One instrument worth considering in this scenario is the RBI Floating Rate Savings Bond (FRSB), which currently offers 8.05% per annum and comes with the comfort of sovereign credit quality. How does it work? The FRSB is issued by the RBI on behalf of the government of India. You don’t need a demat account to…
Eight years after the launch of the indirect tax regime, the Prime Minister signalled that the next generation goods & services tax (GST) reforms are on the way. These could put more money in people’s pockets, ease the burden on businesses, and inject fresh energy into the economy before the year ends. The government’s new…
The Employees’ Provident Fund Organisation (EPFO) has announced new rules to make it more convenient for its users to link Aadhaar with their Universal Account Number (UAN) and make changes to their personal details. The fresh rules are aimed at speeding up access to provident fund services, reduce paperwork, and ensure timely payouts, especially in…
Best Mutual Funds: Before investing in a mutual fund scheme, investors typically examine its past few years’ returns and compare them with those of other schemes in the same category. The past performance of mutual funds sets the tone for their future performance. A high-performing fund, for instance, is likely to garner a lot of…
Nearly six days after releasing the excel utility of ITR-5, income tax department on Thursday released the utility of ITR-6 as well. Those who are not aware, ITR-6 is the income tax form meant for companies other than the ones claiming exemption under section 11. Additionally, income tax department has also released the facility for…
These changes aim to resolve long-standing challenges in managing unliquidated assets while giving fund managers more operational flexibility. At the same time, they introduce new complexities that will require careful oversight to ensure investor confidence is not undermined. This article examines the opportunities and challenges these reforms bring, and how Sebi can further strengthen its…
This Independence Day, you can aim to get freedom from volatility by choosing to invest in safe investing schemes which provide assured returns. These schemes make sure that the capital of investors is protected and the return moves in one direction only i.e, upward. However, some of these schemes have a lock in period. For…
It’s 9:00 am on Independence Day 2025. The streets are a swirl of saffron, white, and green, flags flutter from car bonnets, school kids march in crisp uniforms, and shopkeepers stack fresh laddus for the day’s celebrations. You’re not celebrating. You’re in the backseat of an Uber you don’t own, glancing at a fresh EMI…
Income Tax: A number of tax experts and taxpayers are reportedly facing problems with filing the income tax returns (ITR) for FY 2024-25. Some of them Livemint spoke to claimed that two crucial documents, AIS (Annual Information Statement) and TIS (Taxpayer Information Summary), could not be downloaded on Tuesday, while the I-T filing portal was…
ITR Filing: With about a month left for filing the income tax return, taxpayers have gotten busy with their ITR preparations. As this ITR filing season gains momentum, a Reddit post that claims tax liability on an income of ₹20 lakh can be reduced to zero while filing ITR 4 has sparked a debate. A…
