The middle class cheered as the Hon’ble Finance Minister announced significant cuts in personal tax rates for individuals and HUFs. The government vocalised its underlying intent to boost people’s income and stimulate demand and growth. However, the tax cuts are accompanied by a cost where taxpayer electing the lower tax regime would need to forego specified personal tax deductions and exemptions. … [Read more...] about Budget 2020|Personal tax rate cuts – to elect or not to elect?
While Biomilq has already proven that they were able to produce key components of breast milk, they’re aiming to replicate it as closely as possible. “The special thing about milk is its molecular complexity,” Strickland told a writer at New Harvest, a research institute focused on cellular agriculture and cultured animal products. “It’s got a constellation of components that all need to be there at optimal levels in order to support the growth of the human infant, as designed by 200 million years of evolutionary pressure. And so we think that in order for something to be nutritionally equivalent to breast milk, the complexity needs to resemble what we see in actual breast milk.” … [Read more...] about Scientists have figured out how to grow breast milk in a lab
Why do you need to open a Demat Account?With the entire financial platform of investing, trading and maintaining /holding stocks and shares switching over to electronic or digitised format, opening a Demat account has become a necessity of the day. Essential to trade in India’s stock exchanges, Demat accounts save time and offer the user a seamless and straightforward experience. the conversion of securities into different formats happen in no time. By giving instructions to your DP (depository participant) one can initiate dematerialisation formalities, i.e. to convert the physical share certificates into electronic form. … [Read more...] about Demat account opening: How to open demat account in India
Many double-income couples increase their home affordability using 40-45 per cent of their combined income. That is, if both husband and wife make Rs 1 lakh each a month, then the upper cap on the EMI would be 40 per cent of Rs 2 lakh, i.e., Rs 80,000. And this automatically increases the home loan amount accordingly. … [Read more...] about Home loan: How much can you afford?
The Market Podcast | Why Airtel rose despite AGR setback and what to do with DMart, Yes Bank and IRCTC DMart operator Avenue Supermarts' promoters may approve OFS worth Rs 3,500cr DMart owner Avenue Supermarts launches mega QIP to trim promoter stake … [Read more...] about India’s richest CEO: Avenue Supermarts’ Ignatius Navil Noronha has net worth of Rs 3,128cr