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IRS TAX FILING MISTAKES TO AVOID
AI startup Pramaana Labs raises $27 million in seed funding led by Khosla VenturesPramaana Labs, an AI startup, has secured $27 million in seed funding. The company develops technology to ensure AI answers are mathematica...- ITR filing due dates for AY 2026-27: July 31 is not the deadline for every taxpayer; check 5 other tax filing due datesThe Income Tax Department has set July 31, 2026, as the deadline for most individual taxpayers, including the salaried class, to file their...
- Life Advice of the Day by Aesop: 'Better be wise by the...' Learnings on intelligence, mistakes, observation, research, decision-making, trial and errorLife Advice of the Day by Aesop highlights the value of learning from the mistakes, failures, and experiences of other people. The advice e...
- European Proverb of the Day: 'Who's the man that was never...' Life lessons on vulnerability, human behavior, stereotypes, open communication, and why is it crucial to not let others take advantage of your good, simple nature, innocence or naivenessEuropean Proverb of the Day highlights the old saying, “Who’s the man that was never fooled by a woman?” The proverb explores human vulnera...
- Wednesday Motivation quote by Michael Phelps: 'You can make a million mistakes, just not the ...' - Legendary swimmer's timeless take on mistakes and growthWednesday Motivation quote: Michael Phelps, a legendary swimmer, inspires with his message on learning from errors. He highlights that mist...
- Greek proverb of the day: 'The sins we often regret are the sins we...' - thought-provoking life lessons on courage, personal growth, taking risks, overcoming fear and self-doubt and why inaction often leads to regretGreek proverb of the day: People often regret chances not taken more than mistakes made. Fear can prevent individuals from pursuing dreams ...
- ITR filing 2026: Avoid these 5 mistakes that may trigger extra tax and interest for salaried employees
- Do you need to file ITR if you only incurred losses from equities or mutual funds? Check the detailsIndividuals earning below basic exemption limits (Rs 2.5 lakh old, Rs 4 lakh new regime) generally don't need to file ITR. However, mandato...
- Investing abroad? These 7 costly mistakes could trigger an income tax noticeWealthy Indians are investing more abroad. However, they must understand the rules to avoid trouble. Mistakes like misusing investment rout...
- Did you know the key to building wealth is saying 'no'? Here are the 5 things rich people refuse to do, according to Charlie Munger’s wealth ruleCharlie Munger, Berkshire Hathaway's vice-chairman, identified five key areas where people seeking wealth often falter. He emphasized sayin...
- Income tax alert: These taxpayers could receive scrutiny notices by June 30, 2026 under Section 143(2)The CBDT has set June 30, 2026, as the deadline for issuing scrutiny notices under Section 143(2) for FY 2025-26 returns. An internal deadl...
- Trump's allies have another plan to pay 'weaponisation' victimsFormer President Trump's allies are now looking at a 1946 law to pay supporters. This comes after a planned "weaponization" fund was droppe...
- What crypto investors need to know for tax season 2026India's tax season now demands greater scrutiny for crypto investors as enforcement intensifies. New reporting requirements, including tran...
- Salaried employees beware! These 5 mistakes during ITR filing can trigger unexpected tax demandsWith the ITR filing season for AY 2026-27 now underway, many salaried taxpayers who faced TDS shocks in the last quarter of FY 2025-26 are ...
- Indian-American arrested in California for allegedly defrauding bank of $100 millionAn Indian-American man, Mahender Makhijani, was arrested in California for allegedly defrauding a bank of nearly $100 million. He is accuse...
- ITR filing 2026: 9 key checks every taxpayer must make for AY 2026–27India's income tax administration has become increasingly data-driven, with information from TDS/TCS reporting, SFT filings and other sourc...
- Japanese proverb of the day: 'One man’s fault is another’s...' - inspiring life lessons on learning from other people’s mistakes, self-improvement and why failure can be your greatest teacherJapanese proverb of the day: Valuable wisdom can be gained by observing the mistakes of others, as highlighted by the Japanese proverb, 'On...
- Income tax return filing 2026: 5 reasons smart taxpayers file ITR even when not mandatory
- IRS tax refund news June 2026: Which taxpayers qualify for delayed refunds and when could payments arrive?More than $3,400 is the projected average IRS tax refund for many eligible filers this year, making tax refund updates one of the most sear...
- Pension is salary, family pension is not: Key tax rules pensioners must know before filing ITR for AY 2026-27Pension and family pension are taxed differently under the Income-Tax Act, yet many taxpayers continue to confuse the two while filing retu...
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