In the upcoming GST Council meeting this month, life and health insurance policyholders can expect some relief. The all-powerful GST council is expected to reduce or completely abolish the GST on life and health insurance premium. This issue has been pending for a long time, but now there are indications that some concrete steps can
Retirement planning has become more important now than ever. Given the rising inflation, increase in life expectancy and limited social security facilities, retirement planning is no longer an option but a necessity. If you are in your 30s and want to have a strong retirement corpus at the age of 60, it is important to
In recent months, many banks have cut their fixed deposit (FD) interest rates in the wake of the RBI’s 100 basis points cut in the repo rate since February 2025. Despite this, some banks are still offering attractive interest rates on fixed deposits for senior citizens. These banks are small finance banks, which always have
Yashwant Singh, a scion of a royal family from Rajasthan, has purchased a luxury bungalow in Delhi’s elite Golf Links neighbourhood for Rs 100 crore, according to property registration documents obtained via CRE Matrix. The luxurious property, sprawling over 588.97 sq m of land with an impressive built-up area of 867.33 sq m, features a
In May, the Central Board of Direct Taxes (CBDT) had announced September 15, 2025, as the deadline for filing income tax returns (ITRs) for non-audit cases. However, with critical return filing utilities still pending and system delays continuing, tax experts are urging an official extension of the due date to September 30 for non-audit cases
In a major relief for loan borrowers, the Reserve Bank of India (RBI) has said that no prepayment charge will be levied on floating rate loans from January 1, 2026. That is, if you want to repay the loan before time, then no additional charge will have to be paid. On which loans will this
Premium homes are gaining popularity in India’s housing market. According to Knight Frank India, nearly half of all residential property sales in the first half of 2025 were for homes priced above Rs 1 crore. This marks a clear shift in buyer preference towards larger and more luxurious homes, highlighting a growing trend of premiumisation
If you’re planning to buy a home in the ongoing financial year, here’s a reality check. Property prices will keep going up, though at a moderate pace, according to a report. After two years of double-digit growth, real estate rates are now set to rise at a steadier pace of 4-6% annually, according to a
WHENEVER A NON-RESIDENT Indian (NRI) sells a property, the buyer has to deduct tax on the gross sale consideration rather than on the actual taxable gains. However, there’s a way out to ensure that tax is withheld only on the real capital gains arising from the sale and not on the entire transaction value. For this
After being formally separated from gambling-based segments, esports are now eyeing towards becoming a far more attractive proposition for mainstream corporate sponsors and institutional investors. Esports’ Rise vs. RMG’s Decline Esports, which traditionally depends on sponsorships and media rights, is now expected to grow fan-led monetisation through event ticketing, merchandise and digital engagement. Big brands
Shares worth Rs 1.75 lakh crore are set to be unlocked in the next three months (August 28-November 27), as the pre-listing lock-in period of promoters, anchor investors, and other shareholders in 57 companies is set to expire, according to a report by Nuvama Institutional Equities. While this unlocking will increase the supply of shares
Paving the way for an overhaul of the eight-year-old goods and services tax (GST) regime, a group of ministers on rate rationalisation has given its nod to the Centre’s proposal for a reduction in tax slabs and rates, even as some opposition-ruled state sought compensation for revenue losses. This is a shot in the arm
After the government unveiled a sweeping ban that could wipe out their businesses overnight, a shell-shocked online gaming industry has requested the government to reconsider and take a more calibrated stance on banning real money gaming (RMG). Some are also weighing the option of taking legal recourse. The Esports Players Welfare Association (EPWA) on Wednesday
