Bulls & Bear Hfund of India

Data tabulated by the Income Tax (I-T) department has highlighted a 40 per cent increase in incremental growth in the e-filing of I-T returns.  As on August 26, data which was accessed by showed that more than 4.37 crore returns were filed for the financial year ending March 31 against 3.10 crore returns for the financial year 17-18 (Assessment Year 16-17).  A senior I-T official told ANI on the condition of anonymity that out of 4.37 crore returns, 2.49 crore was processed. The official further said that the number is expected to increase, with the last date of filing fixed for August 31, with incremental growth each category, especially the returns filed for more than Rs 50 lakh and Rs 1 crore.  Furthermore, data revealed that the I-T department has already processed 62 lakh refund for the current assessment year, till August 26, against 2 ..  Furthermore, data revealed that the I-T department has already processed 62 lakh refund for the current assessment ...

The Nifty50 has rallied nearly 900 points so far this year and the large part of the rally was led by some of the heavyweights which are pushing the index to record highs almost on a daily basis. The Nifty50, which closed at 10,530 on December 29, 2017 rallied to 11,387 on August 6, 2018, which translates into an upside of 857 points, or 8.1 percent, in the year 2018. The large part of the rally, in terms of contribution, was led by gains in  RIL ,  TCS ,  HDFC Bank ,  Infosys ,  Kotak Mahindra Bank ,  ITC ,  HUL ,  Bajaj Finance ,  HDFC , and M&M, according to a report by Arihant Capital. . On the other hand, stocks which are weighing or holding back the rally include names like ONGC, Tata Steel, Vedanta, Tata Motors, and ICICI Bank. According to the report, RIL contributed over 200 points to the Nifty rally, followed by TCS which added 147 points, and HDFC Bank added 131 points to the Nifty. Most of the stocks which...