Clipped from: https://www.financialexpress.com/opinion/indiasnbspnextnbspcreditnbspreform/4106555/ Financial asset tokenisation offers a way to convert data-driven inclusion into credit depth. According to World Bank data, India’s domestic credit by banks to the private
*******NRI bought Rs 66 lakh property in India, paid TDS but didn’t file ITR, got tax notice; he fights and wins relief in ITAT – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/nri-bought-rs-66-lakh-property-in-india-paid-tds-but-didnt-file-itr-got-tax-notice-he-fights-and-wins-relief-in-itat/articleshow/126504842.cms On November 7, 2025, the ITAT Ahmedabad provided relief to Mr. Patel, a resident and citizen of the USA, after the tax dept sent him a notice
Prospects for faster growth amid lingering macro and structural constraints | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/prospects-for-faster-growth-amid-lingering-macro-and-structural-constraints-126011201392_1.html While the economy is well poised, key macro numbers and structural constraints continue to weigh Illustration: Binay Sinha Listen to This Article Successive
Capital Gains Tax of ₹2.28-Crore was set aside on Housing Society for developer payments to members
Clipped from: https://taxguru.in/income-tax/capital-gains-tax-%e2%82%b92-28-crore-set-housing-society-developer-payments-members.html Colombia Co-operative Housing Society Limited Vs ITO (ITAT Mumbai) Conclusion: Addition of ₹2.28 crore made as long-term capital gains in the hands of the
*******ITAT Grants Relief on Unexplained Income in ₹94-Lakh Property Sale Despite Invalid Income Tax Return [Read Order]
Clipped from: https://www.taxscan.in/top-stories/itat-grants-relief-on-unexplained-income-in-94-lakh-property-sale-despite-invalid-income-tax-return-1441776?TRN300=cEBgzRSUCAUPBvDdVWxMsKgwaszDGdMkeDUEGhPhWZxMvuFciMSkjydRkMCAsx&LKD333=3335995 The statutory mandate under section 69A requires that where the explanation furnished by the assessee is supported by credible evidence and is not
*******Why Should Parents-in-Law Pay Income Tax on Gifts Given to a Daughter-in-Law?
Clipped from: https://www.taxscan.in/top-stories/why-should-parents-in-law-pay-income-tax-on-gifts-given-to-a-daughter-in-law-1440613?from-login=836083&token=RDWEBLBKANG2QPINHG6JME8227VE14Q4NHSPG Why should parents-in-law pay income tax on income from assets they have already gifted away to their daughter-in-law? In most Indian households, financial
*Optimum credit-deposit ratio for banks is 76-80%, says SBI report | Banking – Business Standard
Clipped from: https://www.business-standard.com/industry/banking/cd-ratio-beyond-80-diminishes-profitability-gains-of-banks-sbi-report-126011201004_1.html CD ratio of banks stood at 82% as of December 15 The credit-deposit (CD) ratio beyond 80 per cent for state-owned and private
*******RBI bars resident Indians from issuing credit guarantees to NRIs | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/rbi-bars-resident-indians-from-issuing-credit-guarantees-to-nris-126011201269_1.html Resident creditors can obtain guarantees, but where both the principal debtor and the surety are non-residents, the underlying transaction must comply with foreign
*New labour codes, restructuring and provisioning impact TCS’ Q3 profit | Company News – Business Standard
Clipped from: https://www.business-standard.com/companies/news/new-labour-codes-restructuring-and-provisioning-impact-tcs-q3-profit-126011200909_1.html Statutory impact of new labour codes, AI-led restructuring costs and a large legal provision weighed on TCS’s Q3 FY26 profitability Under the new
*******Prospects for faster growth amid lingering macro and structural constraints
Clipped from: https://www.business-standard.com/opinion/columns/prospects-for-faster-growth-amid-lingering-macro-and-structural-constraints-126011201392_1.html While the economy is well poised, key macro numbers and structural constraints continue to weigh Successive years of rapid economic growth have encouraged
*******Income tax return filing rules to change: How the new law will make ITR easier in AY 2026-27 – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax-return-filing-to-be-much-easier-in-2026-here-are-key-changes-to-be-introduced-4104825/ From April 1, 2026, income tax return filing is set to become significantly easier with the new Income-tax Act, 2025. With simpler language,
End of the road for old tax Regime? What Budget 2026 may decide – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/bonds/german-bond-yields-edge-lower-after-trump-team-attacks-powell/articleshow/126479977.cms Listen to this article in summarized format In Budget 2025, one of the key reliefs introduced by the finance minister was the increased Section 87A tax rebate
*How can I ensure my wife inherits our ancestral properties without claims from my children? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/how-can-i-ensure-my-wife-inherits-our-ancestral-properties-without-claims-from-my-children/articleshow/126372717.cms Our panel of experts will answer questions related to any aspect of personal finance. If you have a query, mail it to us
*******ITR-U cannot be filed if proceedings are initiated against a taxpayer, even when it is unrelated to the income to be disclosed in ITR-U, why Budget 2026 must fix this – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/itr-u-cannot-be-filed-if-proceedings-are-initiated-against-a-taxpayer-even-when-it-is-unrelated-to-the-income-to-be-disclosed-in-itr-u-why-budget-2026-must-fix-this/articleshow/126477048.cms The most significant limitation arises once assessment, reassessment or revision proceedings are initiated or concluded for the relevant assessment year—irrespective of whether the
Income Tax Act 2025: 5 things that will change for taxpayers when new laws replace old rules – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/income-tax-act-2025-5-things-that-will-change-for-taxpayers-when-new-laws-replace-old-rules/articleshow/126477339.cms As the Financial Year 2026-27 begins from April 1, 2026, New Income Tax Act, 2025 will come into effect in India. With an aim