Finance

High-Return Investment Options with Tax Benefits

When choosing the best investment plan from the above options that also offers tax savings, remember that certain tax benefits are only available under the old regime

2 days ago

From sugar to IT exports, GST rejig to boost Maharashtra's economy

The GST reduction on refined sugar from 12 per cent to 5 per cent will lower sugar prices by around 7 per cent at whole sale level, benefiting India's largest sugar producer-Maharashtra's sugar belt, comprising of Kolhapur, Sangli, Satara, Pune, Solapur, and Ahmednagar.

6 days ago

How Education Loan Disbursement Works for Students

Studying abroad is a dream for many, and an education loan often makes that dream possible

7 days ago

Over 150 products may see rate cut in GST Council meet this week

GST 2.0: Empowering livelihoods and growth in Uttar Pradesh

Lower tax rates are expected to improve affordability for households, ease working-capital pressures on artisans, and strengthen MSME competitiveness in both domestic and global markets, according to an official statement issued on Thursday.

9 days ago

SBI sees inflation below RBI projections, calls it a regulatory policy too

SBI highlighted that several domestic factors are easing price pressures, such as the good progress of the monsoon, higher kharif sowing, strong reservoir levels, adequate foodgrain stocks, and the recent rationalisation of GST rates.

9 days ago

Gold price stays elevated buoyed by US shutdown risks, rate-cut bets

Precious metals remained volatile on Tuesday, with gold and silver slipping from early highs as traders booked profits. Later in the evening session, both metals recovered from their intraday lows as hedging activity increased.

10 days ago

UPI transactions see 31 pc growth at 19.63 billion in September: NPCI data

In August, the UPI transactions had crossed 20 billion for the first time in its history. UPI had earlier achieved a record of crossing 700 million transactions in a single day on August 2.

10 days ago

RBI Monetary Policy Committee unlikely to cut rates in October: Report

The transmission of the past 100 bps rate cut is assessed as nearly complete for fresh deposits (-94 bps) but muted for outstanding deposits (-18 bps), ICRA said in its report.

16 days ago

GST reforms have reduced the tax burden on people: Nirmala Sitharaman

Indian banks performing exceptionally well: FM Sitharaman

Speaking at the 91st Foundation Day celebrations of the Bank of Maharashtra in Pune, FM Sitharaman highlighted the resilience of India's banking sector amid global uncertainties.

16 days ago

New GST Rate List 2025: Around 370 items get cheaper, milk, electronics, gym, salons and more

Union Finance Minister Nirmala Sitharaman announced that the overhaul aims to inject approximately Rs 2 lakh crore into the economy by increasing the disposable income of consumers. Over 50 items, including UHT milk, khakhras, pre-packaged paneer, and breads like chapatis and parathas, will now fall under a zero-tax bracket due to the new structure.

19 days ago

Rate cut in Sep best possible option for RBI amid low inflation, GST reforms: Report

The RBI Monetary Policy Committee (MPC) meeting is scheduled from September 29-October. The RBI maintained the policy rate at 5.50 per cent during its August meeting, following significant easing in the prior session.

19 days ago

Festival of taxes or festival of votes? Decoding PM Modi's GST address to nation

Prime Minister Modi's GST address is a political and economic gambit of rare audacity. It offers tangible relief to millions, simplifies a complex tax regime, and positions the government as a benefactor at a culturally resonant moment.

20 days ago

Gold surges over Rs 3,300 in this week, Silver crosses Rs 1.28 lakh mark

Gold Stays Range-Bound This Week, Sentiment Positive Amid Global Uncertainty

"Gold traded range-bound but positive, with gains of 0.38 per cent at $3,657 and 0.26 per cent at Rs 1,09,330, as Fed's policy supported the recent rate cut while keeping the door open for two more cuts based on incoming data," said analysts.

21 days ago

Stock market snaps three-day rally; IT stocks fall, Adani Group's shares rise

Sensex ended the session at 82,626.23, down 387.73 points or 0.47 per cent. The index started the trade a bit lower at 82,946.04 against last session's closing of 83,013.96. The index extended the downward trend further amid selling in IT and banking heavyweights. It touched an intraday low at 82,485.92.

22 days ago

All you need to know about notifications issued under GST 2.0 reforms

The Finance Ministry on Thursday issued a list of six Frequently Asked Questions on GST 2.0 relating to the new notifications that have been issued to bring the tax rate cuts on goods and services into effect from September 22.

23 days ago