Money

The government has proposed an amendment to the Finance Act 2025 to clearly state that target of search and seizure operations by the tax department will be “total undisclosed income,” instead of “total income.” In the Finance Act 2024, when the block assessment regime for search and seizure cases was introduced, the term ‘total income’

Is the central government planning to change the retirement age of employees working in various central departments? This question comes up before the government frequently through questions raised by members in Parliament. The government has once again answered the question. In response to questions asked recently in Parliament, Union Minister Jitendra Singh made it clear

When it comes to buying or selling property, it’s crucial to steer clear of any disputes related to ownership. There are instances where the person selling the property isn’t its actual owner. This can happen in joint ownership situations—like between family members—where one party might sell the property without the others’ knowledge. Such circumstances can

When the Indian government launched the Sovereign Gold Bonds (SGBs) scheme in 2015, it was said that the programme would be instrumental in encouraging an alternative mode of gold investment and lowering overall imports of the precious metal in the country. The scheme kicked off well and exhorted people to invest in SGB instead of

Do you travel abroad frequently? If yes, then it may be beneficial for you to get a credit card that gives you features like lounge access, discounts on hotel and flight bookings. You can also compare cards based on annual fee and welcome bonus. Features like airport lounge access, reward points on travel, air miles

Early retirement planning is crucial for effective financial preparation. However, while planning for golden years, various factors — including inflation rates, life expectancy, and increasing healthcare costs — must be considered to determine an appropriate retirement fund. Many individuals find it challenging to commence their retirement planning at the onset of their careers. To illustrate

India’s housing market witnessed a significant downturn in the first quarter of 2025, as sales in the top 9 cities fell by 23% while new supply plummeted by 34%, according to a report by data analytics firm, PropEquity.  In Q1 2025, units merely above 80,000 were launched showing an exponential decline in supply marking the

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.