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INCOME TAX FOR SENIOR CITIZENS
Rs 1.33 crore cash deposit, no ITR filing, yet senior citizen wins income tax case; ITAT Bangalore explains why- Property dealer deposits Rs 54 lakh cash in bank, files no ITR, gets tax notice, does not respond, wins case in ITAT Delhi; Know why
- Income tax for senior citizens: No salary after retirement? These 7 incomes can still attract tax; know what is exempt
- NPS choices for NRIs explained: Can NRIs invest in Tier II NPS accounts? Check rules and investment optionsFor Non-Resident Indians, establishing a retirement corpus back home is simplified with the National Pension System. NRIs can open a Tier-I...12 Aug, 2026, 05.05 PM IST
- FD interest rates up to 7.50% in August 2026: These 3 banks have revised FD rates; senior citizens can now get up to 8.05% rateFixed deposit interest rates: Union Bank of India, DCB Bank and Indian Bank have revised their fixed deposit (FD) interest rates. These rev...12 Aug, 2026, 09.32 AM IST
- India's net direct tax collections jump 23% to Rs 8.11 lakh crore, non-corporate taxes lead gainsIndia's net direct tax collections surged 23.09 percent to ₹8.11 lakh crore as of August 10. Non-corporate tax collections rose significant...12 Aug, 2026, 12.44 AM IST
- Tax liability of ITR-7 filers triples in 5 years to Rs 1,043 croreIn a significant financial shift, the tax burden for ITR-7 filers has climbed to Rs 1,043 crore in the Assessment Year 2025-26, a figure th...11 Aug, 2026, 04.55 PM IST
- How should my NRI children disclose gifts received from relatives in ITR-2?ET Wealth Reader's Query: My two NRI children are unable to find a field in ITR-2 to disclose gifts received from relatives. The Income Tax...11 Aug, 2026, 12.27 PM IST
- Parents wins back their flat gifted to son as tribunal finds son failed to take care of parents; Bombay HC orders son to vacate the propertySon promised to care for elderly parents after receiving their Mumbai flat as gift; however, he failed to do so; Bombay High Court cancels ...10 Aug, 2026, 05.37 PM IST
- Faulty terrace repairs flooded two flats; Maharashtra court awards senior citizen Rs 3.96 lakh compensationSenior citizen to get Rs 3.96 lakh from housing society after housing society's faulty terrace repairs caused water leakage in his two flat...10 Aug, 2026, 04.58 PM IST
- Good news for investors: No income tax on dividends received from REITs and InvITs in this case, Lok Sabha passes the bill; Check the detailsThe Lok Sabha passed a bill amending tax laws on August 6, 2026. This amendment benefits REIT and InvIT investors by exempting dividend inc...10 Aug, 2026, 09.54 AM IST
- IRS tax credit could mean up to $8,231 for eligible workers: Who qualifies for the Earned Income Tax Credit, how much you could receive and what you should check before filingThe IRS Earned Income Tax Credit (EITC) can provide significant tax relief to eligible low- and moderate-income workers. For tax year 2025,...08 Aug, 2026, 06.24 PM IST
- 6 reasons you may get income tax notice even after meeting July 31 ITR filing deadlineFiling your income tax returns punctually doesn't guarantee immunity from tax department notices. Often, discrepancies arise between report...08 Aug, 2026, 10.15 AM IST
- Parliament Monsoon session: Opposition continues protest over alleged police action against studentsOpposition MPs protested in Parliament over alleged Ram temple donation theft. They also demanded a statement regarding police actions agai...07 Aug, 2026, 10.54 AM IST
- Buying health insurance after 60? Here's how senior citizens can reduce premiums and increase coverageWorried about rising healthcare costs after 60? Discover how senior citizens can secure robust health insurance without breaking the bank. ...07 Aug, 2026, 08.43 AM IST
- NPS for NRIs: Who can invest, tax benefits, eligibility, withdrawal rules explainedNon-Resident Indians have the opportunity to secure their retirement through investment in the National Pension System (NPS). This program ...06 Aug, 2026, 04.04 PM IST
- PPF rules for NRIs: Can non-resident Indians open PPF account in India?A Public Provident Fund (PPF) is a long-term, small savings scheme offered by the government of India. The PPF offers an attractive interes...05 Aug, 2026, 02.44 PM IST
- HDFC Bank launches new savings accounts for senior citizens, women: Check features and benefitsHDFC Bank introduced two new savings accounts for specific customer groups. The Specialé Senior Citizen Savings Account offers security and...03 Aug, 2026, 06.37 PM IST
- FD rate up to 8.3% for senior citizens investing for three years; Know list of banksSelect banks offer senior citizens fixed deposit interest rates up to 8.3 percent. Jana Small Finance Bank provides this highest rate for a...01 Aug, 2026, 07.06 AM IST
- Senior citizen FD rates 2026: Use an FD calculator to maximise your retirement returnsSenior citizens can earn up to 7.75% p.a. on Bajaj Finance fixed deposits. An online calculator helps estimate maturity amounts for retirem...28 Jul, 2026, 04.47 PM IST
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