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Author: paisamatters44@gmail.com

  • Good News For Homebuyers! Punjab National Bank Slashes Lending Rates After RBI’s Repo Rate Cut

    In a significant move to make homeownership more affordable, Punjab National Bank (PNB) has announced a 50 basis points reduction in its Repo Linked Lending Rate (RLLR), effective from June 9, 2025.

    New Lending Rates at PNB

    • Home Loans: Starting at 7.45% per annum
    • Vehicle Loans: Starting at 7.80% per annum

    This rate cut is expected to reduce EMIs for both new and existing borrowers, providing substantial savings over the loan tenure.

    RBI’s Monetary Policy Update

    The Reserve Bank of India (RBI) recently reduced the repo rate by 50 basis points, bringing it down to 5.5%. Additionally, the Cash Reserve Ratio (CRR) was lowered by 100 basis points to 3%, injecting over ₹2.5 lakh crore into the banking system.

    Impact on Borrowers

    The reduction in lending rates translates to significant savings for borrowers. For instance, on a ₹50 lakh home loan over 20 years, the EMI could decrease by approximately ₹1,500 per month, resulting in substantial long-term savings.

    Positive Outlook for the Real Estate Sector

    Industry experts anticipate that these rate cuts will boost demand in the affordable housing segment, particularly for homes priced below ₹50 lakh. The reduced borrowing costs are expected to stimulate housing demand and support economic growth.

    Conclusion

    PNB’s decision to lower lending rates following the RBI’s policy changes is a welcome development for homebuyers. With reduced EMIs and improved affordability, this is an opportune time for individuals considering purchasing a home.

    For more detailed information, please refer to the official announcements and consult with financial advisors to understand how these changes may affect your specific situation.

  • How to Get Haldiram Franchise: Investment, Monthly Earning, Expenses, ROI

    Haldiram is one of India’s most trusted and popular brands in the food and snacks industry. Known for its vast range of namkeens, sweets, frozen foods, and restaurant chains, the brand has a strong presence across India and abroad. If you’re an aspiring entrepreneur looking to start a profitable business, acquiring a Haldiram franchise can be a golden opportunity.

    Why Choose Haldiram?

    • Established Brand: Trusted by millions of Indians for decades.
    • Diverse Product Range: Namkeens, sweets, ready-to-eat foods, restaurants, and more.
    • High Footfall: Popular across all age groups and communities.
    • Marketing Support: Haldiram provides brand recognition, advertising, and guidance.

    Types of Haldiram Franchise Models

    Haldiram typically offers the following franchise formats:

    1. Retail Outlet/Kiosk Franchise (Snacks, Sweets, Beverages)
    2. Quick Service Restaurant (QSR) / Casual Dining
    3. Super Stockist or Distributor Franchise
    4. Café or Dessert Parlor Concept (limited areas)

    Franchise Investment Required

    Franchise TypeInvestment (INR)Area Required
    Retail Outlet/Kiosk₹25 – ₹35 lakhs300 – 500 sq. ft.
    QSR / Casual Dining₹1 – ₹2 crores1000 – 1500 sq. ft.
    Distributor/Super Stockist₹50 lakhs – ₹1 croreWarehouse + Office

    Breakdown of Costs:

    • Franchise Fee: ₹5–15 lakhs (non-refundable)
    • Interior Setup: ₹10–30 lakhs
    • Equipment & Machinery: ₹5–10 lakhs
    • Initial Stock: ₹5–15 lakhs
    • Staff Recruitment: ₹1–3 lakhs

    Monthly Expenses

    CategoryAverage Monthly Cost (INR)
    Rent₹50,000 – ₹2,00,000
    Staff Salaries₹1,00,000 – ₹3,00,000
    Raw Materials/Stock₹2,00,000 – ₹5,00,000
    Utilities & Maintenance₹20,000 – ₹50,000
    Marketing & Promotions₹20,000 – ₹1,00,000
    Miscellaneous₹10,000 – ₹30,000

    Monthly Earnings & Profit Margin

    Estimated Monthly Sales:

    • Retail Outlet: ₹6 – ₹12 lakhs/month
    • Restaurant/QSR: ₹10 – ₹25 lakhs/month

    Average Profit Margin:

    • Gross Margin: 30% – 40%
    • Net Profit After Expenses: 10% – 20%

    For a well-performing outlet, monthly profit can range from ₹1 – ₹3 lakhs or more.

