The Income-Tax Bill, 2025, which was introduced in the Lok Sabha on February 13 to replace the existing Income-Tax Act, 1961, has now been withdrawn, paving way for the revised Income Tax Bill, 2025. The revised bill incorporates most of the recommendations given by the select committee — which examined the Income Tax Bill 2025…
8th Pay Commission News: Central government employees and pensioners are eagerly awaiting for updates regarding new developments linked to the 8th Pay Commission, which is likely to significantly raise their salary and pension. Here is everything you need to know about the 8th Pay Commission and its benefits. What is the 8th Pay Commission? The…
Income Tax: Those taxpayers who have already filed their income tax return (ITR) for FY 2024-25 could be waiting for the refund, whereas those who have yet to file their return could be staring at myriad problems. One of the key dilemmas they are perhaps facing relates to the choice of income tax regime: old…
Government bonds dipped in early trading on Friday, as investors remained cautious ahead of the weekly debt sale that will test demand. The yield on the benchmark 10-year bond was at 6.396%, as of 12:57 pm, while it closed at 6.3861 per cent on Thursday. Bond yields move inversely to prices. Government is set to raise ₹25,000…
In this income tax return (ITR) filing season, it becomes important to track the status to ensure the ITR has been successfully verified and processed by the Income Tax Department. Checking your ITR status is also important to quickly resolve any issues and avoid penalties by identifying and correcting errors early. Notably, the Income Tax…
Health insurance policies usually come with a waiting period for pre-existing diseases (PED). While insurers have launched plans that cover PEDs such as diabetes, asthma, and high blood pressure, all standard policies start covering ailments only after 30 days, except in cases of accidents. How about an insurance with a ‘Tatkal Benefit’ that covers your…
There’s good news for older Americans at high-risk of developing dementia: simple steps to stay mentally and physically active improved thinking and helped keep Alzheimer’s disease at bay. And it didn’t take long. Lifestyle changes including exercise, a better diet, and more mental and social activity yielded significant protection within two years, according to a…
Tokyo Olympic bronze medallist boxer Lovlina Borgohain has accused Boxing Federation of India’s (BFI) executive director and interim committee member Col Arun Malik (retd), of “speaking aggressively” with her in a virtual meeting. The meeting, held on 8 July, was part of the Target Target Olympic Podium Scheme (TOPS). It included boxing coach Pranamika Boro,…
I didn’t feel broke. But when I looked closer, I was bleeding money. Not on splurges. Just boring, forgettable auto-debits, ₹99 here, ₹299 there, on apps I hadn’t touched in months. It was death by a thousand tiny subscriptions, until I tried something weirdly effective. I opened ChatGPT and typed: “Help me cancel all the…
Prior to investing in a mutual fund, it is vital to examine the past returns of one scheme and compare the same with similar schemes in the same category. Past returns typically give an indication of how the scheme has performed in the past, which, some believe, sets the tone of future performance. Importantly, comparing…
