Page 44 - Sunainaa Chadha

Budget 2025: What is Direct Tax Code and will it replace Income Tax Act?

The Direct Tax Code is expected to be introduced in Budget 2025 and implemented gradually thereafter. The government is following a consultative process to ensure smooth implementation.

Bollywood actor Amitabh Bachchan sells duplex flat in Mumbai for Rs 83 cr

Square Yards' analysis, based on a review of IGR registration documents, reveals that the duplex apartment was purchased by Bachchan for Rs 31 crore in April 2021 and was currently sold for Rs 83 cr.

Most expensive deal of 2024: Metro promoters buy Rs 405 cr home in Mumbai

Metro Group Promoters purchased their home in the iconic Palais Royale in Worli, Mumbai, for Rs 405 cr. This marked a 31% increase vs the most expensive home sale of 2024

At 30%, Delhi-NCR sees highest increase in housing prices in 2024

Anarock noted that Delhi-NCR recorded the "highest yearly jump of 30 per cent in average residential price --"from Rs 5,800 per sq ft in 2023 to nearly Rs 7,550 per sq ft in 2024."

Flats priced above Rs 5 cr see 80% growth, 15,532 such homes sold in 2024

Around 302,000 housing units got launched during 2024, the highest ever annual residential supply across top 7 cities.

Apartment spanning three floors sold in Mumbai's BKC for Rs 99 crore

A triplex has been sold in the Mumbai real estate market's Bandra Kurla Complex (BKC) area for Rs 99 crore, according to the property registration documents accessed by IndexpTap.com

DLF firm Sidhant Real Estate buys bungalow in Lutyen's Delhi for Rs 150 cr

The firm acquired the bungalow from Rangoli Resorts

11 banks in India currently offer 8% and above interest on FDs: Full list

Among the highest fixed deposit rates available in India right now, small finance banks dominate the scene.

How should rich invest in 2025? Healthcare, IT, Fin services to outperform

ient Associates (CA) Releases Equity Assessment 2025 Report Equity Market Outlook: Cautious Optimism for Indian Equities with Healthcare, IT, and Financial Services Leading the Charge

NCR leads land dealings in 2024 with 38 transactions: Top 10 biggest ones

NCR saw the highest number of deals (38) for approx. 417 acres, earmarked largely for residential (31), 3 deals for commercial projects, 2 for Industrial & Logistics Parks.

Opportunities in uncertainty: Motilal Oswal explains how to invest in 2025

The medium-term outlook for Indian equities remains positive. Fixed income strategies should focus on accrual and high-yield investments, while gold and real estate show positive growth prospects.

Air India flight sale: 10% discount on app, no convenience fee, card offers

Travellers can apply the promo code 'APPFEST' during the booking flow when booking through the Air India mobile app to enjoy up to 10% off the all- inclusive fares.

Rs 4 crore+ luxury home sales rise 53% as upper-middle class drives demand

The Delhi-NCR region emerged as the largest market for luxury homes, recording a substantial rise in sales. In 2024, the region saw 10,500 units sold, compared to just 5,525 units in the previous year

Dream11 CEO Harsh Jain buys Rs 138 crore flat in Mumbai's Malabar Hill

Lodha Malabar is an upcoming ultra-premium residential tower on Walkeshwar Road, South Mumbai.

Best and worst performing mutual funds of 2024: Motilal Oswal, Invesco top

Motilal Oswal Flexi Cap Fund-Reg(G) led the category with a return of 45.7%, followed by Invesco India Flexi Cap Fund-Reg(G) at 34.4%, and JM Flexi Cap Fund-Reg(G) with a return of 33.3%.

Mutual Funds: Manufacturing, infrastructure best-performing themes in 2024

Of the total net collection in sectoral and thematic funds in 2024, Manufacturing, Infrastructure, & Energy together contributed 56%, followed by 9% by FMCG, 6% in Business Cycle and 5% in PSU.

Income Tax can seize properties even if real owner is untraceable: Court

The ruling clarifies that properties can be attached even if the person who financed the purchase cannot be identified, sending a strong message against fraudulent property transactions in India.

Nearly 19,000 flats priced Rs 2-5 cr sold in NCR in 2024, 84% sales growth

Properties priced above Rs 1 crore have contributed to 80% of the total residential sales volume in the region.

Redemptions from equity funds increase by 40% to Rs 4,645 billion in 2024

Despite the rising equity AUM, market indices such as the Nifty-50 witnessed a modest 9% YoY increase in 2024, with a 2% MoM decline in December 2024.

239 NFOs in 2024, HDFC Manufacturing Fund leads with Rs 12,500 Cr inflows

Thematic and sectoral funds stood out as top choices for investors, reflecting a shift towards more focused and innovative investment options