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...
23 Jun, 2026, 11.44 AM IST
Rs 17.25 lakh income of an employee was added as taxable salary despite working in UK; ITAT Delhi gives him relief under India-UK DTAAThe Income Tax Appellate Tribunal (ITAT) Delhi has ruled that even if a non-resident salaried individual has received any ‘per-diem’ paymen...
23 Jun, 2026, 11.08 AM IST
A Rs 3.5 crore SIP corpus may still leave you middle class, warns Bengaluru CA. She explains how to wisely invest money to increase wealthA Bengaluru CA highlights a common investment pitfall: focusing solely on a large corpus without accounting for inflation's impact on futur...
23 Jun, 2026, 10.01 AM IST
Keir Starmer Net Worth: Ex UK PM's career earnings, salary, assets and investments explainedKeir Starmer Net Worth: UK Prime Minister Keir Starmer has resigned after nearly two years, facing internal party criticism and a challenge...
22 Jun, 2026, 07.51 PM IST
21-year-old’s first Rs 1 lakh salary dilemma in Bangalore: Parents want support, she wants financial freedomA young software engineer in Bangalore faces a dilemma as she begins her lucrative full-time career. While earning ₹1-1.15 lakh monthly, sh...
22 Jun, 2026, 02.17 PM IST
ITR filing AY 2026-27: 8 costly mistakes taxpayers should avoid this tax return filing seasonThe I-T Department’s growing scrutiny, using AI and data analytics tools, leaves little room for omissions and errors, making accurate tax ...
22 Jun, 2026, 09.25 AM IST
Your father earned far less but built more wealth. Bengaluru CA explains how they turned their money into assetsMany high earners today struggle to build wealth, despite significantly higher incomes than previous generations. Chartered accountant Meen...
22 Jun, 2026, 08.05 AM IST
What is DTAA? How to avoid double taxation on foreign income and claim tax credit in IndiaIf you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 1...
22 Jun, 2026, 06.30 AM IST
Techie realises earning well does not mean living well. So he gives up job with monthly take home salary of Rs 1.2 lakh for Rs 40,000 monthly jobA techie named Shubh Jain has sparked discussion online after sharing why he left a job paying around ₹1.2 lakh per month in Mumbai and lat...
21 Jun, 2026, 11.58 PM IST
Your Rs 30 lakh salary may mean nothing if you ignore this one number, says CA Nitin KaushikA high salary doesn't guarantee wealth; your savings rate is the true indicator of financial success. CA Nitin Kaushik emphasizes that if e...
21 Jun, 2026, 10.13 AM IST
Rs 5000 monthly starting salary, Rs 70 lakh savings: Bengaluru employee shares the strategy he used for wealth creationA Bengaluru-based tech professional has gone viral after sharing his 12-year career journey on Reddit, revealing how he grew from earning R...
20 Jun, 2026, 11.50 PM IST
ITR-3 release date: Who should file this income tax return form as I-T Department enables online filing, Excel utilities for itThe Income Tax Department has launched online filing and Excel utility for Income Tax Return-3 for Assessment Year 2026-27. This form is fo...
19 Jun, 2026, 11.50 AM IST
Paying rent but not receiving HRA? Here’s how non-salaried individuals can claim tax deductionSelf-employed individuals and salaried employees not receiving House Rent Allowance (HRA) can claim tax benefits for rent paid under Sectio...
18 Jun, 2026, 01.30 PM IST
Bengaluru engineer earning Rs 80 LPA vs Germany engineer earning Rs 1 crore: Who is actually richer? Internet is dividedA debate is ongoing about what truly defines wealth. Earning a high salary abroad does not automatically mean a richer lifestyle. Income bu...
18 Jun, 2026, 10.25 AM IST
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...
17 Jun, 2026, 05.42 PM IST
New tax regime: 7 ways for salaried employees to reduce their tax liability while filing ITR for FY 2025-26Salaried individuals can still reduce their tax liability under the new tax regime for FY 2025-26. Key deductions include employer contribu...
17 Jun, 2026, 12.23 PM IST
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 ...
12 Jun, 2026, 07.11 AM IST