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Centre collected Rs 98,681 cr from LTCG tax in FY23, not to abolish tax on equities or MFs in FY25

The Centre on Tuesday informed that it collected nearly Rs 98,681 crore from long-term capital gains (LTCG) tax in FY23, a nearly 15 per cent growth from Rs 86,075 crore in FY22.

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Reduction of Corporate Tax, removal of Angel Tax will help promote India-US economic ties: Ex-CEA Subramanian

The Indian government has announced measures to promote India-US economic engagement, including a reduction of corporate tax from 40% to 35% and the removal of the Angel Tax. The move is seen as a strategic move to strengthen India’s economy…

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Capital gains tax framework completely overhauled: Changes that can hurt you, measures that can lower your tax

In a paradigm shift, Budget 2024 has completely overhauled the capital gains tax framework.

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Manufacturing to propel India’s journey of Viksit Bharat: PM Modi

Prime Minister Modi expressed, “India is going to be a global player, and India’s private sector is an empowered medium to make India a Viksit Bharat.”

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Digitalisation lowers costs and to boost volume of inward remittances

The Reserve Bank of India (RBI) reports that the global adoption of Unified Payments Interface (UPI) and Central Bank Digital Currencies (CBDCs) can reduce remittance costs, increase volumes, and boost inflows. In 2023, Fintechs offered the lowest average remittance cost…

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Digital tech adoption has improved efficiency of banks, increased competition on sector: RBI RCF Report

Paying light to the banking sector, the Reserve Bank of India in its recent report has said that the adoption has improved the efficiency of banks in India, along with increasing competition. “The adoption of digital technologies has improved the…

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  • PPF, SSY, other small savings schemes are not only about tax saving - Here's what you are missing

    Small savings schemes like PPF, SSY, and NSC are relevant even for the taxpayers who have opted for the new tax regime. These schemes are being changed and recast as tools for long-term, tax-resistant, purposeful saving. They are not out of date; their role in Indian household finance is changing.

  • Account aggregator 2.0: The inflection point India has been waiting for

    The Account Aggregator framework, introduced by RBI, enables secure, consent-based sharing of financial data. It allows individuals to control their data while facilitating faster credit decisions and reducing reliance on manual document uploads, thus enhancing the financial ecosystem in India.

  • What is property tax? From how to calculate to penalty on late payments — all you need to know

    Property tax, imposed by municipal authorities on real estate, varies by location and property value. From how to calculate to penalty on late payments — full details here.

  • What is professional tax and who needs to pay it? Is it part of your CTC? All you need to know

    While it is not discussed as widely as income tax, professional tax is crucial for individuals earning incomes from their professions in states where this tax is levied. Here is everything you need to know.

  • Owning India’s real estate one square foot at a time with ease: Alt DRX's Avinash Rao

    You can sit where you are right now, use that mobile phone, and own a square foot anywhere in the country, said Avinash Rao, founder of Alt DRX, a blockchain-powered digital real estate marketplace

  • Indians want global assets. See how to invest abroad despite limits.

    Viram Shah, co-founder and CEO, Vested Finance, and Vaibhav Shah, head of products, business strategy and international business, Mirae Asset Investment Managers (India), share how you can invest abroad at Mint Money Festival 2026.

  • Why mutual funds are emerging as the default investment choice

    At Mint Money Festival in Mumbai, top mutual fund CEOs explain why India’s MF boom reflects a structural savings shift—and why asset allocation and discipline matter more than chasing returns.

  • Are Reits the right way to own top commercial real estate?

    Pratik Dantara, EPC member of the Indian REITs Association and chief investor relations officer and head of strategy at Nexus Select Trust, weighed in on the question at the Mint Money Festival.

  • Income-tax draft rules 2025: Form 16 and 26AS numbers to change from 1 April? Here's all you need to know

    The draft document for the updated Income Tax rules 2025, set to come into effect from 1 April this year state changed numbers for Form 16 (TDS on salary) and Form 26AS (AIS) among others. Here's all you need to know…

  • Financial DNA: Why your credit score is the new social currency

    At the Mint Money Festival 2026, CRIF Highmark’s Ramkumar Gunasekaran explained how credit scores now influence everything—from loans and insurance to jobs and even marriage.

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