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Can a 30% flat deduction bring taxpayers back to long-term investments, insurance?

Can a 30% flat deduction bring taxpayers back to long-term investments, insurance?

When the new income tax regime was introduced in 2021, people were taken aback by the lack of most deductions. However, the simplified tax regime made a lot of sense.  Gone was the hassle of tracking investments, loans, or charitable contributions. Instead, taxpayers pooled their income, calculated tax liabilities, and filed returns with ease, embracing

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RBI warns of financial risks from surging unsecured debt, speculative trading

RBI warns of financial risks from surging unsecured debt, speculative trading

India’s rapid digital financial expansion is fuelling both opportunity and risk, with rising unsecured debt and speculative trading posing new challenges for the financial system, Reserve Bank of India (RBI) deputy governor M. Rajeshwar Rao warned Friday. While technology has deepened financial inclusion, Rao said, concerns have emerged over unchecked borrowing and speculative investments that

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Supreme Court stays order asking NBCC to complete debt-ridden realty firm Supertech homes

Supreme Court stays order asking NBCC to complete debt-ridden realty firm Supertech homes

New Delhi, Feb 21 (PTI) The Supreme Court on Friday stayed an order appointing state-owned NBCC as the project management consultant to complete debt-ridden realty firm Supertech Ltd’s 16 housing projects at nearly ₹9,500 crore cost.  Also Read | CCI clears acquisition of commercial real estate assets by Nexus Select Trust A bench comprising Chief

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Nifty Pharma index tanks over 3% on Trump’s 25% tariff threat; Aurobindo Pharma top loser

Nifty Pharma index tanks over 3% on Trump’s 25% tariff threat; Aurobindo Pharma top loser

Stock Market Today: Indian pharma stocks faced significant selling pressure in today’s session, February 19, after U.S. President Donald Trump announced that he would impose duties on pharmaceutical imports, expanding his ongoing trade protectionist measures to major industries. Indian pharma stocks were already reeling under pressure due to weak performance in the December quarter, and

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Kashmir’s vanishing winter: How climate change is pushing the kangri tradition to the brink

Kashmir’s vanishing winter: How climate change is pushing the kangri tradition to the brink

The bone-chilling grip of Chillai Kalan, the 40-day period of harsh winter, typically stretching from 21 December to 31 January, that defines life in the Valley, felt like a distant memory. Instead of bracing against the cold, people were embracing the sun—an unusual sight for this time of year. For two consecutive years, Kashmir has

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UPL, Maruti Suzuki, SBI Card, Bajaj Finance & more: These 10 stocks outshine gold prices in 2025 while Nifty 50 falls 3%

UPL, Maruti Suzuki, SBI Card, Bajaj Finance & more: These 10 stocks outshine gold prices in 2025 while Nifty 50 falls 3%

Despite significant losses in the Indian stock market—driven by US President Donald Trump’s aggressive tariff policies, heavy foreign capital outflows, and weak domestic macroeconomic indicators—10 stocks from the BSE 500 index have surged 15-29% this year (as of February 14). These stocks have outperformed even gold, which has delivered stellar gains amid weak market sentiment.

UPL, Maruti Suzuki, SBI Card, Bajaj Finance & more: These 10 stocks outshine gold prices in 2025 while Nifty 50 falls 3% Read More »

How the upcoming budget can reduce pending tax appeals, ease financial burden on small taxpayers

How the upcoming budget can reduce pending tax appeals, ease financial burden on small taxpayers

Amid expectations the upcoming budget will address the issue, experts suggest steps such as reintroducing the faceless regime with personal hearings to handle complex cases, ramping up staffing, alternative dispute resolution mechanisms and mandating a one-year deadline to dispose of appeals. As per the Central Action Plan data, about 550,000 appeals were pending for disposal

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