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Budget 2025: FM Nirmala Sitharaman may propose new Income Tax Act. Key changes to expect

The upcoming Budget 2025 may introduce a new Income Tax Act, as announced by Finance Minister Nirmala Sitharaman.

2025-01-21T05:13:34Z

2024-06-27T11:34:12Z

3 must-know sections under old tax regime to save money

The old regime offers several tax-saving opportunities under several sections.

2025-01-15T11:57:58Z

Donald Trump's uncertain tariff plan keeps Dalal Street on edge. 3 key takeaways

US President Donald Trump has decided not to immediately implement tariffs, leading to uncertainty among market investors around the world, including Dalal Street.

2025-01-21T08:45:31Z

US economy to face Covid-like challenge again? What to expect in Donald Trump era?

US President Donald Trump's tenure may pose a challenge before the Federal Reserve.

2025-01-21T15:44:10Z

10 strongest currencies in the world against Indian Rupee

Understanding the strength of foreign currencies is very important when traveling abroad. It can add to your experience and purchasing power. Here’s a look at the top 10 strongest currencies in the world compared to the Indian Rupee (INR) in 2024.

2025-01-21T06:21:18Z

Citi says Buy Paytm, company on track for adjusted EBITDA break-even by March

Citi has issued a Buy call on Paytm with a target price of Rs 900 per share, adding that the December quarter results were a 'solid beat' versus expectations, primarily driven by lower corporate overheads. Shares of Paytm were under pressure, down well over five percent during the trading session on January 21. While the net payment margin was slightly below estimates, Paytm’s merchant business, including devices and Default Loss Guarantee (DLG)...

2025-01-21T03:51:50Z

How Much Should You Be Earning At 40 To Retire At 50 In India?

Retiring at 50 is an ambitious financial goal that demands thorough planning, substantial savings, and savvy investment strategies, particularly if you are beginning at age 40. Here’s a detailed guide exploring the financial principles and strategies necessary to realise this goal within an Indian context, taking into account factors like income levels, savings rates, investment returns, and lifestyle adjustments.1. Understanding Your Retirement...

2025-01-10T09:04:06Z

Dupes made of Gold & Diamond in Demand

Jewellers are replicating luxury brand designs like Cartier, Dior, and Bvlgari, offering customized versions in real gold and diamonds at a fraction of the original costs. Customers, particularly young working women, choose these alternatives for better investment value and affordability, saving thousands while enjoying the prestigious look of iconic pieces.

2025-01-18T12:51:03Z

How to save lakhs on home loan interest and become debt-free faster with smart prepayment strategies

Mumbai-based Nirav Shah, 35, secured a Rs 40 lakh home loan in 2015 with a 30-year tenor at 8.5 percent interest. Initially, he adhered to the amortisation schedule, paying Rs 31,000 monthly EMIs. However, Shah soon realised that a substantial portion of his monthly income was allocated towards loan repayment. “Upon reviewing the amortisation schedule, I discovered that a major chunk of the EMIs was directed towards servicing the interest...

2025-01-21T10:21:57Z

Sanjay Bakshi On Achieving Financial Independence Without Any Stress | Tips For Investing | Business

Sanjay Bakshi On Achieving Financial Independence Without Any Stress | Tips For Investing | BusinessSanjay Bakshi shares valuable tips on achieving financial independence without the burden of stress. With his extensive knowledge and experience, Bakshi provides practical advice on investing wisely and building a solid foundation for financial security. Whether you're a beginner or an experienced investor, Bakshi's tips and strategies will help you navigate the complex world of finance with confidence.#etnow #et #etnowenglish #stressfreeinvesting #sanjaybakshi #nikunjdalmia #sharemarket #businessnews

2024-12-26T13:23:31Z

Budget 2025: Income up to Rs 10 lakh to be tax free, new 25% tax slab may be announced, says report

As a relief to taxpayers, the upcoming Union Budget 2025-2026 may see significant changes to the new tax regime. These include making annual income of up to Rs 10 lakh tax free and introducing a new 25% tax slab for annual income between Rs 15 lakh and Rs 20 lakh, Business Standard reported citing government sources. Union Finance Minister Nirmala Sitharaman is set to announce Union Budget 2025-2026 on February 1. Salaried taxpayers eagerly...