    Return on Investment (ROI)

    • Payback Period: 2 to 3 years
    • ROI: Approx. 30% annually for outlets, up to 50% for high-footfall restaurants or food courts.

    Steps to Apply for a Haldiram Franchise

    1. Visit the Official Website: https://www.haldiram.com
    2. Fill the Franchise Enquiry Form with your name, contact, city, investment capacity, etc.
    3. Wait for Response: A company representative will contact you for further details.
    4. Discussion & Evaluation: Location analysis, business plan, agreement review.
    5. Agreement Signing & Outlet Setup: Once approved, begin site construction and setup.
    6. Training & Launch: Haldiram provides training, branding, and support for opening.

    Eligibility Criteria

    • Age: 21+
    • Experience in F&B or retail (preferred)
    • Strong financial background
    • Ability to maintain Haldiram’s brand image and hygiene standards

    Pros of Owning a Haldiram Franchise

    1)Trusted brand with ready customer base
    2)Full product supply and logistics support
    3)High returns in a relatively short period
    4)Marketing and promotional assistance

    Conclusion

    Getting a Haldiram franchise can be a rewarding business opportunity, especially in metro cities and Tier-1/2 towns. While the investment might seem high initially, the brand’s recall value, customer loyalty, and wide product portfolio ensure a consistent income stream and strong ROI.

  • No Aadhaar, No Tatkal: Indian Railways’ New Rule to Change Ticket Booking

    The Indian Railways is all set to bring a major change in how Tatkal tickets are booked — and this time, Aadhaar authentication is becoming mandatory. The move is aimed at curbing ticketing fraud, ensuring transparency, and making the ticket booking system more secure and passenger-friendly.

    What’s Changing?

    Indian Railways, through its online portal IRCTC (Indian Railway Catering and Tourism Corporation), plans to mandate Aadhaar authentication for Tatkal ticket bookings. This means:

    • You cannot book a Tatkal ticket without linking and verifying your Aadhaar card.
    • The new rule will be rolled out in phases, and likely implemented nationwide by late 2025.

    Why This Move?

    1. Curb black marketing: Unauthorized agents and touts often book Tatkal tickets in bulk using fake IDs. Aadhaar verification ensures every booking is tied to a real person.
    2. Prevent multiple bookings: Linking Aadhaar avoids duplication of identities and tickets.
    3. Enhance passenger security: It helps authorities easily trace a person in case of emergencies or unlawful activity.

    What is Tatkal Ticket?

    Tatkal is a fast-track ticket booking scheme by Indian Railways, launched to help passengers with urgent travel plans. These tickets:

    • Are released one day before the date of the journey.
    • Cost more than regular tickets.
    • Sell out quickly — within minutes, especially on popular routes.

    How to Authenticate Your Aadhaar on IRCTC?

    If you’re an IRCTC user, here’s how to link and verify your Aadhaar:

    1. Login to IRCTC website: Go to www.irctc.co.in.
    2. Go to ‘My Profile’: Click on ‘Link Your Aadhaar’ under the profile section.
    3. Enter Aadhaar Number: Input your 12-digit Aadhaar and click on “Send OTP”.
    4. Verify with OTP: An OTP will be sent to your Aadhaar-registered mobile number.
    5. Submit: Once verified, your Aadhaar will be successfully linked to your IRCTC account.

