Businessgang

  The billionaire investor paid Rs 1,61,670 per sq ft, making it the most expensive residential property deal in the country in recent years. In the most expensive residential property deal in the country in recent years, stock market icon and promoter of  DMart  Radhakishan Damani along with his brother Gopikishan Damani has purchased a residential property at South Mumbai’s Malabar Hill for Rs 1,001 crore. According to documents seen by Business Standard, the property has an area of 5,752.22 square metres or 61,916 square feet. So the billionaire investor paid Rs 1,61,670 per sq ft, making it the most expensive residential property deal in the country in recent years. The two storey property was registered on March.

  New Delhi, Dec 31 (IANS):  As per IANS-CVoter Issues That Dominated India 2021, $6.5 billion is the net worth of Falguni Nayar. That was what the founder of online fashion store   Nykaa , became worth after she raised money through an IPO. This single number conveys the power and promise of entrepreneurship in India; if it is provided an enabling environment. A record 33 startups also joined the Unicorn club in 2021 by being valued at $1 billion and above. However, the e-commerce tide is not mirroring the general lack of optimism induced by the pandemic among Indians. Only 34 per cent agree that the Country in moving forward and their lives too. As mentioned in earlier despatches, while there can be no doubting the blood and tears expended by many unsung heroes and heroines in the start up ecosystem, the road towards success and riches looks daunting for too many Indians. When 800 million Indians are dependent on government food aid for sheer survival in the battle agai...

  The due date for ITR filing for FY 2020-21 or AY21-22 is December 31, 2021. Going by the latest updates from the I-T Department, scores of individuals continue to file their returns even in the last week before the deadline. Here is a list of things that could go wrong in late filing of ITR. The last date for filing  Income Tax  Return (ITR) for the financial year 2020-21 or Assessment Year (AY) 2021-22 was extended multiple times during the year owing to problems faced by assessees with Income Tax Department’s new e-filing portal. However, it has been confirmed that no more extensions would be given and therefore all taxpayers need to complete their ITR filings by December 31, 2021. Even with just one day left to the deadline, several taxpayers continue to file their returns. Over 5 crore ITRs have been filed till Wednesday, December 29, 2021. Those cutting it too close to the deadline might be at risk, say experts. Waiting till the last date for filing ITR for AY 22 c...

  Tax authorities have detected goods and services tax evasion of ₹40,000 crore in over a year, largely on account of fake invoices and fraud input tax credit claims. A host of measures aimed at plugging loopholes and preventing such frauds are set to kick in from January 1, but a senior government official told ET that adequate care was being taken to ensure these did not compromise with the government’s ease of doing business initiative. The Central Board of Indirect Taxes and Customs had launched an All-India Enforcement Drive from November 9, 2020 through the Directorate General of  GST  Intelligence and various Central GST formations. “More than 5,700 cases, involving an amount of about Rs 40,000 crore, have been detected,” the official said. The latest measures are aimed at tackling such frauds, impart better payment discipline and also protect the recipient who is not always in a position to ascertain that his supplier has paid the tax and is vulnerable to the reco...

  Nowadays everybody is dependent on the Internet either for searching for some information or for connecting with friends. The Internet has become a part of our daily life and without the Internet, the smartphone is nothing so when the mobile data gets exhausted it becomes very tough to surf on the Internet. In this article, you will know about How to  Find Wifi Password on Android without Root  so that you can easily hack Wifi and use the Internet when your data gets exhausted. What is Wireless Network? A wireless network (Wifi) is a network that uses radiofrequency waves to connect mobile, Computer, Laptop, and other devices together with the help of the Internet. This implementation is done at the Physical Layer of the OSI Model. How to Hack Devices Connected to my Wifi? [2021] Hacking is totally illegal, if you are hacking other devices without any explicit permission it’s illegal. You can use this method only if you are the legal owner of the devices you want to hac...

  Radhakishan Damani, popularly known as the ‘Retail King of India,’ born into a Marwari family hailing from Rajasthan, this media-shy billionaire spent his early days in a one-room apartment in Mumbai and now he has Asia’s richest man Mukesh Ambani as his neighbour. Fondly called Mr. White for his fondness for white shirts and trousers. Damani’s journey from a stockbroker to value investor and then founder of one of India’s biggest retail chains  DMart  is awe-inspiring. Among the never-ending list of people seeking inspiration from Damani, one name is hard to miss – that of Big Bull Rakesh Jhujhunwala, who considers Damani as his mentor. Damani’s retail dream run began with ‘DMart’ which opened its first store in 2002 and boasts of 196 stores in 72 cities by the end of 2019. He first started his career as a ball bearings trader but, had to shut shop after the untimely death of his father who was a stock market trader. He soon got into the stock market with his brother w...

  2021 has been a record year for initial public offerings (IPOs) as companies, especially new-age technology startups, sought to take advantage of a soaring stock market. The bullish trend at the stock markets buoyed the retail investors’ interests in the initial share sales. Some of the bets worked impressively, some maintained the momentum while some did not. Shares of MTAR Technologies made a stellar debut in March 2021 and the stock has surged over 291% from its issue price of ₹575. Paras Defence shares have rallied over 285% from issue price, followed by Nureca which is up 247% from its issue price, Laxmi Organics (230%), Easy Trip (175%), Clean Science (167%), MacroTech Developers (153%), Latent View Analytics (151%), Tatva Chintan 131% whereas Nazara Tech is up 103% from its IPO issue price. Meanwhile, the much anticipated IPOs of Zomato and  Nykaa , that got listed at exciting premiums, are trading over 56% and 85% higher from their issue prices respectively. The prim...

  The   Income Tax   Department has tweeted: More than 5 crore Income Tax Returns for AY 2021-22 filed till 5:45pm today! Hope you have filed yours too! If not, please file your #ITR for AY 2021-22 before the extended due date of 31st December, 2021. Income Tax Filing latest: More than five crore income tax returns (ITR) for the financial year ended March 2021 have been filed so far, the I-T department said.    The Income Tax Department has tweeted: More than 5 crore Income Tax Returns for AY 2021-22 filed till 5:45pm today! Hope you have filed yours too! If not, please file your #ITR for AY 2021-22 before the extended due date of 31st December, 2021. The department has already extended the deadline for individual taxpayers to file income tax returns, by five months till December 31, 2021. For the financial year 2019-20, 5.95 crore ITRs were filed till the extended deadline of January 10, 2021. Amid the last filing date approaching, the CBDT has been doing major...