Category: Unread

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

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

Clipped from: https://www.business-standard.com/industry/news/motor-insurance-claims-report-theft-quickly-to-aid-investigation-recovery-125071100901_1.html Excessive delay in reporting can trigger suspicions of fraud or evidence tampering, experts say. Timely notification to both the police and the insurer

Clipped from: https://www.businesstoday.in/personal-finance/tax/story/capital-gains-tax-rules-mutual-funds-july-2024-483867-2025-07-09 Capital gains tax rules for mutual fund redemptions have changed from July 23, 2024, with new rates applying to both Long-Term (LTCG) and

Clipped from: https://www.financialexpress.com/money/itr-refund-delay-your-ay-2025-26-tax-refund-depends-on-past-return-assessments-experts-explain-new-rule-changes-3908258/ ITR Filing AY 2025-26: Over 1.05 crore income tax returns (ITRs) have been filed so far in the ongoing assessment year 2025-26. Of

Clipped from: https://www.loksatta.com/sampadkiya/editorial/brics-summit-ukraine-gaza-massacre-protest-brics-countries-conflict-russia-china-president-absence-ssb-93-5214842/ रशिया आणि चीनचे अध्यक्ष या परिषदेत अनुपस्थित राहिले; युक्रेन आणि गाझातील संहारांचा धड निषेधही ‘ब्रिक्स’ने केला नाही; ‘ब्रिक्स’ देशांतील संघर्षांबद्दलही मौनच… अग्रलेख :

Clipped from: https://www.thehindubusinessline.com/opinion/editorial/trumps-beautiful-bill-could-help-us-growth-but-at-a-cost/article69791341.ece The Act is likely to increase American growth rates, but this will come at the expense of incomes and welfare on the one

Clipped from: https://www.thehindubusinessline.com/opinion/combating-corruption/article69793078.ece Investigators need more power with safeguards Investigating officials need to be empowered to fight corruption | Photo Credit: Andrii Yalanskyi A recent Madras

Clipped from: https://www.thehindubusinessline.com/opinion/indian-economy-at-crossroads/article69793039.ece Long-term growth is likely to be range-bound at 6.5%. Private investment needs to revive quickly Indian economy: Structural issues | Photo Credit: FRANCIS

Clipped from: https://www.business-standard.com/opinion/editorial/india-must-deepen-ties-with-asean-nations-not-abandon-its-trade-agreement-125070901462_1.html Some within the government, as well as prominent voices in industry, have complained that the FTA with Asean allows for the dumping of

Clipped from: https://taxguru.in/income-tax/itat-mumbai-mandates-dvo-reference-valuation-disputes.html Fakhruddin T. Malik Vs ITO (ITAT Mumbai) Addition u/s 56(2)(vii)(b)(ii) – difference between the stamp duty value and the agreement value of two

Clipped from: https://taxguru.in/income-tax/revision-u-s-263-justified-assessment-order-erroneous-prejudicial-interest-revenue.html Chandrakant Vallabhbhai Koladia Vs PCIT (ITAT Ahmedabad) ITAT Ahmedabad held that revisionary proceedings under section 263 of the Income Tax Act not invocable

Clipped from: https://taxguru.in/income-tax/limitation-section-263-starts-original-assessment-date-issues-review-pertain-reassessment.html Shiv Vegpro Pvt. Ltd. Vs PCIT (ITAT Jaipur) The Income Tax Appellate Tribunal (ITAT) Jaipur has ruled in favor of the assessee, Shiv

Clipped from: https://timesofindia.indiatimes.com/business/financial-literacy/taxation/itr-filing-why-are-itr-2-and-itr-3-forms-still-not-available-on-income-tax-e-filing-portal-top-reasons-explained/articleshow/122224111.cms ITR filing FY 2024-25: It’s the month of July and every year this time, taxpayers are usually scrambling to get together documents to

Clipped from: https://economictimes.indiatimes.com/wealth/tax/nris-filing-itr-in-india-should-know-these-four-income-tax-related-changes/articleshow/122313359.cms The Income Tax Department has notified the income tax return (ITR) forms for FY 2024-25 (AY 2025-26). But, although software utilities for ITR-1

Clipped from: https://www.financialexpress.com/money/income-tax-dept-makes-aadhaar-otp-verification-mandatory-for-updating-these-details-on-e-filing-portal-3905802/ This move is seen as an attempt to prevent unauthorised changes to one’s profile with the Income Tax Department. This will also ensure