• Thu, January 9, 2025

by: Observer

An American Sovereign Wealth Fund Could Be the Missing Piece in Supporting Working Families

As sovereign wealth funds bloom from Singapore to Saudi Arabia, America watches from the sidelines. But the concept of a U.S. sovereign wealth fund could reshape our economy—fueling jobs, housing

by: Techopedia

Big Tech Stock Predictions for 2025: Winners & Losers

by: Reuters

China says flu cases show signs of easing, respiratory infections still rising

China's Center For Disease Control and Prevention (CDC) said on Thursday that while the rate of influenza virus in the country has shown signs of slowing, the overall cases of acute respiratory infectious diseases continued to rise.

by: CNET

Traveling This Winter? Here's How to Get TSA PreCheck for Free

If you want a higher tier travel credit card, you might consider a card that charges an annual fee that's lower than the credit it offers for TSA PreCheck, Global Entry or Nexus. While you technically won't be getting a membership for free, you could still save more than you would by buying the membership outright.

by: Kiplinger

California Fires: How to Recover Your Important Records

Having your tax records and other vital documents is important for claiming casualty loss deductions that can help with recovery.

by: AOL

Truist Securities Starts 4 Top Dividend-Paying Financials With Buy Ratings

Here are four Buy-rated financial stocks with the highest dividend yields that can boost investors' total return potential.

by: ABC

Los Angeles Mayor Karen Bass pushes back against criticism over management of wildfires

Los Angeles Mayor Karen Bass repeatedly dodged questions about her leadership and alleged lack of initial presence during the ongoing wildfires affecting the area.

by: cnbctv18

RenewBuy launches Smart Term Plan for working professionals and small business owners

In its first phase, RenewBuy has partnered with LIC, ICICI Prudential, and Digit Life to reach a broad consumer base, especially in underserved Tier 2-3 cities.

by: Forbes

2025 Trends In Retail, Franchising, And The Gig Economy

There's every reason to believe consumers will continue spending in 2025. Here are likely challenges and trends in retail, the gig economy, and franchising.

by: MSN

LA fires spotlight the home insurance industry amid climate change

MORE: How will the California wildfires shape the home insurance industry? "Insurance companies are looking out the window just like us, and seeing all these climate disasters.

by: Forbes

The Best Cities For Jobs In 2025

The best cities for jobs have low unemployment, high average household income and good quality of life. One state dominates with three of the top 10 cities.

by: MSN

Synchrony CDs Rates: Pros, Cons, and Current Rates

Discover Synchrony CD rates. We'll dive current Synchrony CD rates, the factors impacting them, and how they stack up to competitors.

by: AOL

When you will earn miles on a flight and when you won't

If you miss your flight, or even if the flight is canceled, then you won't receive any frequent flyer miles. And if for some reason you're able to board the aircraft without having your boarding pass scanned, then you won't receive mileage credit.

by: Reuters

Global alcohol firms demand $466 mln from Indian state in payments row, sources say

Global alcohol companies such as Diageo, Pernod Ricard and Carlsberg are demanding unpaid dues of about $466 million from India's Telangana state, where Heineken suspended supplies this week in an unprecedented move,

by: cnbctv18

Top Stories | TCS Q3 largely in-line, SIP inflows hit a new record, '90-hour work week' uproar and more

From TCS's Q3 results, SEBI's new default rule, and L&T's work week controversy to mutual fund inflows and the Tirupati tragedy, here are the top stories making headlines today in 'Top 10@10'.

by: Forbes

A Leader's Guide To Navigating Meta's Deregulation Announcement

Meta's recent decision to deregulate its platform raises serious concerns about trust, safety, and professionalism in the digital ecosystem for leaders.

by: MSN

Gemini Daily Horoscope Today (May 21- June 20), January 10, 2025: Your lifestyle will remain attractive!