    Note: Ensure your mobile number is already registered with Aadhaar. If not, visit a nearby Aadhaar Seva Kendra to update it.

    ❓ What If You Don’t Link Aadhaar?

    • You will not be able to book Tatkal tickets.
    • For other types of bookings (general, senior citizen, etc.), Aadhaar might still remain optional for now.
    • However, Indian Railways may expand this requirement to all bookings in the future.

    Conclusion

    The new “No Aadhaar, No Tatkal” rule is a significant shift towards digitizing and securing India’s railway booking system. While it may seem like a hassle at first, Aadhaar authentication helps ensure that deserving passengers — not bots or agents — get fair access to Tatkal tickets.

    So, if you haven’t already, link your Aadhaar with IRCTC today and stay ahead of the upcoming change.

  • RBI Cuts Repo Rate June 2025: Big Relief for Borrowers!

    Date: June 6, 2025
    Decision: RBI slashes repo rate by 50 bps to 5.50%, and reduces CRR by 100 bps to 3%

    1. What Just Happened?

    • Repo rate: Reduced by 50 bps (0.50%)—the third straight cut in 2025, totaling a full 100 bps since February
    • CRR trimmed: A 100 bps cut (in four tranches) frees up around ₹2.5 lakh crore in the system
    • Stance adjustment: RBI switches from “accommodative” to neutral, signaling caution for further moves

    2. Why It Matters for Borrowers

    Lower EMIs Across the Board

    • Home, auto, education, MSME loans: Floating‑rate loans linked to EBLR or MCLR will see cheaper interest and reduced EMIs
    • Example: A ₹50 lakh home loan over 20 years could save around ₹3,100 per month—total interest savings of ~₹7.5 lakh
    • Rates on some home loans may dip below 8%, boosting affordability

    🔁 Faster Benefit Transmission

    • Since many loans follow external benchmark rates, banks must reset lending rates every three months. Borrowers will see rate cuts in next billing cycle

    🏡 Real-Estate & Business Upside

    • Home buyers: Cheaper financing means better purchasing power.
    • MSMEs & corporates: Lower cost of capital promotes investment and expansion

    3. The Broader Economic Picture

    • RBI’s move comes in response to subdued inflation (around 3.7%) and an aim to sustain the economy amid global uncertainties
    • The ₹2.5 lakh crore liquidity boost empowers banks to lend more without straining liquidity
    • The neutral stance suggests RBI may pause here, awaiting data before further easing

    4. Smart Steps for Borrowers

    • Check loan resets: Keep an eye out for revised EMIs in your next bill cycle.
    • Renegotiate terms: Talk to your bank—consider opting to reduce EMI or cut loan tenure
    • Plan new loans strategically: If you’re planning a home, auto, or business loan, prospects now look better.
    • Compare offers: With benchmark rates easing, many lenders might vie for your business—shop smarter.

    Snapshot :

    Key ChangeBefore (Feb)Now (June 6)
    Repo Rate6.50% → 5.50%5.50%
    Total reduction in 2025–100 bps
    CRR4.00% → 3.00%3.00%
    Impact on borrowersSmall improvementsSubstantial savings, cheaper loans
    RBI stanceAccommodativeNeutral

    Conclusion

    RBI’s aggressive easing this year is a game-changer for borrowers—especially those with floating rate loans. Expect lower EMIs, faster policy transmission, and an overall boost in affordability. If you’ve been waiting for a good time to borrow, this is it. Just be sure to watch your loan resets and talk to your bank about the best way to optimize your savings.

