Income Tax Saving: Claim Up to ₹1 Lakh Deduction on Health Insurance Premium Under Section 80D for FY 2024-25
New Delhi: Taxpayers opting for the old tax regime can significantly reduce their taxable income by claiming deductions under Section...
Finance
PPF vs SIP: Which Gives Better Returns on Rs 1 Lakh Annual Investment Over 15 Years?
If you are planning for long-term savings, both the Public Provident Fund (PPF) and Systematic Investment Plan (SIP) are good...
SIP Stoppage Ratio Hits Record 122% in February, Raising Investor Concerns
The Indian mutual fund industry is witnessing a sharp rise in SIP (Systematic Investment Plan) discontinuations, signaling growing investor caution....
New TDS Rules from April 1, 2025: Key Changes for FD Interest, Mutual Funds, and Lottery Winnings
The Union Budget 2025, presented by Finance Minister Nirmala Sitharaman, has introduced several revisions to the Tax Deducted at Source...
My SIP Investments Are in Losses. I Have Been Investing in Mutual Funds Since 2020. Should I Stop Now and Shift to Safer Options?
March 12, 2025 Many investors who have been investing in mutual funds through Systematic Investment Plans (SIPs) since 2020 are...
Buying a Home Together? Here’s Why a Joint Home Loan Makes Financial Sense
Owning a home is a dream for many couples, symbolizing stability and financial security. But the journey to homeownership can...
Income Tax Bill 2025: Know Your Rights as Tax Authorities Expand Digital Surveillance
New Delhi: The Income Tax Bill 2025 introduces expanded powers for tax authorities, allowing them to examine emails, social media accounts, trading activities, and...
EPFO 3.0 to Revolutionize Provident Fund Withdrawals with ATM Access and Digital Upgrades
New Delhi: The Employees' Provident Fund Organisation (EPFO) is set to undergo a major transformation with the launch of EPFO 3.0, introducing faster,...
Smart Money Habits: 8 Key Rules for Financial Freedom and Wealth Growth
Mastering financial discipline is the key to long-term wealth and security. Here are eight essential money rules to help you...
Accidental Bank Transfers: The Importance of Prompt Action and Integrity
In today's fast-paced digital banking environment, erroneous fund transfers can occur, leading to unexpected credits in bank accounts. Such incidents...
Keep Your NPS Account Updated: A Simple Guide to Changing Bank Details
Managing your National Pension System (NPS) account efficiently is crucial for a hassle-free retirement savings experience. One of the essential...
Are Gifts from Parents Taxable? A Detailed Guide
According to the provisions outlined in Section 56(2)(x) of the Income Tax Act, 1961, any monetary gift received from a...
EPF Withdrawal to Become Easier? Soon, Withdraw Funds via UPI – Everything You Need to Know
The government is planning to simplify Employees’ Provident Fund (EPF) withdrawals by introducing UPI-based claims settlement. This initiative aims to reduce claim rejections...
Personal Loan: When Can You Claim Tax Benefits on Interest Paid?
Personal loans are typically not eligible for income tax benefits, unlike home loans. However, under certain conditions, borrowers can claim tax...
Avoid Tax Penalties: Understanding Income Clubbing Provisions
Income clubbing occurs when the income of your spouse, child, or another individual is aggregated with your total income for...