2025-01-22T06:37:21Z

Sunrays | Whatever you have is enough

My grandmother would often say, “Praapt hi paryaapt hai,” meaning whatever you have; whatever god has given you, is enough for you

2025-01-19T02:51:46Z

9 books that will completely transform your money psychology and habits

Money and finances are extremely important in today’s world. And to put more pressure, just making money is not enough anymore, you also need to constantly grow it, find ways to save it, and spend it wisely. So, here are a few books to read that can help you figure out finances.

2025-01-07T12:38:46Z

2025-01-22T07:40:42Z

The Renewable Energy Gamble: Are We Sacrificing Too Much for Too Little?

The Renewable Energy Gamble: Are We Sacrificing Too Much for Too Little?

2025-01-19T17:55:19Z

What is the 50:30:20 rule, and why is it crucial for middle-class savings?

The 50:30:20 rule offers a clear and pragmatic approach to managing personal finances, promoting a balanced and sustainable way to handle money.

2024-09-11T07:05:46Z

It seems you can't keep Elon Musk out of anything. Is the world's richest man and Qualcomm buying iconic chipmaker Intel? Rumors swirl

Intel stocks are currently on a rising spree after news broke out that it is on the verge of being acquired by a 'mystery company.' Ever since the news started spreading, there began strong rumors that Elon Musk could be looking at acquiring Intel alongside Qualcomm, which has become the new talk among US investors

2025-01-21T11:29:05Z

Zomato shares down over 23% in a month. Should you buy or avoid?

Zomato share price: The food delivery giant's stock price has fallen over 14% in the previous two sessions and over 23% in the past month.

2025-01-22T05:30:55Z

What NRIs need to know about Indian income tax rules

Navigating financial planning as a Non-Resident Indian (NRI) involves understanding various tax implications and leveraging available exemptions to optimise returns. Investment options are plenty for NRIs in India, but effective financial management boils down to choosing tax-efficient strategies. Taxable income for NRIs in IndiaIncome earned or accrued in India is taxable for NRIs. Unlike resident Indians, whose taxes are based on global...

2025-01-14T01:33:52Z

SBI's Har Ghar Lakhpati: Should You Invest In The Recurring Deposit Scheme?

The country’s largest public sector bank, the State Bank of India, has launched a significant initiative—Har Ghar Lakhpati. A pre-calculated recurring deposit (RD) scheme is designed to help individuals and families collect Rs 1,00,000 or more over three to ten years in a bid to meet their financial goals in the future. As per the SBI’s official website, an RD account is a deposit account that offers the option to deposit a fixed sum of money...

2025-01-22T04:24:15Z

Why is the stock market falling today? Here are 3 reasons…

Explore why Indian stock indices are swinging, with FII sales and Trump policies in the spotlight.

2025-01-21T08:52:42Z

Nirmala Sitharaman's Emotional Moment: Teaching Children The Value Of Saving

In a heartwarming moment, Finance Minister Nirmala Sitharaman became emotional when a class 5 student asked her about the most important money lesson children should learn. With a deep sense of responsibility, she shared a valuable lesson: before spending, children should always save a portion of their money. She emphasized that teaching kids to handle money responsibly is crucial for their future. This heartfelt exchange highlights the importance of financial literacy and instilling saving habits from a young age.

2024-11-14T11:30:37Z

Is there a right time to sell mutual funds ? | Money Shots Ep 12 with Neil Borate

New Delhi, Jan. 9 -- Simplifying personal finance for you - one step at a time! Tune into Mint Money Shots to know those little tips and tricks on how to manage your money smartly, be it mutual funds, or any other investment vehicle!

2025-01-09T08:05:01Z

8th Pay Commission: When Will Central Govt Employees Start Receiving Revised Salary?

8th Pay Commission Implementation Date: Even as the Union Cabinet, headed by Prime Minister Narendra Modi, approved the 8th Pay Commission last week to revise the salaries of central government employees, there have been discussions around the amount of the salary hike and its implementation data. According to reports, the basic pay will increase from Rs 18,000 per month to Rs 51,480 per month. When will government employees receive this?8th Pay...

2025-01-21T05:08:47Z

Radhika Gupta, MD And CEO Of Edelweiss MF Tells What To Expect In 2025 And More

Radhika Gupta MD and CEO of Edelweiss MF speaks to Riddhima Bhatnagar of business today and talks about what mistakes investors make in volatile markets. She shares her outlook for 2025 and which sectors and asset classes can the investors look at this current time. She also tells us the effect of interest rate cuts on debt category funds. We also delve on her personal life journey where she gives advice to young individuals on how to deal with stress and manage life and financial issues. She also talks about her shark tank deals and her vision of new India and how domestic investors are leading it.

