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Sunainaa Chadha

Sunainaa Chadha

Sunainaa Chadha

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.

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If your salary is just above Rs 12 lakh, do you pay full tax of Rs 61,500?

Central Board of Direct Taxes (CBDT) has clarified that marginal relief applies to incomes up to Rs 12.75 lakh. This means individuals with incomes up to Rs 12.75 lakh won't pay full tax on the excess

If your salary is just above Rs 12 lakh, do you pay full tax of Rs 61,500?
Updated On : 05 Feb 2025 | 10:44 AM IST

Rs 1.2 cr monthly rent! Mahindra Logistics inks 5-yr pact for Pune facility

Mahindra Logistics Limited has leased 4.75 lakh sq ft of warehousing and logistics space in Khed near Pune for a rent of around Rs 73 crore over five years, according to the property registration docu

Rs 1.2 cr monthly rent! Mahindra Logistics inks 5-yr pact for Pune facility
Updated On : 05 Feb 2025 | 8:53 AM IST

Live in Canada? How you can pay India bills directly with Canadian dollars

Beacon's India Bill Pay is a pioneering cross-border bill payment solution for immigrants, providing a seamless way for Indians to pay bills across borders.

Live in Canada? How you can pay India bills directly with Canadian dollars
Updated On : 04 Feb 2025 | 1:57 PM IST

Subhash Ghai buys Rs 24 cr flat in same building as Sonakshi Sinha's sale

Currently, the average resale property price for a 4BHK in the project stands at Rs 51,636 per sq.ft. while the average monthly asking rent is Rs 8.5 lakh.

Subhash Ghai buys Rs 24 cr flat in same building as Sonakshi Sinha's sale
Updated On : 04 Feb 2025 | 1:40 PM IST

Salaried individuals earning between Rs 12-24 lakh will pay 25-31% less tax

Individuals with an annual income of above Rs 24 lakh will save Rs 1.1 lakh in taxes under the proposed regime.

Salaried individuals earning between Rs 12-24 lakh will pay 25-31% less tax
Updated On : 04 Feb 2025 | 9:06 AM IST

Investing in mutual funds? This is your tax reckoner for 2025-2026

Understand the updated tax rates for mutual fund investments under the Finance Bill 2025. Explore the tax implications for resident investors and NRIs

Investing in mutual funds? This is your tax reckoner for 2025-2026
Updated On : 04 Feb 2025 | 8:32 AM IST

Finance Bill 2025 provides relief from prosecution for late TCS payments

The amendment in the Finance Bill 2025 provides some relief to taxpayers by offering them a second chance to comply with the tax regulations without facing such severe consequences.

Finance Bill 2025 provides relief from prosecution for late TCS payments
Updated On : 03 Feb 2025 | 1:28 PM IST

Sonakshi Sinha sells flat in Mumbai 's Bandra for Rs 22.5 cr: Square Yards

Square Yards' analysis of IGR property registration documents reveals that the same apartment was bought by Sonakshi Sinha in March 2020 for Rs 14 crore and was recently sold for Rs 22.50 cr.

Sonakshi Sinha sells flat in Mumbai 's Bandra for Rs 22.5 cr: Square Yards
Updated On : 03 Feb 2025 | 1:04 PM IST

Tax saving tips: How you can legally pay zero tax on Rs 13.7 lakh salary

If you're a salaried employee, you could be saving up to Rs 96,000 in tax annually, all thanks to the NPS and standard deduction.

Tax saving tips: How you can legally pay zero tax on Rs 13.7 lakh salary
Updated On : 03 Feb 2025 | 11:12 AM IST

Big-ticket ULIPs held for over 1 yr will attract capital gains tax at 12.5%

Big-ticket Unit Linked Insurance Plans (ULIPs) with annual premiums exceeding Rs 2.5 lakh will now be subject to long-term capital gains (LTCG) tax at a rate of 12.5%, effective from April 1, 2026.

Big-ticket ULIPs held for over 1 yr will attract capital gains tax at 12.5%
Updated On : 03 Feb 2025 | 10:08 AM IST

Budget: Taxpayers get relief on 2 self-occupied properties under new rule

his amendment provides significant tax relief, reduces compliance burdens, and encourages homeownership by making it more affordable for middle-class families

Budget: Taxpayers get relief on 2 self-occupied properties under new rule
Updated On : 01 Feb 2025 | 4:12 PM IST

Zero income tax upto Rs 12 lakh: Confused about new slabs? Answer here

If you're a regular salaried individual or earn other kinds of 'normal income' up to Rs 12 lakh, you won't have to pay any tax, thanks to both the tax rebate and reduced tax slabs in new tax regime

Zero income tax upto Rs 12 lakh: Confused about new slabs? Answer here
Updated On : 01 Feb 2025 | 2:02 PM IST

Zero income tax till Rs 12 lakh under new tax regime: Boost for aam aadmi

What this essentially means is that Salaried individual income earning Rs 12.75 lakh annually will not have to pay income tax.

Zero income tax till Rs 12 lakh under new tax regime: Boost for aam aadmi
Updated On : 01 Feb 2025 | 12:44 PM IST

Budget 2025: New Income Tax Bill will simplify compliance for taxpayers

itharaman emphasized that the new code would not only simplify the complex provisions of the current tax laws but also enhance taxpayer convenience

Budget 2025: New Income Tax Bill will simplify compliance for taxpayers
Updated On : 01 Feb 2025 | 12:13 PM IST

Boost for startups: Govt will infuse Rs 10,000 cr more into fund of funds

Finance Minister Nirmala Sitharaman has proposed to expand the scope of the Small Industries Development Bank of India (Sidbi) Fund of Funds for Startups (FFS) by allocating an additional Rs 10,000 cr

Boost for startups: Govt will infuse Rs 10,000 cr more into fund of funds
Updated On : 01 Feb 2025 | 11:59 AM IST

Budget 2025: Social security, healthcare schemes to help 10 mn gig workers

Gig workers will also be provided with health insurance under the Pradhan Mantri Jan Arogya Yojana, and this will benefit at least 10 million such workers, added the finance minister

Budget 2025: Social security, healthcare schemes to help 10 mn gig workers
Updated On : 01 Feb 2025 | 11:47 AM IST

Delhi NCR sees steepest surge in property prices, rates jump 49% in 1 year

High-net-worth Individuals deploying money in Delhi-NCR - this region is home to over 10 recently-listed start-ups - has kept the growth momentum going for this coveted residential market

Delhi NCR sees steepest surge in property prices, rates jump 49% in 1 year
Updated On : 31 Jan 2025 | 2:35 PM IST

India leads in US student visa overstays: 7000 exceeded visa limits in 2023

India saw the highest number of US student visa overstays in 2023, with 7,000 Indian nationals exceeding their visa limits.

India leads in US student visa overstays: 7000 exceeded visa limits in 2023
Updated On : 31 Jan 2025 | 1:52 PM IST

Active funds top choice for investors as mutual fund mkt hits Rs 67 lakh cr

Investors preferred Active Flexi Cap & Mid Cap funds, each taking away around Rs 15,000 Cr net inflows.

Active funds top choice for investors as mutual fund mkt hits Rs 67 lakh cr
Updated On : 31 Jan 2025 | 11:53 AM IST

Over 2 in 3 health insurance holders confirm premiums up 50-200% in 3 years

Over two-third of policyholders have seen their insurance premiums increase by 50 to 200 per cent over the past three years, revealed a survey by Localcircles.

Over 2 in 3 health insurance holders confirm premiums up 50-200% in 3 years
Updated On : 31 Jan 2025 | 10:33 AM IST