Filing an income tax return ( involves following a series of steps to ensure all details are reported accurately. Resident individuals with a total income of up to ₹50 lakh…
Category: Banking And Finance
Central Bank of India targets over Rs 3,500 crore bad-loan recovery in FY27
New Delhi: State-owned is aiming to mobilise over Rs 3,500 crore from recovery from bad loans as part of measures to improve its balance sheet during . “We are having…
India’s wealth boom has a problem: 84.8% of households do not have a will, study finds
As the nation continues to witness one of its largest intergenerational wealth transfers, a new study by 1 Finance Magazine has uncovered a significant gap in household financial planning, and…
P/E vs PEG ratio: Which metric offers deeper insight into a company’s growth potential and valuation?
The price-to-earnings (P/E) ratio is one of the most common metrics for valuing a stock. However, this ratio considers only the static earnings and not the earnings growth over a…
Income-tax returns: What ITR deductions are available for medical treatments and healthcare expenses? Check details here
The Income-Tax Department has notified all I-T return forms for the financial year 2025-26 i.e. the assessment year 2026-27. Further, the department has enabled Excel Utility for ITR-1 (Sahaj), ITR-2…
Employees Provident Fund: Who is eligible and non-eligible to be nominee?
The Employees’ Provident Fund Organisation (EPFO) operates India’s provident fund and pension fund scheme, through joint contributions from both employers and employees. You receive the lump sum corpus at retirement.…
Taking a home loan? Here’s why your EMI should stay within 30% of monthly income
A well-planned home loan can turn the dream of homeownership into reality. Still, do keep in mind that it can also become a long-term financial burden if the EMI is…
Dearness Allowance FAQs: Is DA part of salary? Is it taxable? Must you report it in ITR?
Dearness Allowance (DA) is one of the most closely watched components of government employees’ salaries and pensions, especially whenever pay hikes or inflation adjustments are discussed. While millions of central…
8th Pay Commission: Indian Railways employees’ association demands ₹52,600 minimum pay, fitment factor of 3.80 — Details
The Indian Railways Technical Supervisors Association (IRTSA) in its meeting with the 8th pay commission (8th CPC) has demanded increase in minimum pay to ₹52,600, fitment factor of up to…