PLANS

ITR filing FY23-24: Want to reduce tax outgo? Know which deductions you can claim in old and new tax regime

Income tax return: While filing ITR you can claim certain tax deductions to reduce your total income tax outgo and increase the tax refund amount. According to CA Shreya Jaisal, "You can still claim additional deductions in your ITR even if they are not appearing in your Form 16, provided you have legitimate proof for it."

Shriram Life Insurance launches Deferred Annuity Plan

Shriram Life's Deferred Annuity Plan, starting at Rs 60,000 annually for ages 40-75, offers a 5-10 year deferment period before annuity payments commence. Providing a Return of Purchase Price, it ensures financial independence, particularly for entrepreneurs not under social security. Premium is refunded upon terminal illness or death, stated MD and CEO Casparus J H Kromhout.

Tesla unlikely to move forward with India investment, Musk's execs cease contact: Report

Tesla Inc. is unlikely to pursue new investments in India in the near future, sources familiar with the matter said. Following Elon Musk's postponed visit and lack of further communication, Indian officials believe Tesla faces financial constraints. India now focuses on local automakers like Tata Motors and Mahindra & Mahindra to boost its nascent EV market.

Reliance Jio & Airtel roll out new mobile tariffs. Here's the updated list of prepaid plans with prices & validity

Industry giants, Reliance Jio and Airtel, lead the charge with revamped tariffs, ensuring access to cutting-edge 5G services. The adjustments aim to align pricing with enhanced network offerings, setting a new standard in the competitive telecom landscape.

The Dalai Lama may soon reveal his succession plan, and it’ll have geopolitical ramifications

What if the next Dalai Lama is found among Tibetan immigrants living in a place China does not control? That would give an entirely new twist to the Tibetan movement, causing political problems for the Chinese leadership

Barcelona trip on mind? Be prepared to pay higher tourism tax

Barcelona plans to increase its tourist tax to €4 per night from the current €3.25 starting October 2024, aiming to generate €20 million more annually, reports Schengen Visa News. The tax varies by accommodation type: €1.70 for four-star hotels, €2.25 for Airbnb rentals, and €3.50 for luxury hotels. Cruise passengers staying less than 12 hours pay €3, while longer stays incur a €2 fee.

Sebi's levy order likely to erode Rs 2,000 crore from discount brokers' income, hit client base

Several brokerage companies, including IIFL Securities and Motilal Oswal Financial Services, saw share declines of 3% to 7% due to the regulatory order affecting brokerages, potentially leading to adjustments in zero-payment plans or increased rates.

BJP plans to field Muslim candidate in UP's assembly bypoll for the first time ever

The BJP is planning to nominate a Muslim candidate for the Kundarki assembly bypoll. Besides Kundarki, bypolls are also due on Karhal, Katehari, Milkipur, Khair, Sisamau, Phulpur, Majahwan, Ghaziabad and Meerapur. Of the 10 bypoll-bound seats, BJP had won Khair, Phulpur and Ghaziabad while SP had won five - Katehari, Karhal, Milkipur, Sisamau and Kundarki. Meerapur and Majahwan were won by BJP allies, RLD and NISHAD party, respectively.

NHAI activates flood plan after IMD forecast

NHAI's proactive flood plan, joint inspections, and resource availability ensure effective disaster preparedness amid above-normal monsoon forecasts. Collaboration with district administration and constant monitoring safeguard lives and national highways.

Coal Ministry seeks view on draft coal, lignite mining plan norms

In a groundbreaking move, draft guidelines propose transitioning to advanced technologies for sustainable coal mining, focusing on land restoration and mechanized mining over manual methods. The industry is poised for a transformative shift towards more efficient and environmentally friendly practices.

Revised mining guidelines to introduce stringent steps to optimise coal extraction: Ministry

The revised mining plan guidelines aim to optimise coal extraction through stringent measures, balancing flexibility for mine owners with responsibility and accountability. The guidelines were discussed during a stakeholders' consultation with 25 coal and lignite mining companies, including PSUs and representatives from various states. The new guidelines focus on sustainable coal mining by including restoration, remediation, and regeneration measures to address environmental and community concerns.

