Page 18 - Personal Finance

HC pulls up I-T dept for software: Taxpayers can now claim 87A tax rebate

Bombay High Court finds Income Tax Department's restriction on rebate claims for certain income types to be unfair and arbitrary

Banking sector funds: Invest now to capitalise on credit growth pickup

The ideal time to invest in sector funds is during a downturn so that investors can capitalise on a turnaround in 1.5-2 years

Senior citizens expect tax relief and higher returns in Budget 2025

Speculation is rife that the government may raise exemption limit significantly, with some experts suggesting a new threshold of Rs 10 lakh to alleviate the tax burden on senior citizens

Taxpayers warned about fake GST summons: Here's how to check fraud

Fake summons copy GST department's logo and Document Identification Number to deceive and exploit people

Yellow metal: Maintain allocation; tariff battles may sustain bull run

"Central banks usually purchase about 400 tonnes of gold annually. However, in 2022 and 2023, they bought over 1,000 tonnes each year," says Vikram Dhawan

Budget 2025-26: Taxpayers expect greater exemption limit, simpler filing

Lightening the burden on the middle class will encourage them to spend more, say experts

Homebuyer awarded Rs 2.26 cr for 10-year delay in flat possession

Haryana RERA's order in case underscores the legal obligations of real estate companies and homeowners' rights, say legal experts

Retired bank manager loses 2.2 cr in scam: Here's how to remain protected

Experts advise that if someone claims to be an authority, like police, an insurance regulator, or a ministry official, verify their identity by consulting contacting official helplines

What are the best Term Insurance plans for a young professional?

Here are the best premium rates for young male professionals in metros, offering coverage of up to Rs 1 crore

Tackling rising home prices: Research pricing, demand-supply for best deals

Buyers with a limited budget should explore upcoming locations

Indians can get UAE visa-on-arrival if they hold Schengen or UK PR visa

To qualify for the visa-on-arrival, passports must be valid for at least six months from the date of entry into the UAE

Retirement income: SWP vs Dividend Plans - which is the smarter choice?

In the last three years, the top 5 retirement funds have given an average return of 11-16 percent to investors

Wrongful tax claims: File revised, updated ITR before I-T dept's scrutiny

Once a wrongful claim is detected, penalties follow

Customs announces relief for international travelers' stuck duty payments

The Customs department has introduced refund guidelines for payments that were initially successful but ultimately failed due to any errors

2025 market outlook and investment strategies for investors in India

Varun Goel, sr. fund manager at Mirae Asset, discusses India's 2025 outlook, highlighting key sectors, smallcap opportunities, and tax-saving strategies for investors

Bollywood actor Amitabh Bachchan sells duplex flat in Mumbai for Rs 83 cr

Square Yards' analysis, based on a review of IGR registration documents, reveals that the duplex apartment was purchased by Bachchan for Rs 31 crore in April 2021 and was currently sold for Rs 83 cr.

Consumer protection: Seller can't charge for bag carrying its name

The National Commission held that charging a customer for a bag, which prominently displayed the company's name, logo, or tagline, amounted to advertising at the customer's expense

Hybrid funds: Low risk, high returns; experts explain who should invest

Through hybrid mutual funds, investors can not only benefit from the potential market growth but also reduce their risk by investing in debt securities

Choosing right hybrid fund: Risk appetite, horizon should guide your choice

Hybrid funds provide a structured way to handle market fluctuations

Dealing with recovery agents, baking a cake: Top personal finance stories

Our weekly newsletter this week has stories on loan customers' rights and the boom in bakery business