FD rate up to 8.6% for senior citizens investing for five years; know the list of banksSenior citizens can invest in fixed deposits with interest rates reaching up to 8.6%. Suryoday Small Finance Bank leads with these attracti...
07 Nov, 2026, 08.21 AM IST
FD rate up to 8.5% for senior citizens investing for five years; know the list of banksSenior citizens in India have exciting options for fixed deposits, with top banks enticing them with appealing interest rates. Leading the ...
07 Nov, 2026, 08.09 AM IST
IRS releases 2027 tax brackets: How new income tax rates and standard deductions for single, married and senior filers could affect your tax billTax brackets 2027: The IRS has raised all seven federal income tax bracket thresholds for 2027 and increased the standard deduction for sin...
06 Nov, 2026, 08.18 PM IST
Farmer bought land at less than stamp duty value, got income tax notice; How DVO report helped him win Rs 18.24 lakh tax dispute in ITAT SuratMr. Desai, encountered difficulties with the Income Tax Department after purchasing land for a price less than the stamp duty value. The In...
06 Nov, 2026, 01.56 PM IST
Rs 21.6 lakh speculative trading loss in stock market triggers Income Tax notice for no tax audit; Trader wins case at ITAT CuttackMr. Kumar, a diligent stock trader, faced considerable financial setbacks but overlooked the necessity of a tax audit. In response to his f...
05 Nov, 2026, 04.07 PM IST
How to check if PAN is linked with Aadhaar? Step-by-step guide to check status online, link documents and know the consequences of not linkingTaxpayers in India must link their Permanent Account Number with Aadhaar to avoid penalties. Individuals can easily check their linking sta...
04 Nov, 2026, 09.22 PM IST
FICCI makes recommendations to FM ahead of Budget 2027-28, highlights LTCG exemption, TDS relief and faster tax appealsFICCI has recommended the restoration of long-term capital gains tax exemption on listed shares in Budget 2027-28. The organization highlig...
04 Nov, 2026, 07.30 PM IST
Firm It Up, Don't Junk It: India needs a more predictable capital gains tax regime to deepen equity marketsIndia's capital markets have seen significant changes, with millions of households participating in equity investing. The current tax frame...
04 Nov, 2026, 06.23 PM IST
Insurance agent deposits Rs 35 lakh cash collected from policyholders in his bank account, gets tax notice; he fights and wins in ITAT JaipurPolicyholders gave Rs 35 lakh cash as insurance premiums which agent deposited in his bank a/c; Income Tax Dept sent agent notice for unexp...
04 Nov, 2026, 03.32 PM IST
Son gets income tax notice for Rs 33.23 lakh in property investment and cash; he gets relief in ITAT Jaipur for this reasonMother sold 642 grams gold jewellery, gifts the amount to son via notarised gift deed, son buys property and deposits cash in bank but gets...
04 Nov, 2026, 10.15 AM IST
Cancelled flight ticket? GSTAT says airlines can refund GST to passengers and claim it back from the governmentTaxpayer wins GST refund denial case after depositing GST on airline ticket with the govt and later refunding the GST back to passengers du...
04 Nov, 2026, 09.48 AM IST
Indians turn to side hustles, freelancing as non-salary income rises: ClearTaxIndians are increasingly earning from non-salary sources like trading and freelancing as reported by ClearTax. The percentage of self-filer...
02 Nov, 2026, 04.56 PM IST
Delhi techie couple donates Rs 50 to political party, claims Rs 40 lakh ITR deduction, evades Rs 5.3 crore income tax, faces IT probeA Delhi-NCR techie couple allegedly claimed Rs 40 lakh in tax deductions after donating just Rs 50 to a political party. An Income Tax Depa...
02 Nov, 2026, 12.43 PM IST
GST reforms: Easier registration for small e-commerce sellers, faster refunds to take effect Nov 1Simplified GST registration processes will benefit small sellers using e-commerce platforms without physical presence in multiple states. T...
31 Oct, 2026, 08.27 PM IST
GST refund allowed for cancelled air ticketsA ruling from the GST Appellate Tribunal states that cancelled airline ticket refunds can be claimed. Singapore Airlines had submitted a to...
26 Oct, 2026, 01.15 AM IST
GST tribunal says airlines can claim tax refund if fare, GST returned to passengersGST Appellate Tribunal ruled that GST paid on cancelled airline tickets is refundable if conditions are met. Singapore Airlines successfull...
25 Oct, 2026, 01.48 PM IST
IRS is sending up to $5,000 per adopted child - could your family qualify?The IRS has started sending adoption tax credit refunds of up to $5,000 per child to eligible families. The payments target taxpayers with ...
25 Oct, 2026, 03.40 AM IST