RBI cuts repo rate by 50 bps to 5.5 pc, third consecutive reduction
The RBI on Friday cut repo rate by a higher-than-expected 50 basis points to prop up growth, which has slowed to a four-year low of 6.5 per cent in FY25.
read moreRBI repo rate cut: How home loan EMI, and bank FD return will change? EXPLAINED
RBI MPC meeting: Repo rate cut is expected to lower EMIs for home loan borrowers, providing significant relief, while also likely reducing fixed deposit returns for investors
read moreUnderstanding Income Tax Regimes: Old vs New – A Complete Guide
In this article, we will dive deep into both tax regimes - Old Tax Regime and New Tax Regime. The write-up will explain features, benefits, recent changes, and practical implications for taxpayers of the both tax regimes.
read moreLIC of India receives BSI certificate
LIC of India, the leading Public sector Insurer, has been awarded the ISO 22301:2019 Business Continuity Management System (BCMS) certification from the British Standards Institution (BSI) .
read moreLIC Q4 results: Net profit jumps 38% to Rs 19,013 crore, insurer declares Rs 12 dividend
LIC's net premium income in Q4FY25 was Rs 1.47 lakh crore as against Rs 1.52 lakh crore a year ago.
read moreITR filing deadline extended from July 31, 2025 to September 15, 2025
This extension will provide more time due to significant revisions in ITR forms, system development needs, and TDS credit reflections, says CBDT
read moreITR filing for FY 2024-25 (AY 2025-26): Due dates, forms and what to do if you miss the deadline
Typically, the ITR filing process begins on April 1 of the assessment year. Accordingly, for FY 2024–25, filing should have opened on April 1, 2025. However, this year, there has been a delay, and the process is now expected to begin in June 2025.
read moreITR hacks for senior citizens: Don’t miss THESE tax benefits available for pensioners in 2025
In this story, we will discuss about the various tax benefits available for senior citizens those availing retirement benefits like commuted pension, gratuity, leave encashment on retirement and provident fund, etc. First, let's understand who actually are senior citizens as per the Income Tax Department.
read moreIndia now a $4-trn economy, overtakes Japan to become 4th largest: NITI Aayog CEOrn economy, overtakes Japan to become 4th largest: NITI Aayog CEO
The top government think tank's CEO further said that the overall geopolitical and economic environment are favourable to the country
read moreLIC bags Guinness world record for selling close to 6 lakh insurance policies in 24 hours
On January 20, a total of 4,52,839 agents of LIC successfully completed and issued an astounding 5,88,107 life insurance policies across India, it noted
read moreIncome Tax Return 2025: How to file ITR without Form 16? Check out THESE easy alternative documents
Form 16 or Form 16A is the certificate of deduction of tax at source. It is issued on deduction of tax by the employer on behalf of the employees and provide details of TDS/TCS for various transactions between deductor and deductee. It is mandatory for employers to issue these certificates to taxpayers.
read moreLIC outpaces industry in April with nearly 10% growth in New Business Premium
According to data released by the Life Insurance Council, LIC collected Rs 13,610.63 crore in NBP for the month, up from Rs 12,383.64 crore in April 2024
read moreITR Filing 2025: Common mistakes that can cost you big
With ITR forms for FY 2024-25 already available, now is the ideal time to prepare and avoid last-minute mistakes.
read moreIncome Tax Department notifies ITR forms 1, 2, 3, 4 and 5 – Which one should taxpayers use?
Different tax returns are prescribed for filing by individual taxpayers depending on their income and its source as well as factors such as residential status.
read moreITR filing for FY 2024-25 (AY 2025-26): Due dates, forms and what to do if you miss the deadline
Typically, the ITR filing process begins on April 1 of the assessment year. Accordingly, for FY 2024–25, filing should have opened on April 1, 2025. However, this year, there has been a delay, and the process is now expected to begin in June 2025.
read moreITR Filing 2025: What taxpayers must know about sections 80C, 80D, 24B and more
As taxpayers get ready to file their returns, it is crucial to understand the key sections of the Income Tax Act, 1961, that can help in accurate tax calculation, availing deductions, and choosing the appropriate tax regime.
read moreIncome Tax Returns: New ITR-1 form explained – What are the key changes notified this year?
The simplified form is designed for individuals and entities who earned up to Rs 50 lakh during the recently concluded financial year.
read moreITR Filing 2025: You will get your Form 16 in new format this year – Know why
The Income Tax Department is expected to notify the filing forms for the financial year 2024-25, or Assessment Year 2025-26, soon.
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