The Income Tax Department has issued a crucial reminder for taxpayers regarding the final instalment of advance tax for the financial year 2024-25. As per the official directive, taxpayers must clear their advance tax dues by March 15, 2025, to ensure compliance with Indian tax laws. Timely payment of advance tax not only prevents interest penalties but also contributes to the government's efforts towards economic growth, supporting the ‘Viksit Bharat Movement’ aimed at making

Millions of women worldwide face significant financial disparities compared to men, accumulating to hundreds of thousands of pounds less in lifetime earnings. This financial gap begins early in life and persists into retirement. Understanding these challenges and taking proactive steps can help close the wealth gap for future generations.   Childhood: The Starting Point of the Wealth Gap Research by Starling Bank shows that parents give boys

The tragic Pranay murder case, which shocked the Telugu states in 2018, has finally reached its legal conclusion. The sensational case, involving the brutal daylight murder of a young man named Pranay, has remained a focal point in Telangana's criminal history due to its deeply rooted social and emotional undertones. The Special SC ST Court has now pronounced its final verdict, delivering justice after years of investigation and courtroom proceedings.   

A loan against mutual funds is an effective financing option that allows investors to access funds without selling their investments. By pledging mutual fund units as collateral, individuals can secure a loan from banks or financial institutions. This method provides a practical solution for short-term financial needs while enabling investors to retain their portfolio and continue benefiting from market growth.   What is a Loan Against Mutual Funds?

The first-ever White House crypto summit left some investors disappointed as Bitcoin prices dipped. While the event marked a shift in U.S. policy toward digital assets, the lack of strong commitments led to uncertainty. Crypto Industry Hopes for Stronger Support The White House hosted its first-ever cryptocurrency summit, bringing together top executive

The Indian government has introduced the Income Tax Bill 2025, a major overhaul of the country’s tax laws, granting unprecedented investigative powers to tax authorities. While presented as a move to modernize tax compliance, the bill includes provisions that allow tax officers to access digital assets, emails, social media profiles, trading accounts, and cloud storage in cases of suspected tax evasion.Finance Minister Nirmala Sitharaman introduced the bill in Parliament, stating that i

A common question among newlyweds and couples planning their future is whether marriage has any effect on their credit score. The simple answer is no—getting married does not directly impact your credit score. Credit bureaus like CIBIL, Experian, and Equifax do not track or record marital status when calculating individual credit scores.However, while marriage itself doesn’t influence credit scores, the financial decisions you make as a couple can have a significant impact. When y

With rising inflation and uncertain economic conditions, traditional savings methods like bank accounts and fixed deposits may no longer be enough to grow wealth. As a result, investors are increasingly looking at stocks, gold, and real estate as viable alternatives to secure their financial future.But which investment is the best choice in 2024? Let’s analyze each option using historical data, expert insights, and current market trends.   Real Estate: Sta

The Indian government is reportedly working on a Universal Pension Scheme, a voluntary initiative designed to provide retirement benefits to individuals across all sectors, including those in unorganised employment, traders, and self-employed individuals aged 18 and above. Unlike traditional job-based pension plans, this scheme will not be tied to any specific employment, making it accessible to a wider range of individuals.The Labour Ministry has already initiated discussions on the framewor

The Employees’ Provident Fund Organisation (EPFO) is set to introduce a major digital upgrade by allowing employees to withdraw their provident fund (EPF) claims using the Unified Payment Interface (UPI). This move is part of the Indian government’s broader initiative to enhance digital financial transactions and streamline fund disbursements for millions of subscribers. The feature is expected to launch in the next two to three months as EPFO collaborates with the National Paymen

Tamil Nadu BJP president K Annamalai has sparked a political showdown with the DMK by challenging its IT wing to a social media hashtag battle. The confrontation comes after DMK leader and Tamil Nadu Deputy Chief Minister Udhayanidhi Stalin warned that if the BJP government continued imposing Hindi, the slogan in Tamil Nadu would shift from ‘Go Back Modi’ to ‘Get Out Modi’.   Responding aggressively, Annamalai dared DMK supporters to tweet ‘

Microsoft is making a massive $80 billion investment in artificial intelligence this year, reinforcing its leadership in the AI industry. However, a surprising Microsoft-Carnegie Mellon University study suggests that overreliance on generative AI, like ChatGPT, could lead to a decline in critical-thinking and analytical skills among professionals.The research found that workers who trusted AI for writing, analysis, and decision-making practiced those skills less over time, leading to self-dou

A recent Maharashtra wedding was called off due to the groom’s low CIBIL score, proving that financial compatibility is a crucial factor in relationships. While love is important, financial transparency, budgeting habits, and investment planning are equally essential for a successful marriage.According to a 2024 YouGov survey, 32% of Indian Millennials and Gen Z took out personal loans last year—many without discussing them with their partners. Financial stress ranks among the top

 This Valentine’s Day, as prospective brides and grooms prepare to unite their lives, discussing financial goals and aspirations is crucial for setting a solid foundation for a healthy marriage. Honest conversations about money help align values, reduce the chances of future conflicts, and create a framework for long-term financial success. Couples should focus on shared goals such as saving for emergency funds, planning for home buying, setting a budget for yearly expenses, and ad

The social media platform X has agreed to pay 10 million dollars to former President Donald Trump as part of a settlement that brings an end to a legal dispute stemming from the suspension of his account. This resolution marks the conclusion of a contentious legal battle that had its roots in the events following the U.S. Capitol incident. In January 2021, two days after the events at the Capitol, X – formerly known as Twitter – made the decision to su

The Reserve Bank of India (RBI) announced a 25 basis points cut in the benchmark interest rate, marking its first reduction in five years. The decision, led by Governor Sanjay Malhotra, aims to boost economic activity but was met with mixed reactions from investors. Despite expectations of a rate cut, the market remained cautious as the RBI maintained a neutral stance without introducing additional liquidity measures. Foreign Institutional Investors (FIIs) continued outflows amid concerns ove

On Monday, the Indian rupee plunged by 67 paise to hit a record low of 87.29 against the US dollar. This sharp depreciation came in the wake of US President Donald Trump's decision to impose tariffs on Canada, Mexico, and China, sparking fears of a global trade war. Trump’s tariffs—25% on Canada and Mexico, and 10% on China—sent shockwaves through the financial markets. As the US dollar gained strength amid risk aversion, the rupee faced mounting pressure due to sustaine

A recent report by global analytics firm FICO has highlighted the increasing threat of scams in India's real-time payments (RTP) ecosystem. According to the survey, over one-third (34%) of respondents have lost money to scams, paying for goods, services, or investments that were never delivered. The report further reveals that 60% of respondents have received messages from scammers, and 54% reported that friends or family members have been scammed. Despite fewer people reporting

With the Modi government set to present its second full budget for the third term in power, the middle and lower-income groups across India are hopeful for key reforms that could alleviate their financial burdens. The anticipated reforms in Budget 2025 include tax relief measures, simplification of income tax laws, and a focus on financial literacy, insurance, and retirement savings. Key Expectations from Budget 2025 Insurance Sector Reforms:

Nandamuri Balakrishna, the well-known actor and politician, has mastered the art of balancing two demanding professions: acting and politics. Serving as a Member of Legislative Assembly (MLA) for Hindupur in Andhra Pradesh for three consecutive terms, Balakrishna, or Balayya, has proven to be a successful public representative while maintaining a strong acting career. Despite his busy schedule in the film industry, where he recently enjoyed the success of his blockbuster Daaku M