Haryana govt has a new formula to calculate house tax: Here’s what has changed

China’s new tax regulations taking effect on Friday will impose taxes on offshore trusts and their associated incomes. A twenty percent tax rate will apply to asset transfers moving into these trusts. Annual income sourced from controlled offshore entities will also be taxed at twenty percent. In a bid to curb evasion, some foreign residents…

Sebi has barred Osiajee Texfab and its managing director from the securities market. The company’s shares allegedly saw manipulation through synchronised trades and misleading announcements. Sebi found significant trading activity from entities connected to the managing director’s husband. The textile firm’s claims of steady growth were contradicted by its revenue figures. This action follows Sebi’s…

A packed earnings day awaits Dalal Street, with Eternal, Nestlé India, IndusInd Bank and over 250 companies set to report June quarter results. Investors will also track BPCL, HPCL and Adani Group firms, while markets continue to react sharply to recent earnings from Bandhan Bank, TVS Motor and Bajaj Auto.