EVE Mera Funds Newsletter - month of June 2024

 










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Global Markets Under Pressure How the US–Iran War Is Shaking Global Financial Markets.

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  Global financial markets are once again facing uncertainty as geopolitical tensions escalate in the Middle East. The ongoing conflict involving the Uni t ed  State s   and  Ira n  ha s  trig gered  s ig n if i cant volatility across c ommo dities,  curre ncies and  stock markets worldwide. From rising  crud e  oi l prices t o f alli ng equity markets, the economic consequences of the war are already visible across global financial systems. For investors and policymakers alike, understanding the ripple effects of this conflict is essential in navigating the uncertain investment landscape. Oil Prices Surge: The Core of the Crisis The most immediate impact of the US–Iran war has been seen in the energy market. Iran sits near the Strait of Hormuz, a critical route through which a large portion of the world's oil supply passes. Any disruption in this region can significantly affect global energy supply. Recent attacks on oil infrastruc...
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Income tax new slab expanded from 7 lacs to 12 lakhs

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  🚨 Top Highlights of Union Budget 2025-26 🚨   Here’s a quick snapshot of the key announcements, with a special focus on tax reforms:   📌  Tax Reforms ✅  No Income Tax for income  up to  ₹12 lakh  under the new regime.   ✅  Two Self-Occupied Properties  can now be valued at Nil for tax purposes (up from one).   ✅  TDS Threshold on Rent  raised to ₹6 lakh (from ₹2.4 lakh).   ✅  TCS on Education Loans  up to ₹10 lakh removed for loans from specified financial institutions.   ✅  Time Limit for Updated Returns  extended from 2 years to 4 years.   ✅  New Income Tax Bill  to be introduced next week, focusing on simplification and ease of compliance.   ✅  TDS/TCS Rationalization:  Reduced number of rates and adjusted thresholds to benefit the middle class.   ✅  Faceless Assessment and Taxpayer Charter  t...
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Trump’s Tariff Gamble: What It Means for India’s Economy?

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  The global economy is once again bracing for disruption. With Donald Trump returning to the forefront of American politics and hinting at a revival of his protectionist trade agenda, countries worldwide are preparing for a renewed era of tariffs and economic nationalism. For India—one of the fastest-growing major economies and a rising global trade partner—the implications of Trump’s tariff playbook are profound. This article explores Trump’s tariff strategy, its direct and indirect effects on India, and how New Delhi can turn potential headwinds into opportunities. Trump’s Tariff Legacy: A Quick Recap During his 2017–2021 presidency, Donald Trump introduced sweeping tariffs under the banner of “America First.” His administration levied duties on billions of dollars’ worth of imports—targeting China most aggressively, but also extending to steel, aluminium, and other products from traditional allies like the EU, Canada, and India. In 2018, the U.S. slapped 25% tariffs ...
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