No UPI Payments Above Rs 2,000 From October 16, Say Madhya Pradesh Petrol Pumps
Petrol pump dealers in Madhya Pradesh have decided to stop accepting UPI payments above Rs 2,000 from October 16 over proposed MDR charges
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Selling A House Bought On Loan Within Five Years Of Purchase Will Reverse Tax Benefits Under Income Tax Laws
All tax benefits claimed in respect of the principal repayment towards a home loan will be treated as income of the year if the property is sold within five year of its acquisition. Under the tax laws, any income generated from a house gifted to a spouse will be treated as income of the person making the gift
Can Rent From Personally-Owned Property Be Credited To Your HUF? Know The Tax Rules
Rent from a personally-owned property remains taxable for the owner even when credited to an HUF account, as tax treatment depends on ownership of the property
PFRDA has issued operational guidelines for NPS Swasthya, a retirement pension cum health insurance scheme for all eligible individuals
Rs 1.24 Crore Bitcoin Sale Triggers Tax Dispute, ITAT Quashes Reassessment
The Income Tax Appellate Tribunal in Mumbai has quashed the reassessment of an income tax return (ITR) which had included the sale of Bitcoin in the return, after finding that the approval for reopening the assessment was given by the wrong authority
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Strong grey market trends have added to investor interest in the NSE IPO. However, the more important question is whether NSE’s exceptional financial performance can be sustained amid regulatory changes and changing traders preferences
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The increase in the EPFO wage hike is estimated to bring 5.10 million more employees under the EPFO’s social security umbrella, but it would also mean lower in-hand salary for employees and a possibly higher pension
Divorce does not automatically cancel insurance policies or alter nominees. Former spouses must review health coverage, policy ownership, beneficiaries, contact details, and vehicle insurance records
The Income Tax Appellate Tribunal in Mumbai has quashed the reassessment of an income tax return (ITR) which had included the sale of Bitcoin in the return, after finding that the approval for reopening the assessment was given by the wrong authority
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How Your Personality Shapes Your Wealth Creation Journey
Identify your money personality from our eight categories to know how you invest, spend, and make decisions regarding your finances. The exercise will help ensure you don’t become an impediment to your own wealth creation journey
Spending: At The Cost Of Your Future
Being a spendthrift can wreak havoc on your finances if you spend at the cost of saving for your future, or borrow indiscrimanetly to maintain your lifestyle
Spending: Future-Proof Your Anxiety
Being prepared for the future financially makes sense but not at the cost of the present. The trick is to strike the right balance
Money Habits: Delay May Cost You Dear
Postponing things for the future can cost you opportunities. So, get things moving rather than idling over grand plans or waiting for the right moment
Money Habits: Take Surprises In Your Stride
Keeping things planned will give you an advantage, but life has its fair share of surprises. So it pays to be flexible enough to change your plans when required
At a panel discussion in Ludhiana titled the Retire Smart: Financial Wellness Leadership Series, a collaborative initiative by PFRDA and Outlook Money, industry leaders spoke about how Corporate NPS can be positioned as an HR best practice in India for business owners
