The Goods and Services Tax (GST) Council may settle for a reduction in the tax rates on health & life insurance, instead of a full waiver. The GST, which now applies at 18% on gross premiums, is likely to be reduced to 5%, while retaining the facility of input tax credit, according to official sources.
Driven by its scenic beauty, relaxed lifestyle, and strong tourism-driven economy, Goa’s real estate market has been a hotspot for investors, second-home buyers, and NRIs. The state’s property market has evolved beyond vacation homes, witnessing growing demand for luxury residences, high-yield rental properties, and commercial developments. Further, policy initiatives promoting sustainable tourism, ease of doing
The last six months have been extremely volatile for equity markets globally. US trade tariff policies in Trump 2.0, geopolitical tensions, and FIIs (foreign institutional investors) shifting capital from India jolted the domestic market. This market plunge led to most mutual fund categories suffering deep losses over the last three to six months. If we
For senior citizens thinking about opening a fixed deposit account soon, now might be the right time to act, as interest rates for fixed deposits could start to drop shortly, following the recent rate cut by the RBI. Fixed deposits specifically catered to those aged 60 and above offer numerous advantages tailored to the unique
The housing market continued its downward trend with housing sales in India’s top 9 cities falling by 23% while supply declining by a whopping 34% in Jan-March of 2025, said a report by data analytics firm PropEquity. Housing sales in Q1 2025 stood at 1,05,791 units as compared to 1,36,702 units in the same period
Borrowing may look like an easy task but making the right decision based on the options available is crucial when you have a specific financial need. With numerous lending options available in the market, selecting the right one can be overwhelming. If you need a small amount of quick cash, two popular choices are gold
By Chaitali Dutta l My son will go to the US for higher education. Should I opt for a loan in India instead of a loan abroad as the rupee is depreciating?—Yash SharmaAns: Yes, education loans in rupee in India are widely available. You may choose the institution that offers low interest rates and a
In a major update for central government pensioners, the centre has reiterated that there are no plans to reduce the minimum age eligibility for additional pension to retirees. The central government has made it clear that the minimum age for additional pension will remain 80 years. In response to a question asked in the Lok
In the recently published monthly review and outlook for gold, PersonalFN had highlighted that the rally in gold is expected to continue in the near term supported by a weaker US Dollar during the month, rising inflation expectations in the US, along with lower rates and geoeconomic uncertainty. And indeed, gold prices continue to be on
JSW Steel Ltd. has emerged as the world’s most valuable steel company, surpassing industry giants like ArcelorMittal and Nucor Corp. The Indian steelmaker now boasts a market capitalisation of $30.31 billion, outpacing its closest competitors by $91 million to $3 billion. As the flagship company of the JSW Group, it operates integrated steel plants in
The GIFT Nifty implied a positive start. However, the Asian indices are trading in the green following overnight gains in the US stock market due to easier Trump tariffs than expected. Previously, on Tuesday, the NSE Nifty 50 closed the session 10 points or 0.04% higher at 23,669, while the BSE Sensex rose 33 points
The market regulator, Securities and Exchange Board of India has imposed Rs 4 lakh fine on Basant Maheshwari Wealth Advisers. The company is accused of breaking rules about fees and using misleading captions in its YouTube videos. The fine has to be paid within 45 days. Otherwise, the market regulator may charge interest and may
The stock market is buzzing with action. If you are uncertain about which stocks to focus on, here is a detailed overview of the stock-related news overnight. You can track all the action in these stocks. Earlier on Tuesday, the NSE Nifty 50 closed the session 10 points or 0.04% higher at 23,669, while the
