From market highs to tax reforms, India's financial scene is bustling! This piece dives into the latest updates on stocks, real estate, and changes impacting
your money.
Market & Stocks
The Sensex and Nifty showed marginal gains, with auto and metal shares performing well. Additionally, there were several IPO updates, with JSW Cement and BlueStone Jewellery drawing attention. The market also saw a surge in equity mutual fund inflows, up 28% in July to Rs 42,702 crore.
Taxation Updates
The Finance Minister introduced a new Income Tax Bill in Lok Sabha. The ITR-3 and ITR-4 updated return filing window opened. There is also an explanation on how the latest tax bill affects house property income rules. Moreover, Income Tax Filing deadline is September 15 for non-audit cases.
Banking & Finance
ICICI Bank reduced the minimum balance for new accounts. SBI and Indian Overseas Bank announced MCLR cuts. Bank holidays, including Independence Day and Janmashtami, were announced. Furthermore, RBI issued draft rules for claim settlements.
Real Estate Scene
India's rental market showed strong growth in April-June 2025. Housing prices have nearly doubled since 2021. Furthermore, experts see more listings ahead for REITs, and office leasing hits record highs. Millennials are increasingly viewing real estate as a top investment.
Investment Insights
Experts advise on risks for NRI investments in Indian real estate. There is also a discussion around ELSS funds with high returns. Also, consider the impact of the new tax bill on your finances. Finally, SEBI scrapped transaction charges for MF distributors, which impacts investors.
