TheSpuzz Desk

Budget 2025: Key personal finance tax changes that will affect taxpayers | Mint

Budget 2025: Key personal finance tax changes that will affect taxpayers | Mint

Source: Live Mint The recently announced budget introduced significant personal finance changes impacting taxpayers and investors. One of the key updates involved Unit Linked Insurance Plans (ULIPs). It has been clarified by the Finance Ministry that if the annual premium exceeds ₹2.5 lakhs the redemption becomes subject to capital gains tax. ULIPs that are held for…

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INR vs USD: Rupee rallies most in over two years, back above 87/dollar mark on likely RBI intervention | Stock Market News

INR vs USD: Rupee rallies most in over two years, back above 87/dollar mark on likely RBI intervention | Stock Market News

Source: Live Mint The Indian rupee witnessed a sharp surge on Tuesday, rallying the most in over two years against the US dollar, aided by the central bank’s heavy-handed intervention. According to a Reuters report, the jump in the domestic currency also triggered stop losses for speculators betting against the currency. The Reserve Bank of…

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South Korea Must Approve Crypto ETFs ‘Sooner Than Later’

South Korea Must Approve Crypto ETFs ‘Sooner Than Later’

Source: Bitcoinist Korea Exchange chairman Jeong Eun-bo recently pushed for the country’s approval of crypto exchange-traded funds (ETFs). Amid the country’s stock market crisis, he urged revamping South Korea’s financial industry to strengthen the market and compete with other nations. South Korea ‘Needs’ Crypto ETFs Approval On Sunday, Jeong Eun-bo, chairman of South Korea’s Stock…

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