The Income-Tax Department has introduced an upgraded version of its TRACES (TDS Reconciliation Analysis and Correction Enabling System) portal, aiming to streamline tax compliance through a unified digital platform. The rollout coincides with the implementation of the new Income-Tax Act, 2025, which came into effect on April 1. The move reflects a broader push towards…
Gold and silver prices declined in international markets on Monday (April 13), pressured by a firmer US dollar and rising bond yields as escalating geopolitical tensions lifted oil prices and clouded the inflation outlook. COMEX gold futures fell 1.1% to $4,734.60 per ounce in the latest trade. Silver futures dropped 2.63% to $74.47 per ounce,…
The rollout of the Income Tax Act 2025 with the start of FY27 promises to make India’s tax framework significantly simpler, but the transition phase could create confusion and added compliance for taxpayers, according to Sunil Badala of KPMG in India. Speaking to CNBC-TV18, Badala said the new law does not alter the fundamentals of…
The mutual fund industry saw systematic investment plan (SIP) stoppages outpace fresh registrations in March 2026, even as inflows hit a record high—marking the first such instance in 11 months. The average stoppage ratio between May 2025 and February 2026 stood at around 75%. The trend comes amid heightened global and domestic market volatility, driven…
Combining quality and momentum investing styles can help investors navigate different phases of market cycles and build more resilient portfolios, according to Abhishek Das, Chief Investment Officer, Pramerica Life. He said quality investing — focused on companies with strong balance sheets, steady earnings, and high return ratios — tends to provide stability during market stress,…
Luxury housing in India is being viewed by high-net-worth individuals (HNIs) as a structured asset class rather than just a consumption-driven purchase, according to Aakash Ohri, MD & CBO, DLF. He said demand in the segment is supported by long-term factors such as wealth preservation, portfolio diversification and evolving lifestyle preferences, with younger HNIs also…
Taxpayers often look for ways to reduce taxable income using available exemptions and deductions under Indian tax laws. These provisions can help lower overall tax liability through specified investments and expenses. Most of these benefits are available under the old tax regime. In the new tax regime, income up to ₹12.75 lakh is effectively tax-free…
Demand for term insurance among non-resident Indians (NRIs) purchasing policies from India has doubled over the past two years, with younger buyers driving much of the growth, according to data from Policybazaar.com. The platform reported a 35% month-on-month (MoM) rise in term insurance purchases following recent geopolitical tensions in West Asia, highlighting increased focus on…
Debt mutual funds witnessed sharp outflows in March 2026, marking a steep reversal from the previous month as institutional and treasury-related redemptions intensified toward the financial year-end. According to AMFI data, debt mutual funds saw net outflows of ₹2.94 lakh crore during March, compared with inflows of ₹42,106 crore in February. The reversal was largely…
Gold and silver prices on the Multi Commodity Exchange (MCX) traded lower on Friday (April 10), tracking weak international cues and a firm dollar, even as broader fundamentals continue to support a longer-term bullish outlook for precious metals amid rate-cut expectations and geopolitical uncertainty. On MCX, gold futures declined 0.51% to ₹1.52 lakh per 10…
