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PERSONAL INCOME TAX
5 Bangalore landowners formed a partnership firm to develop property, received income tax notice for undisclosed rental income; won relief in ITAT for this reason- CBDT removes arrest-related provisions under Rule 225; valuers face tighter disclosure norms as registration deadline extended
- Rs 1 crore foreign asset limit under FAST-DS 2026: What taxpayers must know about undisclosed income
- India's net direct tax collections rise 13% to Rs 12.1 lakh crore till September 17 of FY27India’s net direct tax collections rose 12.96% year-on-year to Rs 12.12 lakh crore as of September 17, government data showed. Gross collec...18 Sep, 2026, 01.51 PM IST
- Bengaluru-based founder criticises Whitefield traffic situation after daughter's school bus stuck for over 2 hours in Varthur-Gunjur, says it is a daily occurrenceBengaluru entrepreneur Ritish Reddy said his daughter was stuck in traffic for two hours on Varthur Road on September 17. The Zluri CEO sha...18 Sep, 2026, 10.40 AM IST
- Social Security Update: Social security survivor benefits may soon see a major change; know why this new bipartisan bill matters for millions of AmericansSocial security update: A new bipartisan proposal in Congress could change the way families apply for Social Security survivor benefits, in...17 Sep, 2026, 08.48 PM IST
- Advance tax deadline of September 15, 2026: What will be the consequences if you miss the due date?The second advance tax instalment deadline is September 15, 2026. Failure to pay by this date incurs penal interest charges. Advance tax is...17 Sep, 2026, 05.08 PM IST
- A New York program weatherized 40 homes for low-income families; SCCAP reported $38,148 in energy savings and 8,348 gallons of fuel savedOlder housing infrastructure continues to put a strain on low-income families, leading to substantial energy costs. In response, a program ...16 Sep, 2026, 07.20 PM IST
- In the 1970s, Arnold Schwarzenegger made his first millions in real estate, before Hollywood turned him into an action starIn the 1970s, Arnold Schwarzenegger made his first millions in real estate, before Hollywood turned him into an action star. The actor and ...16 Sep, 2026, 06.23 PM IST
- Should I take education loan or break my investments to pay Rs 21 lakh for my son’s MBBS degree?ET Wealth Reader's Query: I am 48, planning to fund my son’s MBBS degree at a private medical college. The fee is about Rs 21 lakh a year f...15 Sep, 2026, 04.20 PM IST
- Banks cannot impose charges on UPI payments of up to Rs 2,000, govt saysThe government has announced no charges on UPI transactions up to Rs 2,000. RuPay debit card payments below this amount will also remain fr...14 Sep, 2026, 11.28 PM IST
- Rs 6.42 lakh travel expense disallowed as business expenditure over use of wife’s credit card; businessman contests tax order, wins relief in ITAT MumbaiRs 6.42 lakh foreign travel expenditure disallowed from business income as businessman used wife’s credit card to pay for it; ITAT Mumbai g...12 Sep, 2026, 04.55 PM IST
- Rs 1.17 crore interest income of minor child: Father faces Rs 12.83 lakh penalty; ITAT Delhi cancels itSatbeer Singh Godara, judicial member and Amitabh Shukla, accountant member of ITAT Delhi, in a recent judgement ruled that a father can’t ...12 Sep, 2026, 11.13 AM IST
- ₹2.5 lakh salary but 84% vanishes before month starts: 29-year-old married Bengaluru professional shares what looks like a story of every third corporate workerDespite a monthly income of ₹2.5 lakh, a Bengaluru professional finds himself under financial pressure due to hefty EMIs and credit card pa...12 Sep, 2026, 10.29 AM IST
- NRO account for NRIs: Which funds can be deposited, tax on interest and repatriation rulesFor NRIs, establishing or converting an existing bank account is vital upon confirming non-residence status. An NRO account facilitates the...10 Sep, 2026, 04.10 PM IST
- Student or parent: Who should be the primary borrower for education loan? Check repayment and tax implications before decidingDetermining whether a parent or a student should take on an education loan is an important decision. Although the student is the main borro...09 Sep, 2026, 03.18 PM IST
- Will you pay lower income tax on mutual fund capital gains after retirement? Know 7 ways to reduce your tax burdenRetirement doesn't mean tax-free mutual fund income. Understand how capital gains, IDCW payouts, and SWPs are taxed. Discover strategies li...09 Sep, 2026, 11.23 AM IST
- A retiree had 800 gallons of maple syrup in the barn. Here’s why selling it may not cut Social Security benefitsA Vermont retiree with 800 gallons of finished maple syrup could sell the inventory after retirement without those sales necessarily counti...08 Sep, 2026, 06.43 PM IST
- Returning to India from the UK? Capital gains and inheritance tax may still applyNon-resident Indians should note that leaving the UK doesn't automatically terminate tax residency. Retaining connections might keep your t...07 Sep, 2026, 11.59 AM IST
- Woman retired at 64 with $380,000 in her 401(k). Nine years later, her first RMD faced a 22% tax rateDuring the gap years, retirees often overlook essential tax planning opportunities. This crucial time allows them to manage their taxable i...04 Sep, 2026, 08.22 PM IST
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