Fed policy –Observations by the editorial BusinessLine [1] Inflation in US hovering around 4% vis a vis long term target of 2% [2] Treasury yields hardening and dollar index strengthing above 100 [3] Rate cutting cycle is complete and rates could harden going forward [4] ECB increased its policy rate by 25 basis points [5] BoJ raised rates to 31 year high of 1% [6] Interest rates spread between Indian government bonds and sovereign bonds of other countries is set to narrow further.[7] If the rupee is impacted  negatively due to these narrowing spreads, the RBI may have to act —

Customer wins Rs 15,000 compensation after restaurant collects Rs 151 service charge as ‘staff contribution’; Consumer Commission order

Read more at:https://economictimes.indiatimes.com/wealth/legal/will/man-wins-rs-15000-compensation-after-restaurant-collects-rs-151-service-charge-as-staff-contribution-consumer-commission-order/articleshow/131820427.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst When Advocate Sanjeev Duggal from Hadiabad, Phagwara went to a well known restaurant in Civil Lines, Jalandhar on November 8, 2023 to

TDS Challan correction for Income Tax Act, 2025 needs to be done using the old TRACES portal; Here’s how to do it

Read more at:https://economictimes.indiatimes.com/wealth/tax/tds-challan-correction-for-income-tax-act-2025-needs-to-be-done-using-the-old-traces-portal-heres-how-to-do-it/articleshow/131818482.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Synopsis Taxpayers must correct TDS challans for Tax Year 2026-27 on the old TRACES portal. This is crucial if the challan was

Do you need to file ITR if you only incurred losses from equities or mutual funds? Check the details

Read more at:https://economictimes.indiatimes.com/wealth/tax/do-you-need-to-file-itr-if-you-only-incurred-losses-from-equities-or-mutual-funds-check-the-details/articleshow/131733156.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst The basic exemption limit is Rs 2.5 lakh under the old tax regime and Rs 4 lakh under the new tax regime

New tax regime: 7 ways for salaried employees to reduce their tax liability while filing ITR for FY 2025-26

Read more at:https://economictimes.indiatimes.com/wealth/tax/new-tax-regime-7-ways-for-salaried-employees-to-reduce-their-tax-liability-while-filing-itr-for-fy-2025-26/articleshow/131784491.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Many taxpayers assume that the new tax regime offers no scope for tax savings. But several deductions, exemptions, and employer-provided benefits are

Paying rent but not receiving HRA? Here’s how non-salaried individuals can claim tax deduction

Read more at:https://economictimes.indiatimes.com/wealth/tax/paying-rent-but-not-receiving-hra-heres-how-non-salaried-individuals-can-claim-tax-deduction/articleshow/131822659.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Several non-salaried individuals, such as self-employed professionals, freelancers, and business owners who pay substantial rent every month, often question whether they can

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