Clipped from: https://economictimes.indiatimes.com/wealth/tax/itr-alert-if-you-meet-any-of-these-8-conditions-tax-return-filing-is-a-must/articleshow/122992562.cms According to income tax laws, you have to file an income tax return if your gross taxable income goes over the basic exemption
Comprehensive*******Updated return filing via ITR-1 & ITR-2 now live on Income Tax portal for AY22 & AY23: What taxpayers should know – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/income-tax-department-enables-updated-return-filing-for-these-two-years-check-details/articleshow/122991687.cms The Income Tax Department has now enabled utilities for filing updated income tax returns (ITR-U) in ITR-1 and ITR-2 for the assessment years (AY) 2021-22
*******ITR-3 enabled for e-filing: Income taxpayers with share trading, unlisted shares investment, professional, business, other incomes can now file ITR-3 online for AY 2025-26 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/online-itr-3-filing-enabled-income-taxpayers-with-share-trading-unlisted-shares-investment-professional-business-other-incomes-can-now-file-itr-3-online-on-incometax-gov-in/iec/foportal/articleshow/122986882.cms Kind Attention Taxpayers!Income Tax Return Form of ITR-3 is now enabled for filing through online mode. Visit: https://incometax.gov.in/iec/foportal/ The Income Tax Department has enabled online
Trade deals: It’s advantage America – Editorial in The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/trade-deals-its-advantage-america/article69868940.ece A three-fold rise in US tariffs seems to be the ultimate aim US President Donald Trump with European Commission President Ursula von der
Star Health Insurance Q1 net dips 17% at ₹262 crore – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/star-health-insurance-q1-net-dips-17-at-262-crore/article69870557.ece Star Health Insurance recorded a gross written premium (GWP) of ₹3,936 crore, a 13 per cent year-on-year growth Anand Roy, MD and CEO,
Four PSBs seek 1-year extension to comply with shareholding norms
Clipped from: https://www.business-standard.com/economy/news/four-psbs-seek-deadline-extension-to-meet-minimum-public-shareholding-norms-125072901236_1.html As per SEBI norms, listed entities must reduce promoter shareholding to 75 per cent Emails sent to the five PSBs and the finance
Kolte-Patil Developers suffers Rs 17 crore loss in Q1 FY26, sales dip | Company News – Business Standard
Clipped from: https://www.business-standard.com/companies/news/kolte-patil-developers-incurs-loss-of-rs-17-crore-in-q1-fy26-125072901176_1.html Kolte-Patil Developers reports a Rs 16.99 crore loss in Q1 FY26, with a 75% YoY revenue decline; Blackstone’s entry into the company marks
Comprehensive1*******’I’m an NRI, I barely visit India… got I T notice’: Expert explains why it’s happening now – BusinessToday
lipped from: https://www.businesstoday.in/personal-finance/tax/story/im-an-nri-i-barely-visit-india-got-i-t-notice-expert-explains-why-its-happening-now-486906-2025-07-29 More NRIs are receiving unexpected income tax notices from Indian authorities. Many are unaware that income from property, investments, or even bank accounts
RBI to bring out harmonised eligibility criteria for business authorisation for UCBs – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-to-bring-out-harmonised-eligibility-criteria-for-business-authorisation-for-ucbs/article69866127.ece The RBI has invited comments on the draft directions from public/stakeholders till August 25 Business authorisation relates to expansion of the area of
Comprehensive*******Think inheritance is tax-free? Here’s what NRIs need to watch for in India | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/think-inheritance-is-tax-free-here-s-what-nris-need-to-watch-for-in-india-125072401061_1.html ‘NRIs often stumble over basics like title updates and taxes,’ says expert. Inheritance is tax-free, but rental income and gains can trigger TDS,
*Think gifting to your spouse saves tax? Big mistake. Here’s what the law says – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/think-gifting-to-your-spouse-saves-tax-big-mistake-heres-what-the-law-says-486726-2025-07-29 Under Sections 60 to 64, income transferred to a spouse, minor child, or even a Hindu Undivided Family (HUF) may still be taxed
*******Don’t rush to choose New Tax Regime, here’s how you can save Rs 1 lakh+ under old system – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/dont-rush-to-choose-new-tax-regime-you-can-save-rs-1-lakh-under-old-system-486777-2025-07-29 The new tax regime may be offering lower rates. However, you might be overlooking Rs 1 lakh or more in potential savings by
*Income tax refund in 4 hours: Taxpayers report ‘fastest-ever ITR processing’ – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax-refund-in-4-hours-taxpayers-report-fastest-ever-itr-processing-3930005/ Many taxpayers this year are receiving their income tax refunds within just a few hours of filing their ITR online — a dramatic
Comprehensive*******NRI Taxation: Mutual funds capital gain, TDS rules; STCG, LTCG tax rules from equity, debt, international, hybrid MFs and others – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/nri-taxation-mutual-funds-capital-gain-tds-rules-stcg-ltcg-tax-rules-from-equity-debt-international-hybrid-mfs-and-others/articleshow/122972758.cms In FY 2024-25 (AY 2025-26), there were changes in the capital gain tax regime affecting almost all asset classes. The new capital gains