The Reserve Bank of India cut its benchmark interest rate by 25 basis points on February 8. Experts point out that the move is likely to reduce your home loan EMI and tenure. Here is how.
2 min read07:21 PM ISTThe new tax regime simplifies income tax, but with fewer deductions in play, taxpayers must make the most of the available benefits. From housing loans to retirement exemptions, here’s what’s on offer.
1 min read6 Feb 2025Budget 2025 has introduced a potentially game-changing tax arbitrage for unit-linked insurance policies and endowment plans sold in Gift City. But it appears this tax benefit applies only for NRIs.
5 min read5 Feb 2025Income Tax: With no tax for income under ₹12 lakh, you have a higher incentive to opt for the new tax regime. This means your incentive to invest in tax saving instruments is lower than it ever was. Should you, therefore, stop investing in them?
2 min read4 Feb 2025All mutual fund houses are supposed to disclose the results of stress test for their small and mid-cap schemes since March 2024.
2 min read3 Feb 2025Since NPS annuity income is not directly covered by any particular article in the India-Portugal DTAA, it falls under Article 22 – ‘Other Income’.
2 min read3 Feb 2025The Union Budget 2025 has introduced a new rebate for incomes up to ₹12 lakh, but it’s not a one-size-fits-all benefit. Here’s how marginal relief helps, and what happens when your income crosses the threshold.
3 min read2 Feb 2025Budget 2025 offers a welcome increase in tax rebates, but it’s important to know where the benefits apply and where they don’t. Here’s a breakdown of how you can benefit from the new rebate—and the key catch regarding capital gains.
4 min read2 Feb 2025Investor Shankar Sharma expressed enthusiasm over Finance Minister Nirmala Sitharaman’s announcements in the Union Budget 2025-26, viewing it as highly positive for his net worth.
1 min read1 Feb 2025Finance Minister Nirmala Sitharaman has announced new income tax slabs in the New Tax Regime. We take a look at from when this is applicable for salaried individuals, and other details.
1 min read1 Feb 2025The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared