by AIP Online Bureau | Apr 10, 2022 | Eco/Invest/Demography, Facts, Wealth Management/ Philanthropy
The 2022-23 Budget has brought in clarity with regard to levy of income tax on crypto assets. From April 1, a 30 per cent income tax plus cess and surcharges will be levied on such transactions in the same manner as the tax law treats winnings from horse races or...
by AIP Online Bureau | Apr 10, 2022 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
Himanshu Srivastava, Associate Director – Manager Research, Morningstar India, said the inflow indicates that maybe foreign investors are almost done with the recalibration exercise of their portfolios owing to the current scenario. Also, the recent correction...
by AIP Online Bureau | Apr 10, 2022 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
India is the world’s second-biggest gold consumer after China. The imports are largely driven by the jewellery industry. The gems and jewellery exports during 2021-22 grew by about 50 per cent to about USD 39 billion India’s gold imports, which have a...
by AIP Online Bureau | Apr 10, 2022 | Eco/Invest/Demography, Indian News, Non-Life, Pandemic, Policy
Serum Institute of India has cut the price of its Covishield COVID-19 vaccine as the country plans to offer booster doses to all adults from Sunday. The price will drop to 225 rupees ($2.96) a dose from 600 rupees for private hospitals, the chief executive of SII said...
by AIP Online Bureau | Apr 10, 2022 | Eco/Invest/Demography, Indian News, Non-Life
Total EV sales had stood at 1,68,300 units in 2019-20 fiscal, it noted. According to the Federation of Automobile Dealers Associations (FADA), electric passenger vehicle retail sales stood at 17,802 during the last fiscal, up over three-fold from 4,984 units in FY21...
