While the new income tax regime eliminates many deductions, some tax-saving investments remain crucial. PPF's tax-free returns and term insurance's risk coverage are still valuable. Health insurance protects against medical inflation, and employer-linked NPS contributions offer tax benefits. However, ELSS should be replaced with diversified equity funds, and traditional insurance policies should be re-evaluated.
Related news
Tensions escalate in the South China Sea as a Chinese navy vessel collides with a Chinese coast guard ship during a chase of a Philippine patrol boat near Scarborough Shoal. The Philippine coast guard released video footage of the incident, which occurred during a humanitarian mission. Philippine President Marcos affirmed continued presence in the area to assert Manila's sovereign rights.
Shishir Mehrotra, former YouTube chief, stated securing funds at YouTube was difficult. He compared YouTube's funding to venture capital. Mehrotra noted YouTube gave 25% of earnings to Google. He launched skippable ads during his time. Mehrotra is now Grammarly's CEO. Grammarly raised $1 billion from General Catalyst. He highlighted YouTube did not have infinite money.
Five years ago, MS Dhoni, India's celebrated captain and wicketkeeper, retired from international cricket, marking the end of an era. His leadership led India to victories in the T20 World Cup (2007), the ODI World Cup (2011), and the Champions Trophy (2013), making him the only captain to win all three major ICC white-ball trophies.
French streamer Jean Pormanove, known for his extreme IRL broadcasts, tragically died at 46, sparking grief and outrage. His death followed a grueling Kick marathon, raising concerns about unsafe streaming culture. Fans are sharing disturbing clips, igniting debate on platform accountability and creator safety in the face of toxic content.
A devastating cloudburst in Kishtwar, J&K, struck a pilgrimage pit stop at Chishoti, resulting in at least 46 fatalities, primarily among Shri Machail Mata Yatra pilgrims. Over 100 individuals sustained injuries, and numerous others remain missing. Rescue operations, involving the Army, police, and NDRF, have saved approximately 160 people.
PM Modi unveiled plans for major economic reforms. A task force will be formed to modernise laws. The goal is to boost self-reliance and economic growth. The task force will revise existing laws. It will reduce burdens on businesses. Next-generation GST reforms are coming. These reforms will lower taxes on everyday items. The changes aim to benefit citizens directly.
Diabetes is a growing concern in the US, affecting millions. Experts Diana Licalzi & Jose Tejero suggest incorporating beans, broccoli, edamame, and berries into your diet. These foods are rich in fiber, protein, and compounds that improve insulin sensitivity and help manage blood sugar levels, potentially aiding in diabetes reversal.
The Institute of Cost Accountants of India (ICMAI) has released the CMA June 2025 Intermediate and Final results on its official website, icmai.in. This session saw 5,491 candidates complete the Intermediate course and 2,167 clear the Final. Pass percentages varied across groups, reflecting mixed trends compared to December 2024, with some declines in key categories.
Gold price prediction today: Gold prices are fluctuating within a range as strong US PPI data tempers expectations of aggressive Federal Reserve rate cuts. Indian gold demand saw a slight uptick due to price pullbacks ahead of the festive season. Investors are awaiting insights from Fed Chair Powell's speech at the Jackson Hole symposium for cues on future rate adjustments.
Braxton Berrios, the Houston Texans' wide receiver, celebrated a Week 2 preseason victory against the Carolina Panthers, 20-3. Adding to the excitement, his girlfriend, social media influencer Alix Earle, was present to support him. Earle shared moments from the game, including a sweet sideline embrace with Berrios, on her Instagram. Her country-western outfit also grabbed attention.