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Rs.5.31 lakh TDS refund allowed by ITAT Delhi: Why absence of an original ITR did not block the taxpayer

New Delhi, Aug. 25 -- A taxpayer who had not filed his original income tax return for assessment year 2019-20 was denied a Rs.5.31 lakh tax refund after claiming it for the first time in a return file... Read More


How India is investing in mutual funds: Longer holding periods, rising equity exposure and changing investor behaviour

New Delhi, Aug. 25 -- Indian mutual fund investors are holding investments for longer, women are taking greater equity exposure and regular-plan investors have a longer holding-period profile than dir... Read More


Highest 3-year SIP returns: SBI Gold Fund leads at 44.11%, while small-cap, mid-cap and pharma funds follow

New Delhi, Aug. 25 -- Gold has delivered a stunning lead over equity funds in the three-year SIP return race. SBI Gold Fund delivered 44.11% and Axis Gold Fund 43.84%, while the next-best funds-across... Read More


PPFAS GIFT cuts minimum investment in Nasdaq-100, S&P 500 funds from $5,000 to $500: What investors need to know

New Delhi, Aug. 25 -- Investors looking to gain exposure to US equities through PPFAS GIFT can now start with a much lower investment. PPFAS Alternate Asset Managers IFSC Private Limited has cut the m... Read More


Undisclosed foreign assets: ITAT rejects Income Tax Department appeal, upholds taxpayer's relief under Black Money Act

New Delhi, Aug. 25 -- The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has dismissed the Income Tax Department's appeal in a Black Money Act case involving Tarun Trikha, after finding no re... Read More


Used UPI or NEFT for a large payment? Here's what the Income Tax Department may actually look at

New Delhi, Aug. 24 -- Using UPI, NEFT, RTGS or IMPS to transfer money does not, by itself, mean the transaction will trigger an income tax notice. The Income Tax Department's reporting and compliance ... Read More


Wrong EPF dates can cause trouble: Check your joining and exit dates before transferring or withdrawing PF

New Delhi, Aug. 24 -- An incorrect date of joining or exit in your Employees' Provident Fund (EPF) record may look like a routine clerical error, but it can create problems when you transfer your PF, ... Read More


Your ESOPs may be worth Rs.1 crore. But how much will you actually take home? | ESOP cash out explained

New Delhi, Aug. 24 -- For employees at startups and other companies offering employee stock options, an ESOP grant can become a meaningful part of their wealth. But a Rs.1 crore value attached to thos... Read More


Multiple health insurance policies: Can you claim from two insurers for the same hospital bill? Experts explain

New Delhi, Aug. 24 -- Medical emergencies can leave policyholders facing hospital bills that run into several lakhs of rupees. This is one reason people often build more than one layer of health cover... Read More


Which asset class will outperform next? Experts say investors should focus on asset allocation instead of chasing winner

New Delhi, Aug. 23 -- With equities, debt and precious metals moving through different cycles, investors are facing a familiar dilemma. Should they try to identify the next outperforming asset class o... Read More