Clipped from: https://www.businesstoday.in/personal-finance/tax/story/can-lending-money-to-your-spouse-instead-of-gifting-help-you-avoid-income-clubbing-under-section-64-524884-2026-04-09 Lending money to your spouse instead of gifting may help you avoid income clubbing under Section 64 — but only when the transaction
Author: Anil R Tikotekar
मी यापूर्वी बँक ऑफ महाराष्ट्र मध्ये क्षेत्रीय अधिकारी म्हणून काम करत होतो. मुंबई, पुणे, सोलापूर, कोल्हापूर व लातूर येथे काम करण्याचा अनुभव आहे . १६ वर्षे मनेजर म्हणूनही काम केले आहे तसेच बँक ऑफ महाराष्ट्र मधील ट्रेनिंग कॉलेज मध्ये शिकवण्याचा देखील अनुभव आहे. माझा इमेल aniltikotekar@gmail.com असा आहे. माझी website अजून चांगली कशी होईल याबाबत सूचनांचे स्वागतच आहे. कोणत्याही आर्थिक फायदा मिळवावा अशा हेतूने ही website सुरु केलीली नाही याची नोंद वाचकांनी घेणे गरजेचे आहे. तसेच या संकेतस्थळावर दिला गेलेला सल्लाअमलात आणण्याआधी आपल्या आर्थिक बाबी माहित असण्याऱ्या व्यक्तींचा [ जसे की CA ] सल्ला घ्यावा. समाजातील काही घटनांना थोडीशी जरी मदत झाली तरी हा प्रयत्न थोडाफार तरी यशस्वी झाला असे म्हणता येईल.
*ITR forms updated for AY 2025 26: ITR 1, ITR 4 now allow reporting of two properties – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/itr-forms-updated-for-ay-2025-26-itr-1-itr-4-now-allow-reporting-of-two-properties-525138-2026-04-10 A key change this year expands eligibility, allowing taxpayers to report income from up to two house properties in ITR-1 and ITR-4. Earlier,
Executing a Will: What families must get right in controlling assets | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/executing-a-will-what-families-must-get-right-in-controlling-assets-126041000708_1.html Legal experts say establishing strict procedural control over an estate is the most vital step for executors to avoid personal liability and family
*Meal card tax benefit: Do you get it under the new tax regime? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/meal-card-tax-benefit-do-you-get-it-under-the-new-tax-regime/articleshow/130013775.cms The Income-Tax Rules, 2026, effective April 1, have raised the tax-free limit for employer-provided meal vouchers/ cards (Sodexo/Pluxee/Zaggle, etc) from Rs 50 to Rs
*Will new TDS rules change your take-home salary from April 1, 2026? Key income tax-related changes in new financial year (FY26-27) – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/will-new-tds-rules-change-your-take-home-salary-from-april-12026-key-income-tax-related-changes-in-new-financial-year-fy26-27/articleshow/129951901.cms As the new financial year (FY 26-27) begins, salaried employees should note that some changes in Tax Deducted at Source (TDS) rules have
*ITR changes from April 2026: 5 key updates for Tax Year 2026–27 explained – The Economic Times
lipped from: https://economictimes.indiatimes.com/wealth/tax/itr-changes-from-april-2026-5-key-updates-for-tax-year-202627-explained/articleshow/130014656.cms Starting April 1, 2026, the Income Tax Act, 2025 and Income Tax Rules, 2026 apply to all taxpayers. But, with these new regulations, there are
*Six big TDS & TCS changes for Tax Year 2026-27: From TDS on NRI property to TCS on overseas remittance for education, know all that has changed – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/six-big-tds-tcs-changes-for-tax-year-2026-27-from-tds-on-nri-property-to-tcs-on-overseas-remittance-for-education-know-all-that-has-changed/articleshow/130081487.cms The Finance Bill, 2026 that was approved by Parliament a few weeks ago introduced several changes relating to Tax Collected at Source (TCS)
NRI gets tax notice for transferring foreign salary to India — here’s what ITAT ruled – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/nri-gets-tax-notice-for-transferring-foreign-salary-to-india-heres-what-itat-ruled-4202500/ The income tax Assessing Officer argued that since the salary of NRI landed in an NRE account in India, it was taxable in
*New ITR forms for AY 2026-27: NRIs opting for new presumptive income scheme have to make this separate disclosure additionally – The Economic Times
clipped from: https://economictimes.indiatimes.com/wealth/tax/new-itr-forms-for-ay-2026-27-nris-opting-for-new-presumptive-income-scheme-have-to-make-this-separate-disclosure-additionally/articleshow/130161969.cms The updated income tax return (ITR) forms for AY 2026-27 now feature specific columns for reporting profits and gains from businesses that fall
*Day-count key for returning NRIs to avoid tax in India – Money News | The Financial Express
lipped from: https://www.financialexpress.com/money/day-count-key-for-returning-nris-to-avoid-tax-in-india-4203092/ They should restrict stay to 181 days to keep foreign income out of tax net Returning from West Asia? How Temporary Stays Can
Your Queries on Income Tax: Use advance tax calculator on I-T portal to find tax payable – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/your-queries-on-income-tax-use-advance-tax-calculator-on-i-t-portal-to-find-tax-payable-4203103/ Use advance tax calculator on I-T portal to find tax payable Your Tax Queries Answered: Avoiding Advance Tax Penalties and Maximizing Joint Loan
Executing a Will: What families must get right in controlling assets https://mybs.in/2g5N958 Download the BS App https://mybs.in/apps for more insights.
RBI paper suggests 1-hour lag for digital payments over ₹10k to curb frauds | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/rbi-proposes-1-hour-delay-for-digital-payments-above-10-000-to-curb-fraud-126040901368_1.html RBI proposes a one-hour delay for digital payments above Rs 10,000, alongside safeguards like trusted authentication and account monitoring, as fraud cases surge
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