🚨 New tax rules will come into effect across India from today.
New Tax regime will become default option from today.
Upto 3 lakh - 0
3-6 lakh - 5%
6-9 lakh - 10%
9-12 lakh - 15%
12-15 lakh - 20%
15 lakh & Plus - 30%
Under New Tax Regime, taxpayers no longer need to maintain a track record of travel tickets and rent receipts.
New Tax regime will become default option from today.
Upto 3 lakh - 0
3-6 lakh - 5%
6-9 lakh - 10%
9-12 lakh - 15%
12-15 lakh - 20%
15 lakh & Plus - 30%
Under New Tax Regime, taxpayers no longer need to maintain a track record of travel tickets and rent receipts.
Automobile sector : Mixed bag • Auto players displayed a mixed bag performance in March 2024. • The CV segment performed better than expectations, though it registered a decline in volumes on a y-o-y basis due to high base. • The PV and tractor segments performed broadly in line with expectations. The 2W segment missed estimates. • Preferred picks: Tata Motors, Bajaj Auto, Maruti Suzuki, and Hero MotoCorp. Auto Ancillaries: Bosch, Bharat Forge, Lumax Auto Technologies, Apollo Tyres, Sterling Tools, Subros, Exide Industries, Ramkrishna Forgings, and Sundram Fasteners
Key Highlights of RBI Monetary Policy- Status quo for the Seventh consecutive time; Neutral commentary maintained. • Reserve Bank of India (RBI) announced to keep Repo Rate unchanged at 6.50% this time too. • RBI kept CPI Inflation projection unchanged at 4.5% for FY25. In Q1FY25, it expects CPI inflation at 4.9%, Q2FY25 at 3.8%, Q3FY25 at 4.6% and 4.5% in Q4FY25. • RBI kept GDP growth projection unchanged for FY25 at 7%. In Q1FY25, it expects GDP growth at 7.1%, Q2FY25 at 6.9%, Q3FY25 at 7.0% and 7.0% in Q4FY25 with risk broadly balance. • Liquidity has eased in system in Feb & March, and it would remain flexible in liquidity management. Also decided to review LCR (Liquidity Coverage Ratio) framework for banks. View: Monetary policy was on expected lines. Monetary policy committee (MPC) kept its stance same as withdrawal from accommodation. RBI highlighted that strong growth momentum is giving policy space to focus on inflation. Goal is price stability during the growth period. On Inflation, RBI remain watchful due to volatile food inflation and higher crude prices but take comfort from benign core inflation trends. RBI remained cautious against premature easing. We remain positive on equity markets in the near-to-medium term with real estate, banks, consumer and engineering/capital goods as preferred sectors.
Forwarded from ArroGraph Official™ ❀
BLUECHIP_INVESTMENTS_WEEKLY_ISSUE_NO_23_15_to_21_APRIL_2024.pdf
9.2 MB
BLUECHIP_INVESTMENTS_WEEKLY_ISSUE_NO_23_15_to_21_APRIL_2024
Which candlestick is made at the bottom?
Anonymous Poll
39%
Bullish harami
20%
Bullish Kicker
21%
Bullish counter atteck
25%
Bullish engulfing
BLUECHIP_INVESTMENTS_WEEKLY_ISSUE_NO_24_22_to_28_APRIL_2024.pdf
13.2 MB
BLUECHIP_INVESTMENTS_WEEKLY_ISSUE_NO_24_22_to_28_APRIL_2024
BLUECHIP_INVESTMENTS_WEEKLY_ISSUE_NO_25_29_April_to_05_May_2024.pdf
13.6 MB
BLUECHIP_INVESTMENTS_WEEKLY_ISSUE_NO_25_29_April_to_05_May_2024.pdf
Market status on Tomorrow 01st May (Wednesday) on account of MAHARASHTRA DAY
Equity: Closed
Currency: Closed
Commodity Morning session: Closed
Commodity Evening session: Open
Equity: Closed
Currency: Closed
Commodity Morning session: Closed
Commodity Evening session: Open
SMART_INVESTMENTS_ENGLISH_WEEKLY_ISSUE_NO_13_06_to_11_MAY_2024.pdf
12.1 MB
SMART_INVESTMENTS_ENGLISH_WEEKLY_ISSUE_NO_13_06_to_11_MAY_2024