  • HDFC Bank Scheduled Maintenance on June 8,2025:UPI and Digital Services Temporarily Unavailable

    Date: Sunday, June 8, 2025
    Time: 02:30 AM to 06:30 AM IST (4 hours)

    1. What’s Going On?

    HDFC Bank has announced a scheduled system maintenance planned for June 8, 2025, from 02:30 AM to 06:30 AM IST. During this four-hour window, several digital banking services will be temporarily unavailable as part of the bank’s efforts to strengthen infrastructure and enhance customer experience

    2. Which Services Will Be Affected?

    Expect interruptions in:

    • UPI transactions linked to HDFC Bank (savings/current accounts, RuPay credit cards, third-party UPI apps)
    • HDFC Mobile Banking app and NetBanking portal access
    • Fund transfers via UPI, IMPS, NEFT, RTGS
    • Merchant payments routed through HDFC accounts
    • Instant account opening and account info viewing
    • Credit card transactions and statement downloads

    3. Why Is This Needed?

    HDFC explains that this is a crucial upgrade aimed at improving system stability, security, and overall banking performance — especially vital given the growing reliance on digital platforms across India .

    4. How to Prepare

    To navigate this downtime smoothly:

    • Plan ahead: Process urgent payments before 02:30 AM or wait until after 06:30 AM.
    • Use alternatives:
      • PayZapp wallet — HDFC’s digital wallet will still function. Limits: ₹10,000/month (non‑KYC), ₹200,000/month (KYC)
      • Debit/credit cards or internet banking with other banks.
    • Be cautious: Transactions during this window may fail or get delayed; refunds or reversals might take longer.

    5. What If Something Goes Wrong?

    • Failed or delayed UPI transactions may show errors like “technical error” or “server not responding.”
    • Refunds may take several hours if transactions initiate but don’t complete.
    • Available alternatives: Pay via PayZapp, credit/debit cards, or delay till post-maintenance.

    Table :

    AspectDetails
    WhenJune 8, 2025 · 02:30–06:30 AM IST
    Duration4 hours
    Services impactedUPI, IMPS, NEFT, RTGS, MB/NetBanking, merchant & credit card services
    Alternative optionsPayZapp wallet, cards, other bank services
    Action advisedPlan ahead, avoid urgent digital banking in window

    Conclusion

    While short-term disruptions are never ideal, HDFC Bank is rolling out this maintenance to boost reliability, speed, and security for future banking operations. With a bit of planning and alternative arrangements, customers can easily sidestep inconvenience during this brief window.

    Stay ahead: If you have scheduled payments or bill dues falling in this period, pre-process them or shift to PayZapp or credit/debit modes. And don’t forget—everything’s expected to be back to normal by around 06:45 AM IST on June 8.

  • How to Start an E-Commerce Business on Amazon, Flipkart & Meesho by Selling Brand Products: Investment, Income & Key Metrics

    In the booming world of e-commerce, platforms like Amazon, Flipkart, and Meesho offer excellent opportunities for individuals to start their own online business by selling brand-name products without owning a factory or warehouse. Whether you’re looking for a full-time venture or a side income, reselling branded products can be highly rewarding—if done right.

    Step-by-Step: How to Start an E-Commerce Business Selling Brand Products

    1. Choose the Right Marketplace

    Each platform offers different advantages:

    • Amazon: Best for branded electronics, personal care, kitchen, and home products.
    • Flipkart: Strong in fashion, electronics, and Indian brands.
    • Meesho: Ideal for resellers with low/no upfront investment, great for clothing, cosmetics, and home items.

    You can sell on one or all platforms depending on your product category and bandwidth.

    2. Register as a Seller

    To start selling branded products:

    • GST Number (mandatory for Amazon/Flipkart; optional on Meesho up to ₹40 lakh turnover)
    • PAN Card (Personal or Business)
    • Bank Account
    • Active Mobile Number and Email
    • Trademark or Brand Authorization if reselling branded goods

    ➡️ Visit these links to register:

    3. Choose the Right Branded Products

    You can become a reseller or distributor for well-known D2C brands like:

    • The Derma Co, Minimalist, mCaffeine, Mamaearth
    • Ustraa, WOW Skin Science, Plum, Dot & Key
    • Boat, Realme, Zebronics, etc.

