If your net income-tax liability exceeds Rs 10,000 in a financial year, you are required to pay advance tax in four installments as per the Income Tax Act, 1961. Net tax liability refers to the estimated tax due after adjusting for TDS. While this rule applies to most taxpayers, the law also provides key exemptions…
Paribu, one of Turkey’s largest digital asset platforms, has acquired crypto exchange CoinMENA for up to $240 million, marking the country’s biggest fintech acquisition and its first cross-border crypto deal, the company announced on Friday. CoinMENA, based in Bahrain and operating with licenses in both Bahrain and Dubai, is one of the top local exchanges…
NEW DELHI: Congress leaders on Friday launched a broadside against its Thiruvananthapuram MP Shashi Tharoor after he was invited for the Presidential dinner for Putin, while the government did not extend invites to Rahul Gandhi and Mallikarjun Kharge.Congress leader Pawan Khera said that members of Congress should understand the “game being played” by the Centre…
Bitcoin’s sharp pullback from its recent record high wiped out its year-to-date gains, and that’s led to questions about aggressive price targets for the cryptocurrency into 2026. But as important as where bitcoin’s price goes next is a question about the role bitcoin really serves in a portfolio: When will it consistently behave like a…
The US stock market edged closer to its all-time high on Friday, with Wall Street drifting toward the end of a relatively quiet week, AP reported. The S&P 500 rose 0.3% in early trade, leaving it just 0.2% below its record. The Dow Jones Industrial Average was up 46 points, or 0.1%, while the Nasdaq…
Catching up to the steep decline in the price of Strategy (MSTR), Cantor Fitzgerald’s Brett Knoblauch cut his 12-month price target for Strategy (MSTR) to $229 from $560, citing a weaker environment for raising capital tied to bitcoin BTC$90,977.49. The new target still suggests nearly 30% upside from the current price of $180, with Knoblauch…
NEW DELHI: Indian Railways on Friday deployed 116 extra coaches on 37 trains across multiple zones to cater to passengers facing travel disruptions due to the ongoing IndiGo crisis. The step follows a surge in demand as thousands seek alternative travel options amid mass cancellations and delays of flights.Northern Railways has also planned five special…
Check out the companies making headlines before the bell. Netflix , Warner Bros. Discovery — Shares of Netflix and Warner Bros. Discovery pulled back almost 3% and roughly 1%, respectively, after the streaming giant said Friday it’s reached a deal to buy WBD for $27.75 per share. Rubrik — Shares jumped nearly 19% after the…
India’s foreign exchange reserves fell by $1.877 billion to $686.227 billion for the week ended November 28, the Reserve Bank of India (RBI) said on Friday. The decline comes after a sharper $4.472 billion drop in the previous reporting week, when overall reserves slipped to $688.104 billion, PTI reported.According to RBI data, foreign currency assets…
By Francisco Rodrigues (All times ET unless indicated otherwise) Bitcoin is hovering around $91,300 after falling more than 2.2% in 24 hours, a better performance than the wider crypto market’s 3.2% drop as measured by the CoinDesk 20 (CD20) index. The backdrop is messy. A record-long U.S. government shutdown has delayed key labor reports, though…
