Business

[ad_1] The first priority of every senior citizen after retirement is capital security and getting stable monthly or quarterly income without any risk. The two most popular savings schemes supported by the Government of India are the Senior Citizens Savings Scheme (SCSS) and the Post Office Monthly Income Scheme (POMIS). …

[ad_1] Among hundreds of mutual fund schemes, only ELSS (Equity Linked Savings Scheme) This is the only category on which tax exemption is available under Section 80C of the Income Tax Act. Taxpayers who choose the old tax regime can claim tax deduction on investments up to ₹1.5 lakh in …

[ad_1] For crores of taxpayers of the country, this is the time to be extremely cautious and fulfill their financial responsibilities on priority. Now only 72 hours i.e. 3 days are left for the last date to file Income Tax Return (ITR) for ordinary individual taxpayers, salaried employees and unaudited …

[ad_1] The beginning of every new month brings with it many economic and regulatory changes. From September 1, 7 major rules affecting the daily life and financial management of common citizens, investors, taxpayers and consumers of the country are going to come into effect. These rules, being enforced by the …

[ad_1] A fundamental change is being seen in the strategy of investors regarding rental income in the real estate market of India. For the last two decades, the IT corridors of cities like Bengaluru, Hyderabad and Pune were considered the hotspots offering the highest rental yields on residential properties. However, …

[ad_1] It is always advisable to file a nomination while investing in a mutual fund. However, sometimes investors forget to enter the name of the nominee unknowingly or in the old folio. In such a situation, if the original investor (unitholder) dies suddenly, the biggest fear in the minds of …

[ad_1] The Goods and Services Tax (GST) system, implemented on July 1, 2017, has played a historic role in bringing the country’s indirect tax structure into the formula of ‘one country, one tax’. After record monthly revenue collection and strong digital compliance, the Government of India and the GST Council …

[ad_1] Lakhs of daily commuters, cab drivers and private vehicle owners in the National Capital Region (Delhi-NCR) have faced another big blow of inflation. Major gas distribution company Indraprastha Gas Limited (IGL) has significantly increased the retail prices of Compressed Natural Gas (CNG) by ₹3.89 per kg in Delhi and …

[ad_1] The month of September is going to prove to be decisive for the stability of food prices and household budget of the common man in the Indian economy. Latest reports from Union Bank of India and leading economic research institutes have warned that if the rains in the last …

[ad_1] There may be strong movement in the shares of defense sector companies in the Indian stock market on Monday. During the weekend, new and important government contracts have been handed over to domestic defense equipment manufacturing companies by the Ministry of Defense and the Indian Army. After these new …