Page 25 - Personal Finance

Cash at home and the 84% tax buzz: What the new rules actually mean

Expert clarifies when steep penalties apply and how routine cash won't trigger tax trouble

8th Pay Commission rollout: Minister clarifies status, plan for funds

Review process begins for recommendations to made for 12 mn central government workers and pensioners

New ITR forms under 2025 Income Tax Act to be notified before FY28: Govt

The documents will make tax filing easier by reducing legal wording, say experts

₹3.9 lakh/home: Tier-2 spend hits 74% of metro levels in home interiors mkt

Furniture, modular formats take 45% share of India's ₹2.75-lakh-cr market

Home loan relief after RBI move: HDFC Bank, PNB, BoB and others cut rates

Major lenders are lowering their loan rates, providing immediate relief to existing borrowers and improving the outlook for the retail credit market

India's investing awakening: SIPs, Gen Z and the ₹300-lakh-crore MF dream

From FDs to funds: India's investing culture hits a generational turning point

Deloitte India launches AI-based tax research platform Tax Pragya

Deloitte has launched Tax Pragya, an AI-based tax research and summarisation platform trained on 1.2 million cases and Deloitte content to support income tax, GST and transfer pricing work

North leads in motor insurance claims; EV repair may cost Rs 39,000: Report

Cost of repairs and claim frequency, coupled with extreme traffic density in North India, are the primary drivers of escalating motor insurance losses

Travel insurance: If an airline cancels a flight, it pays, not the insurer

Policies typically reimburse cancellations for reasons such as medical emergencies, death of an immediate family member, or natural disasters

A zero-forex card at ₹750? IDFC FIRST targets cost-conscious travellers

Can a fixed deposit unlock premium credit cards? IDFC FIRST says yes

Insurer cannot override a doctor's clinical judgment to reject claim

Star Health must reimburse Covid hospitalisation costs after the court rejects the claim denial

New insurance ombudsman reforms set to speed up claims, believe experts

Stronger penalties, wider access and a digital system promise clearer, faster grievance resolution for policyholders

No more hidden forex charges? Wise opens waitlist for travel card in India

Wise has opened the waitlist for its India travel card, promising real exchange rates, lower forex costs and fully digital multi-currency spending for overseas travellers.

Big fat Indian weddings go digital as QR and credit take centre stage

A growing share of these high-value purchases are now happening via UPI QR-payments or credit-card-enabled EMIs, driven by convenience, security and flexibility.

Sharing your credit card with friend or family? The hidden risks are costly

Voluntarily sharing details with others transfers the entire legal and financial liability to the primary cardholder

After RBI's cut, PNB lowers repo-linked rates by 25 bps. Will EMIs soften?

With repo-linked rates easing, borrowers may see lighter EMIs in the next cycle

TN removes need for collateral on loans below ₹4 lakh to widen credit reach

Collateral-free loans aim to make small borrowing simpler and safer for low-income households

JLL leases 1.2 lakh sq ft at Prestige Skytech, Hyderabad for ₹64 lakh/month

The agreement includes a 15% rental escalation after three years from the rent commencement date.

How to protect yourself from unsolicited cards, fraudulent transactions

Follow this complaint escalation path: Bank's grievance cell, ombudsman, consumer commission, and then civil or criminal court

RBI rate cut: Lock into prevailing FD rates before they decline further

Debt-oriented fund-of-funds, like income-plus-arbitrage funds and arbitrage funds are good options for debt fund investors