Gemini Money Horoscope Today You will prioritize capital investments and budgeting. Business conditions will remain stable, and you will stay focused on your goals. Investment matters will gain momentum.

by: AOL

Higher egg prices may extend far into 2025, and egg producers like Cal-Maine could benefit

According to the latest USDA report from mid-December, US egg production is down 4% year over year, with 3% fewer egg-laying hens. Per Datasembly, eggs are at their highest price since January 2023.

by: cnbctv18

What are the different types of income that are taxable in India

Taxpayers are required to report the rental income they receive from a property or land. However, if they have taken a home loan for a property they are living in, then they can deduct the interest they are required to pay on the loan amount from their taxable income.

by: Reuters

Climate change shows 'claws' with rising costs for disasters, Munich Re says

Hurricanes, storms, floods and other natural disasters caused an estimated $140 billion in insured losses in 2024, up from 2023 and one of the costliest years on record, Munich Re said on Thursday.

by: Forbes

New CFPB Rule Keeps Medical Debt Off Credit Reports: What You Need to Know

Americans will no longer have to decide what's more important: Their health or their credit score. Finalized on January 7, a new rule from the Consumer Financial Protection Bureau (CFPB) prohibits cre

by: Reuters

Equinor extends Norway LNG outage by 10 days

Equinor has extended an ongoing outage at its Hammerfest LNG plant in Arctic northern Norway by 10 days to Jan. 19 as it continues to repair a failed compressor, the company said in a regulatory filing on Wednesday.

by: MSN

WSJ Crossword January 10 2025 Answers (1/10/25)

Our WSJ Crossword January 10, 2025 answers guide should help you finish today's crossword if you've found yourself stuck on a crossword clue. The Wall Street Journal Crossword is a well-known and respected puzzle that appeals to solvers looking for a challenging and thought-provoking experience.

by: Forbes

How AI Is Dialing Up Efficiency And Value In The Telecom Industry

AI is driving significant advancements in the telecommunications industry, improving network management, customer service, and operational efficiency.

by: MSN

"Did Private Equity Ruin Skiing?" Asks Finance Commentator

Commentators are discussing what the Park City ski patrol strike might say about the corporatization of skiing.

by: MSN

Libra Daily Horoscope Today (Sept 23- Oct 22), January 10, 2025: Maintain enthusiasm and morale!

Libra Money Horoscope Today The initial progress may be slow, but you will bring clarity to financial matters. Libra Career Horoscope Today Move forward with balance and harmony in your work and business.

by: MSN

German ex-finance minister pelted with shaving cream at campaign stop

Former German finance minister Christian Lindner was pelted with foam by a protester during a campaign appearance for his pro-business liberal Free Democrats (FDP) on Thursday. Lindner was hit in the face by what appeared to be a pie made from shaving foam,

by: MSN

How Walking Away From a $2.3 Million Job Led to Happiness and Fulfillment

It's a choice that few would make: leaving behind a seven-figure salary without a backup plan. Yet, for 44-year-old Khemaridh Hy, leaving a lucrative Wall Street career wasn't just a leap of faith - it was the start of a life filled with purpose and joy.

by: MSN

New Mountain CEO Klinsky: Private equity has gone from a 'form of finance' to a 'form of business'

Steve Klinsky, founder and CEO of New Mountain Capital, joins CNBC's 'Squawk Box' to discuss expectations for private equity this year, dealmaking, and more.

by: MSN

Scorpio Daily Horoscope Today (Oct 23- Nov 21), January 9, 2025: Enthusiasm will keep your morale high!

Scorpio Money Horoscope Today You will strengthen control over financial matters and remain vigilant in business dealings. Scorpio Career Horoscope Today You will emphasize diligence and move forward with wisdom and coordination.

by: MSN

Discover 2 Under-the-Radar Aerospace Stocks Set for 2025 Growth

The aerospace sector had a strong 2024, but 2025 may be even stronger with lower interest rates, fuel costs, and less regulation under Trump's Presidency. During the year, aerospace giant Boeing Co. (NYSE: BA) suffered a number of challenges that hurt its reputation,
  • Fri, January 10, 2025

by: Newsday

NYS expands free tax filing option to include residents making up to $200,000

Under the expansion, individuals who make up to $200,000, or joint filers who make up to $250,000, may be eligible to use the IRS' Direct File program.

by: Goodreturns

1:2 Stock Split of Auto Stock: 31st January Record Date; Top Pick For 2025?

