In a relief for taxpayers, the government has extended the deadline of Vivad Se Vishwas Scheme 2024 until January 31, 2025. This scheme’s second phase was announced in the Union budget in July 2024 to help taxpayers settle an ongoing dispute by paying a lower income tax. The Direct Tax Vivad Se Vishwas Scheme was
When investing new money in equity markets, the allure of waiting for the “perfect moment” — the bottom of a market fall — can be hard to resist. But does this timing actually make a significant difference in your long-term returns? Let’s find out. Jiral Mehta, Senior Research Analyst, FundsIndia, says, “We analyzed the lumpsum
New Fixed Deposit Rules 2025: The Reserve Bank of India’s revised regulatory framework for housing finance companies (HFCs) and non-banking finance companies (NBFCs) with respect to acceptance and repayment of public deposits will come into effect from January 1, 2025. The revised guidelines, announced in August this year, include acceptance of public deposits like those
In 2024, the real estate market solidified its role as a symbol of prestige, with opulent residences and premium commercial properties dominating the investment interests of wealthy purchasers. Fueled by heightened demand, innovative practices, and supportive government policies, a vigorous performance has profoundly altered the residential and commercial sectors, paving the way for continued expansion
7th Pay Commission: As the new year 2025 approaches, central government employees are eagerly awaiting the next round of hikes in dearness allowance (DA) for the January-June cycle. The Centre revises dearness allowance (DA) and dearness relief (DR) for over 1 crore central government employees and pensioners twice a year — once in the first
Infrastructure development forms the backbone of any region’s economic growth, serving as a foundation on which various businesses, industries, and sectors thrive. It encompasses essential facilities and systems such as transportation networks, utilities, and social amenities that support daily operations and long-term growth. In the context of commercial real estate, infrastructure development is a game-changer.
Govt employees alert! Non-reporting high-value transactions could lead to disciplinary action – Key guidelines you must know All central and state government employees must adhere to certain guidelines as far as reporting their high-value transactions is concerned. The Centre recently clarified certain aspects of rules governing reporting income and asset reporting by employees. The Minister
Bajaj Finserv AMC has launched the Bajaj Finserv Gilt Fund, an open-ended debt scheme investing in government securities across maturity with relatively high-interest rate risk and relatively low credit risk. The fund opened for subscription on December 30, 2024, and the New Fund Offer period ends on January 13, 2025. Bajaj Finserv Gilt Fund is
The Indian equity market peaked in late September 2024 with numerous stocks across the large-cap, mid-cap, and small-cap segments touching their lifetime highs. However, since then the mood in the market has been sombre as headwinds such as rich valuations, earnings slowdown, global trade uncertainties, etc. weighed on investor sentiments. The BSE Sensex has tumbled
Gold has been on quite a ride lately, jumping from Rs 25,000 to Rs 84,650 in just over a decade. Gold hit the Rs 25,000 mark for the first time in August 2011, and the Rs 50,000 mark for ten grams of gold was surpassed in July 2020. It took 108 months for the gold
For centuries, humans across the globe turned to gold as a trusted form of money, primarily because of its unique properties—scarcity, durability, and costly to forge. Gold was mined, refined, and minted into coins by private parties and rulers alike. Kings, in particular, would imprint their images on coins as a symbol of their reign
Foreign portfolio investors’ (FPIs) holdings of government bonds under the fully accessible route have declined, but they remained net buyers in February as the yield gap between US and domestic bonds narrowed. When the interest rate differential between US and domestic yields narrows, FPIs usually exit emerging markets in favour of safe-haven assets. This trend
Glance, the AI-powered subsidiary of contextual advertisement tech player InMobi, has raised around $23 million in debt financing from Stride Ventures, marking its first debt funding and first capital infusion since 2022, according to regulatory filings. The funds will support growth, expansion and general corporate activities. This funding comes as parent company InMobi prepares to
