‘Income Tax Bill likely to be taken up in Feb 7’s cabinet meeting’: Govt sources

‘Income Tax Bill likely to be taken up in Feb 7’s cabinet meeting’: Govt sources

The Union Cabinet is expected to approve the new Income Tax Bill on Friday, February 7, which could result in its introduction in the Lok Sabha early next week, government sources told Business Today. The purpose of the new Income Tax Bill is to simplify and streamline the tax process by replacing the current Income … Read more

Mutual fund SIPs for Rs 250 per month? Here's what Sebi chief Madhabi Buch says

Mutual fund SIPs for Rs 250 per month? Here's what Sebi chief Madhabi Buch says

Securities and Exchange Board of India (Sebi) chairperson Madhabi Puri Buch has informed that the capital markets regulator is working in tandem with mutual fund houses to bring down the minimum investment requirement under the systematic investment plans (SIPs). Madhabi Puri said that she asked some of the mutual fund houses whether an SIP of … Read more