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REVISED RETURN OF INCOME
US yields pull back as rate hike bets ease after inflation dataYields on 2-year and 10-year US Treasuries fell due to lower-than-expected inflation data. The Personal Consumption Expenditures Price Inde...
Rs 9.91 lakh income tax refund for senior citizen after proving that he mistakenly paid income tax on tax-free bonds; ITAT Delhi order explainedMr Ajay Kumar Bakaya a senior citizen from Gurgaon faced a significant tax issue when he accidentally overpaid income tax on his tax-free b...
NCERT Class 9 new SST textbook will have Ram Rajya, Maharana Pratap’s resistance, Mahabharata, Sengol & UpanishadsNCERT Class 9 new textbook: NCERT has released the revised Class 9 Social Science textbook, Understanding Society: India and Beyond – Part ...
Will interest rates of PPF, SCSS and other small savings schemes go up on September 30 in next quarterly review due to high inflation?On September 30, 2026, the Finance Ministry will evaluate interest rates for small savings schemes. With high inflation and increasing G-Se...
My NRI status changed. Will interest earned on my NRE FDs be taxable in India?ET Wealth reader's query: I was an NRI until FY2024–25. After relocating to India, my residential status changed to ‘resident’ from FY2025–...
Can you save tax by gifting money to your HUF? How Section 99 changes the tax equationMoney or property gifted by a member to an HUF may not be taxable in the HUF’s hands because of the “relative” exemption. But the tax conse...
ETMarkets Smart Talk | The next 12 months may be about capital saved, not returns made: Praveen JagwaniPraveen Jagwani advises investors to prioritize capital preservation over chasing high returns. Highlighting the need for extensive diversi...
ITR filed under old tax regime by mistake, income tax paid under new regime: How a lady won case in ITAT DelhiFiled ITR under the old tax regime but paid income tax under the new tax regime; ladywins case in ITAT Delhi after proving her accountant m...
Why Japanese monks are turning to stocks, US treasuries and real estateJapanese Buddhist temples are turning to financial markets as a solution to their rising maintenance expenses. With fewer members and reduc...
Inevitable inching closer: US Fed may raise rates after 3 years. What it means for Indian stock marketThe US Federal Reserve is widely expected to raise interest rates for the first time in three years, as persistent inflation, higher oil pr...
BRICS adopts New Delhi Declaration: Inside the 140-point document on Global South's ambitionsBRICS leaders adopted the New Delhi Declaration at the 18th summit, reaffirming their commitment to cooperation, multilateralism and a more...
TVK’s Rs 79,219 crore spending push raises fresh concerns over Tamil Nadu financesThe Tamil Nadu government announced a massive Rs 79,219 crore budget for development projects. This spending faces criticism amid concerns ...
Scorpio Horoscope This Week (September 14 – September 20, 2026): Mars Transit Could Push You Toward Travel, Higher Learning and Bigger Career PlansAs the week unfolds, Scorpios are set to gain a confident boost and a surge in career energy. Financial struggles will ease, paving the way...
The cookie jar: Rs. 403 crore of expected losses simply disappeared, and turned into profit. Nobody had earned a rupeeA provision is simply management's estimate of a future cost the company can already see coming: Repairs under warranty, a lawsuit it might...
Largecaps look better as smallcaps price in strong growth: Franklin Templeton’s Arihant JainLargecap stocks offer a better risk-reward balance than mid- and small-caps as higher growth expectations are already priced into smaller c...
Foreign income disclosed in ITR-U: Why it could still trigger Black Money Act - FAST-DS 2026 ParadoxFAST-DS 2026 raises an important question for taxpayers who have voluntarily disclosed foreign income through a valid ITR-U. Can such incom...
US Green Card: USCIS can now check sponsor’s credit information; what changes for applicantsUSCIS has updated Form I-864, the Affidavit of Support, effective August 31. The revised form includes a privacy release for credit informa...
Record 7.8 crore ITRs filed for AY26-27 as August 31 deadline endsOver 7.8 crore Income Tax Returns were filed for AY 2026-27 by August 31. This marked the close of the revised statutory deadline for non-a...
Land(ing) in trouble: ₹8,500 cr property deals under taxman's scannerTransactions were either not reported, were undervalued or had suspected benami ownership; deals span bulk land purchases, agri land & othe...
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 ...