Clipped from: https://www.financialexpress.com/money/crypto-gains-in-fy25-which-itr-form-to-use-while-filing-returns-in-ay-2025-26-3921596/ If you earned from cryptocurrency in FY25, it is essential to choose the correct ITR form while filing returns in AY 2025-26. With
Income tax refund ‘Manual Verification’ email could be a trap: Know how to identify this fraud and avoid – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/income-tax-refund-manual-verification-email-could-be-a-trap-know-how-to-identify-this-fraud-and-avoid/articleshow/122813008.cms ET OnlineITR refund manual verification Have you recently received emails claiming to be from the Income Tax department, asking you to complete manual verification of your
‘File a form, skip the ITR?’: Govt could simplify TDS refunds for low income earners – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/file-a-form-skip-the-itr-govt-could-simplify-tds-refunds-for-low-income-earners-485449-2025-07-21 The government has reportedly accepted the committee’s recommendation and is expected to include it as an amendment to the Income-Tax Bill, 2025. The
Loan defaults at 6-quarter high: Why India’s young borrowers are struggling to repay EMIs – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/why-young-borrowers-are-defaulting-on-loans-in-tier-3-cities-and-rural-india-3921470/ Loan defaults in Tier 3 towns and rural India have surged to a six-quarter high, driven by small-ticket borrowing and rising credit card
*******Investors filing tax using LRS route must disclose foreign assets, income
Clipped from: https://www.business-standard.com/finance/personal-finance/investors-filing-tax-using-lrs-route-must-disclose-foreign-assets-income-125071701334_1.html Misreporting may invite penalty as high as Rs 10 lakh, can go up to 200 per cent of the tax due The Income-Tax
*Perplexity in talks with phone makers to preload Comet browser on devices | Tech News – Business Standard
Clipped from: https://www.business-standard.com/technology/tech-news/perplexity-in-talks-with-phone-makers-to-preload-comet-browser-on-devices-125072100215_1.html Perplexity is in between discussions with phone makers to ship smartphones with its new Comet browser as a pre-installed application By – Akash
The art of meetings: Cabinet secretary offers progressive suggestions | Editorial Comment – Business Standard
Clipped from: https://www.business-standard.com/opinion/editorial/the-art-of-meetings-cabinet-secretary-offers-progressive-suggestions-125072000773_1.html By encouraging a structured approach to interactions with non-officials, the aim, no doubt, is to make the bureaucracy more proactive and responsive to
60 days or less: H-1B Workers get deportation notices despite legal status | Immigration News – Business Standard
Clipped from: https://www.business-standard.com/immigration/h-1b-visa-holders-getting-deportation-notices-in-60-day-grace-explained-125072100205_1.html Some H-1B visa holders are being issued deportation notices while still within their 60-day legal grace period, raising concerns over USCIS enforcement practices
*******India Inc’s profit boom has a name: It’s called the Herfindahl Index | Industry News – Business Standard
Clipped from: https://www.business-standard.com/industry/news/india-inc-profit-boom-hides-consolidation-herfindahl-hirschman-index-explained-125071700945_1.html What is the Herfindahl-Hirschman Index (HHI), and what does it say about competition, monopolies, and industry growth in India Sectors such as telecom,
How much liquidity does RBI want: Appropriate, adequate, or abundant? | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/how-much-liquidity-does-rbi-want-appropriate-adequate-or-abundant-125072000418_1.html Liquidity in the system had a deficit of Rs 2.4 trillion towards the end of the last financial year (on March 23); it
Risky options: Sebi should continue to educate retail investors carefully
Clipped from: https://www.business-standard.com/opinion/editorial/risky-options-sebi-should-continue-to-educate-retail-investors-carefully-125072000762_1.html A large number of retail traders dabble in futures & options (F&Os), drawn by high leverage and hopes of high returns (Photo: Reuters)
NRIs need not disclose foreign assets or income in ITR – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/nris-need-not-disclose-foreign-assets-or-income-in-itr-3919432/?ref=Alsoread_article NRIs with India-sourced income must file ITR using Form ITR-2, but need not disclose foreign assets or income unless resident. Learn rules on
A paper trail for tax deductions – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/a-paper-trail-for-tax-deductions-3920477/ Understand how to safely claim tax deductions under Chapter VI-A. Learn about common red flags like inflated claims, unverifiable donations, and the need
*Sold property to save tax? This “safe” move could silently wipe out ₹9.6 lakh in returns – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/sold-property-to-save-tax-this-safe-move-could-silently-wipe-out-rs96-lakh-in-returns-485355-2025-07-19 If your only goal is to save every rupee in tax, 54EC bonds do their job. But for investors with time and the
*******Cash payments or UPI, GST registration is mandatory if registration turnover satisfied: Here’s what Karnataka tax department clarified – The Economic Times
lipped from: https://economictimes.indiatimes.com/wealth/tax/switching-from-upi-to-cash-wont-help-in-avoiding-tax-notice-if-turnover-crosses-gst-registration-threshold-heres-what-karnataka-state-gst-department-said/articleshow/122766635.cms GST notice can be sent even if you use cash instead of UPI if turnover crosses registration threshold; Here’s what Karnataka State GST
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