Clipped from: https://www.business-standard.com/finance/personal-finance/divorced-wife-to-get-75-000-month-house-sc-lays-down-new-alimony-rules-125061300693_1.html The apex court significantly increased a divorced wife’s monthly alimony from ₹20,000 to ₹50,000, a 2.5-fold jump within nine years of the High
Day: June 13, 2025
*******Salaried employees, take note: Your Form 16 this year will be smarter, more detailed – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/form-16-fy-2024-25-updated-with-tds-tcs-and-increased-standard-deduction-480330-2025-06-13 Salaried employees will soon receive their Form 16 for Assessment Year 2025–26, featuring a more detailed breakdown of salary components and newly integrated
*******Earning below taxable limit? Filing a Nil ITR could still save you money; see how – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/nil-income-tax-return-filing-benefits-deadlines-compliance-india-480361-2025-06-13 A Nil Income Tax Return (ITR) is filed when an individual’s income falls below the taxable threshold, resulting in zero tax liability. Understanding
*******Tax season chaos: This Excel tool tells you exactly which ITR form to choose & file – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/tax-season-chaos-this-excel-tool-tells-you-exactly-which-itr-form-to-choose-file-480396-2025-06-13 As income tax season kicks in, many taxpayers are left scratching their heads over one basic yet crucial question — Which ITR form
Activation of inoperative accounts, unclaimed deposits: RBI asks banks to allow KYC updation at non-home branches – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/money-and-banking/activation-of-inoperative-accounts-unclaimed-deposits-rbi-asks-banks-to-allow-kyc-updation-at-non-home-branches/article69687930.ece The Central bank issued the aforementioned revised instructions on “Updation/ Periodic Updation of KYC” as it has observed a large pendency in periodic
*******Filing Income Tax Returns and Common Mistakes to Avoid
Clipped from: https://cleartax.in/s/return-filing-mistakes The due date for filing tax returns for individual taxpayers is 31st July of the assessment year. Putting it off until the last
*******How to file ITR online: Step-by-step guide for e-filing income tax return for AY2025-26 – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/how-to-file-itr-online-step-by-step-guide-for-e-filing-income-tax-return-for-ay2025-26-3865728/ Though ITR filing can still be done via offline and online mode both, most taxpayers nowadays prefer filing ITR online using the Income
*******ITR Filing AY 2025-26: Offline utilities for THESE tax return forms available now – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/itr-filing-ay-2025-26-offline-utilities-for-these-tax-return-forms-available-now-3877530/ ITR Filing 2025: Common Offline Utilities (JavaScript-based/JSON utility) are built on the latest system architecture adopted by the Income Tax Department. These utilities
*******ITR filing FY2024 25: Who all can skip filing returns this assessment year – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/itr-filing-fy2024-25-who-all-can-skip-filing-returns-this-assessment-year-479918-2025-06-11 Income tax return filing for FY 2024-25 (AY 2025-26) is now open, with the deadline extended to September 15, 2025. Taxpayers must assess