Income Tax Budget 2024: Now you can’t show rental income under ’gains of business’ head to evade tax. Why it matters

[ad_1] Your income from letting out of a house or part of your house will henceforth not be charged under the head ‘profits and gains of business or profession’. Instead, it will be chargeable only under the head ‘income from house property’. The government announced this change in tax regulation in the Union Budget 2024. …

Read More

HDFC Life achieves 99.50% claim settlement ratio; disburses ₹1,584 crore in claims for FY24

[ad_1] HDFC Life remains dedicated to its policyholders, maintaining a consistently high claim settlement ratio. Life insurance represents a lasting commitment, providing financial security for loved ones should the policyholder no longer be present. An essential gauge of a life insurer’s dependability lies in its capacity to swiftly and effectively settle legitimate claims. When selecting…

Read More

SBI launches Amrit Vrishti scheme; earn 7.25% interest on 444-day deposits

[ad_1] Despite the constant introduction of new investment opportunities each year, particularly by asset management companies (AMCs) launching new fund offers across different categories and themes, high-interest fixed deposits (FDs) remain a steadfast attraction for both young and old investors alike. The enduring appeal of FDs, despite their age-old concept, underscores how even the most…

Read More
Back To Top