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GST on apartment maintenance not new, rule exists since 2019: Tax officials

Amid rising concerns and confusion among apartment residents, tax officials have clarified that the Goods and Services Tax (GST) on apartment maintenance charges is not a new rule.

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Cashfree Payments appoints Piyush Anchliya as CFO

Cashfree Payments has named Piyush Anchliya as its new CFO, tapping his 15 years of global expertise to steer financial strategy. The move comes as the company secures key RBI licenses and $53M in funding to fuel its next phase…

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Employees in their 40s most at risk during layoffs: Bombay Shaving Company CEO

Employees in their 40s are facing the highest risk during mass layoffs as they usually earn the highest salaries, according to Shantanu Deshpande, CEO of Bombay Shaving Company.

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Depreciating the Rupee can help counter any dumping by China going ahead: Saurabh Mukherjea

Saurabh Mukherjea suggests that China’s manufacturing advantage, stemming from artificially lowered costs, poses a challenge to democracies. He anticipates China will attempt to flood global markets, including India, necessitating currency depreciation as a countermeasure. Mukherjea believes that India, along with…

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Monthly SIP inflows may rise to Rs 40,000 cr in 18- 24 months: Union AMC CEO

Fueled by rising incomes and investment awareness, monthly SIP inflows are projected to reach ₹40,000 crore within 18-24 months. Despite recent market volatility, SIP contributions surged in FY25, reflecting investor maturity. Union AMC anticipates further growth due to favorable tax…

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India’s fintech has come far, but so much more to be done: MobiKwik’s Upasana Taku

MobiKwik cofounder Upasana Taku sees immense growth potential in India’s fintech sector, driven by digital payments and expanding financial services. With only 10 per cent of Indians using multiple financial products, opportunities abound. The company aims for 10 fold growth…

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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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