The government has published a copy of the much-anticipated Income-Tax Bill, 2025. It is expected to be tabled in the Parliament on February 13. The bill aims to simplify tax laws and modernise compliance structures. It new bill lists out 23 chapters, 16 schedules, and 536 clauses covering a wide range of tax provisions. One of
The Income Tax Department has introduced an easy-to-use tax calculator on its official website to assist taxpayers in assessing their potential savings under the revised New Tax Regime for the fiscal years 2024-25 and 2025-26, following the Budget 2025 proposals. This tool allows individuals to compare their tax liability under both the old and new
Continuing the ongoing discussion on mid-cap and small-cap SIPs, Radhika Gupta, MD & CEO of Edelweiss Mutual Fund, shared fresh data in a social media post on Tuesday, and wrote: “Since we are all trying to decipher whether to stop, start, time or play the dip, on something as simple as a SIP, some interesting
With the rising cost of education, securing a child’s future has become a top priority for parents. To help parents build a disciplined saving habit, the Indian government introduced the NPS Vatsalya scheme, which now offers tax benefits under the Income-Tax Act, 1961. ALSO READHow you can pay zero income tax under new tax regime
The Union Budget 2025 has brought major relief for crores of taxpayers in India. The government has announced that non-salaried individuals earning up to Rs 12 lakh and salaried individuals earning up to Rs 12.75 lakh annually will be completely exempt from income tax. Additionally, tax experts have revealed that by utilizing deductions, allowances, and
Veteran fund manager S Naren’s comments have sparked a significant debate on SIPs, especially for the short-term in small and midcap funds. SIPs today are a very popular investment instrument. For the average investor, who wants a certain exposure to equities, the perception is that these seem to offer the perfect combination of risk and
Building wealth was a top financial priority for urban Indians in 2024. The majority, 74% of the surveyed planned to invest in financial instruments like stocks and mutual funds, reflecting a strong focus on wealth accumulation. Sixty percent prioritised building an emergency fund, reflecting the importance of financial security during unforeseen circumstances. This desire for
When taking a loan, understanding the interest calculation method is crucial. Two common methods are the Simple Interest (SI) method and the Reducing Balance (RB) method. These methods directly impact how much you end up paying over the loan tenure. It is crucial to pay attention to the borrowing jargons as it helps you understand
By Paras Pasricha Every year, like clockwork, car owners face the same familiar reminder of renewing their car insurance. Between busy schedules and endless to-do lists, it’s easy to push it to the last minute or even let it slip through the cracks. But skipping renewal isn’t just a minor inconvenience, it could leave you
By V K Sharma The Nifty closed at 22,795.90 on Friday, its lowest closing level since reaching an all-time high of 26,277.35 on September 27. The Nifty has gone below the 22,800 mark four times in intra-day terms but has always managed to bounce back above it on a closing basis. This puts the Nifty
While the Income Tax Bill, 2025 has consolidated the tax laws governing non-profit organisations (NPOs), tax experts have sought more clarity on the criteria for these entities to qualify for tax concessions. The new Bill seeks to explain ‘permissible commercial activities’ for registered NPOs – a feature which was absent in the extant I-T Act
Bengaluru based property developer Brigade Enterprises reported a more than threefold jump in its Q3 consolidated net profit to Rs 236.24 crore and its sales bookings rose 63% to Rs 2,492 crore in the December quarter. Pavitra Shankar, managing director, Brigade Enterprises, talks to Raghavendra Kamath about the company’s plans and outlook for the real
Third-party logistics provider Delhivery is betting big on road trains — tractor units towing multiple trailers — to transform transportation for high-volume sectors like automobiles and fast-moving consumer goods (FMCG). The company believes this innovation will significantly reduce costs and enhance efficiency. Arun Bagavathi, network design head at Delhivery, told FE that logistics is a
