[ad_1] As the new financial year, FY 2025-26, begins on April 1, 2025, several key changes in the income tax laws take effect. These updates could impact your tax liability, deductions, and the way taxes are deducted from various income sources. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio […]
Budget 2025: How new TCS rates will affect your foreign travel and remittances – CNBC TV18
[ad_1] The Union Budget 2025 has raised the threshold for tax collected at source (TCS) on remittances under the Liberalised Remittance Scheme (LRS). The limit has increased from ₹7 lakh to ₹10 lakh. This change will affect those sending money abroad for travel, education, and other expenses. How this affects foreign travel If your international […]
From new surrender value rules to reduced TDS rates: How your life insurance policies change starting today – CNBC TV18
[ad_1] As of today, October 1, life insurance policyholders in India will get advantages due to new regulations regarding surrender values and Tax Deducted at Source (TDS). These changes aim to enhance financial security for policyholders. The Insurance Regulatory and Development Authority of India (IRDAI) has announced new regulations mandating higher surrender values for endowment […]