India is all set to defend the title of T20 World champions. This tournament would see 12 teams competing to get the title of world champions in the fastest form of game. There are few which everyone chooses as hot favorite. There are minnows as well who have the capability to disappoint any team as [...]

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President Pratibha Patil today read the joint session of both the houses in which she read the outline of the priorities that the new government has set for next 100 days. The stress was on different sectors but the most important things which she read were the women empowerment through women reservation bill, one rank [...]

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LONG TERM CAPITAL GAINS TAX:
There was no change made in the existing provisions in the Budget 2008.

INVESTMENT

DEFINITION OF “LONG TERM”

LONG TERM CAPITAL GAINS TAX RATE
(inclusive of surcharge and education cess)

Equity

1 Year

Nil

Equity oriented Mutual Funds

1 Year

Nil

Debt Oriented Mutual Funds

1 Year

11.33% with indexation or 22.66 %
without indexation [...]

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Certain cities in India gradually developed into renowned seats of learning. The most important among them was Taxila also known as Takshashila. It was situated about 20 miles from Rawalpindi and was the capital of the province of Gandhara. It was founded by King Bharata who named it after his son Taksha. We know very [...]

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The government of India has decided to present the budget on July 3rd. now that is when the government will disclose what exactly it has in the offing. Here we present what was offered in the budget 2008 so that we can easily compare with what the government is offering now.
DIRECT TAXES AND YOU.
The [...]

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New government in India is all set. With Manmohan Singh at the top as the Prime Minister portfolios have been given to the ministers and most of them have assumed their offices. Most important seats are distributed as follows:

MINSTER

DEPARTMENT

PARTY

Pranab Mukherjee

Finance Minister

Congress

P. Chidambaram

HOME

Congress

A.K. Antony

DEFENCE

Congress

Sharad Pawar

AGRICULTURE

Nationalist Congress Party

Mamata [...]

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