The Nifty 50 index closed below the crucial 23,000 level on Thursday, hitting its lowest since April, as selling pressure intensified across the board. Livemint reports the index broke down from an…
The Insurance Regulatory and Development Authority of India (IRDAI) has proposed sweeping changes to insurance distribution rules that could slash commission income for banks, NBFCs and digital brokers by up to 90%…
Buyers in India deduct TDS at different rates depending on whether the seller is a resident or a non-resident Indian (NRI). Livemint reports that under the Income Tax Act, 2025, a buyer…
There is no legal restriction on the number of home loans an individual can take in India, and borrowers can claim eligible tax benefits on all of them, subject to conditions under…
A person starting SIP investments at age 25 needs to invest about Rs 8,000 per month to build a Rs 5 crore corpus by retirement at 60, according to calculations using the…
Taxpayers who start building a new house before selling their old one can still claim the Section 54 capital gains exemption, provided the construction is completed within three years of the sale.…
The 8th Central Pay Commission is consulting employee and pensioner groups to revise salaries for over one crore central government staff and pensioners, including defence and railway personnel. The commission has not…
If you sold agricultural land, whether you must pay capital gains tax depends on the land's location. Rural agricultural land is exempt from capital gains tax as it is not considered a…
India's box office grossed Rs 6,398 crore in the first half of 2026, the highest post-pandemic period, surpassing 2025 by nearly Rs 650 crore. Despite this boom, demand for OTT and satellite…
Two new economic terms, funflation and treatflation, describe the rising cost of experiences and everyday indulgences in India, Livemint reports. Funflation refers to steep price hikes for concert tickets, live sports, theme…