    Approach brand representatives/distributors and obtain authorization letters or dealership rights. Alternatively, purchase in bulk from wholesalers or B2B platforms like IndiaMART, Udaan, or TradeIndia.

    Investment Needed

    Expense CategoryApprox. Cost (₹)
    Initial Product Stock₹20,000 – ₹1,00,000
    Packaging Materials₹2,000 – ₹5,000
    Amazon/Flipkart Subscription₹1,000 – ₹5,000/month
    Meesho (Free listing)₹0
    GST & Legal Setup₹3,000 – ₹5,000
    Branding & Photoshoots₹5,000 – ₹10,000 (optional)
    Misc. (Returns, shipping buffer)₹5,000+

    ➡️ Total Investment: ₹25,000 to ₹1.5 lakh (can start small and scale)

    Example: Branded Product Metrics (e.g., Derma Co Sunscreen)

    MetricValue
    Buying Price from Distributor₹350
    Selling Price on Amazon₹499
    Amazon Commission (15%)₹74.85
    Shipping Fee (avg.)₹30
    Packaging Cost₹10
    Net Profit per Unit₹34.15
    Monthly Sale (100 units)₹3,415
    Monthly Sale (500 units)₹17,075

    With 5–10 products in portfolio, your monthly income can go up to ₹30,000–₹75,000.

    Key Metrics to Track

    1. Sales Volume – Number of units sold per product per platform.
    2. ACOS (Advertising Cost of Sales) – Especially for Amazon sponsored ads.
    3. Return Rate – Try to keep under 5–10%.
    4. Profit Margin – Minimum 20–25% per product is ideal.
    5. Ratings & Reviews – Impacts ranking and visibility.
    6. Inventory Turnover – Fast-moving stock = more profits.
    7. Fulfillment Mode:
      • FBA (Fulfillment by Amazon): Amazon handles storage/delivery.
      • Self-ship or Easy Ship: You manage stock and delivery.
      • Flipkart Smart or Meesho logistics: Use their logistics network.

    How to Scale the Business

    • Start with 3–5 branded products in 1–2 niches (e.g., skincare or kitchen).
    • Reinvest profits into more stock and ad campaigns.
    • Automate with tools like Zoho Inventory, GoFrugal, or Unicommerce.
    • Expand to private labelling or white-label products in the long run.
    • Get brand authorization to avoid listing issues or takedowns.

    Bonus: Tips for Success

    • Use Amazon/Flipkart Ads to boost visibility in early weeks.
    • On Meesho, offer cash-on-delivery and promote via WhatsApp groups.
    • Optimize product titles, keywords, and photos for search visibility.
    • Maintain excellent customer service and fast delivery times.
    • Watch your account health to avoid suspensions.

    Conclusion

    Starting an e-commerce business selling branded products on Amazon, Flipkart, and Meesho is not only low-risk, but also highly scalable. With a modest investment and good product strategy, even beginners can make ₹25,000–₹1 lakh+ per month in profit.

  • SBI SimplyCLICK Credit Card: A Comprehensive Review

    The SBI SimplyCLICK Credit Card is tailored for individuals who frequently engage in online shopping. With its array of rewards and benefits, it stands out as an entry-level credit card option.

    Key Features & Benefits

    1. Welcome Gift:

    • Receive an Amazon.in gift card worth ₹500 upon payment of the annual fee of ₹499 plus taxes.

    2. Reward Points Structure:

    • 10X Reward Points on online spends with exclusive partners: Apollo 24×7, BookMyShow, Cleartrip, Dominos, IGP, Myntra, Netmeds, and Yatra.
    • 5X Reward Points on all other online spends.
    • 1 Reward Point per ₹100 on all other spends.

    3. Milestone Benefits:

    • Earn e-vouchers worth ₹2,000 each on reaching annual online spends of ₹1 lakh and ₹2 lakh, respectively.

