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Teena Jain Kaushal

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Some MRPs may remain high even after lower GST rates kick in on September 22. Here's what you should do

BUSINESS

Some MRPs may remain high even after lower GST rates kick in on September 22. Here's what you should do

Since existing stock is already in the distribution pipeline, it may take two–three months for the transition to be fully reflected in the market. Customer, however, should ask for lower prices if GST benefits are not being passed on

ITR Filing: 'Due Date Extension' trends on X as taxpayers fear late fees, interest after September 15 deadline

BUSINESS

ITR Filing: 'Due Date Extension' trends on X as taxpayers fear late fees, interest after September 15 deadline

So far, 6.29 crore returns have been filed for AY 2025–26 (till September 13, 2025), against 7.28 crore returns filed in total for AY 2024–25. With ITR filings registering a steady growth the number could cross 7.8 crore this year

September 15 Advance Tax Deadline: Here's what you must pay today and interest you will be charged for delay

BUSINESS

September 15 Advance Tax Deadline: Here's what you must pay today and interest you will be charged for delay

If you fall short of the required 45% advance tax by September 15, interest under Section 234C kicks in. You will be charged 1 percent a month on the shortfall for three months (till December)

We bring a private-equity mindset to flexi-cap investing, says Madhu Lunawat of The Wealth Company

BUSINESS

We bring a private-equity mindset to flexi-cap investing, says Madhu Lunawat of The Wealth Company

'We have private equity style approach doing deep-dive research into companies, management teams, business DNA, and long-term sustainability," says Lunawat

September 15 ITR Deadline Nears: Easy guide to advance tax payment, due dates & late payment interest

BUSINESS

September 15 ITR Deadline Nears: Easy guide to advance tax payment, due dates & late payment interest

If you haven’t paid advance tax for FY25 yet, you can pay it at the time of filing your ITR. But for the next year, plan better by paying the due advance tax for FY26 by September 15 2025.

9% of Aditya Birla Health Insurance customers got 6–100% premium refunds for staying active, says Mayank Bathwal

BUSINESS

9% of Aditya Birla Health Insurance customers got 6–100% premium refunds for staying active, says Mayank Bathwal

'The industry will likely grow 15–20% this year, and we at Aditya Birla Health are growing faster around 40%. But yes, if costs continue to rise at 12–14%, it will reflect in premiums,' said the CEO of Aditya Birla Health Insurance

Net equity inflow for August declines 21% to Rs 33,430 crore, shows AMFI data

BUSINESS

Net equity inflow for August declines 21% to Rs 33,430 crore, shows AMFI data

The mutual fund industry’s overall assets under management (AUM) declined to Rs 75.18 crore from Rs 75.35 lakh crore in July and Rs 74.41 lakh crore in June.

Health and term insurance go GST-free ahead of September 22 rollout

BUSINESS

Health and term insurance go GST-free ahead of September 22 rollout

"Since underwriting and policy issuance often take time, customers can now buy their policy today without paying GST, with coverage beginning from 22nd September."

Senior living market expected to grow over 300% by 2030: Ankur Gupta, JMD, Ashiana Housing

BUSINESS

Senior living market expected to grow over 300% by 2030: Ankur Gupta, JMD, Ashiana Housing

"We create a lifestyle ecosystem. Daily activity calendars, fitness and yoga sessions, cultural events, resident clubs, outings, and volunteering opportunities keep seniors engaged and emotionally fulfilled."

Renewal premiums will also be exempt from GST from September 22: Kotak Life CEO Mahesh Balasubramanian

BUSINESS

Renewal premiums will also be exempt from GST from September 22: Kotak Life CEO Mahesh Balasubramanian

Individual companies may adjust rates based on their portfolio performance, but an industry-wide premium hike in the near term is unlikely, the Kotak Life managing director has said

ITR filing: Why you shouldn’t wait until September 15 to file your returns

BUSINESS

ITR filing: Why you shouldn’t wait until September 15 to file your returns

Filing early ensures you’re not paying unnecessary interest or waiting endlessly for refunds. Treat the extension as a cushion, not a deadline

GST exemption on health and life insurance: Will premiums actually become cheaper?

