How is Cost Inflation Index used in Income Tax? Long term capital assets are recorded at cost price in books. Despite increasing inflation, they exist at the cost price and cannot be revalued. When ...

PIMCO Income Strategy Fund's high yield of 11.45% and its recent performance in the changing bond market landscape.

RBI Governor Sanjay Malhotra said on Friday that the tax relief announced in the budget would not have any major impact on inflation and would only help in India's growth. The comments come after ...

The 30% tax slab applies to those earning above Rs 24,00,000. The income tax calculator allows an individual to compare the income tax liability in two financial years. Currently, the income tax ...

Opposition parties criticized the Union government on rising income inequality amid inflation and joblessness during the Union Budget 2025-26 discussion. They pointed out issues such as stagnant ...

He speaks about the new tax regime, complex provisions that exist in the law and his expectations from the new Income Tax Law which will be introduced in the Parliament soon. He lauds Budget 2025 ...

Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and benefits available to you to reduce your ...

MPC voted unanimously to cut repo rate by 25 bps to 6.25%. MPC voted unanimously to maintain 'neutral' policy stance *Average inflation lower since flexible inflation targeting adopted.

Ed Conway analysis on GDP figures that show surprise growth in the UK economy; we hear about the rise of unequal inheritance and what disgruntled children can do about it; and Ryanair is scrapping ...

Wholesale inflation in the country stood at 2.31 per cent in January, easing from 2.37 per cent the previous month, according ...

This index is primarily used to determine current inflation and predict how prices ... federal pensions and the federal income tax structure. The FOMC decides if and when to change the federal ...

Less: Exemptions on Salary income (other than HRA) which are not allowed under New Regime (e.g. Leave travel allowance, Education allowance, Hostel allowance etc.) Less: Exemptions on Salary ...