Page 146 - Personal Finance

SIP performance insights: Early investors see gains, recent ones face loss

While investors who began their SIPs earlier in 2021 and 2022 have seen positive returns, those who started their investment journey in the past 9 to 10 months are now facing negative returns

Realtors Landmark Developers, Sobha buy 2-acre land in Parel for Rs 423 cr

Landmark Developers and Sobha Ltd have jointly acquired a 2.11-acre land parcel at Jerbai Wadia Road, Parel, Mumbai for Rs 423.38 crore

Got AFA alert for fraud transaction? Block, report and replace card

Currently, users receive notifications before auto-debits. Under the new system, the process may change slightly

Angel One MF launches two schemes tracking Nifty Total Market Index

Angel One Nifty Total Market ETF and Angel One Nifty Total Market Index Fund are open till February 21

Canada added 374,832 new citizens in 2024, most from India despite curbs

December 2024 had the fewest citizenship grants, with only 18,160 people receiving Canadian nationality

SC ruling on lotteries brings regulatory certainty to businesses: Experts

For industry stakeholders, this decision removes ambiguity surrounding tax liabilities, allowing for more predictable financial planning and compliance, according to expert

New Income Tax Bill vs Old: Increased sections, fewer pages, easier words

While the new Income Tax Bill does not appear to bring in major policy changes, it introduces several structural and linguistic adjustments aimed at simplifying tax laws

Know how your property would be taxed under new Income Tax Bill 2025

In respect to a property or its part held as stock-in-trade and not let wholly or partly at any time during the tax year, the annual value shall be nil for two years from the end of the financial year

New UPI rule on automatic acceptance, rejection of chargebacks from Feb 15

Process will apply only to bulk transaction uploads and not to those done by individuals

New Income Tax Bill 2025 proposes 'tax year' concept, easier terminologies

The new legislation will replace the Income Tax Act of 1961. Once passed, it will be called the Income Tax Act, 2025

Income Tax Bill 2025: Deductions on salaries, pension & gratuity explained

The Bill proposes a revised tax structure for individuals, Hindu undivided families, and certain associations

Union Mutual Fund launches two new schemes for structured gold investments

Benchmark for both schemes is domestic price of physical gold; NFO open till February 24

I-T dept launches calculator for information about new tax regime

Budget 2025 introduced tax exemption for individuals earning up to Rs 12 lakh in a financial year

UK visa: Apply for UK-India Young Professionals Scheme 2025 on February 18

YPS is a reciprocal scheme that allows UK and Indian nationals aged 18 to 30 to live, study, travel, and work in the other country for up to two years

Debt MF outlook: Divide portfolio between long- and low-duration funds

The Indian economy requires rate cuts and a supportive monetary policy to sustain growth, which is slowing

Does GST apply to pre-paid gift vouchers and cards? Know what the rule says

GST exemption also makes vouchers more appealing to consumers, who can redeem them without the worry of extra taxes, potentially increasing footfall in both physical stores and online platforms

H-1B visa registration opens soon: New rules to affect employers, workers

The H-1B visa is widely used by Indian IT professionals and allows US companies to hire foreign workers for specialised roles requiring technical or theoretical expertise

Axis Bank customers can now open an FD through UPI from non-Axis accounts

Axis Bank customers can open Fixed Deposits (FDs) with its mobile application, using funds from their non-Axis Bank accounts via UPI and Net Banking payment options.

Senior citizens: How the Rs 1 lakh TDS threshold affects your FD earnings

Rs 1 lakh TDS threshold for senior citizens on fixed deposit interest reduces procedural hassles but doesn't exempt them from tax liability. Senior citizens must ensure accurate reporting in returns.

Trump may tighten US work schemes for Indian, other foreign students

OPT and CPT programmes have spawned an industry of diploma mills and fake schools that give cover for bogus training programs and illegal employment, said an immigration expert