FY25

Does record SIP cancellations in FY25 reflect a downtrend in SIP investment? Experts share tips for volatile market

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Does record SIP cancellations in FY25 reflect a downtrend in SIP investment? Experts share tips for volatile market

Mutual Fund: SIP, also known as Systematic Investment Plan, is an organised method of investing in mutual funds. It involves making consistent contributions at fixed intervals to promote steady wealth accumulation over time. The unpredictable nature of the market often causes concern among investors. Recently, Yadnya Investment Academy, a reputable source on financial matters, reported … Read more

For IT, FY25 may turn out to be almost a déjà vu of FY24: Ankur Rudra, JP Morgan

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For IT, FY25 may turn out to be almost a déjà vu of FY24: Ankur Rudra, JP Morgan

Ankur Rudra, Head of APAC Telecoms & India TMT Research, JPMorgan, says there have always been hope rallies that have played in the IT services sector in the last year. We have seen some of that potentially play out in the last one-and-a-half months. But in the near term, we are not seeing any improvement … Read more

ITR Filing: Check income tax slab rates for FY 2024-25 (AY 2025-26) under old, new tax regimes

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ITR Filing: Check income tax slab rates for FY 2024-25 (AY 2025-26) under old, new tax regimes

The Income Tax filing deadline is just 46 days away from today, with the deadline being on July 31, 2024. Taxpayers should be ready to file their returns anytime now at the tax rates declared by the government. One should note that there are two types of tax regimes — Old Tax Regime and New Tax … Read more

Old Tax Regime vs New Tax Regime: Here’s guide on which tax system to choose if your salary is Rs 80,000

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Old Tax Regime vs New Tax Regime: Here’s guide on which tax system to choose if your salary is Rs 80,000

Since the Centre made the New Tax Regime the default tax system in 2023, there has been many reports on which tax system is better and what to choose. The government introduced a new tax regime, known as Section 115BAC, as an alternative to the old tax regime. This new regime was optional and started … Read more

Investing in gold bonds, ETFs or assets? Here’s how you will be taxed in FY25

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Investing in gold bonds, ETFs or assets? Here’s how you will be taxed in FY25

There is no doubt that investment in gold has never faded away despite the good performance of other asset classes. Since February, gold has demonstrated a remarkable yield of approximately 17 per cent. Correspondingly, the commodity’s value has reached unprecedented levels daily in both domestic and global markets, despite an ascent in US Treasury yields. … Read more

Maharashtra's GSDP likely to expand by 10% in FY25, govt focus on farmers: Ajit Pawar

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Maharashtra's GSDP likely to expand by 10% in FY25, govt focus on farmers: Ajit Pawar

Maharashtra Deputy Chief Minister Ajit Pawar. File | Photo Credit: PTI Maharashtra’s gross state domestic product (GSDP) was expected to grow by 10% in FY 2024-25 and the government was committed to ensure that revenue deficit doesn’t cross the prescribed limit, Finance Minister Ajit Pawar told the Legislative Assembly on Friday. The GSDP, which was … Read more