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Showing posts from January, 2025

TenneT’s capital requirements issues resolved.

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Tennet is an energy sector company. TenneT is making the electricity grid for delivering secure, sustainable, and cost effective supply of electricity for the Netherlands and large parts of Germany. Growth potential   In the light of increasing demand for electricity including from households and companies the company plans to make more  in the coming years to strengthen and expand the grid. This initiative is necessary to meet growing demand for electricity, including from households and companies. Study reveals that clients from households and company sectors will  demand a new or higher power connection. Therefore TenneT needs capital to make these investments in the Netherlands and Germany. Negotiations   It is reported that t he government has affirmed its intention to continue financing TenneT’s activities in the Netherlands and will make a decision in the spring of 2025 on the form this financing will take. In the case of investment capital in Germany until st...

USAGov

USAGov is an official website of the  United States Government having website address as https://www.usa.gov. The website is developed for making government services easier.The website helps to locate and understand government benefits programs and information  Information on Buying from the U.S.A government From the website people can search details of surplus sales, collectibles, and other items available through purchase or auction. Government auctions Some government auctions sell different types of excess and seized property range from computers to artwork to mobile homes and more. Government vehicle auction   The government auctions thousands of motor vehicles. Some are government-owned and are in prime condition. Others the government seized and may need many repairs. Sale of real estate and federal lands Government agencies sell real estate and federal lands   acquired through foreclosure, forfeiture, or failed banks.  either by auction or offe...

NATIXIS and Wealth Management Services

NATIXIS is a global player in asset management.More precisely the NATIXIS is French multinational financial services firm specialized in asset and wealth management, corporate and investment banking,insurance and payments.As a subsidiary of Group BPCE - the second largest banking group in France, the NATIXIS has nearly sixteen thousand employees across 38 nations. Innovative and sustainable financing and investment solutions . It offers innovative and sustainable financing and investment solutions to support corporations, investors, financial institutions, financial sponsors and customers of the Groupe BPCE retail banking networks. Thus the NATIXIS plays an important role in the implementation of today’s environmental, technological and societal transitions. Planning for 2025 - Point out portfolios for long-term achievement. Expert portfolio managers and strategists from across the Natixis investment managers team share diverse insights on macroeconomic and market dynamics, as wel...

India Union Budget 2025-2026 Mutual Fund Industry demands restoration of indexation benefits for debt funds.

The Finance Act 2023 stipulated that debt funds should be deemed as Short Term Capital Gains (S.T.C.G) irrespective of period of holding.Thus the benefit of Long Term taxation benefits for debt schemes was withdrawn last year. Therefore it was subject to taxation at applicable rate of S.T.C.G. Ahead of the Union Budget 2025-2026 the Mutual Fund Industry demands the review the withdrawal of indexation on long term debt investments. Further they demand taxing capital gains on redemption of debt mutual fund portfolio held for more than 1 year at the rate of 12.5%. Before Union Budget 2023 investment in debt mutual fund held for a period of 1 year or more was allowed indexation benefits to mitigate impact of inflation on capital gains. If indexation benefits is allowed by the upcoming budget on February 01,2025 it would more beneficial and favourable to retail investors.

India Budget 2025 - Pre-Budget consultation meeting with Trade Unions and Stakeholders - Hope and Expectations - perspectives of Trade Unions and key proposals.

crossorigin="anonymous"> >The India Budget for 2025 - 2026 will be presented by Union Finance Minister Smt. Nirmala Sitharaman on 1st February, 2025. A pre-budget consultation meeting with stakeholders and representatives of Trade Unions was chaired by the Union Minister for Finance and Corporate Affairs Smy. Nirmala Sitharaman on 6th January, 2025. Various trade unions placed well researched demands before the Finance Minister to be considered for the upcoming budget 2025-2026.  Bharatiya Mazdoor Sangh (BMS) demanded for increasing minimum EPFO pension from the present minimum Rs. 1,000 per month to Rs. 5,000 per month.The demand was shared with  Smt. Nirmala Sitharaman in their customary pre - budget meeting on 6th January, 2025 ( Monday ). Besides the demand for enhancement of pension, the BMS Union also suggested for increasing the the current threshold for Income tax exemption to Rs. 10 Lakhs and demanded income from pension should be exempted from tax. The BMS ...