After you have understood and answered the primary questions, ‘What is income tax?’ and ‘How do I file an IRTR?’, the next in line is about how one can reduce their tax liability. For this, the government has included multiple provisions for exemptions and deductions that a taxpayer can claim to reduce the payable tax amount. One such provision is the deduction allowed under Section 80D.
India’s retail market has experienced remarkable growth over the past decade, expanding from ₹35 lakh crore in 2014 to ₹82 lakh crore in 2024, reflecting an annual growth rate of approximately 8.9%.
The Indian stock market has endured a turbulent February, marking its worst losing streak in nearly three decades. Investors who, just a few months ago, were riding high on record-breaking market rallies have now witnessed a significant downturn. Since hitting its all-time peak of 85,978 in September, the Sensex has plunged 12,780 points, a decline of nearly 15%. Meanwhile, the Nifty has fallen 16% from its record high of 26,277.35.
The EU and India have shared a dynamic trade relationship that has evolved over decades. The EU is India’s largest trading partner, accounting for €124 billion in goods trade in 2023, representing 12.2% of India’s total trade. This positions the EU ahead of the USA (10.8%) and China (10.5%) in trade with India. Conversely, India ranks as the EU’s 9th largest trading partner, contributing to 2.2% of the EU’s total goods trade in 2023.
Hasn’t buying eyeglasses been such a hassle for the longest time? It was as if multiple store visits because of
Investing in the stock market can be an exciting way to build wealth, especially by identifying good stocks with strong growth potential over time. The stocks under 50 may offer investors an opportunity to dive into potential growth without breaking the bank.
Union Bank is the fifth largest public sector bank of India with a customer base of over 21 crore Indians. In the consolidation drive, Andhra Bank and Corporation Bank were merged into Union Bank in April 2020.
In the bustling streets of India, a culinary revolution has been simmering, transforming a modest Himalayan dumpling into a colossal ₹30,000 crore industry. The momo, once a humble snack, has ascended to become a national obsession, captivating taste buds and carving a significant niche in the fast-food sector.
The Indian wires and cables industry has been rattled by a major development. On February 25, 2025, UltraTech Cement, a key player in the Aditya Birla Group, announced its entry into the sector with a substantial ₹1,800 crore investment. This move aligns with the company’s vision to expand as a full-scale building solutions provider. However, the news has triggered a sharp market reaction, causing notable stock volatility among established industry players.
India’s economic landscape in the October-December quarter of fiscal year 2024-25 exhibited a notable resurgence, primarily driven by enhanced rural demand and escalated government expenditure. This period marked a recovery from the preceding quarter’s deceleration, underscoring the dynamic interplay of policy measures and sectoral performances in shaping the nation’s Gross Domestic Product (GDP).
