e-shram portal: Several important announcements were made in Parliament on 1 February in the country’s general budget, in which a big announcement was also made for Gig Workers. Finance Minister Nirmala Sitharaman said in his budget speech that registration will be provided on the e-Shram portal for ‘Gig Workers’. On registering here, they will get … Read more
Finance Minister Nirmala Sitharaman announced in the budget on Saturday that large Unit Linked Insurance Plans (ULIPS) with annual premium more than Rs 2.5 lakh will now be levied at the rate of 12.5% LTCG tax at the rate of 12.5%. This provision will be applicable from 1 April 2026. This step has been taken … Read more
Income tax slabs: Finance Minister Nirmala Sitharaman has made major changes in income tax in this budget, which has given a big relief to the middle class. Now no income tax will have to be paid on the annual income of up to Rs 12 lakh. This decision will benefit millions of taxpayers and increase … Read more
The ratio of people having several demat accounts with a PAN (permanent account number) has increased 504 times since 2016-17. According to data received from a study published in the bulletin this month of the market regulator SEBI, in FY 2017, a total of 61.8 lakh unique PANs were associated with two or more demat … Read more
India’s eighth largest fund company AI is registering reforms in the returns of XI Mutual Fund Equity Fund. Restoration is now being witnessed in the company’s plans after the pressure of the return chart for almost two years. Many E Quit and hybrid funds of the fund company have now come in their own categories … Read more
Gold pris on 3nd Feb 2025: Gold started the week with firmly in the domestic market amid a record decline in Indian rupee. Gold benchmark April contract futures market i.e. during trading today (Intrade Trading) rose by Rs 500 to a height of Rs 82,815 up to Rs 82,815. On 1 February i.e. Saturday, it … Read more
The Central Board of Direct Taxes (CBDT) chief Ravi Aggarwal on Monday asked the industry to give his suggestions on the new Income Tax Bill. The bill will be introduced in Parliament this week. The new Income Tax Bill can replace the six -decade -old Income Tax Act, 1961. It has been prepared within six … Read more
Budget 2025: Finance Minister Nirmala Sitharaman has extended the registration deadline for startups to five years to 1 April 2030, which has raged a wave of joy in the startup ecosystem. Due to this expansion, startups recognized by the Department of Industry and Internal Trade Promotion (DPIT) will be able to avail tax exemption under … Read more
Finance Minister Nirmala Sitharaman presented the budget for the financial year on Saturday. In his budget, the Finance Minister has given a great proposal that mainly 10 million people living in rural India, who have joined the Self Help Group (SHGS), will get a credit score based on their performance. In the budget speech of … Read more
In Budget 2025, Finance Minister Nirmala Sitharaman has retained the benefit of standard deduction in both old and new tax systems for employees and pensioners who get salary. However, there were speculations that the government could increase it to give relief to the middle class, but it did not happen. Explain that standard deduction is … Read more