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Sunainaa writes on all things wealth and money for Business Standard. She has formerly worked with ToI, Splainer, HT Digital, Times Now, Firstpost and ET.
Sunainaa writes on all things wealth and money for Business Standard. She has formerly worked with ToI, Splainer, HT Digital, Times Now, Firstpost and ET.
Some cards are great for frequent flyers with specific airlines, offering rewards points for bookings and upgrades. Consider cards that offer perks such as lounge access, travel insurance
Tax notices might be linked to information sharing between India and Bermuda, a popular jurisdiction for incorporating SPACs, similar to the Cayman Islands.
Equity funds, particularly actively managed ones, saw renewed interest due to the good market performance.
Kotak Mahindra Bank emerged as the most purchased large-cap stock, with mutual funds accumulating a significant amount (49,160 crore) in the company. Punjab National Bank also saw a surge in buying
Previously, there was limited transparency regarding whether the information reported by these institutions was accurate and accepted by the Income Tax department. This new feature bridges that gap.
Reflecting the shift in investor preference, five out of the top ten stocks with the highest value increase in April belonged to the Banking sector.
You can save up to Rs. 1.5 lakh per year in NPS and get a tax deduction under Section 80C. NPS also offers an additional tax deduction of up to Rs. 50,000 per year
An individual is allowed to choose the life insurance policies with higher maturity yield for tax exemption and pay taxes on those whose maturity amount is less.
Bangalore and Chennai showed the highest tech-focused intent-to-hire in FY24
Over the past year, mid-cap and small-cap indices have significantly outperformed the Nifty 50 (large-cap index) by 30% and 40% respectively.
While hallmarking awareness is increasing, a significant portion (27%) is still buying non-hallmarked jewellery.
Investors looking for precious metals might want to consider silver over gold, according to Motilal Oswal Financial Services Limited (MOFSL).
Roughly 6,060 units were sold in the luxury category. This translates to a significant market share of approximately 39%
It appears that some taxpayers might have fabricated rent receipts from non-existent landlords to claim HRA.
21% of health insurance policy owners indicated premium increased by 50% or more
he RBI, which regulates India's banking system, found "material supervisory concerns" with Bank of Baroda's customer onboarding process for bob World.
Sales jobs in the sector increased by 23% in April 2024, highlighting the upward movement in hiring by startups
The project with 795 apartments valued at approximately Rs 5590 crore, sold out entirely within just three days.
People are saving less as a proportion of their income but borrowing more to invest in a wider range of financial instruments, including stocks, mutual funds, and insurance products.
ifty Microcap 250 and Nifty Smallcap 250 have emerged as best performing Index, with an impressive growth of 10.6% & 10.5% in the month of April respectively.