Rajeev Kumar

The issue: Salaried employees can claim a standard deduction of up to ₹75,000 under the new tax regime and up to ₹50,000 under the old regime. However, this amount does not reflect the realities of our times, particularly the rising cost of living due to inflation and different types of new-age expenses that employees have to incur during his/her employment.

SCSS allows senior citizens to claim tax deductions against the invested amount under section 80C, but the income earned from such investment is not tax-free. However, they can claim a tax deduction for interest income up to ₹50,000.

Affordable housing has struggled in the post-pandemic years. The sales share of affordable housing fell to 18% in 2024 from over 38% in 2019, according to Anarock data. Further, its share of total housing supply in the top seven cities dropped to 16% in 2024 from nearly 40% in 2019

Whenever a Malayali comes across the soft, romantic, and beautiful yet masculine voice of P.

Most salaried individuals purchase their homes through loans. The interest paid on these loans is generally higher than the rental income, resulting in a net loss from house property. Not allowing interest deduction for self-occupied property has adversely affected salaried persons who have borrowed money to acquire a house, ICAI says.

While photons and gravitons do not interact significantly, photons can be converted to gravitons in a background magnetic field—a phenomenon known as the Gertsenshtein effect. In this paper, we investigate whether chiral electromagnetic waves can be converted to chiral gravitational waves (GW) in the presence of primordial magnetic fields during the radiation-dominated epoch of the early Universe. We consider two situations wherein chirality is either present in the propagating electromagnetic waves or it exists in the background magnetic field. Our analysis shows that while the conversion probability increases with stronger magnetic fields, it remains insensitive to the chiral nature of the background magnetic field. Consequently, the net chirality parameter is independent of the chirality of the background field in both cases. Finally, we demonstrate that the present-day energy density of the produced chiral GWs peaks at a frequency of, and the corresponding characteristic strain can be sensitive to current and future missions designed to detect high-frequency GWs.

SEBI says that an investor can declare up to 10 persons as nominees in the demat account or mutual fund folio. However, the investor will need to declare the nominee. It cannot be done by the Power of Attorney (PoA) holder(s) of the investor.

Section 10 (12B) of the Income-tax Act 1961 allows tax exemption on partial withdrawals from National Pension System (NPS) account by employees when the amount is not more than 25% of their own contribution. However, this facility is not available to non-employee subscribers.

In personal finance, merely having a goal is not enough. It is equally important to save and invest in the right way to achieve those goals. In this context, investing in equity mutual funds through a systematic investment plan (SIP) is considered one of the most hassle-free ways to reach a financial goal.

Since introducing the new tax regime in Budget 2020, the finance minister has announced subsequent measures to make it more attractive. However, the FM has announced minimal changes under the old tax regime in the last four years. In the run-up to Budget 2025, experts and industry bodies are expecting the government to further revise income tax slabs and rates under the new regime to provide relief to salaried taxpayers.