The Income Tax Appellate Tribunal (ITAT) Mumbai bench recently ruled that simply adding a spouse’s name to real estate documents does not automatically obligate them to pay taxes on that…
Category: Banking And Finance
‘Spent ₹1.66 lakh in May’: Bengaluru couple breaks down cost of raising a child, caring for a pet and staying fit
A -based couple has shared a detailed breakdown of their household expenses for May, offering a glimpse into the costs associated with raising a family while prioritising health and fitness…
ATMs are running out of cash. Should you be worried? Explained
Currency in circulation stood at a record ₹42.54 lakh crore as of 22 May, up nearly 12% from a year ago, according to Reserve Bank of India () data. Yet…
Repo rate unchanged: The next move for FD investors and home loan borrowers
RBI governor Sanjay Malhotra on Friday, 5 June, announced that the monetary policy committee (MPC) has decided to keep the unchanged at 5.25% and maintain the policy stance as “neutral”.…
Differential deposit rates permitted but must be transparent, says RBI Governor amid HDFC Bank row
Mumbai: The Reserve Bank of India has said banks are permitted to offer on deposits but only within clearly defined parameters and with full transparency — remarks that come in…
ITR: Want to file income-tax returns as an NRI? Check here for I-T slabs, surcharge rate, rebate marginal relief
The Income-Tax Department has notified all I-T return forms for the financial year 2025-26 i.e. the assessment year 2026-27. Further, the department has enabled Excel Utility for ITR-1 (Sahaj), ITR-2…
PPF Scheme 2026: Interest rate, tax benefits, maturity, withdrawal rules – Key feature explained
The Public Provident Fund (PPF) scheme remains one of India’s most popular long-term investment options, offering a rare combination of capital safety, guaranteed returns and tax benefits. Backed by the…
Gold, FDs or real estate? I asked experts where to invest during rupee weakness
A few days ago, I was chatting with a friend about investments when the conversation drifted, almost inevitably, to the rupee. The dollar once again, and the usual questions followed.…
8th Pay Commission: Pensioners seek age-based pension enhancement; here’s what the proposal means
8th Pay Commission: Chaired by former Supreme Court Justice Ranjana Prakash Desai, with Professor Pulak Ghosh, a tenured Professor of Finance and member of the Economic Advisory Council to the…
8th Pay Commission delayed again: Why is the process taking longer than usual? 5 key issues explained
The 8th Pay Commission has once again extended the deadline for stakeholders to submit their inputs, this time until June 15. The submission process was originally launched on March 5,…