Homeowners, read this first: Mortgage interest and property taxes only help in 2026 if you itemize, and many are better off skipping itHomeowners may want to look twice before claiming mortgage interest and property taxes as tax breaks in 2026. Those expenses help only when...
03 Oct, 2026, 05.49 PM IST
Son sells ancestral land for Rs 8 crore, buys 2 more properties; gets income tax notice but wins at ITAT Chandigarh: Know whyA family from Panchkula owned some ancestral land in a village. A member of this family sold his share of the the said land for Rs 8 crore ...
03 Oct, 2026, 12.17 PM IST
Homebuyers of Supertech projects worried over constant delay to approach Supreme CourtHomebuyers of 16 stalled housing projects by Supertech are planning to approach the Supreme Court again. They are frustrated with the lack ...
03 Oct, 2026, 11.01 AM IST
Many Americans overlook this: The new $7,500 IRA limit is one of the simplest ways to save on taxes in 2026, and it is still open todayThe 2026 tax rules quietly give retirement savers more room to plan. The IRA contribution limit has climbed to $7,500, while 401(k), 403(b)...
02 Oct, 2026, 11.11 PM IST
Own a small business? This 2026 tax deduction could reduce your taxable income by up to 20%Small business tax break 2026: Small-business owners could get a valuable tax break in 2026 through the qualified business income deduction...
02 Oct, 2026, 10.05 PM IST
India's housing construction pipeline nearly doubles to $430 billion in 2025: ReportIndia’s housing construction pipeline nearly doubled to $430 billion in 2025 from $235 billion in 2019, reflecting strong post-pandemic dem...
02 Oct, 2026, 08.56 PM IST
Before you itemize, check this: 2026’s $16,100 standard deduction could beat your write-offsThe IRS has raised the 2026 standard deduction to $16,100 for single taxpayers, with higher amounts for married couples and heads of househ...
02 Oct, 2026, 08.27 PM IST
Got a high-deductible plan? How to maximize your $4,400 HSA limit and unlock 3 tax advantages in 2026Health savings accounts (HSA), offer three significant tax advantages for qualified expenses related to medical care. Individuals can contr...
02 Oct, 2026, 07.10 PM IST
Andhra Pradesh commercial tax collections rise 18 pc to Rs 30,436 cr in H1Andhra Pradesh’s commercial tax collections rose 18% year-on-year to Rs 30,435.98 crore during April-September 2026, with September recordi...
02 Oct, 2026, 03.03 PM IST
Tax audit deadline extended: Key checks taxpayers should make before filing income tax returnThe CBDT has announced an extension for tax audit and ITR filing deadlines for Assessment Year 2026-27. Taxpayers must now file their retur...
01 Oct, 2026, 05.47 PM IST
PPF interest rate October- December 2026: Has Public Provident Fund interest rate hiked for this quarter?The Ministry of Finance has reviewed interest rates for small savings schemes including the Public Provident. The rates will stay the same ...
01 Oct, 2026, 12.05 PM IST
Diesel price hits record highs ahead of U.S. midterm elections 2026: Texas, California, other key political states are taking measures to offer relief for Americans. Details hereDiesel price today: White House is considering regulatory relief that would allow broader sales of red-dyed diesel, a move that could allow...
30 Sep, 2026, 06.37 PM IST
Rs 9.91 lakh income tax refund for senior citizen after proving that he mistakenly paid income tax on tax-free bonds; ITAT Delhi order explainedMr Ajay Kumar Bakaya a senior citizen from Gurgaon faced a significant tax issue when he accidentally overpaid income tax on his tax-free b...
30 Sep, 2026, 05.43 PM IST
My NRI status changed. Will interest earned on my NRE FDs be taxable in India?ET Wealth reader's query: I was an NRI until FY2024–25. After relocating to India, my residential status changed to ‘resident’ from FY2025–...
29 Sep, 2026, 12.45 PM IST
Buying property from an NRI? Know the new TDS, PAN, and Form 141 rules effective October 1Beginning 1 October 2026, resident Indian buyers will enjoy simplified compliance when purchasing property from non-resident sellers. They ...
28 Sep, 2026, 11.29 AM IST
Can you save tax by gifting money to your HUF? How Section 99 changes the tax equationMoney or property gifted by a member to an HUF may not be taxable in the HUF’s hands because of the “relative” exemption. But the tax conse...
28 Sep, 2026, 11.07 AM IST
After GST exemption, retail policy base rises 11% for Star HealthExempting individual health insurance premiums from GST has led to increased policy adoption across various demographics. Star Health repor...
27 Sep, 2026, 09.26 PM IST