The income tax department views the sale of proceeds of such shares as “unexplained cash credit” or “unexplained money” subjecting it to a flat tax rate of 60%.
Indian stock markets are at a key turning point. Experts predict a strong rally over the next two to three years, potentially delivering 40-50% returns.
Wakefit Innovations, known for its mattresses, is launching its IPO with a positive grey market outlook. The company is raising over Rs 1,200 crore. Despite
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