Business Short News

Three Occasions Where A Personal Loan Can Give You Tax Benefits

Three Occasions Where A Personal Loan Can Give You Tax Benefits

When you take a loan, one of the foremost considerations is the tax benefit you will get on it. Tax benefits on loans help mitigate the financial burden of repayment, by saving you money on the amount of income tax you need to pay. For some financing instruments like home loans, tax benefits are a given and are an advertised advantage of taking the loan.

How Are The Petrol Prices You Pay Connected To Elections?

How Are The Petrol Prices You Pay Connected To Elections?

The movement in the petrol prices has not been in line with the changes in the crude oil prices and the foreign exchange rate for quite some time now. For example, on Friday, Brent Crude Oil Futures closed 23 cents lower at $67 a barrel and the Indian rupee had hit a fresh six-month high of Rs 69.10/dollar, which would have one assuming the petrol prices would fall.

Levi Strauss & Co Plans To Raise $587 Million With IPO

Levi Strauss & Co Plans To Raise $587 Million With IPO

On Monday, Levi Strauss & Co said that it expects to raise as much as $587 million through its IPO, which would mark its return to the public market after three decades. With a plan to offer 36.7 million shares of the 385.5 million outstanding shares, priced between $14 and $16, the company will be valued at around $6.17 billion at the higher end of the range.

Q3 2019 GDP Growth Moderate At 6.6 Percent

Q3 2019 GDP Growth Moderate At 6.6 Percent

  • GDP growth for the third quarter of 2019 stands at 6.6 percent.
  • The country's growth rate was earlier predicted at 7.2 percent for fiscal 2018 - 2019.
  • Following downward revision, the GDP rate stands at 7 percent for FY 2018-19.
  • The country witnessed growth at the rate of 8 percent and 7 percent during the first and second quarter of 2018-19 respectively.

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