BUSINESS
ITR filing 2025: Salaried taxpayers steer clear of unverifiable deductions, increasingly opt for new tax regime, say CAs
Heightened I-T dept scrutiny has compelled many salaried taxpayers to avail of deductions on 80C tax-saving investments, HRA, and donations only when their claims can be supported by valid documents.
BUSINESS
House panel report on new I-T Bill: Here are the 5 key takeaways for individual taxpayers
A parliamentary panel headed by BJP's Baijayant Panda has suggested 32 amendments to the new I-T bill, which will replace the Income Tax Act, 1961
BUSINESS
Tesla’s India debut prompts insurers to focus on EV-Specific motor covers
The insurance premiums for Tesla’s Model Y variants can range from Rs 60,000 to Rs 1.25 lakh, depending on the insurer and coverage chosen.
BUSINESS
CoinDCX Hack: Know crypto investors' rights under Indian laws, even without regulations
Cryptocurrency exchange CoinDCX hacked: The crypto exchange’s co-founders have assured users their wallets are safe, but it’s wise for investors to know the rights that they can exercise in India.
BUSINESS
ITR filing 2025: Delay in ITR utility release, AIS glitches key hurdles this year, say CAs
The extension of ITR filing due date to September 15 has not helped, as chartered accountants and taxpayers are waiting for ITR-2, 3 utilities to be released to commence the process.
BUSINESS
ITR filing 2025: Used the wrong form? Revise your return to rectify the error
Tax returns: There is no cap on the number of times the returns can be revised before the end of the deadline for filing belated returns.
BUSINESS
Healthcare regulator, common empanelment for hospitals must for pricing transparency: Bajaj Allianz CEO
GST on senior citizens’ health insurance premiums should be nil, while for others, it can be 12 percent, says Tapan Singhel, MD and CEO, Bajaj Allianz General Insurance.
BUSINESS
Kotak Life’s focus on traditional products has boosted VNB margins, embedded value and AUM growth, says MD Balasubramanian
Kotak Life Insurance MD Mahesh Balasubramanian believes that while the right balance among distribution channels is essential, banks have a relative advantage in selling insurance due to their stickier customer relationships compared to other financial businesses.
BUSINESS
India-Pak tensions: Will travel insurance cover flight cancellations due to airport closures?
Wars and war-like situations are typically exclusions, but policies with ‘cancel for any reason’ coverage could reimburse losses.
BUSINESS
Akshaya Tritiya 2025: Gold, silver ETF volumes spike 3X to Rs 644 crore, Nippon MF commands 63% share
Traded volumes of silver and gold ETFs during this year’s Akshaya Tritiya were the highest ever compared to previous years.
BUSINESS
Most employees without HRA claims prefer new tax regime, corporate NPS gaining traction, say CAs
Taxpayers contemplating hiking rent paid to parents to maximise tax benefits need to be cognisant of the fact that significant variations in income and deductions compared to previous years can invite scrutiny, say chartered accountants.
BUSINESS
Akshaya Tritiya 2025: Gold continues to glitter, but silver can also add shine to your portfolio
The yellow metal’s dizzying rise may have left silver behind for now, but its long-term prospects remain strong; retail investors can look to allocate 5 percent of their portfolio to silver, say experts.
BUSINESS
Caesarean procedures rise sharply, comprise 72.5% of deliveries in private hospitals: Study
Since caesarean surgeries are about 30 percent costlier than normal deliveries, they push up insurance premiums in the employers' group health insurance segment, a Prudent Insurance Broking study has said.
BUSINESS
Gold crosses Rs 95,000 for the first time: Should you buy, sell or hold?
Your asset allocation, rather than gold price movements, should dictate your investment calls, say financial advisors. They recommend a 10-15 percent allocation to gold in retail investors’ portfolio.
BUSINESS
Falling interest rates: Senior citizens should lock into longer-term FDs, small saving instruments
They can also allocate a part of their investments to hybrid and balanced advantage mutual funds, say financial planners.
BUSINESS
RBI monetary policy: Home loan borrowers set for lower interest payout, EMIs
Home loan borrowers will see their total interest payable and loan tenures shrinking significantly after today's 25 bps repo rate cut by RBI
BUSINESS
Want residency in Europe? Why Portugal’s golden visa could be your best bet
Portugal’s golden visa has been adjudged as the third-best programme in the world with a total of 4,455 applicants in 2023.
BUSINESS
World Health Day: How to estimate the right health insurance cover amount
An adequate sum insured depends on your age, health status, city of residence, choice of hospitals and room categories and so on, but you can start with a minimum cover of Rs 10 lakh.
BUSINESS
Taxpayers, CAs challenge I-T notices on rebate claims before appellate body
The I-T department had allowed a 15-day window in January for taxpayers who were denied a tax rebate on STCG in July 2024 to revise their tax returns, but CAs say such claims were not entertained during ITR processing.
BUSINESS
New income tax rules: A guide to Budget ’25 tax changes that kick in from April 1
The new, minimal-exemptions tax regime is set to be the favoured choice of most taxpayers in 2025-26, thanks to the raft of announcements in this year's budget.
BUSINESS
The FY26 Investment Playbook: Here's how you could manage your money this year
This fiscal will be all about selective equity exposure, medium-to-long-duration debt, gold for hedging, and tax efficiency.
BUSINESS
Stock market rebound: How should retail investors position themselves?
Not out of the woods yet, adopt staggered approach to equity investing, large-cap and flexicap mutual funds remain the best bet, say financial advisors
BUSINESS
Why Switzerland’s golden visa is a hit among the uber rich
Switzerland has one of the most popular golden visas in the world. The European country’s high standard of living, robust economy and low crime rate make it an appealing choice for foreigners seeking residency by investment. There is another plus to the Swiss golden visa – it opens a path to citizenship
BUSINESS
How tax sops can help women enter the workforce and stay there
Inclusive and equitable tax policies will not only improve the lot of women employees and entrepreneurs, but also facilitate their participation in policy formation
