*******Received salary from two employers in FY 2024-25? Here’s how to file your ITR correctly – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/received-salary-from-two-employers-in-fy-2024-25-heres-how-to-file-your-itr-correctly-3892254/ Here’s a simple step-by-step guide to help you file your ITR correctly, reduce errors, and stay compliant while maximising your eligible tax benefits.
*******Can you legally claim both HRA and home loan interest deductions in ITR? Here’s what income tax rules say – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/can-you-legally-claim-both-hra-and-home-loan-interest-deductions-in-itr-heres-what-income-tax-rules-say-3892319/ ITR Filing AY 2025-26: One common question most taxpayers grapple with every year when they file their income tax return (ITR) is if
*******New ITR rules: Penalty up to 200% on claiming false deductions – Income Tax News | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax-new-itr-rules-penalty-up-to-200-percent-on-claiming-false-deductions-3890837/ Even small errors in filing ITR can lead to a big trouble. Here are some common mistakes that you should avoid. Even if
*******Documents for ITR filing FY 2024-25 (AY 2025-26): Eight documents you need to file income tax return – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/documents-for-itr-filing-fy-2024-25-ay-2025-26-eight-documents-you-need-to-file-income-tax-return/articleshow/122040555.cms The last date to file income tax return for FY 2024-25 (AY 2025-26) has been extended from July 31, 2025, to September 15, 2025, by
*******Income Tax tightens Scrutiny on Big Spenders: Here’s How to Avoid Notices on High Value Transactions
Clipped from: https://www.taxscan.in/top-stories/income-tax-tightens-scrutiny-on-big-spenders-heres-how-to-avoid-notices-on-high-value-transactions-1425747 Taxpayers are urged to be diligent, accurate, and transparent in their disclosures in ITRs As the income tax return (ITR) filing season for FY 2024-25
*******Income Tax Rectification: Time Limits and Grounds for Seeking Rectification u/s 154
Clipped from: https://www.taxscan.in/top-stories/taxscan-360-income-tax-rectification-time-limits-and-grounds-for-seeking-rectification-us-154-1425778 The Supreme Court has clarified that mistakes requiring long-drawn arguments or where two opinions are possible do not fall within the ambit of
*******ITR-2, ITR-3 utilities on hold: THESE taxpayers can’t file returns yet – Are you one of them? – Income Tax News | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax-itr-2-itr-3-utilities-on-hold-these-taxpayers-cant-file-returns-yet-are-you-one-of-them-3890730/ Before you start filing ITR, check which form suits your income type. Filing your income tax return? Hold on—if you need to use ITR-2
Health insurance must be inclusive – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/health-insurance-must-be-inclusive/article69728894.ece Bulk of the premium comes from a few States, there are gaps in claims settlement, and pricing needs to be reviewed, especially for
FM flags tax appeals backlog, tells CBDT to fast-track resolution | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/fm-flags-tax-appeals-backlog-asks-cbdt-to-fast-track-resolution-125062301237_1.html Sitharaman asks tax department to resolve 5.7 lakh pending appeals, improve grievance redressal and refunds, and adopt a more taxpayer-centric approach Finance Minister
Inflation falls but not unemployment – The Hindu
lipped from: https://www.thehindu.com/opinion/op-ed/inflation-falls-but-not-unemployment/article69727573.ece Monitoring inflation while ignoring unemployment is not a credible way of assessing economic performance “For those currently employed, as most commentators on the
*******ITR-3 Filing Guide: Who Should File and Key Deadlines for FY 2025-26
Clipped from: https://www.deccanherald.com/business/everything-you-need-to-know-about-filing-itr-form-3-3532878 The Income Tax department has notified ITR form 3 to be filed by individuals and Hindu Undivided Family (HUF) having income from business
Health cover beyond hospital care – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/specials/current-account/health-cover-beyond-hospital-care/article69724857.ece Opt for medical insurance that supports both treatment and preventive care Healthcare in India is undergoing a fundamental transformation. Medical advancements, rising awareness,
RBI forex reserves to shield India from turmoil, MPC member says – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/forex/rbi-forex-reserves-to-shield-india-from-turmoil-mpc-member-says/article69726932.ece Ram Singh, an external member of the monetary policy committee with the RBI, said that he expects the country’s foreign-exchange buffer to help
Begum Samru and Pakistan – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/begum-samru-and-pakistan/article69725280.ece Like Begum Samru — who became ruler of Sardhana, a small principality near Meerut in the 18th century — Pakistan knows how to
*******Neutral stance gives flexibility to move up or down: Nagesh Kumar | Economy Interviews – Business Standard
Clipped from: https://www.business-standard.com/economy/interviews/neutral-stance-provides-flexibility-to-move-up-or-down-125062200521_1.html Nagesh Kumar, external member of the Reserve Bank of India’s (RBI’s) monetary policy committee Listen to This Article Nagesh Kumar, an external member