Hey there! Here’s a quick rundown of some important financial updates you should be aware of today, June 15, 2025. It’s a busy day for the Indian economy, so let’s break it down:
1. Advance Tax Reminder: Mark Your Calendars! 📅
- The
first installment of advance tax for FY 2025-26 is due TODAY. Yup, that's
right, June 15!
- Taxpayers
need to pay 15% of their total tax liability to stay on
track and avoid penalties.
- Heads
up! If you miss the deadline, expect a 1% interest charge per
month under Section 234C.
2. SBI Updates: Big Changes to "Amrit Vrishti"
Fixed Deposit Rates 💰
- The
State Bank of India (SBI) has just revised its "Amrit Vrishti"
fixed deposit interest rates—effective today!
- The
biggest change? A reduction in interest rates for the 444-day FD tenure.
This might affect your savings strategy if you’re banking with SBI.
3. Vedanta Board Meeting: Could This Affect Your
Investments? 📊
- On
June 18, Vedanta's board will meet to discuss an interim dividend
proposal.
- Keep
an eye on this one, as it could impact investor sentiment and stock
performance in the short term.
4. Market Trends: AC Sales Dip and Gold Holds
Steady 🏷️
- Even
though June saw a jump in air conditioner sales, manufacturers have
reduced their sales forecasts for the year—something to watch if you’re in
the market for one.
- Gold
prices? They’re staying stable across all purity levels, meaning steady
demand is still going strong.
Quick Recap: What You Need to Know Today 💡
- Advance
Tax: Pay 15% by today to avoid penalties (don’t forget!) ⏳
- SBI
FD Rates: Interest rates for 444-day FD reduced 🏦
- Vedanta
Meeting: Interim dividend proposal may affect stocks 📉
- Market
Trends: AC sales projections down, gold prices steady 💵
That’s all for now! Stay on top of these updates to keep
your financial game strong.
