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🧵 Taxation Updates: Comprehensive Breakdown 📢 Limit of Exemption for Capital Gains - Proposed exemption limit: ₹1.25 lakh/year. 📈 STT on F&O - Hiked to 0.02% (intraday) and 0.1% (delivery). 🌍 Corporate Tax for Foreign Companies - Reduced to 35%. 💹 Long-Term Capital Gains (LTCG) - Rate hiked from 10% to 12.5%. 📉 Short-Term Gains on Certain Financial Assets - 20% tax rate; rest at applicable tax rate. 📈 Long-Term Capital Gains (General) - Fixed at 12.5%. 📊 Classification of Listed Financial Assets - Held for over a year = long term. 🛒 TDS on E-commerce - Reduced from 1% to 0.1%. 💼 Tax on Certain Assets - 20% rate; rest at applicable rates. 📜 Unlisted Bonds & Debentures - CGT as per applicable rates, irrespective of holding period. 🚀 Abolishment of Angel Tax - For all classes of investors. 🌐 MNC Professionals & ESOPs - Non-penalised for investing up to ₹20 lakh in movable assets abroad. 🧾 Standard Deduction in New Tax Regime - Increased from ₹50,000 to ₹75,000. 👨‍👩‍👧‍👦 Family Pension Deduction - Enhanced to ₹25,000. 👨‍💼 Income Tax Savings for Salaried Employees - Save ₹17,500. 📊 Revised Tax Rates in New Regime - 0-3L: 0% - 3-7L: 5% - 7-10L: 10% - 10-12L: 15% - 12-15L: 20% - Over 15L: 30% Stay informed and plan your finances accordingly!

MONEY TIMES TALK JUNE 22, 2024 Shri Bajrang Alliance, posted PAT of Rs.40.86 cr. & EPS of Rs 45.40 for FY24, trading at PE of just 5.6. It caters to Jubliant Foods, KFC & Lulu Group for exports and manufactures several food items for Nestle. Cheapest FMCG stock. Buy. Denis Chem, producer of sterile intravenous injectables, posted FY24 EPS of Rs 8.04 and declared a dividend of Rs. 2. Its M.Cap: Sales ratio is 0.55x. Dream 11 Varun Daga holds 11.5% stake and FII’s hold 20.74%. Keep track. Vipul Organics into pigments and dyes segment is setting up a new 22000 sq. mt. plant in Gujarat, which will significantly enhance its manufacturing capacities. Its Q4 PAT was up 269.10% and its 52-week high is Rs.237. Buy for good returns. Competent Automobiles is available at a throwaway valuations of M.Cap of Rs.365 cr. with revenue if Rs.2124 cr., EPS of Rs 45.6, PE of 12.5, Book Value of Rs 557, Price to Book of 1.03, Promoters have almost 75%. Multibagger gains possible. As India emerges as the largest market for Maggie Noodles & Kit-Kat, Shri Bajrang Alliance, a contract manufacturer for Nestle, will benefit big. Its stock at Rs. 260 offers potential yield of 50% in the short-term. QMS Medical Allied Services markets medical products, offers education services & expands its outlets. Its trades at 16x FY25 earnings. Buy for 50% gains in 1 year. Vodafone Idea prospects improve post-GoI stake acquisition. Recent Rs.18,000 cr. FPO will fund 4G/5G expansion and clear Rs.2,458 cr. vendor dues. Promising future as debt issues resolved & 5G rolls out. Buy. Tata Power plans 66% higher capex of Rs.20,000 cr. to focus on energy transition & net-zero emissions for 70% capacity from non-fossil-based fuels by 2030. Add. Uravi T and Wedge Lamps to acquire 55% stake in SKL (India) Pvt. Ltd. for upto Rs. 20.1 cr. and venture into the defence sector. As per technical expert, the market isn't overbought or oversold, but fear is at an all-time high. While many expect a healthy correction, significant declines in India are unlikely until the Budget. Expect volatile swings from June 24th to 27th; consider using dips during this period to rebuild positions with careful stock selection. As per market veteran AI, cloud computing, data processing, coal, cosmetics, defense, electrolyzers, ethanol, export-oriented industries, FMCG, gasification, railways, real estate, selected PSUs and textiles as sectors to watch during dips. Prime Minister's focus on boosting exports aiming for $600 billion by 2030 from $44 billion. Focus on AI, cloud & data storage.

MONEY TIMES TALK JUNE 15, 2024 ABM Knowledgeware, a leader in e-Governance and Smart City solutions, posted FY24 EPS of Rs. 7.18 with a large order book and substantial reserves. This dividend paying company with promoters holding 67% trades at a P/E of 17x. A re-rating candidate for multibagger gains. Crest Ventures a real estate player in Mumbai & Chennai has projects worth revenue potential of Rs.4000 cr. Stock available at M.cap of only Rs.1190 cr. Promoters hold 70%, HNIs & corporates hold 25%. Buy for hefty gains. MK Ventures promoted by renowned investor, Madhusudan Kela, known for giving 100x returns in his fund. It is likely to be a big player in the field of managing money and investments. Keep on radar for decent gains. Indian Toners & Developers posted FY24 PAT of Rs.26 cr. fetching an EPS of Rs.24. With an equity of Rs.11 cr. & reserves of Rs.198 cr. Its 52 weeks high is Rs.418. Buy for 30% gains. Vipul Organics into specialty chemicals has set up a new high-margin emulsion paste plant in Palghar. It posted 269% higher Q4 PAT YoY and Management is confident of good quarters ahead, likely to cross 52-week high of Rs. 237 soon. Buy. Rattan India Power, a big power generator with 2,700 MW capacity, has rebounded postdebt restructuring as its current debt stands at Rs.10641 cr. from Rs.3562 cr. Strong operating cash flows and growing power demand make it a solid long-term bet. Debt-free Reliance Power's new projects include 3 coal-fired, 1 gas-fired & 12 hydroelectric projects fueled by captive mines & global supplies. It is poised to grow. Vodafone Idea secured Rs.14000 cr. from SBI to repay operational creditors, deploying 5G & acquiring additional spectrum. Analysts foresee the share price surpassing Rs.20.