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ANNUAL INCOME LIMIT
Delhi government raises annual family income limit to Rs 2.5 lakh for ration card applicationsIn a notable policy change, the Delhi government has raised the annual income cap for ration cards to Rs 2.5 lakh, a move designed to enhan...- Did you claim a minimum Rs 10,000 income tax refund for your car bought in FY26? Here's how to claim your 1% TCS nowAccording to the income tax rules, car dealers are required to deduct 1% TCS if the ex-showroom value of the car exceeds Rs 10 lakh. Howeve...
- Foreign assets in AIS: CBDT sets the stage for Foreign Assets of Small Taxpayers Disclosure SchemeThe CBDT’s decision to upload foreign financial information into taxpayers’ annual information statements may be more than an administrativ...
- ET Prime Special Series: Multibagger or IBC - Part 67: Can this auto ancillary close the gap between old mobility and EV revenue?The market may see this as another diversified auto component manufacturer. The deeper story is one of capital reallocation. The group is c...
- 10 bank transactions that can draw income tax attention even If you're not rich
- ITR 2026: Increased disclosure requirements for overseas investments and foreign assets—are Indian taxpayers ready?Indian taxpayers face new disclosure rules for foreign assets and investments. Global information exchange frameworks necessitate accurate ...
- Bengaluru CA, ex-KPMG employee, thought Rs 1 crore would make her rich. She was wrongHigh salaries do not guarantee financial freedom as lifestyle expenses often increase. Meenal Goel notes that income alone does not determi...
- Taxation simplified for influencers: Correct ITR form, tax regime to grey zone areas, key checks and tax traps creators must watch out forIndian influencers and gig workers face significant tax compliance challenges. Many struggle with tracking income and claiming eligible ded...
- SCSS vs MIS: Which offers higher interest on a Rs 5 lakh investment?Senior Citizens Savings Scheme offers a higher interest rate than the Post Office Monthly Income Scheme. An investment of five lakh rupees ...
- Honda to launch 2-3 premium motorcycles, new electric scooters in India this yearHonda Motorcycle & Scooter India plans to launch new premium motorcycles this year. The company will also introduce new electric scooter mo...
- Child education allowance tax benefit in ITR filing for FY 25-26: Know when you can claim itSalaried employees can claim child education allowance tax exemption under the old tax regime. This exemption is available for up to two ch...
- Have foreign income or assets? AIS to soon show foreign assets and income details shared by foreign countriesThis is a CBDT order dated July 8, 2026 issued under Section 119 of the Income-tax Act, 1961. It is an administrative order that authorizes...
- ITR filing 2026: Rs 15 lakh, Rs 20 lakh, and Rs 25 lakh salary; how much tax you could pay under new vs old tax regime?Salaried employees face a crucial tax decision between old and new regimes. The new tax regime offers lower tax liability across various in...
- Filing ITR for FY 2025-26? Income Tax Department shares 10 mistakes to avoid and tips to followTaxpayers should gather documents and choose the correct tax regime and ITR form. Verify Annual Information Statement and Form 26AS details...
- Erling Haaland girlfriend net worth: How did Isabel Haugseng Johansen build a $300K fortune as the couple's wealth reaches $100.3 million? Inside her career, endorsements, luxury homes and moreErling Haaland's girlfriend Isabel Haugseng Johansen has an estimated net worth of $300,000. Their combined household wealth is projected t...
- Filing ITR for easy loans, visas, and scholarships - sounds strange? Know why filing ITR is more important than you thinkConsistently filing Income Tax Returns creates a verifiable financial document. Banks often request these returns to assess loan applicant ...
- Depositories get to spend 5% of IPF interest incomeSebi has revised rules for depositories' Investor Protection Fund income. Depositories can now use five percent of annual income for expens...
- Sebi eases rules on use of depository investor protection fund incomeSebi has allowed depositories to use a small portion of annual income from the Investor Protection Fund for administrative and statutory ex...
- Want Rs 50,000 every quarter from SCSS? Check how much you need to investSenior citizens can now secure a steady income with the Senior Citizens' Savings Scheme (SCSS), which offers an attractive 8.2% interest ra...
- FD rate up to 8.3% for senior citizens investing for three years; Know list of banksSenior citizens can now secure fixed deposit interest rates up to 8.3% for a three-year term with select small finance banks, offering a lu...
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