Category: Finance

ITR filing deadline extension: Why hopes for an extension of the last date to file ITR are fading
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ITR filing deadline extension: Why hopes for an extension of the last date to file ITR are fading

As of July 22, 2024, over 4 crore Income Tax Returns (ITRs) have been submitted, showing an increase of over 8% compared to the filings…

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Budget 2024 expectations: 8 expectations of salaried, individual taxpayers from FM Nirmala Sitharaman today
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Budget 2024 expectations: 8 expectations of salaried, individual taxpayers from FM Nirmala Sitharaman today

Finance Minister Nirmala Sitharaman will present the Union Budget 2024 today, July 23. As the third term of the Modi government begins with a less…

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ITR deadline extended to August 31? Beware of fake news, warns Income Tax Department
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ITR deadline extended to August 31? Beware of fake news, warns Income Tax Department

The Income Tax department has issued a warning about fake news that was published in a popular newspaper in Gujarat. The department stated that a…

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Not just Sensex, equity investors should check Geopolitical risk index too; Up 27% last year, may worsen in near future: Eco Survey
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Not just Sensex, equity investors should check Geopolitical risk index too; Up 27% last year, may worsen in near future: Eco Survey

Equity shareholders should also take into account the Geopolitical Risk Index along with the Sensex as it has increased significantly. The Geopolitical Risk Index relies…

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Retail investors speculating for higher returns in stock market, says Eco Survey 2024: FD rates not enough for survival?
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Retail investors speculating for higher returns in stock market, says Eco Survey 2024: FD rates not enough for survival?

The Economic Survey 2024 has sounded a word of caution for retail investors going overboard in investing their hard earned money in the stock market….

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Budget 2024 income tax expectations: Move all exemptions, deductions to new tax regime, say salaried taxpayers
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Budget 2024 income tax expectations: Move all exemptions, deductions to new tax regime, say salaried taxpayers

At present, taxpayers must choose between the old income tax regime, which includes deductions and exemptions, and the concessional or new income tax regime, which…

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Is gifting a wasteful exercise? Don't fall into the trap of spending to impress, gifting to gain favour
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Is gifting a wasteful exercise? Don’t fall into the trap of spending to impress, gifting to gain favour

It was my friend’s landmark birthday, as we now call these events. We live in times when we need an excuse to celebrate. Dressing up,…

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How young earners can plan and save for multiple goals
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How young earners can plan and save for multiple goals

Siddhant Singh is a 24-year-old graduate who has just started his career. He earns `65,000 a month. He has a lot of financial goals on…

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ESOP taxation relief in Budget 2024: Govt may consider deferring tax to point of sale
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ESOP taxation relief in Budget 2024: Govt may consider deferring tax to point of sale

Employee Stock Option Plans (ESOPs) have long been used as a compensation tool by companies to motivate employees by providing a sense of ownership and…

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Budget 2024 should allow professionals to switch between new and old tax regimes annually like individual taxpayers: Expert view
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Budget 2024 should allow professionals to switch between new and old tax regimes annually like individual taxpayers: Expert view

To boost small and medium businesses in India, the government should consider rationalising certain income-tax provisions for MSMEs and professionals in Budget 2024. Budget 2024…

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