• Thu, January 2, 2025

by: Goodreturns

Good News For Taxpayers! Now, You Can Claim Tax Rebate Under Section 87A; Eligibility, Benefits, How To Claim?

The decision comes after the Bombay High Court directed the IT department to extend the due date for claiming the benefit. Taxpayers can claim their rebate in section 87A by filing of belated or revised income tax return.

by: KOSU

Agriculture economy enters 2025 with weak forecast

An Ag Finance Update from the Federal Reserve Bank of Kansas City shows farm income and loan repayment rates weakened in the third quarter.

by: privatebankerinternational

What about AI and private banking in 2025?

Artificial intelligence, AI, was a big topic for private banking and wealth management in 2024 and into 2025. This shows no sign of changing as the technology evolves and brings greater value to both clients and institutions. So what comes next? And will AI hit its private banking ceiling in 2025? PBI asks the experts

by: Forbes

Alternative Investments: Expanding Your Portfolio Beyond Traditional Assets

Options exist for investors expanding beyond traditional assets. Each must be considered through the lens of risk tolerance, time horizons and overall investing goals.

by: Tuko

List of 7 Multi-Billion Business Deals President Ruto Inked in 2024

William Ruto's administration reached multi-billion shilling agreements in the year ending December 2024, including the construction of Nairobi-Mombasa Expressway

by: Upstream

Oil majors revamp refineries as renewable fuels demand expected to recover in 2025

by: Fortune

How to become a financial advisor: 4 steps to a life-long career

AI fears are not impacting the need for financial advisors, a career that can easily earn over $100k.

by: WHKY

New Laws In Effect In North Carolina

With the arrival of the new year, there are some changes in the laws and policies that govern the state. From tax updates to shifts in liability insurance and

by: AOL

Turo explainer: The car-rental app used in the Las Vegas, New Orleans attacks

What is Turo, the peer-to-peer car rental app used in the deadly Las Vegas and New Orleans attacks? Yahoo Finance explains.

by: Law

Deal Watch: Latham, Paul Weiss, Debevoise Land on Year-End Big Deals. Plus, Mixed Messages for 2025 M&A

Latham landed on several of the biggest deals in the last half of December, while Paul Weiss and Debevoise steered a megadeal.

by: Reuters

India's NBFC body urges government to create liquidity facility for priority sector lending

An industry body for India's non-banking finance companies (NBFCs) has asked the government to create a refinance or liquidity facility to boost lending to priority sectors such as agriculture, medium and small enterprises,

by: MSN

Stocks to Watch: IRFC, RITES, Avenue Supermarts, Hero MotoCorp, NHPC, and more

Here's a quick look at stocks likely to be in focus in today's trade. IRFC: Indian Railway Finance Corporation Ltd (IRFC) has signed a Memorandum of Understanding (MoU) with Railway Energy Management Company Ltd (REMCL),

by: Indiatimes

Sensex Today | Stock Market LIVE Updates: Sensex drops 100 points, Nifty tests 24,200; DMart soars 10%, Hero Moto sheds 3%

Stock Market LIVE Updates | Indian markets rose on Thursday, marking the second consecutive day of gains in the new year. The Nifty index saw a significant 2% increase, its biggest gain since late November.

by: MSN

DepEd seeks tighter links with DBM, DOF to increase funding

The Department of Education (DepEd) assured Thursday that it has been exploring collaborative measures with the Department of Budget and Management (DBM) and the Department of Finance (DOF) in a bid to address funding gaps in the agency's basic education programs.

by: Indiatimes

Sensex Today | Stock Market LIVE Updates: GIFT Nifty signals a negative start; Asian shares trade higher

Stock Market LIVE Updates | Indian markets rose on Thursday, marking the second consecutive day of gains in the new year. The Nifty index saw a significant 2% increase, its biggest gain since late November.

by: AOL

5 tech CFOs predict how AI will shape finance

How do you think AI will continue to shape finance in 2025? Let's dive right into Scott Herren, EVP and CFO at Cisco In 2025, we expect AI to significantly impact finance, with advancements in intelligent monitoring,

by: Reuters

SoFi shares fall after KBW downgrade on valuation concerns

Personal finance app SoFi Technologies' shares fell as much as 7% on Thursday, after analysts at KBW downgraded the stock to "underperform" on concerns over its lofty valuation and ambitious financial targets.

by: MSN

Experts fear last-minute corporate tax law could have unintended, costly consequences

The so-called 'trapped profits bill' that took effect on Jan. 1 aims to curb tax avoidance amid expensive war, but some worry it'll be hard to implement and discourage investment The post Experts fear last-minute corporate tax law could have unintended,

by: MSN

Ethics report details allegations of campaign violations by Florida Rep. Cherfilus-McCormick

