The employee can save some tax by opting for the old regime if he can make tax-saving investments and has expenses of at least ₹4.84 lakh. Now, only ₹1.5 lakh worth of investments are allowed as tax deductions, while ₹3.35 lakh or more has to come from expenses like home loans, house rent allowance and … Read more
I am a 35-year old professional with a monthly income of ₹1.6 lakh and expenses of nearly ₹1 lakh. My wife is a homemaker and our son is 3 years old. I have close to ₹14 lakh in mutual funds right now. Is it possible to build a corpus of ₹3 crore in 10 years … Read more
I am an entrepreneur and engage in online transactions on a daily basis. I want to protect my data and secure my business. Does a cyber insurance policy help mitigate financial losses in case of any cyber attacks? —Name withheld on request In today’s digitally interconnected world, our reliance on online transactions for personal and … Read more
Indian oil refiners are on track to take the most American crude in almost a year after tighter enforcement of US sanctions crimped trade with Russia and forced processors to look elsewhere for supply. State-owned Bharat Petroleum Corp. and Indian Oil Corp., along with top private refiner Reliance Industries Ltd., have purchased about 7 million … Read more
Google parent Alphabet’s CEO Sundar Pichai is likely to be fired or will resign soon amid the Gemini debacle — as he should, believes Helios Capital founder Samir Arora. Replying to a user on social media site X (formerly Twitter), who asked for Arora’s opinion on the controversies surrounding Google worldwide released AI chatbot Gemini, … Read more