In the wake of RBI repo rate cuts in the last around 6 months, the affordability of homes for buyers has improved across eight major cities in the country in the first half of this year, according to a report. According to Knight Frank India’s latest Affordability Index for H1 2025, housing affordability has improved
The Income Tax Department has so far released only the offline and online utilities of ITR-1 and ITR-4 to enable income tax return (ITR) filing. However, corresponding utilities for other ITR forms, including ITR 2 and 3, are yet to be made available. While the last date for filing returns has been extended to 15
Imagine a card with 20 holes. Each hole is an investment you can make in your life. Punch one, and it has gone forever. That is Warren Buffett’s “20 punch card rule.” in the simplest terms. It is a simple idea that makes you pick investments wisely. In India, where IPOs flare up and the
The escalating conflict between Israel and Iran is expected to harden India’s marine insurance market, with annual premiums of over ₹5,000 crore. Industry players are warning of a spike in freight costs and insurance premiums due to mandatory war cover for vessels transiting the Red Sea en route to West Asia and Europe. A spokesperson
Buying a luxury independent floor in South Delhi just got a lot more expensive. Property prices in the region have jumped between 64% and 105% in the last three years, according to a new report by Golden Growth Fund (GGF), a Category-II real estate-focused Alternative Investment Fund (AIF). According to the report, in Category-A colonies
The Centre has given the green light to the 8th Pay Commission, which is set to revise pay and pensions for over 1 crore employees and retirees. The revised pay structure is expected to come into force from January 1, 2026. ALSO READATM withdrawals, other banking services to be costlier from July 1 – here’s
If you think that RBI’s repo rate cut affects only loans, then this news is important for you. In the last 5 months, the Reserve Bank of India (RBI) has cut a total of 100 basis points i.e. 1% in three monetary policy meetings (MPC). Its direct impact is now visible on the interest rates
In today’s fast-paced world, planning for retirement is crucial for everyone, especially for those in their 20s and 30s who’ve just begun their financial journey. For many, the figure of Rs 1 crore has long symbolised financial success. From childhood, we’ve heard that becoming a “crorepati” means you’ve made it. But in the world of
The government has notified the income tax rules, under which two new tax limits have been fixed on perquisites (non-salary benefits) given by the employer to the employees. These changes will especially affect those employees whose income is low or who get different types of facilities from the employer. The amendment notified on 18th August
The Central Bureau of Investigation (CBI) on Saturday registered a case against industrialist Anil Ambani and carried out searches at his residence as well as the premises of Reliance Communications Ltd. in connection with an alleged bank fraud that caused a loss of over ₹2,929 crore to the State Bank of India (SBI). ALSO READBank
All eyes are on the Tata Capital IPO. This Tata Group company has to mandatorily list its shares on the stock exchanges by September 30, 2025. This is as per a Reserve Bank of India (RBI) directive that mandates that after being identified as an NBFC upper layer, the company needs to be listed within
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
