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Monday, July 03, 2017

Jul 3, 2017 - Government bonds for saving LTCG must be bought within 6 months of selling house

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
Netflix's Reed Hastings has somehow managed to overcome the innovator's dilemma, by constantly reinventing his business in a fast changing sector. While giants like Kodak and Nokia succumbed to technology's unforgiving progress, let's examine Netflix's 'Kodak' moments. Netflix started as a DVD-mail-order business. When broadband speeds increased, it disrupted itself by becoming a streaming company. When the big studios made life difficult by charging exorbitant content fees to Netflix for its content, it again rose to the occasion by producing originals, which it had no experience doing. Netflix wants to become HBO before HBO becomes Netflix. The video-streaming giant marks its 20th anniversary this year, touting a valuation of $60 billion. That works out to about $3 billion of added market value a year, on average, for the titan of Silicon Valley and Hollywood, which went public in 2002 in an $82.5 million offering. Along the way, Reed Hastings, its 56-year-old co-founder and CEO, has learned a few tricks of the management trade, which he has shared at different forums through the years. Here are some of his biggest lessons.

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Government bonds for saving LTCG must be bought within 6 months of selling house

Long-term capital gain tax is payable if you sell a property after holding it for less than 24 months. If you buy government-notified bonds with this capital gain, this gain may not be taxed

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Jio unveils New Submarine Cable System

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FMCG prices start coming down

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Tiger Shroff promotes "Padhega India, Badhega India"

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ANAROCK hires Rahul Yadav, the former CEO of

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Second day of GST regime sees automobile companies like Toyota, Hero MotoCorp cut prices

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Flipkart Fashion ventures into men's private label with Metronaut

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Top Filpkart execs to meet consumers

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