Clipped from: https://www.business-standard.com/finance/personal-finance/nris-buying-health-cover-for-parents-real-challenge-begins-at-claim-time-126022000570_1.html 95% Claims Settled, But NRIs Still Struggle Managing Parents’ Health Insurance Illustration: Binay Sinha Listen to This Article Senior health insurance in India
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Cheque bounced? Experts weigh in on fines, jail risk and credit hit | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/cheque-bounced-experts-weigh-in-on-fines-jail-risk-and-credit-hit-126022000780_1.html ‘Most cases end in settlement, not jail,’ say lawyers, but ignoring the 15-day notice can trigger court action and credit damage Cheque(Photo: Shutterstock)
Dealing with a tax notice? Correct errors via updated ITR and pay dues
Clipped from: https://www.business-standard.com/finance/personal-finance/dealing-with-a-tax-notice-correct-errors-via-updated-itr-and-pay-dues-126022200442_1.html If your claim was genuine, submit documents to back it up Photo: Shutterstock Listen to This Article Tax authorities have stepped up scrutiny
‘Do not share OTP or Aadhaar details’, PM warns amid rising digital fraud | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/do-not-share-otp-or-aadhaar-details-pm-warns-amid-rising-digital-fraud-126022300304_1.html Fake calls and links are being used to dupe bank customers, PM says, stressing timely re-KYC and stronger password habits Feb. 19, 2026,
Bank account suddenly blocked? Why it happens and what’s the solution | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/bank-account-suddenly-blocked-why-it-happens-and-what-s-the-solution-126022500606_1.html From compliance gaps to legal mandates, understanding the specific trigger behind a restricted account is the first step toward restoring your financial access
NRI bought Rs 2 crore Mumbai flat, got tax notice for ‘unexplained money’ — ITAT clarifies tax rule on foreign income – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/nri-bought-rs-2-crore-mumbai-flat-got-notice-for-unexplained-money-itat-clarifies-tax-rule-on-foreign-income-4153498/ A Dubai-based NRI who bought a ₹2 crore flat in Mumbai without filing an ITR in India received a tax notice treating the
Salaried employee claims wrong deductions, pays tax later — ITAT upholds 200 pc penalty – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/salaried-employee-faces-200-pc-penalty-despite-paying-tax-heres-what-itat-said-on-wrong-income-tax-deductions-4154342/ A salaried taxpayer who wrongly claimed ₹10.65 lakh in Chapter VI-A deductions for AY 2022-23 ended up paying a 200% penalty after the
Old Will, new trouble: Key steps that decide whether your Will survives legal scrutiny – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/old-will-new-trouble-key-steps-that-decide-whether-your-will-survives-legal-scrutiny/articleshow/128770364.cms Listen to this article in summarized format Recently there was a case in Chhattisgarh High Court where a grandfather’s Will from 30 years ago failed
Denied Rs 91.45 lakh capital gains deduction after selling a plot, taxpayer challenges Income Tax Department’s order in ITAT and wins case – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/denied-rs-91-45-lakh-capital-gains-deduction-taxpayer-challenges-income-tax-departments-order-in-itat-and-wins-case/articleshow/128779280.cms Listen to this article in summarized format The Income Tax Appellate tribunal (ITAT) Appellate Pune ruled that even if an individual has failed
Lady with Rs 3.4 lakh annual income gets a Rs 33 lakh property via gift deed; tax dept sends notice; she wins in ITAT Delhi – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/lady-with-rs-3-4-lakh-annual-income-gets-a-rs-33-lakh-property-via-gift-deed-tax-dept-sends-notice-she-wins-in-itat-delhi/articleshow/128750835.cms Listen to this article in summarized format On February 4, 2026, the Income Tax Appellate Tribunal (ITAT) Delhi ruled that a gift of property made
