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INCOME AND EXPENSES
ITR filing August 31, 2026, deadline today: Due date for AY 2026-27; Check who must file returnITR filing deadline: Taxpayers with business or profession income must file their returns today. This deadline applies to those using ITR-3...
Bengaluru or Delhi-NCR for savings? Techie breaks down what a Rs 1 lakh salary really meansA techie’s Instagram comparison has sparked discussion about whether Bengaluru’s higher salaries necessarily translate into greater savings...
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 ...
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...
Rising fuel prices push gig workers towards fixed-pay, lower-cost jobsGig workers are now more selective about jobs due to rising operating costs. Many are shifting to roles offering predictable earnings or lo...
Zee's Subhash Chandra claims he has Rs 6.5 crore left, lives on rental income amid NCLT's 99.97% loan haircut rowSubhash Chandra has said Rs 6.5 crore remains with him and that he will have to pay the amount under the insolvency plan, while rental inco...
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...
ICICI Prudential AMC shares: Prudential Corporation to divest up to 2% equity, stock up 49% from IPO priceICICI Prudential AMC promoter Prudential Corporation Holdings plans to sell up to 2% stake through open-market transactions from August 27 ...
‘Rs 1 crore in US is like Rs 25 lakh in India’: Techie, who spent 15 years in America, says he saved more with one-fourth salary at home: Here’s whyAn Indian professional living in the US says he was able to save more on a Rs 25 lakh annual salary in India than on his current US income ...
Tribunal deletes Reliance Jio Infocomm's Rs 11,000 cr tax disallowanceThe Income Tax Appellate Tribunal deleted a significant tax disallowance imposed on Reliance Jio Infocomm. This ruling involved over eleven...
Rs 2.5 lakh monthly income, still Bengaluru man fell into a 'debt trap': One common money management mistake costed him 95% savingsA 29-year-old Bengaluru man earning a combined ₹2.5 lakh a month after taxes says he has lost nearly 95% of his savings after spending heav...
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...
How to start taking control of your finances: A practical first step for womenFinancial independence starts with understanding how money is earned, spent, saved and invested. For women looking to take greater control ...
IIFL Finance shares drop 8% as IIFL Home Finance gets Rs 963 crore tax demandIIFL Finance shares fell sharply on Tuesday after subsidiary IIFL Home Finance received a Rs 963.39 crore income tax demand covering April ...
Chennai couple got laid off from job. They have Rs 1.7 cr, no home loan and Rs 9 lakh annual expenses. But there’s one big riskA Chennai couple was laid off after building a Rs 1.7 crore financial corpus and paying off their home. According to Gurgaon-based financia...
‘A salary hike can make you poorer’: CA explains the lifestyle inflation trap that you must avoidCA Nitin Kaushik warned on X that a salary hike can make you poorer if lifestyle inflation outpaces income growth. He illustrated how a 50%...
Freelancers filing ITR? Don't get these 5 things wrong: Form, expenses, 44ADA, foreign income, and moreFreelancers preparing for AY 2026-27 have a new ITR submission deadline, offering relief to many. Understanding tax audit requirements is e...