No move to scrap LTCG tax on equities: Govt

NEW DELHI: : Govt on Monday told Parliament that there was no move at the moment to abolish long-term capital gains tax on equities for retail or domestic investors.“The tax policies, including capital gains tax rates, are revised periodically as part of the annual budgetary process and legislative revisions after taking into consideration the macroeconomic…

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Mistry pitches for Tata holdco to go public

Shapoor Mistry too calls for public listingSP group chairman Shapoor Mistry, who represents the single largest minority shareholder in the Tata group, on Friday sought a public listing of Tata Sons as a “necessary” step that would secure and unlock value for stakeholders and boost the income of the trusts. The pitch came after similar…

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NASA’s ageing telescope in space is falling to Earth. Now a robot is being sent on a daring rescue mission

The US National Aeronautics and Space Administration (Nasa) is preparing to launch an rescue mission to save its ageing Swift Gamma-ray burst explorer (Swift Observatory) from falling back to earth.The mission will be carried out by a startup called Katalyst Space technologies, that aims to demonstrate a new era of satellite servicing. The mission is…

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Inside Coober Pedy: The Australian desert town where thousands escaped 50°C heat by building an entire underground world beneath the Earth | World News

Far beyond the green edges of Australia’s coastal cities, a strange landscape appears in the middle of the outback. Low hills of pale earth rise from the red desert, scattered across the horizon like unfinished sculptures. They are not ancient ruins or natural formations, but traces of a town built around one of Australia’s most…

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