From April 1, 2025, the new income tax return filing season will start for AY2025 -26. For salaried taxpayers, their employer will provide a Form 16 containing all income tax details for the fiscal year 2024-25 (or assessment year 2025-26). Form 16 is a crucial document for salaried employees in India, particularly as the income … Read more
The 82-year-old Swedish multinational furniture company and home furnishings retailer, IKEA, had studied Delhi’s diversity and consumer behaviour for the past four years before stepping in with e-commerce from March 1. North India is the country’s largest home furnishing market. “The e-commerce approach first helps us to reach more customers faster and also understand their … Read more
On February 16, a third-year woman student from Nepal was found dead by suicide in the Bhubaneswar-based Kalinga Institute of Industrial Technology (KIIT). Initial investigation by the police revealed that harassment from a fellow male student had led the student to take her own life. Other students from Nepal carried out a protest stating that the … Read more
Knowledge Realty Trust, a joint venture between Sattva Group and Blackstone, filed a draft prospectus with capital markets regulator Sebi to raise as much as Rs 6200 crore, which will be India’s largest REIT IPO. Knowledge Realty Trust will be the largest REIT in India in terms of net operating income (NOI) and gross asset … Read more
In 2025, airport lounge access has become a crucial perk for frequent travelers in India. Whether you’re a business traveller seeking comfort or a leisure flyer looking for a hassle-free experience, credit cards with complimentary lounge access can enhance your journey. Here’s a comprehensive guide to the best credit cards offering airport lounge benefits in … Read more
Jammu and Kashmir Chief Minister Omar Abdullah speaks during the first day of the Budget session of J&K Assembly, in Jammu, on March 3, 2025. | Photo Credit: PTI Jammu and Kashmir Chief Minister Omar Abdullah said on Monday (March 3, 2025) that India and Pakistan came closer to resolving the Kashmir issue during the … Read more
Specialized Investment Fund: The Securities and Exchange Board of India (SEBI) is set to launch a new asset class for investors on April 1, 2025. The introduction of the Specialized Investment Fund (SIF) by SEBI aims to cater to the increasing demand from investors who feel constrained by the conventional options of mutual funds and Portfolio … Read more
“India will need to grow at an average of 7.8% to become a high-income country by 2047,” a World Bank report said on Friday (February 28, 2025.) To achieve this goal, India would require reforms in the financial sector as well as in land and labour market, the World Bank said in its India Country … Read more
The Securities and Exchange Board of India (SEBI) has introduced a framework for a new type of investment product known as the Specialized Investment Fund (SIF). This category is intended to serve as a middle ground between Mutual Funds (MFs) and Portfolio Management Services (PMS). The new framework is scheduled to be implemented from April … Read more
