Personal Finance - Angel One - Page 121

Many aspiring investors dream of building a ₹10 crore corpus, but often face a practical dilemma: Should one invest a large sum upfront or commit to a monthly SIP? Both paths tap into the power of compounding, yet the mechanics and timeframes differ. The journey to that milestone depends on when and how the money …

The government has widely claimed that under the new tax regime for FY 2025-26, income up to ₹12.75 lakh will be completely tax-free. This figure has been cited in press releases, speeches, and news articles. However, a close look at the Finance Act, 2025 reveals something surprising — the actual tax-free limit is only ₹12.5 …

House Rent Allowance (HRA) is a component of a salaried employee’s income designed to provide tax relief if the individual resides in a rented house. Under Section 10(13A) of the Income Tax Act, a portion of HRA can be exempted from income tax, subject to certain conditions. Can You Claim HRA Without Paying Rent to …

The Union Budget 2025 has brought significant changes for luxury car enthusiasts in India by reducing the customs duty on imported cars from 125% to 70%. This shift makes high-end vehicles like Lamborghini more affordable for Indian buyers. Let’s take a closer look at how this new duty impacts the pricing of Lamborghini cars in …

Gold prices in Dubai change daily, influenced by global market trends, geopolitical developments, and currency fluctuations. Whether you’re looking to invest, buy jewellery, or simply stay updated, tracking these price movements can help you make smarter financial decisions. Here’s a look at today’s gold prices in Dubai.   Dubai Gold Rate Comparison: Today vs. Previous Session  …

The Income Tax Department has officially started the tax filing season for Financial Year (FY) 2024–25. For the Assessment Year (AY) 2025–26, different taxpayers have different deadlines to file their Income Tax Returns (ITR). Filing on time helps avoid penalties and ensures eligibility for refunds and financial benefits. ITR Filing Deadlines for FY 2024–25 1. …

The Employees’ Provident Fund Organisation (EPFO) introduced new rules on April 17 to make the pension claim process smoother, faster, and more digital. Here are five key updates every member should know: Easy Home-Improvement Claims Without Documents EPFO members can now take an advance from their PF account for home improvements under Para 68B (7) …

The Employees’ Provident Fund Organisation (EPFO) has entered the new year with a series of major reforms aimed at benefiting its crores of members. With a clear focus on convenience, digitization, and transparency, EPFO has introduced important changes that simplify processes like updating profiles, transferring PF when switching jobs, managing pensions, and more. Let’s understand …

Retirement age is an important aspect of any career, determining when an individual exits the workforce after years of service. For scientists employed in central government organisations in India, understanding the official retirement age is crucial for career planning and financial security. In this blog, we will take a closer look at the retirement age …

Filing Income Tax Returns (ITR) for FY 2024-25? We have got you. Often, the process of ITR filing can be overwhelming, especially if you are unfamiliar with the process. The Offline Utility tool provided by the Income Tax Department allows you to file your returns without an internet connection. This article serves as a step-by-step …