• ALL DEALS
    Park City acquires Bonanza Flat, grandest of all land deals

    City Hall on Thursday completed the $38 million acquisition of Bonanza Flat, the municipal government’s grandest open space purchase, as the Park City Council cast the necessary votes during a joyous meeting that seemed a far-fetched possibility over the decades that Park City desired ownership of the land. The City Council approved three items related […]

  • ALL DEALS
    STCG on sale of listed shares will be taxed at flat 15%

    iStockPhoto My brother gifted me some equity shares, which he had bought. I now want to sell these shares. Will I be taxed? —Kavita Jha If an individual receives any property (other than immovable property), from any person during a financial year (FY) without consideration, the fair market value (FMV) of which exceeds Rs.50,000, then […]

  • CLOTHING
    government Expects Textiles Exports to remain Flat in FY16

    Mumbai: The country‘s ordinary exports of textiles and apparel may additionally stand at $forty billion in 2015-16, much like closing year‘s level, a senior reputable stated here. “We see slowdown in China as an opportunity for us and we’re searching at $forty billion of textiles exports this year. to overcome global slowdown, the textile Ministry […]