Hike in TDS threshold in Budget 2025: How TDS is calculated on fixed deposits?
In the Budget 2025, FM Nirmala Sitharaman announced a new TDS compliance threshold for individuals, senior citizens, and ...
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ITAT Mumbai Allows 80P(2)(d) Deduction on Co-op Bank Interest to Co-op societies
ITAT Mumbai allowed the deduction under Section 80P(2)(d) of the Income Tax Act, 1961, for interest income earned by Sai Ankur Cooperative Housing Society Ltd. from fixed deposits with Apna Sahakari ...
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Post Office Investment Plan: Earn ₹5,500 Monthly with Secure Returns
Post Office Schemes Offer Stable Investment Options The post office provides various investment options catering to all, ...
Income-Tax Bill 2025: How provisions, sections for senior citizens have been covered under the new bill
In accordance with section 153 of the Income-Tax Bill 2025, senior citizens are eligible to claim a tax deduction of Rs ...
Ameriprise Financial: Strong Asset Growth and Client Cash Revenue Expected Ahead; Valuation Intact
The company’s diversification across wealth management, asset management, and insurance muddies the company’s financials, and investors might discount the company’s valuation because of this.
Can Robert and Kristel, both turning 65, afford to spend more and still help their kids buy a home?
Robert, a do-it-yourself investor, wonders if his strategy of living mainly on dividend income is sustainable. “My wife and I ...
Tax Guru1d
Section 69C Addition of ₹6.80 crore for Bogus Purchase: ITAT Upholds Deletion
Regarding the Section 69C addition, the AO had deemed the purchase of fixed assets worth ₹6.80 crore as bogus due to inadequate documentary evidence. However, during the appellate proceedings, the ...
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Surrenders expected to rise at Corebridge, new RILA already selling strong
Corebridge reported a strong fourth quarter 2024, with net income of $2.2 billion compared to a loss of $1.3 billion in the year-ago quarter.
Higher for Longer Rate Environment Should Benefit MetLife: Increasing Fair Value Estimate
The MetLife Holdings segment consists of products that are no longer actively sold in the US and profits from this segment should continue to decrease. The firm also operates with strong market ...
7 High-Return, Low-Risk Investments for Retirees
Protecting your money is as important as growing it. That doesn't sound particularly exciting, but for investors approaching retirement, capital preservation becomes increasingly important.