    4. Fuel Surcharge Waiver:

    • 1% fuel surcharge waiver for transactions between ₹500 and ₹3,000, with a maximum waiver of ₹100 per statement cycle.

    5. Annual Fee Reversal:

    • Spend ₹1 lakh in a year and get the annual fee of ₹499 reversed for the subsequent year.

    6. Contactless Payments:

    • Equipped with contactless technology, allowing secure and swift transactions by simply waving the card at a POS terminal.

    7. Global Acceptance:

    • Accepted at over 24 million outlets worldwide, including 3.25 lakh outlets in India.

    Fees & Charges

    • Joining Fee: ₹499 + taxes.
    • Annual Renewal Fee: ₹499 + taxes (waived on annual spends of ₹1 lakh).
    • Finance Charges: 3.50% per month (42% per annum).
    • Late Payment Fees:
      • ₹0 for outstanding balance less than ₹500.
      • ₹400 for ₹500 to ₹1,000.
      • ₹750 for ₹1,000 to ₹10,000.
      • ₹950 for ₹10,000 to ₹25,000.
      • ₹1,100 for ₹25,000 to ₹50,000.
      • ₹1,300 for over ₹50,000.

    Eligibility Criteria

    • Age: 21 to 70 years.
    • Occupation: Salaried or self-employed individuals.
    • Income: Stable income source as per bank’s criteria.
    • Credit Score: A good credit history is preferred.

    Required Documents

    • Identity Proof: PAN Card, Aadhaar Card, Voter ID, Passport, or Driving License.
    • Address Proof: Utility bills, Aadhaar Card, Passport, or Ration Card.
    • Income Proof:
      • Salaried: Latest 3 months’ salary slips or bank statements.
      • Self-employed: Latest audited financial statements or ITR.

    Application Process

    1. Online Application:
      • Visit the SBI Card official website.
      • Navigate to the SimplyCLICK SBI Card page.
      • Click on ‘Apply Now’ and fill in the required details.
    2. Verification:
      • Submit the necessary documents for verification.
    3. Approval:
      • Upon successful verification, the card will be dispatched to your registered address.

    Pros & Cons

    Pros:

    • Attractive rewards for online shoppers.
    • Affordable annual fee with waiver option.
    • Welcome gift adds immediate value.
    • Wide acceptance and contactless payment feature.

    Cons:

    • Limited reward redemption options.
    • Lower reward rate on offline spends.
    • Customer service experiences may vary.

    Conclusion

    The SBI SimplyCLICK Credit Card is a suitable choice for individuals who predominantly shop online and seek a card with a modest annual fee and rewarding benefits. Its features cater well to the digital shopper, offering substantial rewards on online purchases, especially with partner brands. However, if your spending is more inclined towards offline purchases or if you prefer cashback over reward points, you might want to explore other credit card options that align better with your spending habits.

    Note: Always assess your spending patterns and financial needs before selecting a credit card to ensure it complements your lifestyle

  • Ganga Bath Fittings IPO: Key Details and Insights

    Company Overview:
    Established in 2018, Ganga Bath Fittings Limited specializes in manufacturing and supplying a diverse range of bathroom accessories and sanitaryware. Their product lineup includes CP taps, ABS showers, PTMT taps, sanitary ware, door handles, vanities, and sinks. The company markets products under its in-house brands—Ganga, Glimpse, Stepian, and Tora—and also engages in OEM production.

    IPO Details:

    • Issue Size: Fresh issue of 66.63 lakh equity shares, aggregating up to ₹32.65 crore.
    • Price Band: ₹46 to ₹49 per share.
    • Lot Size: 3,000 shares; minimum investment of ₹1,38,000 for retail investors.
    • Subscription Period: June 4 to June 6, 2025.
    • Listing Platform: NSE SME platform.
    • Tentative Listing Date: June 11, 2025.