Jbm Autos shares ended Fridays trading session 2.25% lower at Rs 1,460 a share, with a market capitalisation of Rs 17.26KCr, after the business announced the record date for a 1:2 stock split.

by: Kiplinger

TikTok Ban: U.S. Supreme Court to Make Key Decision on Free Speech

A potential nationwide TikTok ban could dramatically reshape social media for millions of content creators and users.

by: cnbctv18

What is self-assessment tax and how to pay online: A step-by-step guide

Self-assessment tax is usually paid before submitting the income tax return. The tax should be paid on or before the due date for filing the return, which is typically July 31 for individuals and September 30 for businesses,

by: Reuters

Oil settles up 1% as cold weather in US, Europe drives winter fuel demand

Oil prices rose more than 1% on Thursday as cold weather gripped parts of the United States and Europe, boosting winter fuel demand.

by: Reuters

BofA consumer investments surpass $500 billion as it eyes $1 trillion

Investments from Bank of America's retail consumers have swelled to more than $500 billion in assets this year, and the company aspires to cross $1 trillion in five years.

by: Reuters

Citi expects rally in global stocks to extend into 2025, sees 10% EPS growth

Citigroup said on Friday it was expecting a rally in global equities to extend into 2025, as falling interest rates and easing inflation could help prop up corporate earnings.

by: Reuters

Take Five: The week before next

Global markets face a choppy ride ahead of U.S. inauguration day on Jan. 20, with Britain and the U.S. releasing key inflation data, China publishing growth numbers while earnings on Wall Street and IPOs in Europe get underway.

by: Reuters

BlackRock seeks to push FDIC bank oversight deadline to March

BlackRock has asked the U.S. Federal Deposit Insurance Corporation to extend its deadline to reach an agreement on how the agency would oversee the giant asset manager's investments in FDIC-regulated banking organizations from Friday until March 31,

by: Reuters

Tesla launches revamped Model Y in China, seeking to fend off rivals

Tesla launched a revamped version of the Model Y, its best-selling car, in China on Friday, hoping that upgraded features such as heated seats and a better acoustics system will help it regain market share taken by rivals such as Xiaomi .

by: Reuters

UK discount retailer B&M narrows annual core profit forecast

British discount retailer B&M narrowed its annual adjusted core profit forecast on Thursday, following a 2.8% increase in revenue growth in the third quarter, as it focuses on volumes and competitive pricing.

by: Reuters

UK consumer confidence falters after Christmas splurge

Shares in Britain's Marks & Spencer and other retailers fell on Thursday, with 2 billion pounds ($2.45 billion) wiped off the sector, as concern about ebbing consumer confidence and economic weakness overshadowed healthy Christmas trading.

by: MSN

Gold Recession Looming - Fed Will Freak Out | Craig Hemke

Hemke warned of a looming recession, anticipating the Federal Reserve will be forced to aggressively cut interest rates.

by: MSN

Taurus Daily Horoscope Today (April 20- May 20), January 10, 2025: Simplicity will increase!

Taurus Money Horoscope Today Interest in commercial matters will increase. Career and business will remain favorable. Taurus Career Horoscope Today Your creative efforts will gain momentum. You will emphasize cooperation and work on tasks that are out of the ordinary.

by: MSN

Aries Daily Horoscope Today (Mar 21 - April 19), January 10, 2025: You will move ahead with ease!

You will show interest in property-related activities. Your wealth and resources will increase. Aries Career Horoscope Today. You will mov

by: MSN

AI agents are here. Here's how AI startup Cohere is deploying them for consultants and other businesses.

Cohere is trialing a new platform called North, which makes it easier for companies to deploy the hottest AI trend of the year: AI agents.

by: MSN

Pacific Palisades fire may spell an end to cheap homeowners insurance in California

By Andy Sullivan The Pacific Palisades area ravaged by wildfires in Los Angeles is one of the most expensive neighborhoods in the U.S., home to Hollywood A-Listers and multimillion dollar mansions. And ahead of this week's disaster,

What are the different types of income that are taxable in India

Taxpayers are required to report the rental income they receive from a property or land. However, if they have taken a home loan for a property they are living in, then they can deduct the interest they are required to pay on the loan amount from their taxable income.
The article from CNBC TV18 outlines the various types of income that are subject to taxation in India under the Income Tax Act of 1961. It categorizes income into five main heads: Income from Salary, which includes wages, pensions, and other employment benefits; Income from House Property, which pertains to rental income after deducting municipal taxes and standard deductions; Profits and Gains from Business or Profession, covering income from any business or professional activities; Capital Gains, which arise from the sale of capital assets like property or stocks, with different tax rates for short-term and long-term gains; and Income from Other Sources, which includes income not covered by the other heads like interest, dividends, lottery winnings, and gifts. The article also mentions that tax rates vary based on the income slab rates for individuals, Hindu Undivided Family (HUF), and other entities, and highlights the importance of understanding these categories for accurate tax filing and compliance.

Read the Full cnbctv18 Article at:
https://www.cnbctv18.com/personal-finance/different-types-of-income-that-are-taxable-in-india-19537402.htm

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