‘I need 10 crore… then life is set!’ You must have heard this many times or maybe you have said it yourself. But is a huge amount like Rs 10 crore or Rs 50 crore really necessary to achieve financial freedom? This debate has been going on for decades and will continue in the future
On April 18, 2025, at the time of writing this article, gold prices in India have breached the Rs 96,000 per 10 grams, driven by a host of domestic and global factors. In the international market, gold prices have crossed USD 3,300 an ounce level. There are many big reasons behind this unprecedented rise at
The Income Tax Return (ITR) filing for the financial year 2024-25 will kick in soon once the tax department makes available online and offline forms and utilities on the e-filing portal of the Income Tax Department. Taxpayers, including salaried individuals, keenly await the tax department to upload the necessary utilities to facilitate ITR filing so
If you bought Sovereign Gold Bond (SGB) 2019-20 Series V in October 2019 and are planning to sell it prematurely, i.e., before the completion of 8 years, you can do it now. From 15 April 2025, the facility for premature redemption of bonds of this series is available. The government has fixed the redemption price
The high interest rate regime seems to be over in the country with the RBI slashing its repo rate, at which it lends to commercial banks, by 50 basis points (bps) this year. The key benchmark lending rate of the central bank now stands at 6% after last 25 bps cut on April 9, 2025.
The new financial year has started and now taxpayers want to know when they can file their Income Tax Return (ITR) for the assessment year 2025-26. However, for this, first the Income Tax Department will have to notify the ITR forms for the current assessment year. Seven different ITR forms were notified in April last
There is an important news for the employees of the central government. The Ministry of Health & Family Welfare has clarified that if monthly contribution is being deducted regularly from the salary of an employee under CGHS (Central Government Health Scheme), then it is mandatory to give him CGHS service card, even if he has
Unified Payments Interface (UPI) services experienced a major disruption across India, marking the third major outage in a month. Users are facing widespread issues on digital payment platforms like Paytm, Google Pay and PhonePe. (More details are awaited.) » Read More
The last date for Income Tax Return (ITR filing AY 2025-26) is now just 4 days away. This deadline will end on September 15, 2025. In such a situation, crores of taxpayers would like to see another extension in the return filing deadline. The finance ministry extended the deadline for taxpayers in May this year
JSW Group companies have been in focus. While JSW Energy boosted its renewable push with capacity addition, JSW Infra has made a brownfield rail siding acquisition. Both companies are betting on big expansion. Here are all the details- JSW Energy commissions 317 MW RE Capacity JSW Energy, a JSW Group company, announced that it has
The Securities & Exchange Board of India (Sebi) plans to end weekly expiry hit stocks of brokerage firms, clearing houses and the only listed stock exchange – BSE – on Thursday. The stock price of BSE and Angel one were down l 4.5% and 4.9%, respectively. Nuvama Wealth’s stock price closed 3.4% lower. Share prices
After an exceptional July, when inflows into equity funds soared to Rs 42,702 crore – the highest this calendar year – in August, flows were more subdued at Rs 33,430 crore – a drop of 22%, according to data from Association of Mutual Funds in India (Amfi). Retail investors continued to tap the equity market
UltraTech Cement is stepping up its play in southern India, with the region emerging as a critical growth engine for the country’s largest cement maker. According to analysts, the company has increased the south’s share of its total grey cement capacity to about 27%, compared with 16% in FY23, while its share of the industry’s
