GConnect Logitech shares debut at 5% premium on NSE SME platform
April 3rd, 2024 10:27
GConnect Logitech debuted on BSE SME with a 5% premium at Rs 42. The company offers logistics services like bulk load, FTL. E-commerce boosts sector. For the six months ended September 2023, the firm recorded Rs 2.12 crore revenue, Rs 23 lakh profit.
What type of gift is taxed and what is exempted? Arnav Pandya explains
April 3rd, 2024 10:27
Arnav Pandya explains income tax rules for gifts, highlighting exemptions for gifts from relatives like spouses, parents, and in-laws. Various types of gifts are taxable based on valuation and specific conditions, impacting both givers and receivers. Pandya says: "Any amount received from a relative, even if it is above 50,000 would not be taxed in the hands of the receiver ."
Bitcoin algos tracking ETF flows cited for token’s swings in Asia
April 3rd, 2024 10:27
Daily figures on the level of demand for these spot-Bitcoin ETFs propagate across the crypto market in Asian hours following the close of US share trading. On Tuesday, the digital asset embarked on its worst drop in a month in the Asian morning as the flows numbers pointed to investors pulling money out.
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