If you are a start-up founder in India and have secured an exit for your business, here's how you can reinvest your money to potentially save on capital gains tax.

Start-up founder? Here's how you can save on capital gains tax

Last week, the US and Europe imposed a raft of fresh sanctions on Russian oil, with Washington targetting the country's top oil producers Lukoil and Rosneft

Reuters

United Breweries Ltd on Wednesday reported a 65 per cent decline in consolidated net profit to Rs 46.34 crore in the September quarter impacted by unusual monsoon hitting beer sales.
The company had posted a consolidated net profit of Rs 132.33 crore in the second quarter of the previous fiscal year, United Breweries Ltd (UBL) said in a regulatory filing.
Consolidated revenue from operations during the quarter stood at Rs 3,737.31 crore compared to Rs 4,743.56 crore in the corresponding period a year ago, it added.
Total expenses in the quarter under review were lower at Rs 3,686.37 crore as compared to Rs 4,575.68 crore, the company said.
UBL said its "total volume declined 3.4 per cent in Q2, with growth in mainly Maharashtra, Andhra Pradesh and Assam more than off-set by adverse weather across our footprint as well as stock-building in Q2-FY25 following the peak season impacted by national elections".
Premium volume grew 17 per cent in the quarter, it added.
The company said i

The company had posted a consolidated net profit of ₹132.33 crore in the second quarter of the previous fiscal year, United Breweries Ltd (UBL) said in a regulatory filing

Press Trust of India

Adobe MAX event highlights include AI assistant, Project Moonlight, more. iQOO 15 set for India launch on Nov 26. Battlefield RedSec released. OPPO Find X9 series launched. iOS 26.1 coming soon

Business Standard

Adobe and YouTube have partnered to integrate Premiere's mobile editing suite directly with YouTube Shorts, to soon let iPhone users create, edit, and publish short-form videos from a single workflow

Commerce and Industry Minister Piyush Goyal on Wednesday said it is important for the country to have resilient supply chains, control over key technologies and reducing overdependence on certain geographies.
He said the clarion call to promote swadeshi products is not just about making in India, designing or developing in India as it is key for the country's long-term growth and sovereignty.
He added that reducing dependence on foreign technologies, foreign weapons, foreign energy sources and foreign critical technologies is important for the country's growth.
"This decade in fact has given us several wake up calls, starting from Covid, how important is to have resilient supply chains, to have your own technologies, control over technologies, control over essential supplies in critical areas.
"How important it is to decouple in certain sectors and certain very important subjects, from overdependence on certain geographies. And therefore India today has resolved to move away from j

Piyush Goyal said the clarion call to promote swadeshi products is not just about making in India, designing or developing in India as it is key for the country's long-term growth and sovereignty

Heavy rains lashed different districts of Telangana on Wednesday due to the impact of severe cyclonic storm Montha, which crossed the coast in neighbouring Andhra Pradesh overnight.
In Telangana, Warangal, Mahabubabad, Yadadri Bhuvanagiri, Jangaon, Suryapet, Nalgonda, Nagarkurnool, Siddipet were among the districts that witnessed downpour, with rain lashing Hyderabad also.
Telangana Chief Minister A Revanth Reddy held a review meeting with senior officials with regard to the impact of cyclone Montha over Telangana.
Redlawada received 183.3 mm rainfall followed by Kalleda that received 159 mm, both in Warangal district, during 8.30 AM to 2 PM, the Telangana Development Planning Society said.
India Meteorological Department (IMD) issued a red alert for Mahabubabad, Warangal and Hanumakonda districts from 1 PM of Wednesday to 8.30 AM of October 30.  IMD warns very heavy to extremely heavy rainfall accompanied by thunderstorm, lightning and gusty winds (40-50 kmph) very likely to occur

Telangana Chief Minister A Revanth Reddy held a review meeting with senior officials with regard to the impact of cyclone Montha over Telangana

Infrastructure spends across projects have been pegged at Rs 35,151 crore or 87 per cent of the overall expenditure, as per an official statement

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Start-up founder? Here's how you can save on capital gains tax

If you are a start-up founder in India and have secured an exit for your business, here's how you can reinvest your money to potentially save on capital gains tax.

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