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GREEKS ARE PAYING INCOME TAX
ITR filing guide: Know when tax return filing is mandatory, who needs to file and who is exemptIndividuals and Hindu Undivided Families (HUFs) are required to file income tax returns (ITR) if their total taxable income before the appl...- Best Greek Proverb of the Day: ‘The unripe grape becomes sweet like…’ Powerful saying on patience and growthAchieving significant goals demands patience and consistent effort, much like an unripe grape slowly sweetening. Meaningful growth, whether...
- Didn’t report FD interest in your ITR? Here’s how you can still correct the mistakeMissed reporting your Fixed Deposit interest in your Income Tax Return? Don't worry, you can still fix it. The Income Tax Department receiv...
- Husband has to pay income tax on wife’s earnings from FD, gold, shares under clubbing of income in these casesITR filing: Transferring investments to your spouse to save taxes is a common misconception. The Income Tax Department scrutinises fund sou...
- Greek proverb of the day: 'Take an old man's counsel and an experienced man's...' - inspiring life lessons on how experience and advice from elders can shape a better future for youGreek proverb of the day: Greek saying underscores the profound value of seeking counsel from elders and experienced individuals. Their acc...
- No income tax on these 8 earnings: Check if you qualify for exemption
- Taking a second loan for home loan repayment? Claim tax deduction on both under old tax regime for Tax Year 2026-2027Homeowners can now potentially claim tax deductions on interest paid for both their original home loan and a subsequent loan taken to repay...
- Resigned in early 2026? Your final settlement could push you into a higher tax bracket; here's the fix
- Hybrid SIFs lure wealthy investors with tax edge and stronger returnsAffluent investors are increasingly turning to newly launched hybrid specialised investment funds (SIFs) for their tax efficiency and bette...
- Rs 15 lakh, Rs 20 lakh or Rs 25 lakh CTC? Check your exact TDS under new vs old tax regime for Tax Year 2026-27Understanding Tax Deducted at Source (TDS) on your salary is crucial. Employers calculate your annual tax liability based on declared incom...
- Income tax dept identifies up to 20,000 cases of individuals who used the ‘swapped provisions’ trick to reduce net tax liability; Know what to do now to fix thisThe Income Tax Department has flagged 15,000-20,000 cases of individuals using a 'swapped provisions' trick to unfairly reduce their tax li...
- Do taxpayers need to file two ITRs for FY 25-26 income? I-T Department explainsAY 26-27 and TY 26-27: Confusion surrounding the new Income Tax Act, 2025, and its transition from Assessment Year (AY) to Tax Year (TY) is...
- Greek proverb of the day: 'The best fish hook cannot catch...' - thought-provoking life lessons on choosing the right approach, compatibility, preparation, decision-making, timing and why even the best resources can failGreek proverb of the day: A Greek saying reveals that even the finest tools, like a perfect fish hook, are useless without the right bait. ...
- Income Tax AY 2026-27: Even if your salary income is below Rs 12.75 lakh, you still need to pay tax for these incomesIncome Tax AY 2026-27: Salaried individuals earning up to Rs 12.75 lakh annually may enjoy zero tax liability due to enhanced Section 87A r...
- Filing ITR? Don’t ignore the ‘nature of employment’ field; it can affect NPS & retirement tax benefitsThe "Nature of Employment" field in the ITR is more than a routine disclosure. An incorrect selection can affect certain tax benefits, incl...
- Have a US 401(k)? Indians must report withdrawals and maturity details in ITR schedules FSI and FAIndian taxpayers with US 401(k) accounts must now report withdrawals and maturity details in ITR schedules FSI and FA. Failure to disclose ...
- Greek proverb of the day: 'Danger can only be overcome by...' - this Greek saying reveals the secret to overcoming fear and why avoiding problems only makes them worseGreek proverb of the day: A Greek saying highlights that avoiding danger can sometimes amplify it, urging decisive action and calculated ri...
- Greek Proverb of the Day: ‘The good day shows from…’ – a lesson on success and positivityMornings can set the tone for the entire day, much like a good start in any endeavor paves the way for success. A Greek proverb highlights ...
- Britain's King Charles to reveal personal tax bill: PalaceCharles began releasing his personal tax information when he was heir to the throne, but will become the first monarch to disclose it. "The...
- Tax-free income in India: 8 types of income you don’t need to pay any tax onTax-free income: Unlock tax savings with these eight income sources exempt from income tax in India. From agricultural earnings and provide...
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