2025-01-09T13:54:13Z

Bank account for a minor: The best way to optimize your children's savings

Think of minor bank accounts like a piggy bank with additional perks like online banking.

2025-01-21T10:58:41Z

Penny stock under Rs 10: Sugar company’s Q3 FY25 PAT jumps 40%! Share name, returns

Penny stock under Rs 10: The company’s EBITDA rose by 14 per cent to Rs 18.2 crore from the same quarter in the last fiscal year. It jumped by 25 per cent on a quarterly basis. Davangere Sugar’s margins came in at 24.87 per cent, versus 20.3 per cent in the same period in the last fiscal year.

2025-01-21T15:28:11Z

9.5% FD rates! Top 10 banks offering high returns for 3-year fixed deposits – Full list here

Best FD rates: Compared to large banks and PSU lenders, small finance banks face greater challenges in attracting new customers to their fixed deposit plans. As a result, they often offer higher interest rates than scheduled commercial banks.

2025-01-21T13:08:06Z

Top 10 US colleges offering quality education at affordable costs in 2025

Niche's 2025 "Best Value Colleges in America" list showcases top institutions that provide a combination of high-quality education and affordability. The rankings focus on colleges that offer exceptional academic programs while ensuring significant financial support for students. Institutions like Harvey Mudd, Stanford, and MIT stand out for their low net prices and generous financial aid, making them ideal choices for students seeking both...

2025-01-21T12:34:12Z

Want high returns on your investments? Here are 6 investment options with potential for high returns

Investment with high returns: Want to maximise returns on your investments? Are you ready to take on some level of risk? From equity funds to investing in initial public offerings of companies, here are six investment options which have the potential for high returns. Read this story to know more about these investments.

2024-12-19T11:38:24Z

Nifty faces further downside after breaking key support levels: Rohit Srivastava

Rohit Srivastava, Founder of Strike Money Analytics, highlights the impacts of a rising dollar and bond yields on the Nifty, predicting further downside with significant levels to watch at 22,800 and potentially lower, while emphasizing caution against buying dips in a weak market.

2025-01-22T07:46:05Z

Compounding: ₹1 lakh investment in this mutual fund would have swelled to over ₹4 crore in 29 years; check how

Tata Mid Cap Growth Fund: This mutual fund scheme has shown a CAGR of 13% to 23% in 30 years. Investing consistently allows for compounding returns, with a ₹1 lakh investment potentially growing to crores in established funds.

2025-01-14T05:40:31Z

Mumbai man reveals why his family is not able to afford foreign trips even after having high-paying jobs

Neel Jadhav, a marketing professional, shared his journey of building wealth from scratch on LinkedIn. Highlighting the impact of starting from zero, he noted how financial context influences one's perceived salary advantages. His reflection resonated with many, sparking conversations about perseverance. Neel's message emphasized the importance of a strong foundation for future generations.

2025-01-21T03:45:33Z

What to expect from Budget 2025: Growth, taxes, and fiscal realities in numbers

FY25's deficit is projected at 4.9 per cent of the GDP, or Rs 16.1 trillion. Despite slower economic growth, the government is expected to stick to its fiscal discipline plan.

2025-01-21T14:45:58Z

List Of Top 10 Youngest Billionaires In The World And Their Staggering Net Worth

Top 10 Youngest Billionaires In The World: Becoming a billionaire at an early age is the dream of many but only a few succeed. The world's youngest millionaires have wowed everyone with their achievement, ability and hard work. Well, the majority of the youngest billionaires inherited their wealth from their families, but many older billionaires worked hard and acquired their fortunes for themselves. However, some young self-made billionaires...

2025-01-17T11:25:27Z

Public Provident Fund: How much corpus can Rs 12,500 monthly investment in PPF make over 15 years?

PPF investors can avail tax deduction benefits of up to Rs 1.5 lakh. PPF investment falls under the EEE (Exempt-Exempt-Exempt) category, which means you can enjoy tax benefits on deposits, interest earned and maturity amount.

2024-09-12T04:26:21Z

Apart from politics, Nancy Pelosi is an ace investor; here's where she put her money in the last few days

Nancy Pelosi, apart from her political aspirations and involvement, is also a dedicated investor in the US stock market and has a diversified portfolio with some excellent investments made recently. Here's a look at her interesting portfolio from the last few days.

2025-01-21T19:59:15Z

10 reasons why you should be grateful for your job

In a world where we often take our daily routines for granted, have you ever paused to consider the incredible value your job brings to your life? Beyond the paycheck, your workplace is a treasure that shapes who you are.

