India plans to cut consumption tax by at least 10 percentage points on nearly 175 products ranging from shampoos and hybrid cars to consumer electronics, two sources said, revealing new…
Category: Banking And Finance
How to avoid a ‘defective’ ITR filing, explains tax expert
Filing your income tax return (ITR) is not just about reporting your income and paying taxes on time. Missing certain disclosures can make your return “defective” and, in some cases,…
Explained: Why you should never invest emergency funds in stocks, mutual funds
A recent LinkedIn post by chartered accountant Abhishek Walia has struck a chord with many investors. He shared the story of one of his clients, a disciplined saver who had…
From SBI card, ITR to LPG price: 5 big money rule changes from September 1
Starting September 1, several important rule changes in banking, taxes, and household expenses will come into effect. Some deadlines have been pushed forward while others are expiring soon. These updates…
Inherited Property? You Could Be Sitting On A Huge Tax Trap – Here’s How To Avoid It
New Delhi: When you receive a house or land from your parents through gift or inheritance, you don’t have to pay any tax at the time of receiving it. However,…
2,000 e-Govt Services On DigiLocker, e-District Platforms Put On Pan-India Net
New Delhi: The National e-Governance Division (NeGD) has achieved another significant milestone with the pan-India integration of e-Government services on DigiLocker and e-District platforms. All 36 states and union territories…
Will September 15 tax deadline get an extension?
With the September 15 deadline for filing income tax returns (ITRs) for Assessment Year 2025–26 drawing closer, on the e-filing portal. Instead of a seamless process, many are finding themselves…
See How Rs 1 Lakh Became Over Rs 3.5 Lakh: The Shocking Truth Behind Equity, Gold, And FD Returns Revealed
New Delhi: Over the last decade, the returns from equity (Nifty 50 TRI index), gold ETF, and bank fixed deposits (FD) have varied, with each asset class offering distinct advantages…
GST rate cuts to benefit you, but categorisation will decide how much
The government is planning changes to the Goods and Services Tax (GST) structure, with a just ahead of the festive season. The GST Council, which will meet for its 56th…
Centre To Begin Pre-Budget Meetings For FY27 From October 9
New Delhi: The Department of Economic Affairs (DEA) is all set to kick off the pre-budget meetings for the financial year 2026–27 starting October 9, 2025. These important discussions, scheduled…