Written by Pavani Soni The self-help sections in bookstores are replete with texts on ‘How to be rich (quickly)?’. There are numerous courses and discourses on means of generating passive income, exploring side gigs, and becoming the rich dads. With an expansive life expectancy, it’s natural to seek sustenance beyond regular employment. But there’s another
The Employees Provident Fund Organisation (EPFO), which has more than 7 crore active members working in the organised private sector in the country, has ushered in some landmark reforms on the policy front this year. There are several other initiatives in the pipeline. The purpose of these changes is to simplify the process, bring more
The Central Board of Direct Taxes (CBDT) has rolled out as many as seven ITR (income tax return) forms incorporating some key changes in them to align with budget announcements made last year to meet policy objectives and evolving tax norms. These forms, however, have been notified with quite a delay this year if compared
Top 5 debit cards offering complimentary airport lounge access in India: After banks saw a growing demand for credit cards offering complimentary lounge access at airports in India and abroad by Indian users, they started offering the key facility for travelers on their select debit cards also, along with other important benefits like cashback, air
The Income Tax Department has released the income tax return forms for the financial year 2024-25 (assessment year 2025-26). That is, now you can give the account of income and tax paid from 1 April 2024 to 31 March 2025 by filing an income tax return. Like the previous year, the government has notified seven
Systematic Investment Plan (SIP) in mutual funds have emerged as a preferred choice for investors aiming for wealth creation through equities. Investing in mutual funds SIP works just like like recurring deposits (RD) with a bank, where you deposit a fixed sum of money regularly. The only difference here is that your money is deployed
Mumbai, Delhi and Karnataka would lead the direct tax collection charge with enhanced targets for FY26 as the Centre has pegged a collection growth of 13.2% at Rs 25.2 lakh crore for the year, despite substantial income tax relief in the budget. ALSO READNearly 1000 flights cancelled since the start of Operation Sindoor As
Warren Buffett, the oracle of Omaha and Ravi from Delhi have something in common. They both were witness to what can be called a superpower. While Buffett used it deliberately, Ravi’s story reveals a powerful lesson for the impatient investors, who want to keep jumping from one investment to the other. Discover this superpower below…
The government has notified the income tax rules, under which two new tax limits have been fixed on perquisites (non-salary benefits) given by the employer to the employees. These changes will especially affect those employees whose income is low or who get different types of facilities from the employer. The amendment notified on 18th August
The Central Bureau of Investigation (CBI) on Saturday registered a case against industrialist Anil Ambani and carried out searches at his residence as well as the premises of Reliance Communications Ltd. in connection with an alleged bank fraud that caused a loss of over ₹2,929 crore to the State Bank of India (SBI). ALSO READBank
All eyes are on the Tata Capital IPO. This Tata Group company has to mandatorily list its shares on the stock exchanges by September 30, 2025. This is as per a Reserve Bank of India (RBI) directive that mandates that after being identified as an NBFC upper layer, the company needs to be listed within
WHENEVER A NON-RESIDENT Indian (NRI) sells a property, the buyer has to deduct tax on the gross sale consideration rather than on the actual taxable gains. However, there’s a way out to ensure that tax is withheld only on the real capital gains arising from the sale and not on the entire transaction value. For this
After being formally separated from gambling-based segments, esports are now eyeing towards becoming a far more attractive proposition for mainstream corporate sponsors and institutional investors. Esports’ Rise vs. RMG’s Decline Esports, which traditionally depends on sponsorships and media rights, is now expected to grow fan-led monetisation through event ticketing, merchandise and digital engagement. Big brands
