ITR 2025: Income tax department urges taxpayers to disclose foreign assets, income in their return

New Delhi, July 18 -- In a recent communication, the income tax (I-T) department has urged taxpayers to share details about assets held overseas and income accrued abroad. By disclosing the assets own... Read More

Income Tax: ITR-2 enabled for filing return through online mode

New Delhi, July 18 -- The income tax (I-T) department has now enabled ITR-2 for filing returns through online mode with pre-filled data at the e-filing portal. ITR-2 is meant for the individuals who ... Read More

Relief for borrowers as RBI's guidelines on loan prepayment to come into force from January 1

New Delhi, July 17 -- The Reserve Bank of India (RBI) has released a set of guidelines with regards to levy of prepayment charges in case of loans sanctioned to MSEs, something that tends to leave the... Read More

New Income Tax Bill: Taxpayers can expect THESE changes in the legislation likely to be in force from April 1 next year

New Delhi, July 17 -- The Monsoon session of Parliament will kick off on July 21 and end on August 12 and several new bills are proposed to be tabled during this time. Among these, one of the most awa... Read More

Sebi tells portfolio managers to regularly monitor social media such as Telegram, Whatsapp, Instagram? Here is why

New Delhi, July 17 -- The capital markets regulator Securities and Exchange Board of India (Sebi) has issued a new master circular for portfolio managers. The latest circular now supersedes the earlie... Read More

Income Tax: Last date to file ITR looms closer, taxpayers can make note of 5 key points

New Delhi, July 16 -- Income Tax: Only two months are remaining before the deadline to file income tax return (ITR) for FY 2024-25 expires on September 15, 2025. Last week, the income tax department ... Read More

Investing Rs.1 lakh in this aggressive hybrid fund would have grown to Rs.10 lakh in 20 years. Check how

New Delhi, July 16 -- Investing in a mutual fund scheme can deliver exceptionally high returns if you stay invested for a long time. The returns from the initial years get added actual investment, thu... Read More

UK Visa: 3,000 young professionals from India to get chosen this year; last ballot to open on July 22

New Delhi, July 16 -- Under the UK-India Young Professionals Scheme, working professionals in the age group of 18-30 can apply for a visa that allows them to live and work in the UK for upto two years... Read More

Revised income tax manual to give more ammo to taxmen to crack down on crypto income, tax defaulters: Report

New Delhi, July 16 -- The income tax (I-T) department has revised its search and seizure manual 2025 which gives new powers to officers. This also includes the power to issue look out circulars more o... Read More

Best mutual funds: THESE large cap schemes gave over 20% annualised return in past 3 years

New Delhi, July 15 -- Before investing in a mutual fund scheme, it is vital to examine the past returns of that scheme and compare the same with similar schemes in the same category. For instance, if ... Read More

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