Page 314 - Personal Finance

Tax dept finds inconsistencies in transaction report of market entity

"Hence, the data on AIS (Annual Information Statement) will be updated. Taxpayers are advised to wait for further updates on AIS based on the revised statement," the I-T department said

File updated ITR before Mar 31 to reduce risk of scrutiny, penalties

ITR-U can be filed under specific conditions; can't be used to reduce tax liability

ITR-1, Sahaj: A simple guide to filing tax form for a financial year

Eligible taxpayers filing using this form typically derive income from various sources, including salary

Form 12BB: Know the rules for investment declaration tool used to save tax

Form 12BB plays a crucial role in streamlining the process of claiming tax deductions for employees

Tax proof, income overview: Why Form 16 is needed in financial planning

Form 16 is a document that gives details of your income and tax compliance, adding credibility to your financial standing when you approach a bank or non-banking financial company

Keep records, communicate: Dealing with unclaimed insurance policies

In numerous instances, members are unaware of the policy's existence, let alone its details

India's shift to transition economy needs financing for equitable growth

A large migration to cities will require focus on urban development

As regulatory regime tightens in country, fintech has a long march

Pressure is mounting on companies to get cracking on corporate governance with top-class independent directors on their boards

Arbitrage funds: Returns likely to be healthy in rising or volatile markets

Excess funds chasing arbitrage opportunities may, however, reduce potential returns

Cross-check with multiple lenders for accurate valuation of gold loan

For fairer assessment, select a lender that uses an external assayer

Interest rates on small savings schemes remain unchanged for Q1FY25

The interest rates for popular PPF and savings deposits too have been retained at 7.1 per cent and 4 per cent, respectively

Unclaimed insurance, first market investment: Top personal finance stories

Our top stories this week explain why you should keep a record of your insurance policies and how to start with mutual fund investments

PFRDA Chairperson launches mobile app for financial inclusion, boost NPS

The app offers seamless access to NPS to a wider subscriber base, the Pension Fund Regulatory and Development Authority (PFRDA) said in a statement

Cabinet okays DA hike by 4 percentage points for central govt employees

'This increase is in accordance with the accepted formula, which is based on the recommendations of the 7th Central Pay Commission,' the government said in a statement

Why women's retirement, financial planning must differ from men's

Save diligently to counter the impact of career breaks, establish emergency fund to avoid touching the retirement portfolio

Centre hikes dearness allowance to 50% of basic pay for its employees

The combined impact on the exchequer on account of both Dearness Allowance and Dearness Relief would be Rs 12,869 crore per annum

Fund pick: Franklin India ELSS Tax Saver

Fund pick: Franklin India ELSS Tax Saver

Car loan rates, terms and processing fees explained in one table

Processing fees and rules of top lenders listed to help you make a decision

23% of salaried women in India perceive gender pay gap at workplace: Survey

The report is based on a survey of over 800 salaried and self-employed women across 10 cities in India.

What to do, what to avoid in your first equity mutual fund investment

A conservative approach, diversified portfolio and don't be discouraged by setbacks in the market