BUSINESS

GST exemption on health and life insurance: Will premiums actually become cheaper?

The GST Council’s decision to bring health insurance under the NIL GST bracket is a landmark move that will make healthcare protection more affordable and accessible for millions of Indians

Can GST exemption be claimed on insurance policy renewals due before Sept 22 if paid in grace period?

BUSINESS

Can GST exemption be claimed on insurance policy renewals due before Sept 22 if paid in grace period?

If the renewal date is before September 22 and the insurer has issued the invoice, GST will apply even if you pay later during the grace period to avoid GST

GST 2.0: Should you put your shopping on hold till September 22?

BUSINESS

GST 2.0: Should you put your shopping on hold till September 22?

This festival season won’t just be about retailer discounts but also how effectively lower GST rates trickle down to conusmers

Accrual vs receipt: How to disclose NSC, KVP and RD interest incomes in ITRs

BUSINESS

Accrual vs receipt: How to disclose NSC, KVP and RD interest incomes in ITRs

For post-office schemes, compute interest on an accrual basis and disclose it annually in the returns under the 'income from other sources' head

Gold at record highs: Should you sell, buy or wait for a dip?

BUSINESS

Gold at record highs: Should you sell, buy or wait for a dip?

To buy physical gold during festival season, buyers can wait for a correction, which is expected to be in the Rs 1,000–Rs 1,500 range from current levels

ITR filing: Can one claim tax rebate on short term capital gains manually for FY25?

BUSINESS

ITR filing: Can one claim tax rebate on short term capital gains manually for FY25?

Some tax experts argue that since the law is currently on the taxpayer’s side, the 87A rebate can indeed be claimed manually for STCG. Others say not to include to avoid tax notices in future.

Income tax twist: How April 2023 and July 2024 reshaped capital gains on mutual funds

BUSINESS

Income tax twist: How April 2023 and July 2024 reshaped capital gains on mutual funds

Mutual funds are now taxed under three categories: equity-oriented mutual funds, specified/debt-oriented mutual funds, and other mutual funds. While equity taxation is straightforward, the rates on non-equity funds vary by scheme and even depend on both purchase and redemption dates.

Real money gaming banned, but gains liable to income tax: Be prepared to declare in your tax returns

BUSINESS

Real money gaming banned, but gains liable to income tax: Be prepared to declare in your tax returns

Net income from online games is treated as taxable income, and is subject to a 30% tax under Section 115BB of the Income Tax Act.

ITR Filing: Is another extension coming for the September 15 tax deadline?

BUSINESS

ITR Filing: Is another extension coming for the September 15 tax deadline?

Although the CBDT extended the due date for non-audit cases from July 31, 2025, to September 15, 2025, the utilities for ITR-5, ITR-6 and ITR-7 were released only in August. ITR 2 and 3 also came out much later than usual on 11th July, 2025.

8–10% ITC cushion remains critical factor in determining whether premiums actually fall: Mayank Bathwal of Aditya Birla Health Insurance

BUSINESS

8–10% ITC cushion remains critical factor in determining whether premiums actually fall: Mayank Bathwal of Aditya Birla Health Insurance

Currently, insurers adjust about 8–10% of input tax credit against the 18% GST charged on premiums.

Old vs new tax regime: Should you still invest under Section 80C?

BUSINESS

Old vs new tax regime: Should you still invest under Section 80C?

It may still make sense to continue with the old regime if the deductions and exemptions exceed the savings from the new regime's reduced rates

Can a second health insurer pay if the first rejects your claim?

BUSINESS

Can a second health insurer pay if the first rejects your claim?

For example, if your hospital bill is Rs 4 lakh and your first insurer pays Rs 3 lakh, you can claim only the remaining Rs 1 lakh from your second insurer. You cannot profit by claiming more than what you spent.

Rising property costs delay home ownership as average loan age now 41: Bhavesh Jain of TransUnion CIBIL

BUSINESS

Rising property costs delay home ownership as average loan age now 41: Bhavesh Jain of TransUnion CIBIL

Five years ago, overall retail delinquency was about 3%. It’s now below 2%, as of March 2025, it was at 1.6%, says Jain

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