This is a choppy market with downward bias *not a straightforward bearish market*
If you are trying to short any particular stock and not Nifty or BankNifty mostly you are getting hit at stops
All the updates of several companies at one place.
Rare but Multi bagger call will be shared at a price - What'sapp on my number for
Doubt me. You're the inspiration I need
Spoiledbrahmin's Posts
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Reputation: 1,182 • Feb 1, 2022 6:21 PM
Highlights of Union Budget 2022
Union FM says: In the third year of the pandemic, fiscal policy must exit from short-term relief measures with phasing out of the pandemic era exceptional expenditure support. As such, the focus must continue to remain on pushing the durable engine......read more
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Reputation: 1,182 • Feb 1, 2022 5:58 PM
Project imports and capital goods till 2025 , reasonable tariff needed, phasing out the concessional duties on capital goods, To encourage domestic manufacturing of goods
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Reputation: 1,182 • Feb 1, 2022 5:55 PM
Gross GST collection for January 2022 - Rs.1,40,986 crore - Highest since the inception of GST!
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Reputation: 1,182 • Feb 1, 2022 5:50 PM
Clarifies that surcharge and cess on income is not allowed as business expenditure
Surcharge on all Long Term Capital Gains (LTCG) capped at 15%
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Reputation: 1,182 • Feb 1, 2022 5:49 PM
Clarifies that surcharge and cess on income is not allowed as business expenditure
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Reputation: 1,182 • Feb 1, 2022 5:48 PM
A new provision - File an updated return on payment of additional tax within 2 years from the end of the assessment year.
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Reputation: 1,182 • Feb 1, 2022 5:48 PM
To include omitted incomes, for building trust among income tax assessees.
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Reputation: 1,182 • Feb 1, 2022 5:48 PM
An affirmative step to promote voluntary compliance and update the return by including omitted incomes.
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Reputation: 1,182 • Feb 1, 2022 5:47 PM
Reduced rates and surcharge for co-operatives to 15% and 7% (more than Rs.1 crore income up to Rs.10 crores) respectively
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Reputation: 1,182 • Feb 1, 2022 5:47 PM
Reduced AMT rate of 15% for Co Op banks and societs
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Reputation: 1,182 • Feb 1, 2022 5:47 PM
Section 80DD to include lumpsum annuity payment.
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Reputation: 1,182 • Feb 1, 2022 5:47 PM
Tax relief for person with a disability- Available to Parent/guardian of the differently-abled- Payment of Annuity or Lumpsum during the lifetime of parent or guardian, once parent or guardian has attained 60 years of age.
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Reputation: 1,182 • Feb 1, 2022 5:47 PM
NPS deduction- threshold limit increased from 10% to 14% for state government employees. It enables parity between employees of Central and State government employees.
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Reputation: 1,182 • Feb 1, 2022 5:46 PM
The benefit of reduced tax rate under Section 115BAB extended by another year upto 2024.
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Reputation: 1,182 • Feb 1, 2022 5:46 PM
Tax on transfer of bitcoins and similar - 30% tax!
Taxation for virtual digital asset - shall be taxed at 30%, no deduction allowed or set off with other income is disallowed. Further, TDS at 1% above a threshold, any gift also proposed to be taxed in the hands of the receiver. E......read more
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Reputation: 1,182 • Feb 1, 2022 5:36 PM
The revised fiscal deficit is estimated at 6.9% of GDP in 2022-23
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Reputation: 1,182 • Feb 1, 2022 5:35 PM
In 22-23, allocation of Rs.1 lakh crore to assist investment in states as a 50-year interest-free loan, over and above normal borrowings for the states
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