India's ICICI Bank Q2 profit rises 20.1%, beats estimates - Reuters

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  Managed futures, historically exclusive to hedge funds, could offer a modern twist to traditional 60/40 portfolios, potentially delivering a modern hedge against volatility. This approach counters stocks better than bonds during market turmoil, with a low correlation to stocks and bonds, making it a valuable addition to diversified portfolios.

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• Man skipped ITR, declared Rs 12.9 lakh income after notice; ITAT cancels 200% penalty

  A man in Jaipur who failed to file his income tax return and declared an income of Rs 12.9 lakh without reporting it faced a 200% penalty. However, the Income Tax Appellate Tribunal (ITAT) in Jaipur ruled in his favor and set aside the penalty. The key issue was that the AO did not specify which particular clause of Section 270A(9) the man had allegedly violated.

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• This TDS reporting form replaces 4 different forms

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