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False Stability

India approaches the Union Budget with a troubling paradox. Inflation is low, prices appear contained, and stability is widely celebrated.

Centre grants tax benefit status to IREDA bonds

The Central Board of Direct Taxes (CBDT) has notified bonds issued by the Indian Renewable Energy Development Agency Ltd (IREDA) as “long-term specified asset” under section 54EC of the Income-tax Act, 1961.

Understand Gignomics

Not an employee. No Employer. No fixed working hours. Unlimited Income. Work flexibility. Freedom to work or not on any given day. These are the apparent and enviable characteristics of a gig worker. A utopian situation indeed! But the details show there is more to it than meets the eye.

Billionaire Tax

The notion of imposing additional taxes on billionaires has resurfaced, with the Congress party urging Prime Minister Narendra Modi to consider such measures.

Model to watch

In the ever-evolving landscape of finance, 2024 seems poised to usher in a resurgence of interest in convertible bonds. These financial chameleons, offering a steady income while retaining the capacity to transform into shares at predetermined prices, appear set for a revival.