New Delhi, Aug. 26 -- Freelancers and professionals filing income-tax returns for FY 2025-26 need to be careful about choosing the correct ITR form, opting for presumptive taxation and reconciling the... Read More
New Delhi, Aug. 26 -- The Income Tax Appellate Tribunal (ITAT), Delhi, has deleted Rs.2.25 crore in additions made under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax A... Read More
New Delhi, Aug. 25 -- The 7th Pay Commission used a 2.57 fitment factor, but an employee body representative says a 2.1 factor under the 8th CPC could still deliver a larger effective increase once ex... Read More
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
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
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
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
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
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
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