Public debt arises when government expenditures exceed its revenue from taxes and other sources, necessitating borrowing from domestic and international markets.In essence, public debt includes all liabilities of the central government funded through the Consolidated Fund of India. This debt is categorized into internal and external components, with internal debt further subdivided into marketable and
The Union Budget 2024 introduced significant changes in the taxation of mutual funds, impacting both short-term and long-term capital gains. Image: Shutterstock Sunainaa Chadha NEW DELHI Union Budget 2024 has introduced several changes to the tax rules for mutual fund investments. Let’s break down what this means for you: Short-Term Capital Gains (STCG) Click here
TUMPAT: The government should pay attention to the operations, assets, and appointments involving enforcement agencies at the Malaysia-Thailand maritime border in Kelantan, said the Enforcement Agency Integrity Commission (EAIC) chairman Tan Sri Dr Ismail Bakar. He said measures must be implemented to enhance the efficiency of enforcement agencies manning the country’s entry points. “In terms
“We expect to see more sales but house price inflation will be kept in check by more supply and affordability pressures keeping a lid on buying power, especially across southern England.”– Richard Donnell, executive director at Zoopla Zoopla predicts a positive second half of the year for housing market activity, despite stalling house price growth.
EVERETT — A lawsuit from neighbors could stop the city’s plans to shelter women and children in undeveloped land near the Phil Johnson Ballfields in south Everett. The city has earmarked $3 million of American Rescue Plan Act funding to build temporary housing. Since, Everett has built the 40-unit Pallet shelter managed by the Everett
The budget shocked investors with a change in capital gain structure but gave a relief to those investing in international funds. Finance Minister Nirmala Sitharaman announced a change in holding period, LTCG tax rate while keeping STCG tax rate unchanged for overseas FoFs (international funds), gold mutual funds, and equity FoFs.The holding period for equity
This article was originally published on January 4, 2022, and has been updated as of July 24, 2024. At a Glance Delaware law states that a stockholder vote is only necessary when a corporation sells “all or substantially all of its [] assets.” But the law stops short of defining “substantially all.” Instead, judges have