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2 mins read

You can let your family members use your UPI account for payments, RBI introduces delegate payments

The Reserve Bank of India announced a new feature called delegated payments, enabling users to auth…

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3 mins read

Confused about the new tax regime? Here's when you should opt for it

The new regime was introduced in budget 2020 to simplify taxation, and offer lower rates of taxes c…

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3 mins read

Allow indexation benefits for savings such as stocks, fixed deposits: Cong to govt

The Budget 2024-25 had proposed to lower the LTCG from 20% to 12.5% but removed the indexation bene…

PTI   


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2 mins read

Comprehensive review of the IT Act imminent in 6 months, notes revenue secretary

​​Malhotra explained the government's rationale behind this proviso, noting that buyback does not f…

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2 mins read

Important dates to remember while filing your ITR this time!

13 days from now, i.e., 31st July 2024 is the last date for salaried individuals, non-resident Indi…

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5 mins read

Lok Sabha passes Finance Bill, provision on LTCG tax on property transactions amended

The Finance Bill 2024 was passed by Lok Sabha on Wednesday evening with a few amendments moved by t…

ANI   


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3 mins read

Trump wants to cut Social Security taxes for seniors. It's not as good as it sounds.

Former President Donald Trump said he wants to end Social Security taxes for older adults. It could…

Allie Kelly,Ayelet Sheffey   


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3 mins read

Five things to remember as you file your ITRs at the last minute

ITR-1 form is designed for resident individuals who have income from salary, one house property, an…

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2 mins read

India's digital public infrastructure is transforming country's economic landscape, notes RBI

Built on principles of public good, open access, and regulatory fairness, India Stack has become a …

ANI   


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2 mins read

The best and worst states to retire in 2024

Delaware tops Bankrate's list of the best states to retire in 2024, followed by West Virginia and G…

Noah Sheidlower   


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3 mins read

Removal of indexation benefit will lead to huge inflow of black money in real estate: Raghav Chadha

Asking the government to roll back the proposal, Chadha, while taking part in the discussion on the…

PTI   


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3 mins read

Interim Budget 2024: FY25 capex hiked 11%; no change in tax slab, says FM Sitharaman

Finance Minister Nirmala Sitharaman is presenting the Interim Budget 2024-25 at Parliament on Thurs…

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4 mins read

How rich families use trusts that last as long as 1,000 years to save on taxes and benefit future heirs

With dynasty trusts, rich taxpayers can provide for 40 generations of heirs and shield assets from …

Hayley Cuccinello   


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6 mins read

Budget A-Z, for the GenZ: A fun and handy guide for major terms around upcoming Union Budget

From fiscal deficit to GDP, understand key terms to navigate the financial landscape and make the m…

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4 mins read

Budget 2024: Here's what India's elderlies want

If any amount you receive from NPS is reinvested in the annuity plan, it remains tax-exempt. Howeve…

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2 mins read

Government on course to meet fiscal deficit target for FY24 as gross tax receipts hit a 20-year high

Economists believe that the government is on track to achieve the fiscal deficit target of 5.3% in …

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4 mins read

Direct File is the most important tech product of 2024, helping you to finally file your taxes for free

Direct File will be the top tech product to compete against Apple and OpenAI. The tax filing servic…

Alistair Barr   


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3 mins read

Incomes are either rising too slowly or falling at the lower end of the bracket

India’s gross domestic product (GDP) has been growing at a much faster clip than expected — most go…

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9 mins read

Jacob Zinkula,William Edwards   


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5 mins read

Tesla's awful 2024 is getting much worse

Fears of layoffs at Tesla had been building along with Wall Street's growing concerns.

Dan DeFrancesco