16 large financial transactions you can’t hide from Income Tax Department: Deposit, withdrawal, cash payments and more – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/16-large-financial-transactions-you-cant-hide-from-income-tax-department-deposit-withdrawal-cash-payments-and-more/articleshow/128774546.cms Listen to this article in summarized format If you engage in large financial transactions, chances are that the details are being automatically reported
Denied Rs 91.45 lakh capital gains relief, taxpayer appeals in ITAT; tribunal turns the table on Income Tax Department – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/denied-rs-91-45-lakh-capital-gains-deduction-taxpayer-challenges-income-tax-departments-order-in-itat-and-wins-case/articleshow/128779023.cms Listen to this article in summarized format The Income Tax Appellate Tribunal (ITAT) Pune has ruled that even if an individual has failed
Income tax Act 2025: Section 247 allows digital searches, but not AI scrutiny, clarifies govt – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/income-tax-act-2025-section-247-allows-digital-searches-but-not-ai-scrutiny-clarifies-govt-517281-2026-02-20 The Finance Ministry has clarified that Section 247 does not reference AI and does not create any new or blanket powers. According to
Handwriting opinion not required when whole Will is disputed as daughter challenges father’s Will: Supreme Court – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/handwriting-opinion-not-required-when-whole-will-is-disputed-as-daughter-challenges-fathers-will-supreme-court/articleshow/128456394.cms Listen to this article in summarized format On January 27, 2026, the Supreme Court of India held that a handwriting expert’s opinion is
Delhi bank locker row: Rs 60 lakh jewellery loss claim sparks big questions on liability and compensation; Know your rights and how to protect your valuables – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/delhi-bank-locker-row-rs-60-lakh-jewellery-loss-claim-sparks-big-questions-on-liability-and-compensation-know-your-rights-and-how-to-protect-your-valuables/articleshow/128545317.cms Listen to this article in summarized format A lady claimed that her Rs 60 lakh worth gold ornaments and jewellery went missing from
Unchallenged will enough for land mutation, says Supreme Court; sale agreement holder loses claim – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/unchallenged-will-enough-for-land-mutation-says-supreme-court-sale-agreement-holder-loses-claim/articleshow/128600126.cms Listen to this article in summarized format On December 19, 2025 the Supreme Court ruled that according to the Madhya Pradesh Land Revenue Code, 1959,
Cash gifts from family, relatives not exempt from income tax if you fail to explain these details: ITAT ruling – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/cash-gifts-from-family-relatives-not-exempt-from-income-tax-if-you-fail-to-explain-these-details-says-itat-4150996/ A recent ITAT ruling has shown that even tax-free gifts from relatives can become taxable if proper donor details are not maintained. In
Income Tax Refund scam alert: Fake refund message costs taxpayer Rs 1.5 lakh — Here’s how you can stay safe – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax-refund-scam-alert-fake-refund-message-costs-taxpayer-rs-1-5-lakh-heres-how-you-can-stay-safe-4151022/ Amid growing concerns over income tax refund delays, scammers are targeting anxious taxpayers with fake “pending refund” messages. After one taxpayer lost ₹1.5
Income tax notice to high earners: How a Rs 10.65 lakh wrong deduction triggered Rs 9.44 lakh demand and 200% penalty – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax-notice-to-high-earners-how-a-rs-10-65-lakh-wrong-deduction-triggered-rs-944-lakh-demand-and-200-penalty-4151148/ A high-income taxpayer’s Rs 10.65 lakh wrong deduction claim resulted in a Rs 9.44 lakh additional tax demand, including a steep 200% penalty.
Widow wins right to higher pension and dues: Allahabad HC allows claim based on husband’s 1993 regularisation – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/widow-wins-right-to-higher-pension-and-dues-allahabad-hc-allows-claim-based-on-husbands-1993-regularisation/articleshow/128741063.cms Listen to this article in summarized format On February 5, 2026, the Allahabad High Court ruled that the legal representative of the deceased employee may