chief and BS Yediyurappa declared support.

Read all the latest updates on Bengaluru Bandh here Bengaluru Police Commissioner B Dayananda said that Section 144 will be imposed in the city under which gatherings of more than five people will not be permitted. Yesterday, a meeting was held between two groups of activists and organisations--one led by farmer leader Kuruburu Shanthakumar who has called for a Bengaluru Bandh today, and another led by activist Vatal Nagaraj.

₹129.70 against the previous close of ₹127.35 and soon rose over 2 per cent to the level of ₹130.05 on BSE. Moody's Investors Service, a global rating agency, on Monday (September 25) upgraded the corporate family rating of Tata Steel from ‘Ba1’ to ‘Baa3’ and changed the outlook to ‘stable’ from ‘positive’.

Expert: Milan VaishnavThe markets tried hard to put a potential base in place as they consolidated and ended flat while Bank Nifty mildly outperformed. The Nifty started off on a flat note after trading flat in the first hour of the session.

Mahantesh Sabarad, Independent Market Expert, says the first reaction to that subsidy scheme on home loans is “let us wait and watch what the scheme details are before we jump into the NBFC bandwagon but the banking sector definitely will benefit, typically the PSU banks having the largest reach when it comes to home loans would typically gain.”What is your view on the real estate sector? It has been reported that the Indian government is considering spending Rs 600 billion ($7.2 billion) to provide subsidised loans for small urban housing over the next five years. Banks are likely to roll out the scheme in a couple of months, ahead of key state elections later this year and general elections due in mid-2024. How big a fillip could this be?A great kicker could come for the real estate sector if that scheme becomes a reality soon. I guess that typically the real estate market always relies on a lot of incentive-based kind of selling and if we are going to have a government incentive or a subsidy coming in on the interest side, it should give a great deal of fillip to the real estate sector and that is positive news.

Gaza Strip have found dozens of ancient graves, including two sarcophagi made of lead, in a Roman-era cemetery — a site dating back some 2,000 years that archaeologists describe as the largest cemetery discovered in Gaza. Workers came upon the site last year during the construction of an Egyptian-funded housing project near Jabaliya, in the northern Gaza Strip. Since then, crews have worked to excavate the 2,700-square-meter (2/3 acre) site with the support of French experts. Now, what was once an inconspicuous construction lot — surrounded by a grove of nondescript apartment buildings — has become a gold mine for archaeologists looking to understand more about the Gaza Strip. Gaza, a coastal enclave home to some 2.3 million people, has a rich history stemming from its location on ancient trade routes between Egypt and the Levant.

Stocks that were in focus included names like Ircon, which rose 1.24%, Delta Corp, which fell 17%, and Union Bank, whose shares jumped 1.89% on Monday. Here's what Avdhut Bagkar, Derivatives & Technical Research at StoxBox, recommends investors should do with these stocks when the market resumes trading today.Ircon International — BuyThe stock has doubled this year, delivering 150 percent returns, and trades with a most bullish bias. During this journey, the stock has established consecutive supports that keep on bolstering the upward trend. Immediate supports occur in the range of Rs 130-120, followed by Rs 100, its 50-SMA.

Check all LIVE Updates on Bengaluru Bandh hereAccording to BMTC, all routes of Bengaluru Metropolitan Transport Corporation will be operational as usual, news agency ANI has reportedKarnataka Chief Minister Siddaramaiah Monday said his government will not curtail the “Bengaluru bandh" called by some farmers' organisations on Tuesday as protests over the release of Cauvery river water to Tamil Nadu have intensified. The directive from the Cauvery Water Management Authority (CWMA) instructed Karnataka to extend the release of 5,000 cusecs of water to Tamil Nadu for an additional 15 days.

Day trading guide for today: After losing for fourt straight sessions, Indian stock market ended flat on Monday. Nifty 50 index ended marginaly higher at 19,674 levels, BSE Sensex finished 14 points higher at 66,023 mark whereas Bank Nifty index gained 154 points and closed at 44,766 levels. In broad market, small-cap index went up 0.12 per cent whereas mid-cap index surged 0.46 per cent during Monday deals.

The government has given big technology companies such as Meta and Google an opportunity to come back with a proposal on how to implement the age-gating provision for children under the Digital Personal Data Protection (DPDP) Act, 2023, minister of state for IT Rajeev Chandrasekhar told ET.Chandrasekhar held an industry consultation with large companies and policy experts last Wednesday and asked companies to engage with the government on what

If you’re in the middle of retirement planning, one of the risks you may want to consider is longevity. It’s a unique factor. It impacts everyone, it is impossible to forecast, and it changes over time with improvements in medical science.

Pension plans for the largest U.S. companies are at their healthiest in more than a decade — and that's largely good news for the workers who participate in such plans, said retirement experts.

Uttar Pradesh Police were dealing with a case involving a Muzaffarnagar school teacher who allegedly spurred students into slapping a classmate as punishment and made a communal remark. A division bench comprising justices AS Oka and Pankaj Mithal verbally observed that it had «serious objections» to the manner in which the probe was being dealt with by the UP Police. It ordered the UP government to nominate a senior IPS officer to head the probe into the case.

₹150 trillion mark in September, aided by Housing Development Finance Corp.’s and HDFC Bank’s merger, as well as sustained credit demand from individuals and small businesses. Following the merger of mortgage lender HDFC with India’s largest private lender, its loan book and deposits became part of the banking system. HDFC had assets of ₹7.2 trillion under management and deposits of ₹1.6 trillion as on 31 March.

Edited excerpts: What are the emerging areas you see in cybersecurity today? The top three evolving areas in cybersecurity according to me are—the use of AI, increasing regulations, and continuous monitoring. Generative AI is clearly big and has the potential to revolutionize many aspects of our lives. However, it also poses some security risks, such as data security, model security, bias and privacy.

Surat/Chennai: During his State visit to the US in June, Prime Minister Narendra Modi carried a unique gift for First Lady Jill Biden. It was a 7.5-carat diamond, neatly packed in an exquisite Kashmiri papier-mache box. It was not a diamond that had been mined from deep under the earth; instead, it had been grown in a laboratory in Surat, mimicking the conditions that create natural diamonds.

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The number of directors at S&P 500 companies who have cybersecurity experience has increased sharply since last year. But the amount of cybersecurity expertise on boards remains relatively low, at a time when boards are under increased scrutiny for security failings. As of Aug.

The shift in responsibility for Covid-19 shot distribution from federal agencies to the commercial market is off to a rocky start. People eager to get updated Covid-19 vaccines are having their appointments canceled or encountering confusion over insurance coverage. CVS said some appointments were rescheduled because of delivery delays.