Despite the strong rally seen in the previous session, the market faced pressure as traders reacted to uncertain external factors, leading to a volatile start to the trading day.
In a positive economic development, the government announced that July's Gross Goods and Services Tax (GST) collections have surged by 10.3%, reaching over Rs 1.82 lakh crore. This marks a significant improvement from the same period last year.
The Nifty rose by 59.75 points to reach a new all-time high of 25,010.90, while the Sensex climbed 126.21 points to close at a record high of 81,867.55.
FASTag is part of the government's broader initiative to promote digital payments and improve the efficiency of road transportation. Since February 2021, FASTag has been made mandatory for all vehicles in India, except for some exemptions like two-wheelers and certain categories of vehicles.
In the early trade, the 30-share BSE Sensex climbed 334.83 points at 82,076.17. Meanwhile, the Nifty was also up by 104.70 points to 25,055.85.
In a public advisory issued late on Wednesday, the National Payment Corporation of India (NPCI), which oversees payment systems, announced that it had temporarily restricted C-Edge Technologies from accessing the retail payments system operated by NPCI.
The I-T department's helpdesk has been operational 24x7, offering support through calls, live chats, WebEx sessions, and social media to assist taxpayers with ITR filing and related services.
ITR Filing 2024: Today is the deadline for ITR filing. Taxpayers who have filed their returns and are due a refund can expect processing to take 15 to 45 days after e-verification. Refund status can be checked online using a PAN card on the Income Tax e-filing portal.
Boeing named aerospace industry veteran Kelly Ortberg as its new President and CEO after a months-long search, tasking the former Rockwell Collins executive with the monumental job of turning around the struggling planemaker.
More than 5 crore Income Tax Returns (ITRs) have been filed on the e-filing portal so far this fiscal year, the income tax department said on July 27. The figure is 8 per cent more than what it was last year.
In the early trade, the 30-share BSE Sensex climbed 79 points to 81,535.12 Meanwhile, the Nifty was also up by 15 points to 24,872.50.
The Lower House of the Parliament approved the Union Budget 2024-25. The budget was presented by Union Finance Minister Nirmala Sitharaman on July 23.
The ties between the two countries nosedived significantly following the fierce clash in the Galwan Valley in June 2020 that marked the most serious military conflict between the two sides in decades.
Earlier in July, Chief Economic Adviser V. Anantha Nageswaran said New Delhi should focus on Foreign Direct Investments from China to boost its exports and help keep India's growing trade deficit with Beijing in check.
In the early trade, the 30-share BSE Sensex climbed 67 points to 81,423.53. Meanwhile, the Nifty was also up by 25 points to 24,861.35.
Multiple rules are going to be changed from August 1. Let us take a look at what changes are going to be implemented.
Bank Holidays August 2024: All public and private sector banks in India will remain closed for 13 days in August, including Sundays, the second and fourth Saturdays, as well as national and regional holidays.
In the early trade, the 30-share BSE Sensex climbed 350.7 points to 81,683.42. Meanwhile, the Nifty declined was also up by 83.85 points to 24,918.70 points.
ITR filing 2024: To benefit from income tax exemptions on earnings up to Rs 10 lakh, you should opt for the old tax regime. Here’s how you can make an income of Rs 10 lakh tax-free.
In its latest public communication, the Income Tax Department has asked the taxpayers to make "correct and accurate" claims while filing the ITR.
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