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FD interest rate: Union Bank offers up to 8.15 percent on 333-day fixed deposits

New Delhi, Aug. 7 -- Union Bank of India has recently revised its interest rates on fixed deposits and now it offers a special interest of 7.4 percent to regular citizens on term deposits of 333-day t... Read More


LTCG amendment: Experts cheer decision to restore indexation benefit for property. Why this govt move matters

New Delhi, Aug. 7 -- Land and building owners now have a reason to cheer. The government has proposed an amendment to the Finance Bill 2024 regarding long-term capital gains (LTCG) tax, thereby reliev... Read More


Govt considers shedding up to 5 percent stake in LIC in this fiscal: Report

New Delhi, Aug. 7 -- The government may consider selling up to 5 per cent stake in the state insurer Life Insurance Corporation (LIC) this financial year in order to meet the minimum public shareholdi... Read More


Small savings schemes: What are the latest interest rates offered to depositors?

New Delhi, Aug. 4 -- Small investors often look for a number of investing options for wealth creation. For long term investors, there are such options as equity investment, mutual funds and bonds. Co... Read More


ITR-U Filing: Want to update your ITR? You can file an updated tax return; Here's all you need to know

New Delhi, Aug. 3 -- The deadline to file income tax return expired on July 31, taxpayers can, meanwhile, file a belated income tax return (ITR) before December 31, 2024 after paying a penalty. It is ... Read More


Sebi eases disclosures requirements for university funds and endowments via latest circular. Check details

New Delhi, Aug. 2 -- The capital markets regulator Securities Exchange Board of India (Sebi) on May 30, 2024, released a master circular for foreign portfolio investors (FPIs). This master circular h... Read More


Have you missed ITR filing deadline? You can still file belated income tax return. Check details

New Delhi, Aug. 1 -- Although more than seven crore income tax returns (ITR) were filed until 7 pm on July 31, 2024, there would still be hundreds of thousands of taxpayers who have yet not filed thei... Read More


Confused whether capital gains tax will be short term or long term? Here is your guide across asset classes

New Delhi, July 26 -- If you have recently sold an asset and are unsure whether the sale will be computed as per the short-term or long-term capital gain tax, then you need to first determine the hold... Read More


Confused whether capital gains tax on your asset sale will be short term or long term? Here is a complete guide

New Delhi, July 26 -- If you have recently sold an asset and are unsure whether the sale will be computed as per the short-term or long-term capital gain tax, then you need to first determine the hold... Read More


Confused whether capital gains tax will be short term or long term? Here is the guide across asset classes

New Delhi, July 26 -- If you have recently sold an asset and are unsure whether the sale will be computed as per the short-term or long-term capital gain tax, then you need to first determine the hold... Read More