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RS 14 LAKH MONTHLY INCOME
‘I scratched your back, now pay me’: 32-year-old entrepreneur’s Rs 1400000 a month itch business leaves internet amazedA 32-year-old Chinese entrepreneur has launched two itch-scratching stores in Shenzhen that he says now generate 100,000 yuan in monthly gr...
Rs 34.8 lakh difference in price and stamp duty added to husband's income for taxation despite jointly owned property - ITAT Mumbai calls it 'not justified'A husband and a wife bought a flat jointly for Rs 60 lakh, however, the stamp duty value stood at Rs 94.8 lakh, leading to a difference of ...
Rs 25 lakh cash deposited in bank, income tax officer sends notice for unexplained cash u/s 69; Taxpayer wins case in ITAT Bangalore, here's whyEmployee deposits Rs 25 lakh cash in bank; tax officer sends notice for unexplained cash u/s 69; Employee wins case in ITAT Bangalore; Know...
They earn Rs 4 lakh per month, have a Rs 4 crore home, yet can’t have kids. Investment expert reveals why: ‘The house won’t survive…’Being a couple with high-flying jobs and enviable networth doesnt mean all of your dreams come true. Taking to LinkedIn, one investment adv...
Parliamentary panel flags compliance glitches on new income tax act, seeks more data from CBDTA parliamentary committee has identified compliance issues with the new Income Tax Act. They are seeking detailed data from the CBDT on its...
Bengaluru earns, Chandigarh spends, Chennai borrows the most, Delhi is India’s biggest market: Study shows where Indians earn, save, spend and borrow the mostBengaluru tops the charts for household income and savings among India’s major cities, while Chennai records the highest debt-to-income rat...
IIM-A graduate with Rs 55 lakh salary settles divorce for Rs 10 lakh: What happened behind the scenes?A social media post has described how an IIM-A graduate reportedly sacrificed his Rs 55 lakh salary for a Rs 32 lakh job closer to home in ...
Man cannot be ordered to pay maintenance to estranged wife beyond his means: Delhi courtIn a recent ruling, a Delhi court determined that maintenance payments must align with a spouse's financial capability. The decision came a...
Quant Mutual Fund turns cautious on manufacturing, bets on ‘neglected’ IT ServicesQuant Mutual Fund is pivoting away from manufacturing due to rising cost pressures and supply chain issues. Instead, it's channeling invest...
India’s passenger vehicle sales jump 35% to 4.5 lakh in August as Maruti, M&M drive growthPassenger vehicle sales in India soared by 35 percent in August, reflecting a thriving automotive market. Leading manufacturers such as Mar...
Why your first Rs 25 lakh investment is a major wealth-creation milestoneReaching the Rs 25 lakh milestone signifies a transformative moment in wealth creation for young investors. It indicates that accumulated c...
Wife gets income tax notice after husband sells joint property Rs 14 lakh below market price; she fights back and wins the case in ITAT KolkataWife escaped income tax notice as she proved in ITAT that her husband entirely paid for their joint property which was sold for Rs 14 lakh ...
Finance Act 2026: Updated return rules change for taxpayers reporting reduced lossesThe Finance Act, 2026, has plugged a significant gap. Earlier, an updated return could not be filed if unaccounted income merely reduced a ...
Rs 16 lakh cash seized in income tax raid, tax officer calls it unexplained cash; Taxpayer claims it to be family money, he fights and wins the case in ITAT MumbaiDuring an income tax search operation (raid) Rs 16 lakh cash was seized; Man says its family cash; tax officer does not believe him and cal...
Guest and temporary teachers: How to build financial security with job uncertaintyThough the integration of temporary faculty reduces the teaching burden for the university’s permanent staff, the former often get the shor...
F&O tax rules: How derivatives traders should report profits, losses and expensesOne of the biggest misconceptions among retail traders is that profits from F&O are taxed like stock market gains. That is not the case. Un...
How much of your salary should go towards your home loan EMI?Homebuyers should assess their monthly surplus before applying for a home loan. An affordable EMI fits comfortably after essential expenses...
New labour code impact: Rs 8k less take home pay likely for employee with Rs 15 lakh CTC; check the impact on CTCs of Rs 10 lakh, Rs 25 lakh and Rs 50 lakhNew labour codes mandate higher provident fund contributions for employees. This change reduces monthly take-home pay for many salaried ind...
Husband claims annual salary fell to Rs 36 lakh, cites Rs 1.7 crore home loan; court orders Rs 2 lakh monthly maintenance to wifeA Gurgaon family court ordered a husband to pay Rs 2 lakh monthly maintenance to his estranged wife and children despite a sharp income dro...
Earning Rs 1-2 lakh a month in a tier-1 city? Woman says you might still be caught in a "salary trap"A content creator highlighted what she calls the "Rs 1-2 lakh salary trap," arguing that this income range, while seemingly comfortable, le...