Tag: income tax

Wall Street’s momentum machine faces a Middle East stress test

Stocks
It’s the kind of geopolitical flashpoint that might once have triggered a full-blown market meltdown: Israeli warplanes struck Iranian nuclear sites, Tehran vowed revenge — then followed through. Oil spiked.Yet in a year where crises...

India’s soft industrial momentum, widening trade gap & business caution, key risks in H2 2025: Report

Economy
New Delhi: India's soft industrial momentum, a widening trade gap, and early signs of business caution warrant close tracking as H2 2025 unfolds, according to a report by LLama Research.While the broader economic outlook remains...

I-T Department digs deep, explores unusual sources for info gathering

Economy
MUMBAI: Tax authorities are going to unprecedented levels in using the provision of the law that allows it to collect information from different...

Aam aadmi wants smaller biscuit packs, but brighter jewellery

Economy
India’s middle class is facing a peculiar shopping dilemma. On one hand, rising costs are pushing them towards smaller packs of daily essentials....

Budget 2025: FM Sitharaman makes new income tax regime more attractive for salaried taxpayers

Business
Latest income tax slabs: The slab rates are easy to remember, slab changes with every block of 4 lakh and corresponding tax...

Revamping I-T Act: Sitharaman to introduce revised bill half the length of current code for greater simplicity

Economy
Finance minister Nirmala Sitharaman will introduce a new income tax bill in parliament next week that will be half as long as the...

Budget 2025: Consumption gains focus, capex disappoints market expectations – Budget Outlook

Stocks
The Union Budget 2025 has shifted focus from capex to consumption, sparking market reactions. Sunil Singhania, Founder, Abakkus Asset Manager analyzes this shift,...

What brokerages expect from India’s union budget on Feb 1

Economy
India's federal government is expected to use next month's budget to stimulate economic growth through measures such as income tax cuts, although a...

Choose correct ITR to report foreign assets; 2 lakh such returns filed: CBDT official

Economy
As many as two lakh Income Tax Returns (ITRs) containing details of foreign assets and income have been filed during the current assessment...

A Tax-Saving Strategy for Your RMDs You Might Not Have Heard About

Market
Everybody hates being told what to do, and retirement investors hate it even more when...

I’m Going to Do a Roth Conversion on $250k. Can I Use the Converted Funds to Cover the Taxes?

Market
I want to do a Roth conversion from my traditional IRA in the amount of $250,000. It’s my understanding...

With $218k in My IRA at 67, Should I Start Withdrawals to Avoid Bigger RMDs?

Market
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