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Aprajita Sharma A financial journalist and certified financial planner, Aprajita Sharma brings clarity and depth to the complex world of money. With over 12 years of experience across digital, print, and broadcast media, she has built a reputation for explaining personal finance in a way that is both practical and relatable.She is working with Mint…
For many small businesses and professionals, presumptive taxation offers an easier way to file income tax returns. Instead of maintaining detailed books of account and calculating actual profits, eligible taxpayers can declare income at prescribed rates and meet their tax obligations with fewer compliance requirements. But tax experts say the simplified scheme is not necessarily…
A sudden drop in your credit score can be alarming, particularly if you’ve never missed a loan EMI or credit card payment. While delayed repayments remain the biggest reason behind a lower score, they are not the only one. Incorrect reporting by a lender, unauthorised credit enquiries or even identity fraud can also affect your…
Tech shares pulled U.S. stocks lower on Monday after President Donald Trump announced that he would reinstate a blockade on Iranian ports, marking the latest escalation in U.S.-Iran hostilities. The move sent oil prices sharply higher and dampened overall risk appetite. Investors are now bracing for a packed week of earnings, economic data and congressional…
8th pay commission: Constituted every 10 years, pay commissions are expected to make decisions that significantly impact salaries of central government employees and pensioners, including railways and defence staff. As per usual timelines, the 8th pay commission is expected to announce its final recommendations within 18 months of being formed, by mid-2027. The move will…
The Income-Tax Department has enabled Excel Utility for the ITR-5 and ITR-7 forms for taxpayers on its e-filing portal for financial year 2025-26 (FY26) i.e. assessment year 2026-27 (AY27). Notably, availability of excel utility means that you can prepare your returns offline before uploading them digitally. The authority had earlier also released Excel Utility for…
Delhi Lakshmi Yojana: The Delhi government is set to soon launch its flagship financial aid programme for women beneficiaries in the state. Initially rolled out by the AAP-led government, the current Chief Minister Rekha Gupta-led BJP government has rebranded the scheme from Mahila Samriddhi to Delhi Lakshmi Yojana. The scheme will be implemented by the…
The National Stock Exchange‘s index services subsidiary, NSE Indices Limited, launched the Nifty500 Ahimsa Index, a new thematic index that tracks companies from the Nifty 500 universe whose business practices are aligned with the principles of “Ahimsa” or nonviolence. According to the exchange, the index is aimed at investors who want exposure to companies that…
SK Hynix’s US-listed shares fell nearly 8% in early trade on Monday, giving up part of Friday’s strong debut gains as investors booked profits after a sharp rally in AI-linked memory stocks. The South Korean chipmaker’s American Depositary Receipts dropped 7.9% to $154.7 in early trading. The fall came after the ADRs jumped more than…
SBI Funds Management has reduced the size of its IPO to Rs 9,813 crore from Rs 11,693 crore after raising about Rs 1,655 crore through a pre-IPO placement to 30 anchor investors. The issue will open for subscription on July 14 and close on July 16. The IPO is entirely an offer-for-sale (OFS) by State…