A report containing findings by the Office of Congressional Ethics, released Thursday, provides details of multiple campaign transactions and official government office activities by U.S. Rep. Sheila Cherfilus-McCormick that investigators said may have violated House rules and federal law.

by: MSN

Tariffs, Musk, and borders: Policy uncertainties of the incoming Trump admin

The biggest question marks for the 2025 outlook involve how the incoming Trump administration's policy agenda will reverberate through the U.S. and global economies. Why it matters: The incoming administration has big plans in areas including trade policy,

by: MSN

Ethics report details allegations of campaign violations by Cherfilus-McCormick

A report containing findings by the Office of Congressional Ethics, released Thursday, provides details of multiple campaign transactions and official government office activities by U.S. Rep. Sheila Cherfilus-McCormick that investigators said may have violated House rules and federal law.

by: MSN

Western Markets Losing Their Grip On Gold & Silver | Peter Grandich

Precious metals expert Peter Grandich warns of Western markets losing their grip on gold and silver, with Asia emerging as the dominant force.

by: MSN

IBM Faces UK Watchdog Scrutiny for HashiCorp Buyout: Trouble Brewing?

International Business Machines Corporation IBM has welcomed 2025 with an apparent glitch in its effort to develop a comprehensive suite of modernized cloud security and compliance solutions with the proposed acquisition of HashiCorp Inc.

by: MSN

Camposol makes interim CEO Ricardo Naranjo permanent chief executive

Peru-based fresh-produce giant Camposol has named its current interim CEO Ricardo Naranjo as the permanent head of the company. Naranjo has been interim chief executive since June when former CEO José Antonio Gómez resigned.

by: MSN

Data Reveals Abrupt Shift in Consumer Sentiment Toward Personal Finance After Trump Win

Data points to an abrupt shift in the sentiment and priorities of Americans when it comes to their personal finances since the outcome of the 2024 presidential election became clear. Demand for professional financial advice has increased,

by: MSN

Northern Territory's only commercial bait business battles to stay afloat

Buying bait that has been imported from interstate or overseas is now common in the NT after the Territory's only commercial bait business hit trouble.

by: MSN

Here's how far a middle-class salary goes in Austin

Outside of East and West coast cities, only Denver rivals Austin's cost of living in a new study by GoBankingRates that looked to see how far such salaries go in the largest U.S

by: MSN

Market Open: January 2, 2025

Scammers are using a multi-step process to gain the trust of elderly individuals before demanding large sums of money. Protect yourself and your loved ones from this devastating fraud.

by: MSN

12 Financial New Year's Resolutions for 2025

Key Takeaways - 12 Financial New Year's Resolutions for 2024 It's 2025, and if you haven't tried to whip your finances into shape lately, this month is always a good time to start. You don't have to think of these financial goals as resolutions - more like a reboot to your yearly financial to-do list.

by: MSN

Why Canadian journalists are entering politics at a rapid rate

The latest thing in politics is that more and more candidates are rising out of journalism, public relations and entertainment. And it's not only incoming U.S. president Donald Trump, the star of The Apprentice TV series,

by: MSN

"Not about free speech" - Kevin O'Leary's plan to buy TikTok explored

Kevin O'Leary, Shark Tank's "wonderful" investor, has revealed his plan to purchase TikTok's US operations in an extraordinary move consistent with his business approach and risk-taking personality.

by: MSN

India's economic outlook for 2025: Navigating slowdown, structural challenges and global uncertainty

The Reserve Bank of India (RBI) faces its own set of challenges. With inflationary pressures and a fragile rupee, there is little room for significant interest rate cuts. The RBI is caught in a delicate balancing act,

by: MSN

Top Stocks To Watch Out For January 2: M&M, South Indian Bank, Tata Motors & Others In Focus

The Nifty opened flattish and after the initial drop to 23,550 levels, it witnessed a pullback move of 260 points. The index has been consolidating within a band from the last seven trading sessions.

by: MSN

Private social clubs in Palm Beach County offer a place for business and fun

The way people socialize and network with each other is yet another ripple effect of the migration of wealth to greater Palm Beach County since the pandemic.

by: MSN

Four coins to watch in January 2025 that could outperform Ethereum (ETH) and Tron (TRX)

As 2025 unfolds, the cryptocurrency niche is abuzz about the forthcoming big players. Although Tron TRX and Ethereum ETH remain impressive, a new breed of altcoins is promising even better rewards. Some of such new projects are Rexas Finance RXS,
  • Fri, January 3, 2025

by: Mint

Davin Sons Retail IPO Day 2: Subscription status, GMP, price band and other details about SME issue