    Utilization of Proceeds:

    The net proceeds from the IPO will be utilized for:

    • Capital expenditures for acquiring equipment and machinery.
    • Repayment or prepayment of certain borrowings.
    • Funding working capital requirements.
    • General corporate purposes.

    Subscription Status:

    As of June 5, 2025, the IPO was fully subscribed on the second day of bidding. The overall subscription stood at 1.01 times, with the retail individual investor (RII) category subscribed 1.43 times, and the qualified institutional buyers (QIBs) segment subscribed 2.22 times.

    Grey Market Premium (GMP):

    The IPO’s grey market premium was reported at ₹3.5, indicating a potential listing price of ₹52.5 per share, which is approximately 7.14% higher than the upper end of the price band.

    Conclusion:

    Ganga Bath Fittings’ IPO has garnered significant investor interest, reflecting confidence in the company’s growth prospects within the sanitaryware industry. Investors should consider their investment goals and consult financial advisors before participating.

    Note: Investors are advised to consult with financial advisors before making investment decisions this blog is not responsible for anything.

  • Taxpayers, Pay Attention! ITR-1 & ITR-4 Forms Are Live on Portal: Who Can File, How to File, and Documents Required All You Need To Know

    With the Income Tax Return (ITR) filing season now officially open for the financial year 2024-25 (Assessment Year 2025-26), the Income Tax Department has made ITR-1 (Sahaj) and ITR-4 (Sugam) forms live on the e-filing portal www.incometax.gov.in These are the most commonly used forms by salaried individuals and small business owners.

    Who Can File ITR-1 and ITR-4?

    ITR-1 (Sahaj)

    For: Resident individuals
    Income limit: Up to ₹50 lakh annually

    You can file ITR-1 if your income is from:

    • Salary or pension
    • One house property
    • Other sources (like interest income)
    • Agricultural income (up to ₹5,000)

    You CANNOT file ITR-1 if you:

    • Have income from capital gains or business/profession
    • Have foreign assets or income
    • Are a director in a company
    • Have crypto or virtual digital asset income
    • Are a resident not ordinarily resident (RNOR)

    ITR-4 (Sugam)

    For: Resident Individuals / HUFs / Firms (Other than LLP)
    Income limit: Up to ₹50 lakh annually (Presumptive income)

    You can file ITR-4 if:

    • You have income under Section 44AD, 44ADA, or 44AE (Presumptive income)
    • You earn from business or profession on a presumptive basis
    • Your income is from salary, pension, one house property, and other sources

    You CANNOT file ITR-4 if you:

    • Have income from capital gains or speculative business
    • Own more than one house property
    • Earn from foreign assets
    • Are a director in a company
    • Earn income from crypto

    How to File ITR-1 or ITR-4 Online (Step-by-Step)

    1. Visit the Official Portal

    Go to https://www.incometax.gov.in and log in using your PAN/Aadhaar and password.

    2. Go to ‘File Income Tax Return’

    Click on “e-File” → “Income Tax Return” → “File Income Tax Return”.

    3. Select the Appropriate Assessment Year

    Choose AY 2025–26 and select the mode: Online.

    4. Choose the Right ITR Form

    Select ITR-1 or ITR-4 depending on your eligibility.

    5. Pre-fill and Verify Details

    The portal auto-fills most data from your previous returns and Form 26AS. Verify carefully.

    6. Declare Additional Income

    Add any bank interest, dividend income, or freelance earnings.

    7. Validate, Preview, and Submit

    Use the preview option, validate your form, and submit.

    8. e-Verify Your ITR

    Complete the process using Aadhaar OTP, Net Banking, or by sending a signed ITR-V to CPC, Bengaluru.

