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US, China reach major agreement on tariffs; US slashes levy to 30% from 145%, China to 10% fom 125%

China has announced a significant shift in its trade approach by setting tariffs on US goods at 10% and suspending additional tariffs for 90 days, according to Reuters. Bloomberg reports that the US will reduce its levies on Chinese imports…

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Husband wife duo wins Rs 1.3 crore long term capital gains tax exemption case under Section 54 despite selling two houses to buy a joint property; ITAT Mumbai case

The ITAT Mumbai ruled that a wife is eligible for a Rs 1.3 crore Section 54 LTCG tax exemption on a property sale, even though the new property was jointly purchased with her husband. This decision came after the tax…

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RBI’s new co-lending norms spark fears of dual reporting of defaults

One of the most contentious aspects of the new framework is the proposal for a simultaneous classification of non-performing assets, where a loan marked as NPA by one partner will be tagged by all other co-lenders.

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Andhra Deputy CM announces property tax exemption for defence personnel in villages

Andhra Pradesh Deputy Chief Minister Pawan Kalyan has declared a property tax exemption for all active Indian Defence personnel owning homes within gram panchayat limits.

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FIIs to resume equity purchases in India as bulls roar: Analysts

The ceasefire between India and Pakistan has paved the way for a sharp rally in the market and with this, foreign institutional investors (FIIs) are likely to resume their equity purchases in India, analysts said on Monday.

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75 leading tech companies spearheaded over 2,610 CSR projects, investing Rs 5,443 cr: Nasscom Foundation

AI, digital skilling, and sustainability are reshaping CSR which is now a strategic imperative, and not a side activity, says Nasscom Foundation CEO, Jyoti Sharma.

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News

  • How to earn ₹20,000 per month using SCSS while getting tax benefits? Explained

    SCSS is a government-backed small savings scheme designed for senior citizens to keep their finances steady after retirement. SCSS gives Indians over the age of 60 to have a secure and safe investment avenue.

  • Explained: Can you open more than one PPF account? Here's what government rules say

    Individuals can invest a minimum of ₹500 and a maximum of ₹1.5 lakh per year for 15 years in their PPF accounts. This amount is locked in for 15 years, after which you can get your investment back with interests without having to pay any tax.

  • UPI to withdraw PF? EPFO working on new app to make money transfer easy for you, reports claim — How it will work

    The labour ministry is working on a project under which a certain amount of PF money will be frozen, and members will be able to see a large chunk of their provident fund available for withdrawal through their bank using UPI.

  • ₹5 lakh DICGC bank deposit insurance: Is it enough or should the govt increase it?

    DICGC insurance covers 97.6% of the total bank accounts, but only 41.5% of the value (amount) of deposits. The cover was last increased from ₹1 lakh to ₹5 lakh in 2020. In 2025, a proposal to increase it was considered.

  • New income-tax rules may revive interest in old regime for high-income salaried taxpayers

    The recent proposals in the Income Tax Rules enhance education and college hostel allowances and reclassify cities for HRA purposes. These changes may entice salaried individuals to reconsider the old tax regime, especially in high-rent urban areas. 

  • Indian market is 18 months ahead of its fair value: DSP Mutual Fund's Kalpen Parekh

    Despite consolidating over the past year, the market remains expensive and investors should therefore moderate their return expectations, Parekh told Mint in an interview.

  • Beyond the comfort of groups: Why individual health insurance still matters

    Group and affinity health insurance expand coverage, but their short-term nature, hidden risks and lack of continuity make them an unreliable substitute for individual health policies.

  • US 2025 tax returns: What is the deadline to file taxes? What happens if you miss it during the 2026 tax filing season?

    As the 2026 tax filing season comes, it is important to know the deadline for filing 2025 tax returns. Taxpayers who delay filing their taxes often have to face penalties, late fees and other issues.

  • Bond yields are rising. How should you reposition your debt fund portfolio?

    With bond yields firming up, fund managers say debt fund investors need to strike a careful balance in their portfolios to guard against further upside risks. Here’s how they are positioning debt strategies in the current environment.

  • How to ensure your retirement corpus does not run out early

    With proper planning, a little bit of caution and effort, you can have a smooth retirement. 

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