Section 87A rebate confusion: Why taxpayers with capital beneficial properties are receiving notices
The Section 87A rebate, a key provision in India’s revenue tax regulation, has sparked confusion amongst taxpayers, particularly these with capital beneficial properties revenue. Whereas Funds 2025 elevated the rebate restrict to ₹12 lakh under the brand new regime, ambiguity stays over whether or not it applies when a taxpayer has each common revenue (like wage) and particular charge incomes, similar to Brief-Time period Capital Features (STCG).
The difficulty: Does the rebate apply to capital beneficial properties?
Taxpayers with complete revenue as much as ₹7 lakh under the brand new regime can declare a rebate, successfully lowering their tax legal responsibility to zero.Nonetheless, consultants say its utility to particular charge incomes like capital beneficial properties is unclear.“There is a matter with the applying of the Section 87A rebate, particularly for taxpayers with each common revenue and particular charge incomes similar to STCG. Whereas Funds 2025 clarified its exclusion for particular charge incomes, confusion persists on whether or not the rebate ought to be calculated on complete revenue or solely on the common revenue portion,” stated Yeeshu Sehgal, Head of Tax Markets, AKM World.
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Leveraged bets shrink amidst promote-off in Indian inventory markets
Margin loans used for buying and selling in Indian equities fell to its lowest stage since June, as merchants pared leveraged bets amid a protracted downturn within the nation’s $3.8 trillion inventory market.
Excellent margin loans have declined 14% this yr via finish-February to $8.2 billion, in keeping with knowledge from the Nationwide Inventory Change of India Ltd. compiled by Bloomberg. The contraction in speculative liquidity dangers amplifying volatility at a time when international funds have pulled practically $15 billion from native shares in 2025. The discount is in distinction to markets like Hong Kong, the place a frenzy round new share gross sales has seen retail buyers take $353 billion in margin loans.
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Trump delays Canada, Mexico tariffs for goods under USMCA
President Donald Trump exempted Mexican and Canadian goods coated by the North American commerce settlement generally known as USMCA from his 25% tariffs, providing main reprieves to the US’s two largest buying and selling companions.
Trump signed orders Thursday paring again the tariffs, that are associated to unlawful immigration and fentanyl monitoring, till April 2. That’s the date when the president is predicted to begin unveiling plans for so-known as reciprocal duties on nations all over the world in addition to sector-particular duties.
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Beginning March 7, Tamilnad Mercantile Financial institution will supply decrease dwelling mortgage charges: Verify particulars
Tamilnad Mercantile Financial institution (TMB) has introduced a revision in its Marginal Value of Funds Based mostly Lending Charge (MCLR) and Repo Linked Lending Charge (RLLR), efficient March 7, 2025. The financial institution has lowered the one-yr MCLR to 9.60% from the earlier 9.75%, whereas the RLLR has been revised all the way down to 9.25% from 9.45%.
The choice follows the financial institution’s ongoing changes to its lending charges, reflecting modifications in market situations and inside price constructions. The revised charges are anticipated to influence varied mortgage merchandise linked to the MCLR and RLLR benchmarks.
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Ladies are investing more in SIPs, lump sums than males, PhonePe knowledge finds
Ladies buyers in India are usually not simply catching up—they’re main the best way. Based on new knowledge from PhonePe Wealth, ladies are actually outpacing males in each Systematic Funding Plans (SIPs) and lump sum mutual fund investments, marking a major shift within the nation’s monetary panorama. Between January and December 2024, PhonePe analysed knowledge from 1 lakh ladies buyers, revealing how these ladies are embracing lengthy-time period investing with renewed confidence.
Feminine SIP transaction worth 22% larger than males’s
The findings are hanging. Ladies’s common SIP transaction worth is 22% larger than that of males, and in the case of lump sum investments, ladies are investing 45% more than their male counterparts. This pattern paints an image of ladies transferring away from conventional, conservative monetary habits and in the direction of a more proactive, diversified strategy to wealth creation.
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Ladies’s share in mutual funds doubles in 5 years, now at 33% of complete belongings
Ladies buyers are more and more making their mark within the mutual fund house, with their share of investments rising considerably over the previous 5 years.Based on the Affiliation of Mutual Funds in India (AMFI), ladies now maintain 33% of the entire particular person investor belongings under administration (AUM) as of March 2024. Their complete mutual fund investments have more than doubled, rising from ₹4.59 lakh crore in 2019 to ₹11.25 lakh crore in 2024, reflecting a powerful shift towards monetary independence and wealth creation.One of many key drivers of this progress has been the rising adoption of systematic funding plans (SIPs). Over the previous 5 years, complete SIP AUM has surged by more than 319%.
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Agility Robotics to launch first security-licensed humanoid robotic by finish of 2025, says CSO Daniel Diez
Agility Robotics, a number one developer of humanoid robots, is ready to launch the world’s first security-licensed humanoid robotic by the top of 2025. This milestone marks a major step within the evolution of automation, enabling robots to work safely alongside human staff without having security cages.Daniel Diez, Chief Technique Officer of Agility Robotics, emphasised the corporate’s mission to deal with the rising labour scarcity with its humanoid robots.
“Proper now, within the US alone, there are over 1,000,000 unfilled positions in supplies dealing with. These are repetitive, harm-susceptible jobs with excessive absenteeism and turnover. Humanoid robots with two legs and two arms are an amazing fill for that huge labour hole that retains rising,” Diez defined in a dialog with CNBC-TV18 on the Internet Summit in Qatar.
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All of the instruments content material creators must redefine storytelling
Tales similar to a retired instructor changing into a cooking sensation or an endearing grandmother-grandson duo from rural India capturing tens of millions of hearts have turn into more and more widespread, all because of content material creation.
India, with round 2.5-3.5 million content material creators, is seeing an enormous surge in content material creation and consumption. Content material creators are enjoying a essential position in bringing the richness of native customs, festivals, delicacies, and more to not simply individuals within the nation however past. Apparently, language ceases to be a barrier as their visuals — movies and photos — are understood universally.
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Zoho’s new composable structure goals to slash SaaS implementation delays, says CEO Mani Vembu
Zoho, the worldwide know-how firm, is ready to remodel SaaS implementation with its new composable structure platform, promising to considerably scale back deployment delays, in keeping with CEO Mani Vembu.The announcement comes at a vital time, with a current IDC research revealing that 75% of Indian enterprises face implementation delays, leading to substantial monetary losses.”The entire implementation delay occurs as a result of the necessities hold altering because the implementation grows, the combination challenges continue to grow,” Vembu acknowledged in an interview to CNBC-TV18. “So, we stated, let’s give a composable structure the place you possibly can combine and match the area-particular platforms with the purpose merchandise, wherever you want out-of-the-field performance.
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