Clipped from: https://www.businesstoday.in/personal-finance/tax/story/ulip-tax-confusion-lands-investor-with-rs-248-crore-penalty-itat-steps-in-to-overturn-it-507906-2025-12-23 For years, Unit Linked Insurance Plans (ULIPs) were promoted as a one-stop financial solution, offering life cover, market-linked growth, and tax-free maturity benefits.
Month: December 2025
Old tax regime nearing its end as Rs 12.75 lakh tax-free income reshapes Budget 2026 expectations? – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/old-tax-regime-nearing-its-end-as-rs-12-75-lakh-tax-free-income-reshapes-budget-2026-expectations-4085858/ The move to make income up to Rs 12.75 lakh effectively tax-free under the new tax regime has sharply reduced the relevance of
PIB Fact Check on X: “A post by @IndianTechGuide claims that from April 1, 2026, the Income Tax Department will have the ‘authority’ to access your social media, emails, and other digital platforms to curb tax evasion. #PIBFactCheck ❌The claim being made in this post is #misleading! Here’s the real https://t.co/hIyPPcvALF” / X
Clipped from: https://x.com/PIBFactCheck/status/2003063216386228451?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E2003063216386228451%7Ctwgr%5Eeb53bc44a184d254cb59b18d7947ccc5fe29382f%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.financialexpress.com%2Fmoney%2Fyour-social-media-accounts-emails-digital-assets-on-income-tax-depts-radar-from-april-1-2025-govt-clarifies-4086321%2F A post by @IndianTechGuide #PIBFactCheckThe claim being made in this post is #misleading! Here’s the real picture:The provisions of section 247 of the Income
Lower repo rate link to lending – Opinion News | The Financial Express
Interest rates do affect growth in credit, but may not be the clinching factor Clipped from: https://www.financialexpress.com/opinion/lower-repo-rate-link-to-lending/4085730/ Interest rates do affect growth in credit, but may
I have a brother and a sister, but no family partition deed. How will my parents’ property be divided after their death? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/i-have-a-brother-and-a-sister-but-no-family-partition-deed-how-will-my-parents-property-be-divided-after-their-death/articleshow/126136248.cms Listen to this article in summarized format These are a set of queries raised by ET Wealth readers, which have been answered by
Employer can’t deny NOC for passport due to pending disciplinary proceedings: Odisha High Court
Read more at:https://economictimes.indiatimes.com/wealth/legal/will/employer-cant-deny-noc-for-passport-due-to-pending-disciplinary-proceedings-odisha-high-court/articleshow/126104009.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/employer-cant-deny-noc-for-passport-due-to-pending-disciplinary-proceedings-odisha-high-court/articleshow/126104009.cms Listen to this article in summarized format On November 11, 2025, the Odisha High Court ruled that an employer’s refusal
Govt scraps mandatory probate of wills: Is voluntary probate still a smart move? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/govt-scraps-mandatory-probate-of-wills-is-voluntary-probate-still-a-smart-move/articleshow/126137433.cms The Indian government earlier this week has abolished 71 obsolete laws and amended 4 existing laws. A major update concerning the Indian Succession Act,
Will the Income Tax Department be able to access your social media and emails from April 1, 2026? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/will-the-income-tax-department-be-able-to-access-your-social-media-and-emails-from-april-1-2026/articleshow/126141336.cms A message being widely circulated on social media platforms claims that from April 1, 2026, the Income Tax Department will have the authority
Can the Income Tax Department access your e mails, social media from April 1, 2026? – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/explainer-can-the-income-tax-department-access-your-e-mails-social-media-from-april-1-2026-507730-2025-12-22 According to PIB Fact Check, the claim misrepresents the scope of the law. The government has emphasised that there is no blanket or routine
Home / Economy / News / NRI deposit inflows dip to $8.3 billion in April-October, shows RBI data
NRI deposit inflows dip to $8.3 billion in April-October, shows RBI data Clipped from: https://www.business-standard.com/economy/news/nri-deposit-inflows-dip-to-8-3-billion-in-april-october-shows-rbi-data-125122201089_1.html NRI deposit inflows moderated to $8.3 billion in April-October FY26, mainly
NRI deposits fall 30% in April-October – Banking & Finance News | The Financial Express
Clipped from: https://www.financialexpress.com/business/banking-finance-nri-deposits-fall-30-in-april-october-4085551/ The fall in the first seven months of the fiscal was driven by foreign currency non-resident bank (FCNR(B) deposits. The FCNR(B) deposits declined
Insurance companies can’t reject claim by delaying cheque presentation
Clipped from: https://www.business-standard.com/opinion/columns/insurance-company-can-t-reject-claim-by-delaying-cheque-presentation-125122100716_1.html The Bombay High Court ruled that an insurer cannot reject a claim by delaying the deposit of a valid premium cheque, holding the
Aditya Birla Capital Digital offers digital will to simplify legacy planning – The Economic Times —
Aditya Birla Capital Digital offers digital will to simplify legacy planning Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/aditya-birla-capital-digital-offers-digital-will-to-simplify-legacy-planning/articleshow/126115021.cms Most Indians tend to see a will as something to think about
What if CPC misses ITR processing deadline? Here’s how taxpayers can legally claim their refund – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/what-if-cpc-misses-itr-processing-deadline-heres-how-taxpayers-can-legally-claim-their-refund/articleshow/126118133.cms Listen to this article in summarized format If you have filed an income tax return (ITR) by the due date or the belated
Gifts to daughter-in-law are tax-free, but parents-in-law pay tax on income; Why Budget 2026 should fix this anomaly – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/gifts-to-daughter-in-law-are-tax-free-but-parents-in-law-pay-tax-on-income-why-budget-2026-should-fix-this-anomaly/articleshow/126103193.cms Listen to this article in summarized format Many taxpayers don’t realise that while gifts to a daughter-in-law are tax-free, the income generated from those gifts is
Residential vs Commercial Property Under GST: Rental Income Taxability, RCM & ITC Explained
Clipped from: https://www.taxscan.in/top-stories/residential-vs-commercial-property-under-gst-rental-income-taxability-rcm-itc-explained-1440304?TRN300=sEKwjRcDcADqkECubcsMCKgGaCZdwUMkecdkScqxwjgMEUFcyMCkjYdqbMsaSx&LKD333=3290516 The Article explores the critical nuances concerning the GST Applicability on Rental income. According to India’s Goods and Services Tax (GST) system, whether rental income