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Showing posts from November, 2022

IPO Listing During FY 2022-23 : A Look Back

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More than 100 listings, including both mainboard IPOs and SME IPOs, have taken place on the Indian stock market since April 2022. Market capitalization during this period was Rs 46,800 crore from mainboard IPOs and Rs 1,300 crore from SME IPOs. A total of Rs 21,000 crore was raised by the Life Insurance Corporation of India (LIC), making it the largest IPO in Indian history. This amount represents almost 44% of the total funds obtained from mainboard IPOs during the period. We discovered that 30% of SME IPOs raised 70%. Nifty began April 2022 at roughly 17,400, fell to a low of 15,200, more than 10% below the opening, and is now trading around 18,400, up more than 20% from the low. Due to various factors, including inflation, the Fed's rate hike, the situation in Ukraine, the rupee's decline against the dollar, tensions between India and China, and others, the market has experienced high volatility during this time. Companies from finance, information technology, health care, e...

Lay off's that shaking the world ; Effect and Ways to overcome

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<a href="https://www.freepik.com/free-photo/young-businessman-fired-looks-upset-has-pack-his-office-belongings-leave-work-place-new-worker-problems-occupation-stress-unemployment-new-way-life-end-career_11530139.htm#query=employee%20layoff&position=6&from_view=search&track=sph">Image by master1305</a> on Freepik One news that shook the world last month was the mass layoff of significant players in the market. There are many companies like Meta to Amazon, as well as tech companies like Twitter, Coinbase, Netflix, and so on... In many cases, layoffs are a last resort for companies that are struggling to stay afloat. They can be a way to reduce costs and make the company more attractive to investors. However, layoffs can also hurt morale and employee productivity. In his warning about the recession, Jeff Bezos, founder of Amazon, said people should avoid buying cars, TVs, and fridges to save money. According to Forbes, Amazon has laid off around 10,000 em...

The Complete Guide to Deduction Under Income Tax and How to Maximize Your Tax Savings for Individuals

What is a Deduction? Deductions are various claims that can be reduced from total income by which an assessee can reduce the overall tax liability. These claims can include making expenses and investments by the assessee. Various Deductions available ·        Sec 80C : Specified Investment o    Assessee eligible for deduction: Individual and HUF o    Deduction Available: Maximum of Rs 1,50,000 o    Eligible Investments: §   Life Insurance Premium (LIP) : LIP paid for self, spouse, children in case of individual and any of members in case of HUF shall be eligible for deduction. If the policy is issued before  1-04-2012 , the amount eligible for deduction shall be  premium paid or 20% of sum assured , whichever is lower. If policy issued on or after  01-04-2012 , the amount eligible for deduction shall be  premium paid or 10% of sum assure , whichever is lower. However in case...