Stock markets have been swinging wildly in the past few days since US President Donald Trump kicked off a tariff war on April 2 after his ‘Liberation Day’ speech. On Monday, the stock market benchmark indices, the Sensex and the Nifty 50, dropped by 3 per cent with all stocks – barring HUL and Zomato … Read more
Stock markets around the world have been experiencing extreme wild swings in the last few days after US President Donald Trump announced sweeping tariffs on goods imported from the rest of the world. India’s benchmark indices, the Sensex and the Nifty 50, ended 3 per cent lower. Barring HUL and Zomato, all stocks from the … Read more
Credit card providers often provide special privileges to the first time users to woo them. One of the common privileges which credit cards offer is the welcome gift offered by them. Those who are not aware welcome gifts (also known as joining benefit) are a popular perk offered by the credit card providers in India … Read more
The latest data on income tax website shows that a total of 3.24 lakh individuals filed their income tax return for over ₹1 crore before March 31, 2025. Out of these, a total of 2.97 lakh individuals filed their tax return for income between ₹one to five crore. Taxpayers who filed their income tax returns … Read more
Ministry of finance has clarified that PAN (Permanent Account Number) can be linked to Aadhaar without paying late fee if application for aadhaar was filed before October 1 last year. This linking, however, must be completed before December 31 of this year. There are scores of taxpayers who got their PAN based on enrolment ID … Read more
As the new finance year (2025-26) has kicked off and majority of salaried individuals are likely to go with new tax regime. They tend to believe that they have a lower incentive of investing in tax-saving instruments such as Public Provident Fund (PPF). It is important to note that investment in PPF may not give … Read more
Market in freefall: Stock markets in India and abroad have declined considerably in the past few days due to US President Donald Trump’s announcement of imposing reciprocal tariffs on its trading partners. The US administration has announced a 27 per cent tariff on imports from India. On Friday, the Sensex closed 1.22 per cent lower, … Read more
With market being extremely volatile in the past few weeks, retail investors’ confidence as well as risk appetite has hit low. Benchmark index Nifty50 closed 1.49 percent lower on Friday. The index now hovers around 12.8 percent lower than its peak of 26,277 which it hit on September 27 last year. Retail investors, meanwhile, can … Read more
Do you love to eat out often? Remember that the latest rates of Goods and Services Tax (GST) took effect on April 1. As per the new rates, customers may have to pay either 5 per cent or 18 per cent based on where the restaurant is located and whether it is part of ‘specified’ … Read more
Investment advisors (IAs) and research analysts (RAs) can charge their fees in advance for one year instead of three months earlier, the Securities and Exchange Board of India (Sebi) said in a circular. Sebi has received a number of representations regarding the restrictions on advance fees. According to stakeholders, the three-month limitation disincentivises RAs and … Read more