The Income-tax Act offers nine exemptions under Sections 54 to 54GB for capital gains tax if the gains or sale proceeds are reinvested in specified assets within prescribed timelines. The rules vary…
UPNEDA Director Ravinder Singh has directed public sector banks to accelerate loan disbursement under the PM Surya Ghar: Muft Bijli Yojana in Uttar Pradesh. At a review meeting in Lucknow, Singh instructed…
Stock exchanges BSE and NSE have imposed penalties totaling Rs 59.14 crore on three state-owned power companies, NTPC, SJVN, and REC, for non-compliance with SEBI listing regulations regarding board composition. The fines…
India will launch tokenised corporate bonds next month, with state-owned power financier REC issuing bonds worth less than Rs 5 billion, three sources told Reuters. The bonds will be settled using India's…
The Reserve Bank of India added REC, PFC, IRFC and HUDCO to its NBFC-Upper Layer list for FY27, subjecting them to bank-grade regulations. The revised list, released on August 6, marks the…
