Money

As India approaches the Union Budget for 2025, speculation is rife about potential changes to the income tax structure, particularly regarding the highest tax slab of 30%. This slab, which applies to individuals earning above Rs 15 lakh annually, has been a subject of debate among policymakers, economists and taxpayers. The question on everyone’s mind

In a relief to senior citizens, the Insurance Regulatory and Development Authority of India (Irdai) has limited annual premium hikes on health insurance policies sold to them to 10%. In a circular issued on Thursday, the regulator directed all health and general insurers offering indemnity-based health insurance to limit annual premium increases for senior citizens.

Ever since the Modi government introduced the New Tax Regime in the 2020 Budget, one of the most discussed topics among taxpayers has been which tax regime is better. The answer largely depends on an individual’s income level. For instance, if someone earns up to Rs 7.5 lakh annually, they are better off under the

The government has announced the formation of the 8th Pay Commission to review the pay scales of its employees. With the economy at a critical juncture, a hike in their salaries will help boost consumption and put the economy into a higher growth trajectory, explains Lekha Chakraborty. A helping hand to drive economic recovery This

In recent years, the domestic mutual fund industry has attracted investors across various segments. Ahead of the tax and policy proposals in the Budget, industry players, consultants, and associations are preparing their recommendations. These include addressing anomalies in the interpretation of tax laws, advocating for tax treatment parity, and other measures to support sectoral growth

Goa has long been a coveted destination for homebuyers, attracting those looking for second homes, vacation retreats, and luxury investments. While opulent villas priced above Rs 5 crore continue to dominate premium locations like Assagao, Anjuna, and Morjim, the state’s real estate market is evolving to accommodate a wider range of buyers.Prospective homeowners can now

As the much-anticipated Budget 2025 approaches, India’s salaried class is hoping for reforms from Modi 3.0 that could alleviate financial burdens and enhance disposable income. Representing a significant portion of the taxpayer base, the salaried workforce is looking for a more inclusive and supportive financial framework. Their expectations range from tax reforms and higher exemptions

As Finance Minister Nirmala Sitharaman gears up to present the Union Budget 2025 on February 1, homebuyers are hopeful for reforms that enhance affordability, streamline regulations, and uplift real estate market sentiment. High interest rates and taxation continue to put financial pressure while rising inflation has dampened demand in the mid and affordable housing segments.