Missed reporting of overseas bank accounts, ESOPs, and foreign assets in Schedule FA of ITR? FAST-DS offers a chance to come cleanThere is an important caveat: the Black Money Act provides relief from Schedule FA penalty for certain foreign assets, other than immovable...
24 Aug, 2026, 11.22 AM IST
Divorce dispute turns into legal battle: The financial costs a husband may faceThe aftermath of matrimonial disputes often lingers long after a marriage has ended, imposing hefty financial and legal challenges on men. ...
24 Aug, 2026, 11.08 AM IST
In 1993, Louis Bacon bought a mostly undeveloped New York island; four years later, he protected nearly 90% of its 450 acresIn 1993, Louis Bacon acquired Robins Island, an exceptionally pristine marine island. He subsequently enacted a conservation easement that ...
19 Aug, 2026, 05.36 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
Birth certificate for NRIs: Why this document matters more than everIndia's birth certificate has become an indispensable document for its citizens. Recent regulations stipulate that birth registrations are ...
17 Aug, 2026, 02.45 PM IST
Moving back to India? What NRIs need to know about US tax obligationsFrom RSUs to retirement accounts, what returning Indians must settle before—and after—they land. The first thing to understand is that immi...
17 Aug, 2026, 12.41 PM 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
Astrology Houses Explained: What Each of the 12 Houses Reveals About Your LifeIn the realm of astrology, the houses serve as distinct zones where planetary influences unfold. The 1st house is a mirror of self-identity...
13 Aug, 2026, 12.58 PM IST
NRI selling property in India: Should sale proceeds go to an NRE or NRO account? Know repatriation limits and RBI rulesAre you an NRI looking to sell your property in India after relocating abroad? It's essential to understand the process of repatriating you...
12 Aug, 2026, 11.00 AM IST
Mizoram MLA Rashik Mohan Chakma to file review petition against SC judgment on dual membership in ADCs, state assembliesA Mizoram MLA will file a review petition against a Supreme Court order. The order concerns dual membership and office of profit for Autono...
12 Aug, 2026, 09.44 AM IST
After my death, can my wife transfer our 2BHK to our son via gift deed without an NOC from our daughter?ET Wealth Reader's Query: I own a 2-BHK flat and my wife is a joint owner. We have two children, who are settled abroad. After my death, th...
04 Aug, 2026, 12.12 PM IST
NRI selling property, shares or gold in India? Here's how you can manage your capital gains tax in a better waySelling Indian investments triggers capital gains tax for NRIs, with rules varying by asset type. Property sales offer significant tax redu...
04 Aug, 2026, 06.15 AM IST
Jupiter Transit in Leo 2026: Money Is Coming for These Zodiac Signs While Others Could See Promotions, Business Expansion and Financial BreakthroughsJupiter in Leo 2026 marks one of the most anticipated planetary transits for those seeking growth in wealth, career and long-term financial...
03 Aug, 2026, 01.56 PM IST
Estate planning: Why passing on wealth during your lifetime can be a smarter succession strategyGifting and charity, in cash and kind, during one’s lifetime offers the scope for creating shared experiences of celebration, travel, enter...
03 Aug, 2026, 12.23 PM IST
Rs 22.94 lakh LTCG for land sale of Rs 92 lakh invited tax notice; Gujarat HC ruled in her favour after 9 years fight; Know whyLady got tax notice after selling land for Rs 92 lakh and reporting Rs 22.94 lakh LTCG in ITR; Know how Section 55A(a) helped her win case ...
03 Aug, 2026, 07.27 AM IST
Are you an NRI who sold an under-construction property? Here's what actually counts as your “Date of Purchase” for capital gains calculationNRIs selling under-construction property must use the allotment date for capital gains. This date determines long-term versus short-term ca...
29 Jul, 2026, 11.21 AM IST
Youngest son tortured, humiliated elderly father and forced him out of ancestral home; Odisha High Court orders son to vacate property on this groundOld father evicts youngest son from his ancestral village home as son tortured and humiliated him, wins case on this ground in Orissa High ...
28 Jul, 2026, 03.23 PM IST