The government had imposed a nationwide lockdown in March due to the coronavirus pandemic outbreak across India. As a result of this lockdown that began in March, days before the close of the financial year, several taxpayers had been denied the opportunity to make tax saving investment for financial year 2019-20 (FY20). The government had hence extended the due date up to June 30, 2020, and has recently given a further extension until July 31, 2020 for making tax saving investments pertaining to FY20. This move has given taxpayers more time to invest and save tax. Taking the above…

The stock will be replaced by HDFC Life Insurance Company with effect from July 31. It will be replaced by SBI Cards in the Nifty 100 and Nifty 500 indices TopicsVedanta  | Anil Agarwal | Vedanta Anil Agarwal BS Reporter  |  Mumbai  Last Updated at July 2, 2020 20:29 IST First Published: Thu, July 02 2020. 20:28 IST !function(f,b,e,v,n,t,s){if(f.fbq)return;n=f.fbq=function(){n.callMethod?n.callMethod.apply(n,arguments):n.queue.push(arguments)};if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';n.queue=[];t=b.createElement(e);t.async=!0;t.src=v;s=b.getElementsByTagName(e)[0];s.parentNode.insertBefore(t,s)}(window,document,'script','https://connect.facebook.net/en_US/fbevents.js');fbq('init','550264998751686');fbq('track','PageView');…

July 1, 2020 7 min readOpinions expressed by Entrepreneur contributors are their own. This article was written by Alex Sixt, an Entrepreneur NEXT powered by Assemble expert. If you are looking to take the NEXT step in your business then we encourage you to check out Entrepreneur NEXT powered by Assemble. Do you want to grow your business and reach more audiences that convert into leads? Then a tactic that can help expand your business is paid media, a method of using promoted (paid for) content such as social media posts, video ads, pop-ups, etc. to reach target audiences.…

All mutual fund purchases will attract stamp duty from Wednesday but experts believe it will have “little to no impact” on retail investors as charges are too low. The stamp duty of 0.005 per cent will be applicable on all purchase transactions including systematic investment plans (SIPs), lumpsums, dividends reinvested and switch-ins. Apart from purchase transactions, transfer of units from one demat to another demat account including market or off-market transfers will attract stamp duty of 0.015 per cent. However, no such duty is applicable on redemption or sale…

HDFC AMC’s star fund manager Prashant Jain has seen two of his schemes downgraded by Morningstar recently. HDFC Top 100 and HDFC Equity have been downgraded from ‘gold’ to ‘silver’ by the mutual fund (MF) research house. “Prashant Jain’s long-term investment approach to investing, which entails taking high-risk conviction bets and sticking to them if they underperform over the short term, has often yielded satisfactory results,” said Himanshu Srivastava, senior analyst at Morningstar. “The execution has been noteworthy. Yet, there have been occasions when the strategy has resulted in significant underperformance…

June 30, 2020 5 min readOpinions expressed by Entrepreneur contributors are their own. We’re now realizing that encapsulated awareness months alone aren’t enough to dismantle systemic discrimination or marginalization. Don’t get me wrong, pride month is incredibly important to us LGBTQ+ folk. But it often feels like after June ends, the “Love wins” messaging that businesses bombarded me with all month goes away too. Why is that? You’d actually capture more total market share by appealing to us throughout the year. In the book Blue Ocean Strategy, W. Chan Kim and Renée Mauborgne use the terms “blue ocean” and…

The country’s foreign exchange reserves in nominal terms increased by $64.9 billion in FY20 compared to a reduction of $11.7 billion in FY19, according to RBI. This increase in reserves includes the valuation effects, the Reserve Bank of India said in a release. “Foreign exchange reserves in nominal terms (including the valuation effects) increased by $64.9 billion during 2019-20 as against a decline of $11.7 billion in the preceding year, it said. The valuation gain, reflecting increase in gold prices, amounted to $5.4 billion during 2019-20 as against a…

The iconic actress and entrepreneur joins forces with TV workout legends for a much-needed quarantine sweat session.Free Book Preview No BS Guide to Direct Response Social Media Marketing The ultimate guide to – producing measurable, monetizable results with social media marketing. June 25, 2020 5 min read When Thanos decided to disintegrate half of all life in the universe, the Avengers were called in to save the day. When gyms closed during the quarantine, Movement by Michelob ULTRA LIVE called the only people who could save us from our couch-bound snacking habits: Billy Blanks, Suzanne Somers and Jake “Body…