Clipped from: https://www.business-standard.com/finance/personal-finance/rbi-makes-kyc-easier-banks-must-send-three-reminders-before-account-freeze-125061300267_1.html Banks must give written reminders before KYC deadline, says RBI RBI Listen to This Article In a move aimed at strengthening consumer protection
US tariff revenue hits record high in May, helping cut budget deficit | World News – Business Standard
Clipped from: https://www.business-standard.com/world-news/us-tariff-revenue-hits-record-high-in-may-helping-cut-budget-deficit-125061200156_1.html The Treasury Department recorded $23 billion in customs-duties revenue for May, according the agency’s monthly budget statement May’s figure is more than triple
*******Advance tax alert: June 15 is a Sunday — does paying advance tax on June 16 attract penalty, interest? – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/advance-tax-payment-deadline-june-15-2025-extended-to-june-16-under-cbdt-circular-480419-2025-06-14 The first advance tax deadline for FY 2025–26 falls on Sunday, June 15, 2025, prompting confusion among taxpayers about whether payments made on
*******Rate cuts alone won’t revive growth – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/rate-cuts-alone-wont-revive-growth/article69692053.ece Measures to stimulate demand like tax breaks for consumers, infra spending and support for MSMEs can be considered Need to revive demand |
*******Back deductions with more data – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/back-deductions-with-more-data-3879299/ The Income Tax Department has released updated Excel utilities for ITR-1 and ITR-4 (AY 2025-26), introducing significant changes for taxpayers opting for the
Unaccounted income invested in crypto on I-T radar – Income Tax News | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/unaccounted-income-invested-in-crypto-on-i-t-radar/3879370/ The CBDT is actively investigating tax evasion and money laundering linked to cryptocurrency investments, specifically targeting individuals and entities who have not disclosed
‘US will want to weaken India when they…’, says Jeffrey Sachs as he discusses US deep state with Tucker Carlson – US News | The Financial Express
lipped from: https://www.financialexpress.com/world-news/us-news/us-will-want-to-weaken-india-when-they-says-jeffrey-sachs-as-he-discusses-us-deep-state-with-tucker-carlson/3879340/?ref=hometop_hp Sachs explained that the U.S. has consistently sought to undermine any nation that develops the capacity to challenge its global dominance. In an
Rate cuts alone won’t revive growth – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/rate-cuts-alone-wont-revive-growth/article69692053.ece Measures to stimulate demand like tax breaks for consumers, infra spending and support for MSMEs can be considered Need to revive demand |
11 years of Seva, Sushasan, and Garib Kalyan: From stress to strength | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/11-years-of-seva-sushasan-and-garib-kalyan-from-stress-to-strength-125061301290_1.html From twin-deficit stress to five balance sheet strength, India’s economic turnaround reflects 11 years of focused policy reforms under Prime Minister Modi’s leadership
CBDT sends emails over undisclosed crypto income in latest NUDGE drive | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/cbdt-emails-taxpayers-undisclosed-crypto-income-nudge-campaign-125061301228_1.html CBDT emails thousands of taxpayers urging them to review and update ITRs for under-reported crypto income as part of a NUDGE campaign targeting
Nearly 66% senior citizens find technology ‘confusing’, shows study
Clipped from: https://www.business-standard.com/technology/tech-news/senior-citizens-struggle-with-digital-technology-helpage-india-study-125061300809_1.html HelpAge India study shows 66 per cent of senior citizens find tech confusing, with over half fearing errors; youth often act as guides
Divorced wife to get ₹75,000/month, house: SC lays down new alimony rules | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/divorced-wife-to-get-75-000-month-house-sc-lays-down-new-alimony-rules-125061300693_1.html The apex court significantly increased a divorced wife’s monthly alimony from ₹20,000 to ₹50,000, a 2.5-fold jump within nine years of the High
*******Salaried employees, take note: Your Form 16 this year will be smarter, more detailed – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/form-16-fy-2024-25-updated-with-tds-tcs-and-increased-standard-deduction-480330-2025-06-13 Salaried employees will soon receive their Form 16 for Assessment Year 2025–26, featuring a more detailed breakdown of salary components and newly integrated
*******Earning below taxable limit? Filing a Nil ITR could still save you money; see how – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/nil-income-tax-return-filing-benefits-deadlines-compliance-india-480361-2025-06-13 A Nil Income Tax Return (ITR) is filed when an individual’s income falls below the taxable threshold, resulting in zero tax liability. Understanding
*******Tax season chaos: This Excel tool tells you exactly which ITR form to choose & file – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/tax-season-chaos-this-excel-tool-tells-you-exactly-which-itr-form-to-choose-file-480396-2025-06-13 As income tax season kicks in, many taxpayers are left scratching their heads over one basic yet crucial question — Which ITR form
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