World

LTCG tax indexation changes could apply from FY26; GoI is reviewing – report

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LTCG tax indexation changes could apply from FY26

The Government of India(GoI) is considering postponing the implementation of changes to the long-term capital gains (LTCG) tax indexation rules until FY26 (financial year 2025-26). This potential change could offer relief to property owners who were previously facing increased tax liabilities due to the removal of indexation benefits in the new tax rules effective from Read more: LTCG tax indexation changes could apply from FY26; GoI is reviewing – report..

Elon Musk says Fed’s decision is been ‘foolish’ for not cutting interest rates

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Elon Musk says Fed's decision is been 'foolish' for not cutting interest rates

Elon Musk, the CEO of Tesla and SpaceX, has criticized the Federal Reserve for not cutting interest rates sooner. He believes that the Fed’s decision to keep rates high despite recent weak economic data is “foolish” and could potentially harm the economy.   Musk’s comments came in response to a post on X (formerly Twitter) highlighting Read more: Elon Musk says Fed’s decision is been ‘foolish’ for not cutting interest rates..