2025-01-05T13:37:55Z

World’s First Trillionaire Within 10 Years? Oxfam’s Dire Warning On Global Inequality – Details Here

Within a decade, the world could witness the emergence of its first trillionaire, Oxfam International warns in its latest inequality report. Released during the World Economic Forum in Davos, the report underscores a stark reality: the wealth of the top five billionaires has more than doubled since the pandemic, while nearly 5 billion people have grown poorer.

2025-01-22T05:32:21Z

Emergency Box Office Collection Day 5: Kangana Ranaut's film recovers over 20% of its budget in 5 days, check numbers

Kangana Ranaut's political drama 'Emergency' has made waves at the Indian Box Office, earning over ₹12.47 crore in its first five days. Despite facing censorship issues and protests, the film shows potential for recovery but must maintain momentum to break even.

2025-01-22T02:01:56Z

Hero Cycles to announce $1 bn investment soon

Pankaj Munjal, Managing Director of Hero Cycles, announced the company's impending billion-dollar investment. During the World Economic Forum in Davos, he hinted at entering the electric vehicle category. Additionally, Union Minister Chirag Paswan declared a USD 250 million investment from AB InBev in India's beverage sector, reflecting rising investments in India.

2025-01-22T03:00:58Z

HDFC Bank to announce Q3 results today: Here's what to expect

HDFC Bank Q3 FY25: Investors will be keeping a keen eye on the results as the stock of HDFC Bank has fallen 8.62% in the last month.

2025-01-22T03:45:49Z

Netflix shares soar on price hikes and record subscriber gains

Netflix dominates the streaming market, adding 18.9 million subscribers in Q4, reaching nearly 302 million. Popular shows, live events, and a mix of top-tier content drive growth. The company increased subscription prices and plans more live broadcasts. Fourth-quarter earnings and revenue beat estimates, and Netflix revises guidance with improved fundamentals.

2025-01-22T02:15:59Z

'Pushpa 2' box office collection day 48: Allu Arjun starrer mints only Rs 55 lakh on Tuesday, while ‘Emergency,’ and ‘Game Changer’ lead the race to claim the throne

Pushpa 2, featuring Allu Arjun and Rashmika Mandanna, is gradually losing its dominance at the box office after a strong start. Despite earning Rs. 1229.40 crore in over a month, the movie's daily collections have dropped significantly. Competing releases like ‘Emergency’ and ‘Game Changer’ are performing better on weekdays.

2025-01-22T02:56:41Z

Vanaja Iyer and Dolly Khanna Just Bet Big on This Ashish Kacholia Stock

One of India’s leading home appliances companies that is changing the face of the industry, held by Ashish Kacholia for 3 years has just found new stake holders in two more Warren Buffetts of India – Vanaja Sunder Iyer and Dolly Khanna. Here are all details…

2025-01-21T00:37:51Z

UPI share 'easily recoverable', will be PAT profitable in 'some quarters', says Paytm's Vijay Shekhar Sharma

Paytm founder and CEO Vijay Shekhar Sharma is confident of being PAT profitable in some quarters, and said the year 2025 will hopefully be about the turnaround of the company. In conversation with CNBC-TV18 on the sidelines of the World Economic Forum at Davos, Vijay Shekhar Sharma said on January 21 that his fintech company will look to win back customers with better services as well as the brand recall. "I can say that even though we've fallen...

2025-01-21T13:48:05Z

NPS Calculator: At 20, how much should you invest to get Rs 1 lakh monthly pension after retirement?

NPS Calculator: With its low-cost structure, tax benefits, and flexibility, NPS empowers individuals to plan effectively for their golden years.

2025-01-18T15:36:44Z

UPI-enabled RuPay credit card: Get credit on UPI through FD, cashback offers on UPI transactions

IDFC FIRST Bank launched the FIRST EA₹N RuPay Credit Card, backed by a fixed deposit. It offers UPI credit access, reward points, cashbacks, competitive interest rates on FDs, and comprehensive protection features.

2025-01-21T09:38:07Z

Why Do We Write 'Only' In Cheques? Omitting It May Cost You Dearly

There are many rules related to making payments through bank cheques, but most people are unaware of them. This lack of awareness is often why the bank refuses to process certain payments. While most people are cautious about the signature on a cheque, do you know about the importance of writing the amount in words correctly?The amount on the cheque is written both in words and in numbers, and after writing the amount in both forms, “rupees...

2024-12-06T12:04:39Z