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CBDT notifies changes to Rule 11UA in respect of ANGEL TAX

CBDT notifies changes to Rule 11UA in respect of ANGEL TAX
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Govt retains valuations methods in final Angel Tax rules; Zerodha s FY23 revenue soars 40%

The government notified the new Angel Tax rules on Tuesday, retaining the five valuation methodologies suggested in the draft rules. The rules aim to fix the fair market value of startups.

ICICI Bank to invest Rs 50 cr in Quantum CorpHealth for nearly 10% shareholding

According to the bank, this indicative time period for completion of the acquisition is October-end.

suzlon trading strategy: Momentum Pick: Will rally in multibagger Suzlon Energy stock continue?

Analyst Rajesh Palviya, Senior Vice President - Technical and Derivatives Research at Axis Securities said the stock made higher tops and higher bottoms on technical charts, displaying a strong uptrend. On the quarterly chart, the stock has confirmed a rounding bottom formation breakout at levels around 17 on a closing basis, which signals positive bias, Palviya said.

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