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Inmates can make ceramics or crochet at a federal prison in Lompoc, Calif. At a federal prison in Mendota, a few hours away, inmates can have a harmonica or play basketball on one of five facility courts. Those prisons represent possible landing places for FTX founder Sam Bankman-Fried, who will in coming months report to begin serving his 25-year sentence, imposed Thursday by U.S.

ITR filing: As the financial year 2023-24 is about to end, earning individuals are busy finding out ways to save money meant for the income tax outgo. Some smart taxpayers would be busy planning their income tax for the next financial year as well. For a married taxpayer belonging to the Hindu community, Zerodha founder & CEO Nithin Kamath has suggested a hack while planning one's income tax return (ITR) for the next financial year. Zerodha's Nithin Kamath said that a married earning individual belonging to the Hindu community can use HUF (Hindu Undivided Family) tax benefits and save income tax as HUF is treated as a separate entity. He said that all deduction applies separately in HUF along with the individual deductions. Kamath shared this income tax return hack through a social media post using his 'X' account.

deadline to claim income tax exemption set to expire on March 31, taxpayers are scurrying to invest in the tax-saving instruments before the financial year draws to a close. With financial markets closed until the start of the next financial year (2024-25), it is not possible to claim tax exemption via investment in equity instruments, one can – however – still invest in non-equity instruments such as tax-saving fixed deposits, insurance and PPF. Additionally, banks are open on March 31, so one can invest in these instruments in order to claim tax exemption.

Meta will be sunsetting Facebook News in early April for users in the U.S. and Australia as the platform further deemphasizes news and politics

Deliberations of the 16th Finance Commission (FC) are now proceeding in earnest. The appointment of the full commission only by the end of January has left it with just 19 months until end October 2025 to complete its work and submit its recommendations, well short of the full two years or so that is usually available. Fortunately, its terms of reference have been limited to the core issues mandated by the Constitution.

NEW YORK — Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud that unravelled with the collapse of FTX, once one of the world’s most popular platforms for exchanging digital currency.

A judge deciding how long former crypto mogul Sam Bankman-Fried will spend in prison has rejected arguments by his lawyer that leniency is warranted because customers will get back money they lost after the 2022 collapse of FTX

personal loan for business-related expenses is feasible. This is because many personal loans offer flexibility in fund usage. As long as you adhere to the lender’s eligibility requirements and repayment conditions, you’re generally free to utilise the funds for your business needs.

Nifty Bank closed above 47,000 on Thursday after 10 sessions. The index had closed at 47,282 on March 12. The Nifty Bank gained 338 points to close at 47,124, while on the weekly front, the index rose 0.5%. The Nifty50 gained more than 200 points to close at 22,326 on Thursday.

Nobody likes to be amidst a financial crisis. But when it comes, it comes unannounced. It can affect everything from your fuel bills to credit card dues. And one thing comes as a collateral damage: impact on your credit score. 

Also Read: Update FASTag KYC before March 31 deadline to avoid deactivation; Check steps, other details here 1. Tap on the ‘FASTag Recharge’ option in the ‘Bill Payments’ section. 2.

VIP Industries jumped nearly 15% on Thursday to hit the day’s high of Rs 534 on the NSE after a couple of domestic brokerages upgraded the stock following the company’s analyst meeting. Prabhudas Liladher and Centrum have raised their ratings on the stock to ‘Buy’ with a revision in their price targets. The stock provides valuation comfort on the back of correction and management's focus on innovation, premiumisation, and improving supply chain gaps is lending comfort to these brokerages.

It is believed that one should monitor their credit score regularly. It is recommended to check the CIBIL score at least once a year for a number of reasons. 

ETMutualFunds further analysed the data to find out which equity categories remained investors' favourite during the year. Also Read | 7 top-performing equity MF categories give over 45% return in FY24

ICICI Lombard General Insurance Company Ltd. rose 1.53 per cent to Rs 1688.3 in Thursday's trade as of 12:12PM (IST) even as the benchmark Nifty ruled at 22330.45, up 206.8 points. The scrip had closed at Rs 1662.7 in the previous session. The stock quoted a 52-week low of Rs 1056.0 and a high of Rs 1739.95. The company quoted a market-cap of Rs 82639.8 crore on the BSE.

Varun Gandhi has penned an emotional letter to his constituents in Pilibhit following the denial of a ticket for the upcoming Lok Sabha elections. Reflecting on his deep-rooted connection with the region since childhood, Gandhi reminisced about the fond memories that bind him to the land and its people. Gandhi's letter, infused with nostalgia, portrays Pilibhit not just as a workplace but as an intrinsic part of his identity. He recalled his first encounter with the region as a three-year-old in 1983, holding his mother's hand, unaware that it would shape his future endeavors. Expressing gratitude for the unwavering support of the people of Pilibhit over the years, he emphasized his commitment to serving them, irrespective of his official position. He stated, «My term as Pilibhit MP may be ending, but my relation with Pilibhit will not end till my last breath. I seek your blessings to continue to raise the voice of the common man, no matter what price I have to pay for it, 'Main aapka tha, hun aur rahunga'.»

The Hague Conference on Private International Law (HCCH) has initiated a project on digital asset tokenization. It aims to bring legal clarity to cross-border businesses engaging with digital assets.

BSE on Thursday, March 28, after brokerage firm Kotak Institutional Equities (Kotak Securities) initiated coverage on the stock with a buy recommendation. India Shelter share price opened at ₹608.65 against its previous close of ₹585.60 and soon rose about 5.7 per cent to hit the level of ₹618.75. Around 10:15 am, the stock traded 5.07 per cent higher at ₹615.30.

₹506.25 apiece. This uptick follows the company's March investor presentation, wherein it outlined key targets for FY25. These include achieving a double-digit revenue growth starting from Q4FY24, bolstering market share from H1FY25 onwards, and venturing into premium segments by tapping into new price points.

Stock Market News: On the last trading day of the fiscal year 2024, the domestic benchmark equity indices, the Sensex and the Nifty 50, began the day higher on Thursday, fuelled by gains in information technology stocks and financials. However, significant volatility is anticipated ahead of the monthly derivatives expiry. The Sensex opened higher by 269.86 points or 0.37% at 73,149.34 level while the Nifty 50 began at 22,163.60 level, up 73 points or 0.33%.

BSE Sensex was up 543.96 points, or 0.75%, at 73,540.27, while the Nifty 50 was trading 160.00 points, or 0.72%, higher at 22,283.65. The Nifty Midcap 100 and the Nifty Smallcap 100 indices were also trading with decent gains. Analysts believe that the Nifty 50 index sustaining above the 22,200 level may lead to further gains towards 22,400 and 22,500 levels in the coming days.