Jaipur: More than 60% of traders in Jaipur city have grappled with underperformance in the stock market over the past year, said a recent survey by SAMCO. Nilesh Sharma, president, SAMCO Securities, said, “We aim to generate hyper-personalized insights that empower traders to understand their unique trading strengths and weaknesses for their profitability,” said Sharma. tnn
We also published the following articles recently
We also published the following articles recently
Aspiring cracker trader among injured
A fire broke out in a warehouse in Bengaluru, India, leaving three people with severe burns. Venkatesh, who was planning to open a cracker shop with his friend, suffered 30% burns and lost Rs 2 lakh in the fire. Another victim, Rajesh, suffered 50% burns and had to be taken to a bigger hospital. A government official from Tamil Nadu provided financial assistance to Rajesh’s family.
A fire broke out in a warehouse in Bengaluru, India, leaving three people with severe burns. Venkatesh, who was planning to open a cracker shop with his friend, suffered 30% burns and lost Rs 2 lakh in the fire. Another victim, Rajesh, suffered 50% burns and had to be taken to a bigger hospital. A government official from Tamil Nadu provided financial assistance to Rajesh’s family.
TN govt waives traders’ tax dues
Chief Minister M K Stalin has announced a ‘samadhan’ scheme, which will waive long-pending commercial tax dues for traders in Tamil Nadu. The scheme will be in effect from October 16 to February 15, providing relief to traders who owe the government a total of 25,000 crore. Small traders with dues less than 50,000 will have their arrears fully waived, while others will have the option to pay a percentage of the arrears, penalty, and interest to avail the waiver. The scheme also covers traders who have to pay tax, penalty, and interest under obsolete acts.
Chief Minister M K Stalin has announced a ‘samadhan’ scheme, which will waive long-pending commercial tax dues for traders in Tamil Nadu. The scheme will be in effect from October 16 to February 15, providing relief to traders who owe the government a total of 25,000 crore. Small traders with dues less than 50,000 will have their arrears fully waived, while others will have the option to pay a percentage of the arrears, penalty, and interest to avail the waiver. The scheme also covers traders who have to pay tax, penalty, and interest under obsolete acts.
Traders in Siliguri count losses, price hike in Sikkim
Vegetable traders in Siliguri are suffering significant losses due to the recent Teesta flash floods, which have paralyzed the major link to Sikkim. The traders have experienced a 60% decline in business ahead of Durga Puja. The Siliguri Regulated Market, which supplies vegetables to Sikkim, has been unable to send any trucks since last Wednesday. This has resulted in a daily loss of sales of Rs 4 lakh to Rs 5 lakh and a daily fish supply of around 2 tonnes. The loss for the trade in Siliguri has reached Rs 5 crore a day. Prices of essential commodities in Gangtok have also increased due to the cut-off link to Siliguri. The Gangtok Municipal Corporation has fixed rates for vegetables at Lall Bazaar to regulate prices and prevent exploitation. However, there is a dearth of essential commodities, and the alternative route via Kalimpong is longer and more costly.
Vegetable traders in Siliguri are suffering significant losses due to the recent Teesta flash floods, which have paralyzed the major link to Sikkim. The traders have experienced a 60% decline in business ahead of Durga Puja. The Siliguri Regulated Market, which supplies vegetables to Sikkim, has been unable to send any trucks since last Wednesday. This has resulted in a daily loss of sales of Rs 4 lakh to Rs 5 lakh and a daily fish supply of around 2 tonnes. The loss for the trade in Siliguri has reached Rs 5 crore a day. Prices of essential commodities in Gangtok have also increased due to the cut-off link to Siliguri. The Gangtok Municipal Corporation has fixed rates for vegetables at Lall Bazaar to regulate prices and prevent exploitation. However, there is a dearth of essential commodities, and the alternative route via Kalimpong is longer and more costly.