    Documents Required for ITR-1 & ITR-4 Filing

    For ITR-1:

    • Form 16 from your employer
    • Form 26AS (Tax Credit Statement)
    • AIS/TIS (Annual Information Statement)
    • Bank account details (all accounts)
    • Interest certificates from banks/post office
    • Rent receipts, if claiming HRA
    • Investment proofs (LIC, ELSS, PPF, etc.)
    • Aadhaar and PAN card

    For ITR-4:

    • All above documents, plus:
    • Business income statements
    • Presumptive income details under 44AD/44ADA/44AE
    • Cash ledger or bank statements for business
    • GST details (if applicable)
    • Loan/asset information (if declared under balance sheet)

    Important Dates to Remember

    • ITR Filing Start Date: April 1, 2025
    • Deadline (without late fee): July 31, 2025

    Filing early ensures:

    • Faster refunds
    • Avoidance of portal overload
    • Time to correct errors

    Pro Tips for Smooth Filing

    1. Check Form 26AS and AIS before filing
    2. Pre-validate your bank account for faster refunds
    3. Use the income tax utility if you prefer offline preparation
    4. If unsure, consult a tax consultant or CA
    5. Don’t delay! Late filing may attract penalties

    Conclusion

    The income tax portal has made it easier than ever to file your ITR online. With ITR-1 and ITR-4 now live, salaried individuals and small business owners should begin the process early to avoid last-minute hassles. Ensure all your documents are in place, double-check your entries, and file your return well before the deadline.

  • Adani Group’s Tax Contribution Rises by 29% to ₹74,945 Crore in FY25: A Testament to Growth and Governance

    The Adani Group, one of India’s largest and fastest-growing conglomerates, has announced a remarkable 29% year-on-year increase in tax contributions, reaching a total of ₹74,945 crore in FY25, up from ₹58,104 crore in FY24. This increase reflects not only the Group’s robust financial health and diversified growth but also its commitment to fiscal responsibility and national development.

    Detailed Tax Breakdown

    According to the tax transparency reports released by the group’s listed entities, the tax contributions include:

    • Direct Taxes (like Income Tax, Corporate Tax): ₹28,720 crore
    • Indirect Taxes (GST, Excise, Customs, etc.): ₹45,407 crore
    • Other Statutory Contributions (Employee Provident Fund, ESIC, etc.): ₹818 crore

    How Big is ₹74,945 Crore?

    To put it into perspective, ₹74,945 crore is enough to:

    • Build the entire Mumbai Metro network, or
    • Construct several All India Institute of Medical Sciences (AIIMS) campuses, or
    • Fund large-scale rural electrification and road connectivity programs

    Leading Contributors Within the Group

    The tax contributions stem from a portfolio of publicly listed entities, with major contributors including:

    • Adani Enterprises Limited (AEL)
    • Adani Cement Limited (ACL)
    • Adani Ports and Special Economic Zone (APSEZ)
    • Adani Green Energy Limited (AGEL)

    Additionally, the consolidated figures incorporate taxes paid by subsidiaries such as NDTV, ACC, and Sanghi Industries, which are held by the seven main entities .

    Stock Market Confidence

    While this news may not lead to immediate sharp movements in stock prices, analysts believe that continued tax discipline and transparency help build a more stable, trustworthy investment case for Adani Group stocks, especially post the volatility faced in early 2023.

    The Group’s improving credit profile, rising earnings, and reduced debt-to-equity ratio — coupled with this tax commitment — create a stronger outlook for its equity and bond investors.

    ESG and Tax Transparency

    In line with global ESG standards, the Adani Group published a comprehensive document titled “Basis of Preparation and Approach to Tax”, detailing how taxes are categorized and paid. The report breaks down contributions into:

    • Direct taxes paid by the company
    • Indirect taxes collected and remitted
    • Statutory contributions made on behalf of employees

    Conclusion

    The Adani Group’s increased tax contribution in FY25 not only reflects its robust financial performance but also its dedication to supporting India’s economic growth and infrastructure development. Through transparent reporting and adherence to ESG principles, the group continues to demonstrate its role as a responsible corporate citizen, contributing significantly to the nation’s fiscal health.