Filing ITR4 by August 31 deadline? Check these 6 major changes if opting for presumptive taxation for AY 2026-27For the assessment year 2026-2027, new changes have been introduced impacting those filing ITR-4. Taxpayers need to be aware of six major u...
25 Aug, 2026, 03.50 PM IST
Should you close your PPF account after becoming an NRI? Here’s what to know about maturity, withdrawal, and tax rulesMoving abroad as an NRI? Your PPF account might not need immediate closure. Discover how your contribution, withdrawal, and maturity option...
25 Aug, 2026, 09.47 AM IST
Japan plans tax break to shake up low-return businessesJapan's government is considering tax breaks on non-core business sales. This move aims to accelerate corporate restructuring and industry ...
25 Aug, 2026, 09.00 AM IST
ETMarkets NRI Talk | Why private credit, REITs and PMS are entering the NRI investment conversation, explains Sumegh BhatiaPrivate credit, REITs, InvITs and PMS are gaining interest for their potential to provide differentiated return streams, contractual cash f...
25 Aug, 2026, 08.33 AM IST
If I sell my property jointly owned with my wife, can I buy the new one in my name for LTCG tax exemption?ET Wealth Reader's Query: I jointly own a property with my wife, although it was funded entirely by me. If I sell this property, is it nece...
25 Aug, 2026, 07.30 AM IST
Selling inherited property? Know who is liable to pay income tax on capital gains and how heirs can claim tax reliefSelling inherited property? Know who among the brothers and sisters are liable to pay capital gains tax on it and how to claim tax relief.
24 Aug, 2026, 05.00 PM IST
Employee got Rs 30 lakh salary after job switch, did not file ITR, Income Tax dept imposed Rs 3.74 lakh penalty; he fought and won the case in ITAT DelhiEmployee switched job and got Rs 30 lakh salary on which TDS was deducted, forgot to file ITR, Tax dept sent notice and imposed Rs 3.74 lak...
23 Aug, 2026, 08.42 AM IST
IRS final notice of Intent to Levy: What 30 days means before the IRS can seize money or propertyThe IRS Final Notice of Intent to Levy is a serious warning. It can come before the IRS takes money or property to collect an unpaid tax de...
22 Aug, 2026, 09.01 PM IST
Rs 4.5 crore retirement corpus: Can you get Rs 4 lakh monthly income without losing your corpus?For retirees looking to maximise their post-tax earnings, allocating a Rs 4.5 cr corpus into mutual funds is a viable option. Utilising a b...
21 Aug, 2026, 11.41 PM IST
8 income tax notices that salaried employees can get after filing ITR; know what they mean and how to respondEmployees who are on a salary may find themselves receiving tax notices following their income tax return filings. These notices typically ...
20 Aug, 2026, 02.30 PM IST
Man constructs a house before selling his old property and claims income tax exemption under Section 54; Income Tax Department sends notice; he wins case in ITAT DelhiConstructs house for Rs 47 lakh in Tilak Nagar, sells old property in Paschim Viharfor Rs 53 lakh, pays no tax, tax dept sent notice, man w...
19 Aug, 2026, 12.26 PM IST
Singapore plans tax breaks, easier visas to attract fund managersSingapore plans tax exemptions on certain fund-management profits and wider access to a five-year visa for investment professionals as it c...
19 Aug, 2026, 11.47 AM IST
Income tax dept has identified suspicious entities that sent money abroad, launches verification drive; Know what to doBased on ground intelligence and analysis of data, Income tax dept Income tax dept has identified suspicious entities who sent money abroad...
19 Aug, 2026, 11.24 AM IST
Income Tax Department launches nationwide verification of suspicious foreign remittancesThe Income Tax Department has launched a nationwide verification exercise into suspicious foreign remittances after identifying several ent...
19 Aug, 2026, 09.42 AM IST
NRI bought life insurance policy in Dubai from a foreign insurer, got maturity proceeds after returning to India, his claim for tax exemption was denied; he won the case in ITAT for this reasonAn Indian resident successfully challenged the tax department's claim of undisclosed foreign income on maturity proceeds from a Dubai life ...
18 Aug, 2026, 07.00 AM IST
Inherited mother's land, converted it into business stock, and invested over Rs 5 crore in a new home; ITAT Surat grants Section 54F tax exemption relying on a 1983 CBDT circular; Know whySon inherited 50% of mother’s land and took it in his real estate business as business stock; brought an even larger plot for Rs 2 crore cl...
17 Aug, 2026, 10.30 AM IST
Income tax for senior citizens: No salary after retirement? These 7 incomes can still attract tax; know what is exemptRetirement is not synonymous with tax freedom. Your pensions, interest income, rental earnings, and capital gains may still incur taxes. It...
13 Aug, 2026, 10.47 AM IST