Business
Investing long-term capital gains; taking a suitable health policy
K. NITYA KALYANI N. Sree Kanth Q. During the interim Budget in February , the Finance Minister relaxed long-term capital gains tax norms whereby one could invest in two residential properties from the proceeds of sale of a house. I want to know 1) If the two houses must be in the same town or can be in different towns 2) one house can be in a town and another new construction in another town 3) Both from new construction.Kamaludeen MA. A one-time exemption for individuals and HUF was announced in the Interim Budget in
Markets
Sensex jumps over 200 points; Nifty reclaims 11,000
PTI Top gainers in the Sensex pack in early trade on Friday included Tata Steel, Vedanta, TCS, Yes Bank, ONGC, Tata Motors, HDFC twins, SBI, IndusInd Bank and ICICI Bank, rising up to 3 %.
Markets
Rupee gains 12 paise against dollar in early trade
PTI Besides, firm trend in domestic equity markets and easing crude oil prices also revived the rupee sentiment, forex dealers said.