Diwali

Shining Bright: THESE 12 IPOs maintain higher premiums from their listing since last Diwali

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Shining Bright: THESE 12 IPOs maintain higher premiums from their listing since last Diwali

Following Diwali 2023, around 12 initial public offerings (IPOs) have consistently held higher premiums from their listing gains, with each one surpassing 100%. Leading this group is the Indian Renewable Energy Development Agency Ltd (IREDA), followed by Motisons Jewellers Ltd, DOMS Industries Ltd, among others. After Diwali 2023, there have been approximately 90 IPOs on … Read more

Received an expensive gift this Diwali? You may be liable to pay income tax on it—check details

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Received an expensive gift this Diwali? You may be liable to pay income tax on it—check details

Have you received an expensive gift from someone this Diwali? It could be an expensive watch, a rare painting, a piece of jewellery, or even a pair of branded shoes. Although a gift is typically considered tax-free, when its value is more than ₹50,000, it is liable to income tax in the hands of the … Read more