The Davin Sons Retail IPO opened on January 2 and closes on January 6. The company plans to raise over 8 crore via the issue and use the funds for capital expenditure and working capital.

by: voguebusiness

Cut From AnOther Cloth: Dhruva Chandramouli and Jenny Chim

Jenny Chim is a multi-faceted and experienced tailoring consultant of Chinese descent. Dhruva Chandramouli is a British Indian tailoring adviser. They both work at JP Hackett on 14 Savile Row.

by: Reuters

India's Kotak Mahindra Bank's Milind Nagnur steps down as COO, CTO

Kotak Mahindra Bank's Milind Nagnur resigned from his positions as chief operating officer and chief technology officer, effective Feb. 15, due to personal reasons, the Indian private lender said on Friday.

by: cnbctv18

GST in Transition: A look back at 2024 and what's ahead in 2025

With new regulations and potential adjustments on the horizon, 2025 promises to be another year of growth, reform, and modernization in India's GST journey, writes Nangia & Co LLP's Rakesh Nangia and Sivakumar Ramjee.

by: AOL

These 5 Artificial Intelligence (AI) Stocks Make Up 28.8% of the Entire S&P 500 Index

The S&P 500 (SNPINDEX: ^GSPC) is home to 500 companies from 11 different sectors of the economy, making it the most diversified of the major U.S. stock market indexes. The S&P 500 delivered a return of 25% during 2024,

by: AOL

Are airline credit cards worth it? Yes, but there's one big catch.

We'll show you how to unlock the hidden potential of airline credit cards while avoiding common pitfalls that can drain your wallet.

by: Forbes

Redefining Value And Innovation In A New Era Of Relationship Capital

The delicate relationships between procurement teams, marketing teams and third-party advertising agencies should be set up properly to deliver top organizational value.

by: Forbes

10 Must-Read Tech Books Of 2024

The past year was a transformative one in technology. Many tech books published in 2024 offer key insights in the latest innovations. Here are 10 to add to your list.

by: MSN

A $20 Billion Fund Puts Its Religious Stamp on Corporate America

Faith-based investors are attracting more money and flexing their shareholder muscles for conservative causes.

by: MSN

Big Banks Flee Climate Coalition Formed to Reduce Carbon Emissions

Morgan Stanley, Citigroup and Bank of America this week withdrew from an ambitious pandemic-era climate coalition designed to help drive a shift to reduce carbon emissions by businesses. That followed withdrawals over the past month by Wells Fargo and Goldman Sachs from the United Nations-backed coalition,

by: MSN

Bajaj Housing shares may dive 21%, believes Kotak Equities. Initiates coverage with Rs 100 target

Kotak Institutional Equities has initiated a "sell" rating on Bajaj Housing Finance, citing expensive valuations and a potential 21% downside risk. The brokerage expects 25% earnings growth over FY2024-27E but projects flat margins and moderate RoE.

by: MSN

Best Reverse Mortgage Companies of 2025

by: MSN

Charles Schwab Bank Review

Charles Schwab Bank offers unlimited ATM fee reimbursements worldwide, and there are no penalties for using your debit card abroad. Start saving today.

Good News For Taxpayers! Now, You Can Claim Tax Rebate Under Section 87A; Eligibility, Benefits, How To Claim?

The decision comes after the Bombay High Court directed the IT department to extend the due date for claiming the benefit. Taxpayers can claim their rebate in section 87A by filing of belated or revised income tax return.
The article from Goodreturns discusses the benefits of Section 87A of the Income Tax Act in India, which provides a tax rebate for individuals with an annual income up to Rs 5 lakh. This section allows eligible taxpayers to claim a rebate of up to Rs 12,500, effectively reducing their tax liability to zero if their total income does not exceed the specified limit. To be eligible, one must be a resident individual with a taxable income within the threshold. The article outlines how this rebate can be claimed by filing an Income Tax Return (ITR) and selecting the appropriate tax regime, either the old or new tax regime, where the new regime automatically applies the rebate if conditions are met. It also mentions that this rebate is not available for Hindu Undivided Family (HUF), Association of Persons (AOP), or Body of Individuals (BOI). The piece emphasizes the importance of understanding one's tax slab and the potential benefits of this section in reducing tax burdens for lower and middle-income groups.

Read the Full Goodreturns Article at:
https://www.goodreturns.in/personal-finance/good-news-for-taxpayers-you-can-claim-tax-rebate-under-section-87a-eligibility-benefits-how-to-claim-1397147.html

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