Trump’s “Golden Dome” Missile Shield: A $175 Billion Vision with Global Ambitions US President Donald Trump is pushing forward with his ambitious “$175 billion Golden Dome” missile defense project, aiming to establish a vast satellite-based shield against threats from nations like China and Russia. Announced in May, the initiative is now formally launching its procurement … Read more
New US Tax Could Impact Money Transfers to India Good news for NRIs sending money home: a proposed 3.5% excise tax on remittances from the US is currently under deliberation. If enacted, this tax could make sending money to India more expensive. This tax, part of the “One Big Beautiful Bill” that has passed the … Read more
For salaried employees across India, Form 16 is a crucial document for filing income tax returns (ITR). Here’s a quick guide on why it’s so important, when you can expect to receive it, and what key details it contains. What is Form 16? Simply put, Form 16 is a TDS (Tax Deducted at Source) certificate … Read more
RBI Likely to Cut Repo Rate to 5.75% as MPC Meeting Kicks Off Jaipur, Rajasthan, India – The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) is meeting from June 4-6, and financial experts widely anticipate another cut in the repo rate. This would be the third consecutive reduction, potentially bringing the key interest … Read more
Japan’s 10-year bond sale brought some much-needed relief today, showing strong demand and pushing yields lower. This positive outcome comes just ahead of a crucial 30-year bond auction on Thursday, which will truly test investor appetite for longer-term debt. Globally, confidence in long-maturity bonds has been shaky due to massive budget deficits. In Japan, the … Read more
It’s ITR filing season again! For the financial year 2024-25 (Assessment Year 2025-26), the Income Tax Department has already rolled out Excel Utilities, and people are starting to file. While online filing is still getting ready, if you’re a salaried individual, it’s generally best to wait for your Form 16. With more and more people … Read more
Securing a loan or credit card in India is increasingly tied to one crucial number: your credit score. As financial institutions tighten their lending norms, understanding and maintaining a strong credit profile has never been more important. Simply put, your credit score is a three-digit number that tells lenders how creditworthy you are. In India, … Read more
Don’t Panic! How to Quickly Resolve a Credit Card Dispute Credit cards are essential in our increasingly digital world, but they’re not without risks. Have you ever checked your statement and found multiple charges, unauthorized transactions, or billing errors? It happens! When it does, knowing how to quickly and efficiently dispute these charges is crucial … Read more
MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES)NOTIFICATIONNew Delhi, the 24th February, 2025No. 17/2025G.S.R. 145(E).—In exercise of the powers conferred by sub-section (1A) ofsection 115AD, sub-section (4) of section 115TCA, sub-section (4) of section 115UA andsub-section (7) of section 115UB read with section 295 of the Income-tax Act, 1961 (43 of1961), the Central Board … Read more
MINISTRY OF HOME AFFAIRSNOTIFICATIONNew Delhi, the 3rd June, 2025S.O. 2467(E).— In exercise of the powers conferred by sub-section (2) of section 1 of the LadakhAutonomous Hill Development Councils (Amendment) Regulation, 2025, the Central Government herebyappoints the 3rdday of June, 2025, as the date on which the provisions of the said Regulation shall comeinto force.[F. No. … Read more
