BUSINESS
Rajasthan High Court extends due date for tax audit to October 31: Is similar notification expected across India? Tax expert clarifies
The Rajasthan High Court's Jodhpur Bench has issued an interim order in response to a writ petition filed by the Tax Bar Association Jodhpur. Similar petitions have been filed across the country.
BUSINESS
From Gifty City to Private Credit: Why are they on the investment radar of HNIs and ultra-rich?
The ultra-wealthy are rewriting the rules of investing in India. They’re moving away from plain-vanilla equities and FDs, embracing high-yield plays like private credit, venturing into AIFs for bold bets, and using GIFT City as a launchpad to the world.
BUSINESS
Gold shines bright. Should you buy, hold or sell?
Wait for the correction before making fresh allocations but do keep gold in your portfolio. As history has shown, when uncertainty rises, gold shines the brightest
BUSINESS
Is tax audit required if you incur a loss in F&O trading?
Tax audit depends on the turnover from F&O trading. Turnover is a critical factor because tax audit is triggered only when turnover crosses prescribed limits
BUSINESS
Trump Gold Card vs EB-5: Which route to U.S. Permanent Residency is faster for the ultra-wealthy?
Unlike EB-5, which involves an investment of $800,000, Trump Gold Card has a fee of $1 million. So, there is no return of capital or potential to earn revenue on this amount.
BUSINESS
Trump Gold & Platinum Cards: How ultra-rich can obtain US Residency; eligibility, taxes and cost
The Trump Gold and Platinum Cards are not for the average investor. They are tools for the ultra-wealthy seeking access and flexibility in the U.S.
BUSINESS
Health insurers offering 'Day-1' protection against diabetes for higher premiums
Most health insurance plans impose a 2–3 year waiting period for pre-existing diseases like diabetes. Some may offer early cover but at the cost of higher premiums or disease-specific co-payments.
BUSINESS
Sept 30 tax audit deadline: Why freelancers, professionals and small businesses can’t ignore Section 44AB
If you’re a freelancer or a professional like a doctor, lawyer, architect or a CA and your annual income exceeds Rs 50 lakh, you need a tax audit
BUSINESS
Fed’s Rate Cut: What it means for Indian borrowers, savers, and investors
For Indian households, savers, and investors, the Fed’s move carries different implications calling for a recalibration of financial strategies.
BUSINESS
Path to Rs 5 crore: How the first Rs 50 lakh takes 8 years and the final Rs 50 lakh just 10 months
Even more revealing is how the source of each Rs 50 lakh tranche flips completely. Early on most of the Rs 50 lakh comes from your contributions, however, near the end nearly all of it comes from returns.
BUSINESS
Why filing ITR early is a smart choice: Faster refunds to old regime option and carry forward of losses
Early tax filing has several advantages, as it allows the taxpayer to carry forward losses, avoid late fees and ensures that refunds, if any, are processed faster.
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
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
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)
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
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.
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
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.
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."
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."
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
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
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
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
