RBI Announces SGB 2021-22 Series VI Early Redemption Price
RBI has fixed the premature redemption price of SGB 2021-22 Series VI at Rs 15,334 per unit, offering investors substantial gains after five years
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STCG On Capital Assets Are Taxed At Slab Rate Except For Gains Made On Shares, Equity Mutual Funds
The benefit of a flat 20 per cent STCG is available only on listed equity shares and units of equity-oriented mutual funds on which STT has been paid. Withdrawal of PF before five years is exempt from tax only in case of employee’s job loss due to ill health or closure of the employer’s business. Capital gains on sale of land can be saved by investing the sale proceeds for the purchase of a residential house or by investing them in specific bonds
Joint Flat Purchase: ITAT Rejects Entire Rs 34.81 Lakh Tax Addition In Husband’s Hands
Mumbai ITAT held that a stamp-value gap on jointly owned property cannot be placed entirely on one co-owner merely because the other escaped tax scrutiny
Gen Z is often described as a generation that values experiences, flexibility and living in the moment. But when it comes to housing, the picture is a little more nuanced.
Retirement Age Of Judicial Officials To Increase To 62 Years: Supreme Court Asks Seven States To Amend Service Rules
The Supreme Court has asked seven states that have approved raising the retirement age of judicial officials to make amendments in their service rules within two weeks and allow judges retiring at 60 to continue their service up to 62 years of age. It has also asked other states and UTs that have opposed or not yet decided on the matter to reconsider their decision in this regard
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The proceedings dropped by Sebi in its latest order originated from a show cause notice (SCN) issued in October 2024. The notice was issued following a probe into share transactions between Max Financial, Max Life, and Axis Bank between the financial year 2009 to 2022
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Calculate & Plan your future with ICICI Prudential Life's retirement calculator
The Securities and Exchange Board of India introduced life cycle funds on February 26, 2026. They are also called target date funds as they are designed to align with an investor’s future goals. They provide a diversified portfolio that shifts its asset allocation over time
Gen Z is often described as a generation that values experiences, flexibility and living in the moment. But when it comes to housing, the picture is a little more nuanced.
The benefit of a flat 20 per cent STCG is available only on listed equity shares and units of equity-oriented mutual funds on which STT has been paid. Withdrawal of PF before five years is exempt from tax only in case of employee’s job loss due to ill health or closure of the employer’s business. Capital gains on sale of land can be saved by investing the sale proceeds for the purchase of a residential house or by investing them in specific bonds
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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
Can Elderly Pensioners Demand Maintenance Under The Senior Citizens Act? Bombay High Court Says This
The Nagpur Bench of the Bombay High Court rejected the eviction plea filed by a father against his son and daughter-in-law. It held that the eviction provision under the Senior Citizens Act, 2007 cannot be used for a self-sufficient father
