FINANCE

Income Tax Rates for Individuals (under 60 years) for AY 2025-26 Old Tax Regime Up to ₹2,50,000: No tax (Nil). ₹2,50,001 to ₹5,00,000: 5% tax on income above ₹2,50,000. ₹5,00,001 to ₹10,00,000: ₹12,500 + 20% tax on income above ₹5,00,000. Above ₹10,00,000: ₹1,12,500 + 30% tax on income above ₹10,00,000. New Tax Regime (Section 115BAC) Up to ₹3,00,000: No tax (Nil). ₹3,00,001 to ₹7,00,000: 5% tax on income above ₹3,00,000. ₹7,00,001 to ₹10,00,000: ₹20,000 + 10% tax on income above ₹7,00,000. ₹10,00,001 to ₹12,00,000: ₹50,000 + 15% tax on income above ₹10,00,000. ₹12,00,001 to ₹15,00,000: ₹80,000 + 20% tax on income above ₹12,00,000. Above ₹15,00,000: ₹1,40,000 + 30% tax on income above ₹15,00,000. Key Notes: Taxpayers opting for the New Tax Regime cannot claim certain exemptions and deductions available under the Old Tax Regime, such as HRA, 80C, 80D, 80TTB, etc. A Health & Education Cess of 4% is applicable on the income tax amount plus any surcharge in both regimes. Surcharge (app...

Risk weights have been revised, impacting commercial banks, SFBs, RRBs, and LABs. What does this mean for banks & borrowers? Let’s break it down. 👇 1️⃣ Microfinance Loans & Risk Weights Earlier, consumer credit loans (like personal loans) had a 125% risk weight to curb excessive lending. Now, RBI has excluded microfinance loans from this, lowering their risk weight to 100%. 2️⃣ Who’s Affected? ✅ Commercial Banks & Small Finance Banks Microfinance loans as consumer credit now get 100% risk weight (instead of 125%). If they meet regulatory retail portfolio (RRP) norms, they can get 75% risk weight. ✅ RRBs & Local Area Banks (LABs) All microfinance loans will now have a 100% risk weight. 3️⃣ Why Does This Matter? Lower risk weights mean banks need less capital for microfinance loans. This could boost lending in the microfinance sector. RRBs & LABs get clarity on uniform risk treatment. 4️⃣ What Stays Unchanged? Consumer credit loans (personal loans, etc.) ...

Date : 𝗝𝘂𝗻𝗲 𝟬𝟰, 𝟮𝟬𝟮𝟰 Auction of State Securities Bonds  𝗗𝗲𝗯𝘁 Amount : 𝟰𝟬𝟬𝟬 𝗖𝗿𝗼𝗿𝗲𝘀  Total - Rs. 𝟰𝟬𝟬𝟬 𝗖𝗿𝗼𝗿𝗲𝘀 Link:  rbi Date : 𝗝𝘂𝗻𝗲 𝟭𝟭, 𝟮𝟬𝟮𝟰 Auction of State Securities Bonds  𝗗𝗲𝗯𝘁 Amount : 𝟮𝟬𝟬𝟬 𝗖𝗿𝗼𝗿𝗲𝘀 Total - Rs. 𝟲𝟬𝟬𝟬 𝗖𝗿𝗼𝗿𝗲𝘀 Date : 𝗝𝘂𝗻𝗲 𝟮𝟱, 𝟮𝟬𝟮𝟰 Auction of State Securities Bonds  𝗗𝗲𝗯𝘁 Amount : 𝟮𝟬𝟬𝟬 𝗖𝗿𝗼𝗿𝗲𝘀 Total - Rs. 𝟴𝟬𝟬𝟬 𝗖𝗿𝗼𝗿𝗲𝘀 Date : 𝗝𝘂𝗹𝘆 𝟬𝟮, 𝟮𝟬𝟮𝟰 Auction of State Securities Bonds  𝗗𝗲𝗯𝘁 Amount : 𝟱𝟬𝟬𝟬 𝗖𝗿𝗼𝗿𝗲𝘀  Total - Rs. 𝟭𝟯𝟬𝟬𝟬 𝗖𝗿𝗼𝗿𝗲𝘀 Date : 𝗝𝘂𝗹𝘆 𝟭𝟲, 𝟮𝟬𝟮𝟰 Auction of State Securities Bonds  𝗗𝗲𝗯𝘁 Amount : 𝟮𝟬𝟬𝟬 𝗖𝗿𝗼𝗿𝗲𝘀 Total - Rs. 𝟭𝟱𝟬𝟬𝟬 𝗖𝗿𝗼𝗿𝗲 Date : 𝗝𝘂𝗹𝘆 𝟯𝟬, 𝟮𝟬𝟮𝟰 Auction of State Securities Bonds  𝗗𝗲𝗯𝘁 Amount : 𝟯𝟬𝟬𝟬 𝗖𝗿𝗼𝗿𝗲𝘀  Total - Rs. 𝟭𝟴𝟬𝟬𝟬 𝗖𝗿𝗼𝗿𝗲𝘀 Date : 𝗔𝘂𝗴𝘂?...