Best mutual funds: When investing in a mutual fund scheme, investors often examine the scheme’s returns and compare them with those of other schemes in the same category. Although past returns may not continue in the future, investors often base their investment decisions on how a scheme has performed in the past. Here, we list…
The Income-Tax Bill, 2025, which was introduced in the Lok Sabha on February 13 to replace the existing Income-Tax Act, 1961, has now been withdrawn, paving way for the revised Income Tax Bill, 2025. The revised bill incorporates most of the recommendations given by the select committee — which examined the Income Tax Bill 2025…
8th Pay Commission News: Central government employees and pensioners are eagerly awaiting for updates regarding new developments linked to the 8th Pay Commission, which is likely to significantly raise their salary and pension. Here is everything you need to know about the 8th Pay Commission and its benefits. What is the 8th Pay Commission? The…
Income Tax: Those taxpayers who have already filed their income tax return (ITR) for FY 2024-25 could be waiting for the refund, whereas those who have yet to file their return could be staring at myriad problems. One of the key dilemmas they are perhaps facing relates to the choice of income tax regime: old…
Effective 11 August, investors will now have 11 calendar days to review and act on requests to change the distributor (ARN) linked to their mutual fund folios. A switch will only be processed if the investor explicitly approves it within this window. If no action is taken, the request will lapse. More significantly, Amfi has…
Government bonds dipped in early trading on Friday, as investors remained cautious ahead of the weekly debt sale that will test demand. The yield on the benchmark 10-year bond was at 6.396%, as of 12:57 pm, while it closed at 6.3861 per cent on Thursday. Bond yields move inversely to prices. Government is set to raise ₹25,000…
In this income tax return (ITR) filing season, it becomes important to track the status to ensure the ITR has been successfully verified and processed by the Income Tax Department. Checking your ITR status is also important to quickly resolve any issues and avoid penalties by identifying and correcting errors early. Notably, the Income Tax…
Health insurance policies usually come with a waiting period for pre-existing diseases (PED). While insurers have launched plans that cover PEDs such as diabetes, asthma, and high blood pressure, all standard policies start covering ailments only after 30 days, except in cases of accidents. How about an insurance with a ‘Tatkal Benefit’ that covers your…
8th Pay Commission news: Union Minister Piyush Goyal announced earlier this year that the Cabinet has approved the constitution of the 8th Pay Commission to revise the salaries of central government employees. Notably, the fitment factor will be one of the most keenly watched factors in the 8th Pay Commission. Here’s a detailed guide on…
I didn’t feel broke. But when I looked closer, I was bleeding money. Not on splurges. Just boring, forgettable auto-debits, ₹99 here, ₹299 there, on apps I hadn’t touched in months. It was death by a thousand tiny subscriptions, until I tried something weirdly effective. I opened ChatGPT and typed: “Help me cancel all the…
