HRA claims are under increased scrutiny, with tax officers rejecting claims lacking a clear money trail or appearing dubious. Even with proper documentation like rent receipts, claims can be disallowed if rent is paid to close family me ...more

Hardeep Puri, India's Petroleum Minister, asserts that India's continued Russian oil imports have stabilized global energy prices. Discontinuing this trade would have caused prices to surge past $120 per barrel. Despite Western restrict ...more

US long-term mortgage rates experienced a slight increase this week, reversing a five-week trend of declining borrowing costs, with the 30-year fixed rate rising to 6.72%. Despite recent fluctuations and a brief dip in April, economists ...more

After the bank’s disclosure, a Bench of Justices Revati Mohite Dere and Neela Gokhale disposed of the petition filed by Mr. Ambani challenging the bank’s order, saying nothing survives in it.

RBI Governor Sanjay Malhotra briefed the Parliamentary Committee on Finance, highlighting the Indian economy's resilience amidst global challenges. He addressed concerns about the status of Rs 2,000 notes, clarifying they remain legal t ...more

With recent FD rate reductions, opportunities remain in special 444-day deposit schemes. Several banks, including ESAF Small Finance Bank, offer competitive rates, reaching up to 8.10% for senior citizens. These schemes provide a chance ...more