Money

SBI Life has launched a term insurance plan called ‘SBI Life – Smart Shield Plus’, designed for consumer’s evolving insurance needs, the insurer said in a statement. Claiming to have some ‘future-ready features’, the term insurance plan comes with an increasing cover, whole life protection and optional benefits, it said. “This individual, non-linked, non-participating, pure

In the world of investing, you will probably find only a handful of people who have managed to achieve ‘legend’ status. Warren Buffett is one of them. 94-year-old Buffett, who now has a personal fortune of over $140 billion, transformed investing into an art and discipline. His ideas – which he has shared over the

The Income Tax Bill 2025 passed in the Lok Sabha on Monday has brought great relief to government pensioners and many other taxpayers. The new bill clearly provides that the entire amount of commuted pension will be exempted from tax, provided this pension is received from an approved pension fund. Earlier this exemption was available

The new Income Tax Bill, 2025 was passed in the Lok Sabha on Monday without debate. Earlier today, Finance Minister Nirmala Sitharaman reintroduced the Income-Tax (No 2) Bill in the Lok Sabha, days after it was withdrawn in the House to incorporate key recommendations of the Select Panel of the Lok Sabha. One more bill

The Reserve Bank of India has announced Sovereign Gold Bonds (SGB) 2019-20 Series-IX and 2020-21 Series-V premature redemption date. The investors can opt for premature redemption on August 11, at Rs 10,070 per unit. The maturity period of SGBs is 8 years. The early redemption is allowed only after the fifth year from the date

Most of us make a mistake when planning for retirement – underestimating the impact of inflation. We think that the amount we are saving today will be enough to meet our needs after retirement. But the reality is that inflation reduces the purchasing power of money year after year. Today, we will understand this through

The government is going to introduce a new revised Income Tax Bill in the Lok Sabha on August 11, which will include many important changes compared to the old bill. The original bill introduced in February this year was sent to the Select Committee of Parliament for review. Now the government will introduce a revised

India’s leading IT company Tata Consultancy Services (TCS) has recently announced plans to reduce its workforce by 2%. This figure indicates the loss of more than 12,000 jobs. The IT bellwether’s move has created a wave of concern not only in the Indian IT sector but in the corporate world as a whole. The company