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Mumbai and Pune’s luxury real estate market is thriving, with growing demand for homes offering long-term value and sustainability. Both cities are witnessing a transformation towards properties that harmoniously combine urban living with extensive amenities, attracting buyers who prioritize comfort and meaningful living, says Vishal Jumani, Joint Managing Director, Supreme Universal. In an exclusive interview

Presenting the Union Budget 2025-26 on February 1, Finance Minister Nirmala Sitharaman announced the government’s plan to introduce the new Income Tax Bill in Parliament. In her budget speech last Saturday, the FM said the “clear and direct” Income Tax Bill will be introduced “next” week. But now media reports are suggesting that the new

Borrowers may soon benefit from lower Equated Monthly Instalments (EMIs) as the Reserve Bank of India’s Monetary Policy Committee (MPC) is expected to reduce the repo rate for the first time in nearly five years. The policy decision, to be announced on February 7, will be the first under the newly-appointed RBI Governor Sanjay Malhotra.

Midcap mutual funds allow investors to invest their capital in midcap companies. Midcap funds have the right balance of risk and return, so there is a possibility of high returns from these funds in the mid- to long term. These funds are mandated to invest at least 65% of their assets in midcap stocks. Who

ITI Mutual Fund has launched ITI Bharat Consumption Fund, an open-ended thematic fund that will follow the consumption theme. ITI Bharat Consumption Fund would predominantly invest in equity and equity-related securities of companies engaged in consumption and consumption-related activities or allied sectors, ITI Asset Management Company Ltd (ITI AMC) said in a statement. Who should

In a bid to provide relief to homebuyers, the Insolvency and Bankruptcy Board of India (IBBI) has allowed resolution professionals (RP) to hand over possession of plots, flats, or buildings to homebuyers while the resolution process is still ongoing. Through amending ‘Insolvency Resolution Process for Corporate Persons’ regulations, the IBBI has allowed the RP to

Finance Minister Nirmala Sitharaman made minor tweaks to the capital gains tax system in Budget 2025, following a major overhaul in the July 2024 Budget. The tax rates and holding periods for different assets remain unchanged, meaning the rules for long-term capital gains (LTCG) and short-term capital gains (STCG) will continue for the financial year

A new Income Tax Bill will be introduced in Parliament this week, which will replace the existing Income Tax Act of 1961. The new tax law is being brought to make the tax process simple and clear. Union Finance Minister Nirmala Sitharaman made many important announcements while presenting the budget on February 1. The most