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Income tax refund: Why you may receive less than the amount claimed in your ITR

New Delhi, July 2 -- Many taxpayers calculate the income tax refund they expect while filing their Income Tax Return (ITR) based on the tax paid and deductions claimed during the financial year. Howev... Read More


EPFO extends outage for the third time, here's when PF services will resume

New Delhi, July 2 -- The Employees' Provident Fund Organisation (EPFO) has once again postponed the restoration of its online services, extending the outage by another day as it continues a major upgr... Read More


Trader gets Rs.21 lakh tax demand over demonetisation cash, wins at ITAT

New Delhi, July 1 -- Cash deposited during the 2016 demonetisation period cannot be treated as unexplained income merely because it involved old currency notes, the Income Tax Appellate Tribunal (ITAT... Read More


EPFO extends online service outage till July 1; services to resume from July 2

New Delhi, July 1 -- The Employees' Provident Fund Organisation (EPFO) has extended the suspension of its online member and employer services by another day, delaying the restoration of key facilities... Read More


New vs old regime: Earning Rs.20 LPA? Here's which regime saves you over Rs.1 lakh

New Delhi, July 1 -- The higher tax relief announced in Budget 2025 has made the new tax regime the preferred option for many salaried taxpayers. While lower tax rates and a higher standard deduction ... Read More


NRI selling investments? Here's how you can save capital gains tax

New Delhi, July 1 -- For many non-resident Indians (NRIs), selling Indian investments can trigger long-term capital gains (LTCG) tax. But the new Income Tax Act, 2025 offers a way to defer or even eli... Read More


Low-volatility mutual funds: Should you invest? Here's what experts say

New Delhi, July 1 -- Sharp swings in equity markets often test investors' patience and risk appetite. While some investors seek to benefit from market volatility, others look for strategies that may h... Read More


From ITR to Aadhaar: Key financial changes kicking in from July 1

New Delhi, July 1 -- Several financial and regulatory changes take effect from 1 July that could directly impact taxpayers, bank customers and Aadhaar users. Some of these changes require timely actio... Read More


Can I-T dept raise tax over alleged cash paid for property? ITAT clarifies

New Delhi, June 28 -- Can the Income Tax Department add undisclosed income to a taxpayer's return merely because documents recovered during a search on a real estate developer suggest an "on-money" pa... Read More


AMFI seeks review of decade-old $7 billion overseas MF investment cap

New Delhi, June 28 -- The Association of Mutual Funds in India (AMFI) is set to renew its demand for raising the overseas investment limit for mutual funds, arguing that the decade-old cap has become ... Read More