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,