The domestic stock market suffered a significant decline on Monday, August 5. The Sensex fell by nearly 3% to 38,580.46, while the Nifty 50 dropped by almost 2% to 11,277.60. The primary reasons for this decline are growing recession fears in the US and escalating tensions in the Middle East. At 9:45 am, the BSE … Read more
The Modi government is working to increase the minimum pension for about 78 lakh pensioners under the EPS-95 scheme. The government is considering the demand to raise the minimum monthly pension to Rs. 7,500. Union Labor and Employment Minister Mansukh Mandavia met with representatives of the pensioners’ association and assured that the government will take … Read more
The Insurance Regulatory and Development Authority of India (IRDAI) is launching a new, affordable insurance plan called Bima Vistaar. This single plan simplifies getting insured by covering multiple areas and keeping costs lower. This plan is offering basic protection for you and your family at a low cost (just Rs 1,500!). One policy, many protections … Read more
Avoid common mistakes while filing your ITR. Know how to choose the right ITR form, reconcile Form 26AS, report all income, and more. Get expert tips and tricks ensure a smooth ITR filing experience. File your Income Tax Return accurately and on time to avoid penalties. Filing your income tax return (ITR) can be a … Read more
Ever wondered how your monthly loan payment (EMI) is calculated? It might seem like magic, but there’s a simple formula behind those numbers. Understanding EMI can help you make informed decisions about borrowing and managing your finances. When you decide to take out a loan, whether it’s for a car, a house, or any other … Read more
Understand the components of GST: CGST, SGST, IGST, and UTGST. Learn about GST history, types, benefits, and impact on Indian economy. What is GST? GST, or Goods and Services Tax, is a single, indirect tax applied on the supply of goods and services in India. It replaced a bunch of older taxes, making things simpler … Read more
Income Tax season can be droubling, but with careful planning and strategy, you can significantly reduce your Income tax burden. Understanding how to save on taxes not only puts more money in your pocket but also ensures you’re making the most of available opportunities. Tax saving plans As the financial year draws to a close, … Read more
File Your ITR without Form 16? Yes, it’s possible. Know how to file it using payslips, bank statements & Form 26AS. Many people have questions about filing tax returns, especially whether it’s possible without Form 16. Here’s a guide for filing your ITR for FY 2023-24 (Assessment Year 2024-25). What is Form 16 and Why … Read more
Learn about the tax implications of investing in physical, paper, and digital gold. Discover the tax rates, exemptions, and filing requirements for your gold investments. Are you considering investing in gold? Whether you prefer physical gold coins, paper gold investments, or digital gold assets, it’s essential to understand the tax implications of your investment. Gold … Read more
Streedhan is a term that refers to property owned by a woman. It’s a crucial aspect of women’s rights in India. Unlike dowry, which is illegal, stridhan is a legal concept. Recent Supreme Court rulings have strengthened these rights, making it clear that stridhan belongs solely to the woman. What is Streedhan? Streedhan encompasses a … Read more