Wealth

A gazette notification issued by the ministry on Sept. 17 formally brought the higher limit into effect.

With annual income reaching Rs 25 lakh, taxpayers need to assess how freelance or other income is taxed, while keeping records of invoices, expenses and TDS.

NRIs can transfer eligible funds from an NRO account to an NRE account, but the facility is subject to a USD 1 million annual limit, applicable taxes and documentation.

The Federal Reserve raised its benchmark policy rate by 25 basis points to 3.75%-4%, while the NSE IPO saw its subscription gather pace on Day 2.

For those leaving employment or moving to a new job, knowing when and how to use Form 10C can be important for accessing pension-related benefits or obtaining a scheme certificate.

The decision is expected to bring more than 51 lakh additional employees within the ambit of mandatory EPFO coverage, significantly expanding access to provident fund savings and pension protection under the Employees’ Pension Scheme (EPS).

A provident fund corpus could still grow even if no fresh contributions are made.

PF wage ceiling: The government may raise the EPF limit to Rs 25,000 from Rs 15,000. Here's how it could affect PF contributions and take-home salary.

For a 35-year-old, having Rs 25 lakh in savings or investments and a clear financial strategy would generally indicate a solid financial footing.

Small-cap mutual funds can offer strong long-term growth potential, but they also carry higher volatility and drawdown risks than large- and mid-cap funds.

A falling market may look worrying on your portfolio, but for regular SIP investors, the same monthly investment can buy significantly more mutual fund units at a lower NAV.

Can a Rs 10 lakh corpus grow into Rs 1 crore without any additional investment? Here's how time, returns and the power of compounding can make a difference.