Clipped from: https://economictimes.indiatimes.com/wealth/tax/income-tax-refund-manual-verification-email-could-be-a-trap-know-how-to-identify-this-fraud-and-avoid/articleshow/122813008.cms ET OnlineITR refund manual verification Have you recently received emails claiming to be from the Income Tax department, asking you to complete manual verification of your
Category: May Look At Leisurely
‘File a form, skip the ITR?’: Govt could simplify TDS refunds for low income earners – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/file-a-form-skip-the-itr-govt-could-simplify-tds-refunds-for-low-income-earners-485449-2025-07-21 The government has reportedly accepted the committee’s recommendation and is expected to include it as an amendment to the Income-Tax Bill, 2025. The
Loan defaults at 6-quarter high: Why India’s young borrowers are struggling to repay EMIs – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/why-young-borrowers-are-defaulting-on-loans-in-tier-3-cities-and-rural-india-3921470/ Loan defaults in Tier 3 towns and rural India have surged to a six-quarter high, driven by small-ticket borrowing and rising credit card
How much liquidity does RBI want: Appropriate, adequate, or abundant? | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/how-much-liquidity-does-rbi-want-appropriate-adequate-or-abundant-125072000418_1.html Liquidity in the system had a deficit of Rs 2.4 trillion towards the end of the last financial year (on March 23); it
Risky options: Sebi should continue to educate retail investors carefully
Clipped from: https://www.business-standard.com/opinion/editorial/risky-options-sebi-should-continue-to-educate-retail-investors-carefully-125072000762_1.html A large number of retail traders dabble in futures & options (F&Os), drawn by high leverage and hopes of high returns (Photo: Reuters)
NRIs need not disclose foreign assets or income in ITR – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/nris-need-not-disclose-foreign-assets-or-income-in-itr-3919432/?ref=Alsoread_article NRIs with India-sourced income must file ITR using Form ITR-2, but need not disclose foreign assets or income unless resident. Learn rules on
A paper trail for tax deductions – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/a-paper-trail-for-tax-deductions-3920477/ Understand how to safely claim tax deductions under Chapter VI-A. Learn about common red flags like inflated claims, unverifiable donations, and the need
Now file ITR-2 online with pre-filled data: A big relief for salaried taxpayers – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/now-file-itr-2-online-with-pre-filled-data-a-big-relief-for-these-taxpayers-3918475/ If you’ve been waiting to file your income tax return (ITR) under Form ITR-2, here’s some good news. The Income Tax Department has finally activated ITR-2 for
1***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
1*******HRA exemption glitch in ITR utility may impact lakhs of salaried taxpayers, warns CA – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/hra-exemption-glitch-in-itr-utility-may-impact-lakhs-of-salaried-taxpayers-warns-ca-484786-2025-07-15 A major flaw in the ITR utility for FY 2024–25 could derail HRA claims for salaried taxpayers. Experts warn that incorrect prompts around
वडिलांच्या संपत्तीत मुलींना समान हक्क; ‘अस’ झालं तर नाही मिळत हिस्सा! न्यायालयही मदत करणार नाही | Maharashtra Times
Clipped from: https://marathi.indiatimes.com/business/real-estate-news/daughters-have-equal-rights-in-father-property-but-dont-get-share-in-this-condition-even-court-cannot-help/articleshow/122402414.cms Daughter’s Right on Father’s Property: मुलींना मालमत्तेचा अधिकार देण्यासाठी कायदे करण्यात आले आहेत. 2005 पासून वडिलांच्या मालमत्तेत मुलांप्रमाणे मुलांनाही समान हक्क देण्यात आले
Cut income tax by Rs 29,000 under new tax regime: How Gurugram-based Kumar can reduce tax to only 6.9% of income – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/cut-income-tax-by-rs-29000-under-new-tax-regime-how-gurugram-based-kumar-can-reduce-tax-to-only-6-9-of-income/articleshow/122398786.cms Under the new tax regime, there are no tax deductions and exemptions, but the standard deduction is higher at Rs. 75,000. Gurugram-based Karan
Income tax guide for NRIs returning to India from abroad: Here’s how to understand your tax liabilities for smoother transition – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/income-tax-guide-for-nris-returning-to-india-from-abroad-heres-how-to-understand-your-tax-liabilities-for-smoother-transition/articleshow/122399918.cms India’s tax laws classify individuals into three categories: NRI, Resident but Not Ordinarily Resident (RNOR), and Resident and Ordinarily Resident (ROR). For non-resident
What is cost inflation index for LTCG tax calculation under income tax rules? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/what-is-cost-inflation-index-for-ltcg-tax-calculation-under-income-tax-rules/articleshow/122392522.cms Cost inflation index is a tool that helps measure the rise in cost due to inflation. What is cost inflation index? With each passing
*’More money, less discipline?’ CoinSwitch co founder warns hidden trap of India’s new tax regime – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/more-money-less-discipline-coinswitch-co-founder-warns-hidden-trap-of-indias-new-tax-regime-484422-2025-07-13 He argues that India’s low digital tax participation is a blind spot, despite advancements making the system smarter. Yet, convenience hasn’t kept pace.
Kolte-Patil Developers Q1 pre-sales dip 13% to ₹616 cr on lower volumes – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/real-estate/kolte-patil-developers-q1-pre-sales-dip-13-to-616-cr-on-lower-volumes/article69803898.ece The company informed that its sales volume in April-June FY26 fell 12.5% to 0.84 million square feet from 0.96 million square feet in
*Tax filing eased: ITR-1 to ITR-4 see major changes for AY25-26; check which form is right for you
Clipped from: https://www.businesstoday.in/personal-finance/tax/photo/tax-filing-eased-itr-1-to-itr-4-see-major-changes-for-ay25-26-check-which-form-is-right-for-you-484388-2025-07-12/6 The Income Tax Department has revamped ITR forms for FY 2024-25 with key changes. Now, taxpayers with LTCG up to Rs 1.25 lakh
*Report capital gains in your ITR – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/your-money-report-capital-gains-in-your-itr-3911357/ Misreporting can attract penalties By Sreenivasulu Reddy Over the last decade, the Indian mutual fund industry has experienced significant growth. While many individuals
