Stock Market Updates - Angel One

A message has been widely shared on social media stating that senior citizens above 75 years of age do not have to pay income tax. It attributes this change to a government decision following India’s 75th year of independence. This claim, however, is completely false. What Does the Law Actually Say? According to a post …

India is expected to launch formalised incentive schemes in 2025 to promote the recycling of 24 identified critical minerals, such as lithium, cobalt, and zinc. These minerals are essential to India’s clean energy roadmap and net-zero greenhouse gas emissions target by 2070. To support this initiative, the government has earmarked ₹1,500 crore (US$174.07 million) as …

In a significant milestone for India’s capital markets, the total number of demat accounts soared to an all-time high of 192.4 million in FY25. This remarkable figure includes a record-breaking 41.1 million new accounts opened in the financial year, the highest annual addition to date in absolute terms. The monthly average of new demat account …

In a significant step towards strengthening economic relations, India and Russia have jointly agreed to initiate 6 new strategic projects aimed at enhancing bilateral investment cooperation. This development was part of the 8th session of the India-Russia Working Group on Priority Investment Projects (IRWG-PIP), convened on 9 April in New Delhi. The session, held under …

India has recorded its highest-ever exports of goods and services in the financial year 2024–25, crossing the $820 billion mark. This represents a nearly 6% growth compared to $778 billion in 2023–24, achieved despite widespread global economic challenges Resilience Amid Global Trade Headwinds India’s export sector has achieved a significant milestone by surpassing $820 billion …

The Employees’ Provident Fund Organisation (EPFO) has introduced a new option allowing employers to clear pending EPF dues through a one-time demand draft payment. This measure, outlined in a circular dated April 4, 2025, provides an alternative to the existing online process involving Electronic Challan-cum-Return (ECR) and internet banking. Background Employers are typically required to …

The Indian stock market witnessed a significant rally on Friday as investors reacted positively to key global and domestic developments. The Nifty 50 index opened higher at 22,695 and climbed to an intraday high of 22,874, registering a gain of 475 points or 2.12%. Similarly, the BSE Sensex opened at 74,835 and surged to an …

The Uttar Pradesh government has announced a 2% hike in Dearness Allowance (DA) for its state employees. The allowance has been revised from 53% to 55% of the basic pay. This change will come into effect from January 1, 2025, and will be reflected in the April 2025 salary, which will be disbursed in May …

The Central Board of Direct Taxes (CBDT) has announced April 30, 2025, as the final date for taxpayers to file declarations under the Direct Tax Vivad se Vishwas Scheme, 2024. About the Scheme The Vivad se Vishwas (VSV) Scheme 2024 was introduced as part of Budget 2024 and became operational on October 1, 2024. It …

The capital market regulator, the Securities and Exchange Board of India (SEBI), recently, through a press release clarified the regulatory framework for Specialised Investment Funds (SIF) regarding minimum investment threshold. SEBI Fixed Minimum ₹10 Lakh Investment In a recent circular, SEBI announced that under the new regulations, investors must make a minimum investment of ₹10 …