The Central Board of Direct Taxes (CBDT) recently issued an important clarification on the concept of Tax Deducted at Source (TDS) for bank interest. The CBDT issued the clarification ahead…
Category: Banking And Finance
Final call for taxpayers: 5 easy ways to reduce your tax before March 31 ends
The clock is ticking, and for many taxpayers, March 31 is more than just another date on the calendar. It is the last chance to take action and reduce this…
How the West Asia war is impacting airfares and what should you do
When Vishwas Reddy, a Bengaluru-based businessman, first checked flights to Kazakhstan in January, the fare was a reasonable ₹25,000. By late February, as war broke out across West Asia, it…
How RBI’s Sachet Portal can help you stay safe from financial fraud in FY27; 5-step guide to file complaint
In the new financial year, FY27, safeguarding your finances against fraud and scams is more urgent than ever. With digital transactions, online platforms and investment opportunities booming, many people remain…
ITR forms for AY 2026–27 out: Who can file ITR-1 and when should you choose ITR-2?
The income tax season is quietly knocking on the door again. If you are someone who usually waits till the last moment to file your return, here’s your early heads-up:…
Duration or accrual: Where should debt investors park money now?
When investors move money into debt mutual funds, they often assume all such funds work the same way—but they don’t. Different debt funds adopt different investment strategies depending on the…
Market crashes teach what no book or course ever can
In the last 93 years of American stock market history, there have been 50 declines of 10% or more—on average, once every two years. Of those 50, fifteen were drops…
8th Pay Commission to visit Dehradun on 24 April; stakeholders can apply by 10 April
The Government of India recently announced that a team from the 8th Pay Commission will visit Dehradun on 24 April, as a part of its nationwide consultation process with stakeholders.…
Opening a women-centric bank account? Here’s what to actually look for
India’s financial inclusion journey has made remarkable strides in recent years. According to government data, women today account for nearly 39 percent of bank account holders and contribute close to…
Financial year ends today: How tax loss harvesting can lower your tax outgo
With the financial year ending today, investors are making last-minute moves to reduce their tax outgo. While many focus on popular options like ELSS or deductions, there is another strategy…