The new income tax regime offers lower tax rates and higher standard deduction compared to the old tax regime. (AI image) ITR filing FY 2024-25 (AY 2025-26): When filing your income tax return every year, the choice between the old and the new income tax regime is an important one. The new income tax regime…
Wall Street held steady in early trading on Wednesday as investors awaited the US Federal Reserve’s policy decision, with the S&P 500 flat, the Dow Jones Industrial Average unmoved, and the Nasdaq composite edging up 0.1%.Around 20 minutes into trading, the Dow Jones Industrial Average ticked up 0.2 percent to 42,277.37, as did the broad-based…
Savings account holders will see reduced returns as major banks, including State Bank of India (SBI), HDFC Bank, and ICICI Bank, have lowered their interest rates following a 50 basis point repo rate cut by the Reserve Bank of India (RBI) in June 2025. The cumulative rate cut for this year now stands at 1%….
The Securities and Exchange Board of India (Sebi) on Wednesday proposed two key regulatory reforms aimed at expanding the investor accreditation framework and accelerating onboarding processes for Alternative Investment Funds (AIFs). The regulator has invited public feedback on these proposals by July 8.Under the suggested changes, all KYC Registration Agencies (KRAs) would become eligible to…
The Annual Pass is available only on the Rajmargyatra mobile application and NHAI website. FASTag-based annual pass for national highways: In a big relief for frequent travellers, Road Transport and Highways Minister Nitin Gadkari on Wednesday announced a new FASTag-based annual pass. The new FASTag annual pass will be available for Rs 3,000. It will…
Air India cancelled several international flights on Tuesday, causing disruption for travelers. The cancellations follow the tragic crash of Air India flight AI171, a Dreamliner bound for London, in which 241 out of 242 people on board were killed. In response, the airline has increased its operational inspections and technological checks.As of Tuesday, at least…
Ola claims that it is now India’s first ride-hailing service to completely remove commission charges. The fare for your next trip on an Ola will go entirely to the driver. Ola has announced nationwide implementation of a zero percent commission structure, enabling drivers across its auto, bike, and cab services to keep their entire fare…
The FASTag-based Annual Pass will facilitate efficient and economical travel on National Highways across India. FASTag-based Annual Pass announced! Road Transport and Highway Minister Nitin Gadkari on Wednesday announced the rollout of FasTag-based annual pass for users. The FASTag-based Annual Pass will cost users Rs 3,000, and will be effective from August 15, 2025. This…
Buyers from developed countries are encouraging Indian manufacturers to increase production capacity. (AI image) India is fast emerging as an alternate destination for reliable apparel sourcing for buyers in the West, as they move away from Bangladesh and China. India’s garment exports maintained robust growth, showing an 11.3% year-on-year increase in May, according to data…
The revised locker agreement now includes provisions allowing customers to seek legal remedies if banks fail to safeguard their locker contents. (AI image) Have you signed the updated locker agreement with your bank? If not, you are at the risk of losing your locker. Customers who have bank lockers face the risk of losing access…
