Also, the company confirmed that it would offer a free specialised screen protector at select Samsung stores. Further, it will also provide a one-time screen replacement for $119. In India, Galaxy Z Flip owners will have to shell out nearly Rs 9,600 to fix the broken screen during the warranty period.Exclusive offer: Use code "BUDGET2020" and get Moneycontrol Pro's Subscription for as little as Rs 333/- for the first year. … [Read more...] about Samsung Galaxy Z Flip’s Ultra Thin Glass display fails scratch-test on YouTube video
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It was in 1996 that Indian markets switched over to Demat accounts. Before that stocks and shares used to be exchanged via physical receipts called certificates, which involves lengthy paperwork and takes up a lot of time. Demat accounts -- which allows the investor to hold securities in an electronic form -- let the investor buy and sell as well as transact not only shares and stocks but other products conveniently without the need of any sort of paperwork. A Demat (shortened form of dematerialised) account holds all the investments an individual makes -- be it in shares, exchange-traded funds, bonds and mutual funds, etc. -- in one place. If one wants to invest in stock markets it is the primary and utmost requirement that he open a Demat account. It makes the entire process of share trading easy, secure and speedy. … [Read more...] about Demat account opening: How to open demat account in India
As a result, some economic activity in the country has come to a standstill. Particularly affected is manufacturing, which saw many factories shut down for weeks and many still not back to full capacity. As a result, Apple said, “that worldwide iPhone supply will be temporarily constrained.” The company also said “that demand for our products within China has been affected” due to all of its retail stores and many third-party retailers having been closed amid the outbreak. … [Read more...] about Read Tim Cook’s email to Apple employees about the impact of coronavirus
Towards this end, and with an objective of enhancing the efficiency of the delivery system of the Income Tax Department, Budget 2020 proposes to amend the provisions of the Income Tax Act to mandate the CBDT to adopt a Taxpayers’ Charter. Once enacted, the details of the contents of the charter shall be notified. What is more crucial will be whether and how the CBDT will enforce these guidelines and how far taxpayer will really save themselves from harassment and actions taken against errant tax officials. … [Read more...] about Budget 2020| An unequivocal movement towards reducing tax litigation and improving effectiveness of tax administration
Total Income (INR)Extant Rates (per cent)Proposed Rates (per cent)Up to 250,000NilNilFrom 250,000 - 500,00055From 500,001 – 750,0002010From 750,001 – 1,000,00015From 1,000,001 – 1,250,0003020From 1,250,001 – 1,500,00025Above 1,500,00030While offered as a simple tax relief, many from the astute middle class are left pondering as to whether they should buy in to the new low tax regime. For the salaried class, the key deductions and exemptions required to be foregone include house rent allowance, leave travel concession, standard deduction, interest on housing loans, etc. For the business class these deductions also include tax incentives provided for special economic zones, incentives for investing in specified business, additional depreciation claims, etc. … [Read more...] about Budget 2020|Personal tax rate cuts – to elect or not to elect?