Clipped from: https://www.business-standard.com/economy/news/small-business-credit-exposure-rises-16-per-cent-rs-46-trillion-crif-sidbi-125122600940_1.html Small business credit exposure rose 16.2 per cent to ₹46 trillion as of September 2025, though growth moderated from the previous quarter amid
8 months into FY26, states have spent only 38% of the budgeted capex | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/states-spent-38-3-per-cent-budgeted-capex-apr-nov-fy26-125122600908_1.html Sixteen of 21 states spent under half of their budgeted capex in the first eight months of FY26, while the Centre’s capex stood
Limited Scrutiny Overreach Quashes ₹90 Lakh Section 68 Addition
Clipped from: https://taxguru.in/income-tax/limited-scrutiny-overreach-quashes-rs-90-lakh-section-68-addition.html Swabhumi Vintrade Pvt. Ltd. Vs DCIT (ITAT Kolkata) AO Crossed the Red Line—Addition Beyond Limited Scrutiny Held Void – Limited Scrutiny Means Limited
Section 151(ii) Violation Invalidates Late Section 148 Notices
Clipped from: https://taxguru.in/income-tax/section-151-ii-violation-invalidates-late-section-148-notices.html Hisar Leading Bank Co-op Non-Agri Thrift & Credit Society Vs ITO (ITAT Delhi) CIT Sanction After 3 Years Is Fatal: Wrong Authority’s Approval
RBI’s new guidelines may slow expansion of urban cooperative banks
Clipped from: https://www.business-standard.com/finance/news/rbi-s-new-guidelines-may-slow-expansion-of-urban-cooperative-banks-125122600891_1.html Officials also said the new rules would raise compliance costs by over 20 per cent Officials also said the new rules would raise
Taxes in 2026: Paying rent to parents to claim HRA is legal; here’s how to save up to Rs 1.2 lakh – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/taxes-in-2026-paying-rent-to-parents-to-claim-hra-is-legal-heres-how-to-save-up-to-rs-12-lakh-508299-2025-12-26 HRA forms part of an employee’s salary package and is intended to offset rental housing costs. Although HRA is treated as taxable income,
Labour codes 2025: How 50% wage rule would alter salaries, tax outgo, retirement savings – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/labour-codes-2025-how-50-wage-rule-would-alter-salaries-tax-outgo-retirement-savings-508334-2025-12-27 At the core of the reform is a uniform definition of “wages”, limited to basic pay, dearness allowance and retaining allowance, which must
No tax on property received by son as gift from father – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/your-queries-no-tax-on-property-received-by-son-as-gift-from-father-4089571/ Get expert insights on India’s tax laws for 2025-26. Learn about tax-exempt property gifts to children, the tax implications of transferring personal shares
Probate of will can’t be blocked by tenant’s claim: Karnataka HC clarifies occupancy vs Inheritance – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/probate-of-will-cant-be-blocked-by-tenants-claim-high-court-clarifies-occupancy-vs-inheritance/articleshow/126202923.cms The Karnataka High Court held that a tenant can’t challenge a landlady’s will especially when his occupation of the land was opposed by the landlady
Liquidity matters – Opinion News | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/liquidity-matters/4089609/ As system liquidity turns negative, rate cuts alone are proving insufficient to ease borrowing costs RBI Unleashes ₹2.9 Lakh Crore Liquidity Lifeline as
New feature on ITR e-filing portal: Rectification request for these tax orders can be filed online; Here’s how it helps you – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/new-feature-on-e-filing-itr-portal-rectification-request-for-these-tax-orders-can-be-filed-online-directly-with-the-respective-authority-heres-how-it-helps-you/articleshow/126186768.cms Listen to this article in summarized format The Income Tax Department has launched a new feature that allows taxpayers to file rectification applications for specific income tax orders directly
Can Interest on home loan be added to cost of acquisition when computing capital gains?
Clipped from: https://taxguru.in/income-tax/interest-home-loan-added-cost-acquisition-computing-capital-gains.html Author’s Note A client came to me as he wanted to sell his first residential building, which he had bought five years back,