Airtel, Jio, Vodafone Idea push long-term plans at old rates to retain users

After announcing telecom pack price hikes of up to 25% effective July 3-4, telcos are urging subscribers to recharge long-term plans at old prices to reduce customer attrition. Bharti Airtel, Reliance Jio, and Vodafone Idea (Vi) are promoting 365-day plans priced between Rs 2,545 and Rs 3,099 through in-app promotions.

Airtel, Jio announce mobile tariff hike: Here is the full list of new prepaid and postpaid plans and prices

Mobile Tariff Hike: Airtel and Jio and have announced significant tariff hikes, marking the first major rate increase by a telco since 2021. Jio’s new rates, effective July 3, increase by 12-25%, while Airtel’s hikes start immediately. These adjustments aim to boost average revenue per user (ARPU) due to substantial investments in 5G services.

Jio, Airtel Tariff Hikes: Users can still avoid increased prices. Here's how

Reliance Jio and Airtel will raise tariffs from July 3, 2024, to boost Average Revenue per User (ARPU), impacting millions of subscribers. Prepaid users can avoid hikes by recharging before July 3. Adjustments range from 12% to 25% for Jio and 11% to 21% for Airtel. Postpaid users will see immediate changes in their billing cycles.

Vi follows Jio, Airtel to raise tariffs; new plans effective July 4

Vodafone Idea has launched new plans for prepaid and postpaid customers starting July 4, 2024, following Jio and Airtel's footsteps. The changes are minimal, aligning higher prices with increased usage, and Vi aims to provide simple, comprehensive plans.

Jio, Airtel, and Vodafone Idea announce massive tariff hikes: Here's how much it will cost you

Is a market-linked pension plan right for you? Vivek Jain explains

Vivek Jain, Head of Investments, Policybazaar.com says that in retirement planning, it's vital to consider both market-linked and guaranteed pension plans, allocating funds based on age and risk tolerance. Including a spouse in joint life coverage and leaving a legacy for nominees are key aspects of securing a stable financial future.

Jio hikes tariff by 12.5 to 25%; launches new plans

On Thursday, Jio, owned by Reliance, revealed a tariff increase ranging from 12.5% to 25% alongside the introduction of new plans. In the recent spectrum auction by the Department of Telecommunications, Jio secured additional 1800 MHz band spectrum for Bihar and West Bengal, as informed by Reliance Industries to the exchanges on Wednesday.

Verizon adapts new brand strategy: New logo, wireless and home internet plans, all you need to know

Verizon has taken steps to re-brand itself by introducing a new logo, fresh home and wireless internet plans, along with special video streaming deals, that will help you save on individual subscriptions, and much more. Know how to avail these Verizon offers if you really want to opt for them.

Take charge of finances: How to make a personal financial bucket list to achieve all your goals

Taking control of our money lives is something many of us are unable to do. It sounds simple, but many of us do not believe we can take charge and do something about our dreams. Slipping into excuses, living in denial of our true situation, blaming the world for our unhappiness, and assigning it to bad luck are tactics that stop us from asking what we could do.

CEO succession planning is important. But how you go about it makes all the difference

Succession planning, including CEO succession plans and leadership pipelines, is crucial for company stability and success. Companies with robust succession plans outperform peers by 20% in revenue growth. Neglecting leadership pipelines can cost companies nearly $1 trillion annually, emphasizing the importance of effective planning.

How to deploy Rs 2 crore inheritance to meet child education expenses & retirement goals

If you have any mutual fund queries, message on ET Mutual Funds on Facebook/Twitter. We will get it answered by our panel of experts.

Heatwave Worries: Hot weather plan to tackle heatwaves, from Harvard

Unbearably hot weather has taken over the world this summer, with India recording historical high temperatures. Delhi recorded its longest heatwave, and prolonged heatwaves in April and May gripped the eastern part of India. Heat has taken away lives of scores of people across the country. As many as 900 Haj pilgrims died in Mecca due to the heat. Amid such situations, Harvard University in its health blog has chalked out a plan for heat safety. Here is a look at it.