20% TCS on credit card use outside India.
Overseas credit card spending will be subject to the LRS and a 20% TCS. This measure aims to regulate and monitor overseas transactions made by individuals using credit cards.
Month: May 2023
Brokerages Estimate 68% rise in SBI Stock Price | Should you Buy it?
SBI has given a return of hoping 145% in the last 5 years. Whereas the Bank Nifty index has given a return of 69.67 % Brokerage houses are giving thumbs up to SBI Bank. Kotak Institutional Equities expects SBI to report a net profit of Rs 15,889.7 crore, up 74 percent on-year, and 12 percent…
WPI Inflation in India for April falls to -0.92%.
The Wholesale Price Index (WPI) inflation has been on a downward trend recently, reaching 1.34 percent in March. This marks a significant decline from the 3.85 percent recorded in February and the 4.73 percent in January. What is WPI Inflation? The Wholesale Price Index (WPI) is a metric that reflects the prices of goods at…
Triangle Chart Pattern : A Unique Trading Strategy
A symmetrical triangle pattern is a chart pattern formed when an asset’s price moves within two converging trendlines, creating a triangle shape that narrows over time.
Will the Election Result of Karnataka impact the market on Monday?
Karnataka’s outcome may not impact market sentiment if it aligns with exit poll predictions.
How to do a Fundamental Analysis of the Stocks?
The fundamental analysis assesses a security’s true value and compares it to the current stock price to identify potential overvaluation or undervaluation. It considers both qualitative and quantitative factors for informed investment decisions.