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Buying property from an NRI? TAN is mandatory until September 30, 2026; Know TDS rules and what changes from October 1

New Delhi, Aug. 27 -- The requirement for resident individuals and HUFs buying immovable property from an NRI to obtain a Tax Deduction Account Number (TAN) will end from October 1, 2026. However, the... Read More


VRS payout tax: Is severance pay taxable? Pune ITAT rules Rs.65.21 lakh Pfizer retirement payout was not taxable

New Delhi, Aug. 27 -- A Rs.65.21 lakh payment received by a former Pfizer Healthcare India employee under a voluntary retirement scheme (VRS) is not taxable, the Pune Bench of the Income Tax Appellate... Read More


EPF Coverage Missed For Eligible Workers? EPFO Opens Special Enrolment Window Till October 31, 2026

New Delhi, Aug. 27 -- Employers who failed to enrol eligible workers under the Employees' Provident Fund (EPF) scheme in the past have another opportunity to regularise those records. The Employees' ... Read More


8th Pay Commission pension rules: Why employee and pensioner bodies want faster restoration of commuted pension

New Delhi, Aug. 27 -- Central government pensioners and employee organisations are seeking a reduction in the 15-year period for restoration of commuted pension. Several associations have urged the 8t... Read More


Have EPF through your job? Here's why investing in NPS too could help young investors build retirement wealth

New Delhi, Aug. 27 -- For young salaried employees, the Employees' Provident Fund (EPF) is often the first step towards building a retirement corpus. But should investors who already contribute to EPF... Read More


Used LIC policy as collateral for a loan? Know what the lender can do if you fail to repay the outstanding dues

New Delhi, Aug. 27 -- If you have taken a loan against a life insurance policy, you may assume that the insurer cannot surrender the policy without your consent. A recent ruling of the National Consum... Read More


Home Loan Insurance Claim Rejected After Borrower's Death: NCDRC Explains Why Medical History Disclosure Matters

New Delhi, Aug. 26 -- A home loan insurance policy does not necessarily protect a borrower's family from the outstanding loan if the policyholder is found to have withheld material information about a... Read More


Delhi Lakshmi Yojana: 4,000 women to get sanction letters on August 26, Rs.2,500 aid from September 1

New Delhi, Aug. 26 -- The Delhi government is set to formally launch the Delhi Lakshmi Yojana on Wednesday, August 26, with Chief Minister Rekha Gupta scheduled to hand over sanction letters to around... Read More


Section 87A rebate denied by CPC on STCG? ITAT Jaipur ruling offers relief to taxpayer for AY 2024-25

New Delhi, Aug. 26 -- The Income Tax Appellate Tribunal (ITAT), Jaipur Bench, has ruled in favour of a taxpayer who was denied a Section 87A rebate on tax payable on short-term capital gains (STCG) un... Read More


Named a nominee for your investments? Know when legal heirs can still claim a share in your mutual funds, shares

New Delhi, Aug. 26 -- Naming a nominee for your investments does not necessarily mean that the nominee becomes the final owner after your death. For investments such as shares, demat securities and mu... Read More