Whether it is cash, gold, car, or even a property, if gifted to the bride or the groom on their wedding, no tax would be levied on the gift...

Despite the government’s TReDS push, experts say the RBI’s move to ease onboarding lacks clarity as credit ratings continue to be a key bot...

A Surat businessman's Rs 80 lakh cash deposit during demonetisation was deemed unexplained by ITAT Surat. The tribunal rejected his claim o...

Young Indians, particularly Gen Z and millennials, are increasingly opting for app-based credit over traditional banks. Driven by a need fo...

The Patna High Court has provided relief to a taxpayer in a significant unexplained cash case. The court overturned an ITAT order concernin...

An Agra man successfully appealed a tax ruling that deemed gifts from his sisters as unexplained cash. The Income Tax Appellate Tribunal ru...

AAA-rated corporate bonds are the safest investment-grade options, offering minimal credit risk, predictable returns, and portfolio stabili...

A teacher got Rs 3.5 lakh as cash gift from daughter and deposited this cash in her bank account; However, the income tax department doubte...

Manwani faced an Rs 89 lakh income tax addition due to unexplained cash credit, which he claimed were gifts from relatives. Despite providi...

Mother's day: This mother's day give her the gift of financial freedom by by taking out a credit card and giving to her. A credit card will...

If your credit card application has been denied, it’s important to fix the possible reasons, such as a low credit score, low income, limite...

The I-T Appellate Tribunal (ITAT), a quasi-judicial authority, in its order on January 5, has struck down the contention of the I-T departm...

As with any other kind of loan (i.e., home loan, auto loan and so), your creditworthiness plays an important role in the personal loan gett...

The income tax department sought to reopen the accounts of NuPower last year to examine the genuineness of investments of about Rs 50 crore...

The company provides housing finance, primarily to low- and middle-income group customers, in rural and semi-urban areas.

The product is mainly targeted at the millennial population in smaller cities of the country who might be employed but still find it diffic...

Merrill Lynch, Citigroup and four other US financial companies have used an accounting rule adopted last year to book almost $12 billion of...