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
Category: Seven Star
*******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
*******Navigating NRI taxes: What to know about rules, refunds and DTAA perks
Clipped from: https://www.business-standard.com/finance/personal-finance/navigating-nri-taxes-what-to-know-about-rules-refunds-and-dtaa-perks-125060900821_1.html From figuring out residency to claiming DTAA benefits, here’s how NRIs can avoid common tax mistakes and make the most of concessions on
*******Navigating NRI taxes: What to know about rules, refunds and DTAA perks | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/navigating-nri-taxes-what-to-know-about-rules-refunds-and-dtaa-perks-125060900821_1.html From figuring out residency to claiming DTAA benefits, here’s how NRIs can avoid common tax mistakes and make the most of concessions on
*******Digital Form 16: How to download document for filing Income Tax return | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/digital-form-16-how-to-download-document-for-filing-income-tax-return-125061000599_1.html Form 16. Photo: Shutterstock Salaried taxpayers will soon start receiving Form 16 from their employers to file Income Tax return (ITR) for assessment year 2025–26.
*******Excel Utility revised for filing tax returns: Here’s what has changed | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/excel-utility-revised-for-filing-tax-returns-here-s-what-has-changed-125061000730_1.html Stricter disclosure norms and additional reporting fields added to documents Spreadsheets templates in Excel Utility to file Income Tax returns for assessment year
*******Savings a/c returns drop post RBI rate cut: Where to park your idle ₹1 lakh | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/savings-a-c-returns-drop-post-rbi-rate-cut-where-to-park-your-idle-1-lakh-125061100288_1.html With savings account interest rates dropping post-RBI rate cut, moving idle money to liquid funds can offer better returns with minimal risk and
*******Centre nudges states to implement new labour codes, shifts reform goalpost
Clipped from: https://www.business-standard.com/specials/news/centre-nudges-states-to-implement-new-labour-codes-shifts-reform-goalpost-125061001402_1.html During 2019-20, Parliament consolidated 29 labour laws into four codes – Code on Wages; Code on Social Security; Occupational Safety, Health and Working
*******I T Dept targets big spenders dodging tax: Here’s full ;ist of high value transactions under watch – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/i-t-dept-targets-big-spenders-dodging-tax-heres-full-ist-of-high-value-transactions-under-watch-479449-2025-06-07 The Income Tax Department is tightening its grip on big spenders who underreport income by closely tracking high-value financial transactions. Institutions like banks,
*******New Income Tax Rules: Changes in ITR filing process for Old Tax Regime return filers – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/new-income-tax-rules-changes-in-itr-filing-process-for-old-tax-regime-return-filers-3873904/ Salaried taxpayers opting for the old tax regime must now follow a revised ITR filing process for FY 2024-25. Merely using Form 16
*******Forex cards need not mean TCS – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/your-money-forex-cards-need-not-mean-tcs-3873750/ Avoid costly travel money mistakes. Learn why forex cards are smarter than cash or credit cards for international travel. No TCS on forex
*******June 2025 tax filing & compliance deadlines: What’s due, when, and by whom | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/june-2025-tax-filing-compliance-deadlines-what-s-due-when-and-by-whom-125060400477_1.html Completing these tasks in compliance will impact your tax refunds, returns and penalties June brings deadlines to finish work for complying with tax
*******MPC pulls out all stops to support growth – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/mpc-pulls-out-all-stops-to-support-growth/article69665421.ece The policy action points to a remarkable, new-found confidence in India’s fundamentals and external account The neutral stance allows the MPC to be
*******The RBI frontloads a dream – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/the-rbi-frontloads-a-dream/article69665883.ece MPC goes for an aggressive 50 bps rate cut to support consumption and growth RBI Governor Sanjay Malhotra at the post-monetary policy press
*******I T Dept targets big spenders dodging tax: Here’s full ;ist of high value transactions under watch – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/i-t-dept-targets-big-spenders-dodging-tax-heres-full-ist-of-high-value-transactions-under-watch-479449-2025-06-07 The Income Tax Department is tightening its grip on big spenders who underreport income by closely tracking high-value financial transactions. Institutions like banks,
*******Income Tax Dept cracks down on high spenders hiding income: Strict monitoring of THESE high-value transactions – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax-dept-cracks-down-on-high-spenders-hiding-income-strict-monitoring-of-these-high-value-transactions-3871050/ The Income Tax Department is intensifying efforts to catch individuals who underreport their income but spend heavily. Using advanced data analysis and collaboration
*******Reporting of Intraday & F&O Transactions In ITR 3
Clipped from: https://taxguru.in/income-tax/reporting-intraday-f-o-transactions-itr-3.html 1. ITR-3 form is required to be filed by individual or HUF whose total income for a given assessment year includes Income from a profession