NPS choices for NRIs explained: Can NRIs invest in Tier II NPS accounts? Check rules and investment optionsFor Non-Resident Indians, establishing a retirement corpus back home is simplified with the National Pension System. NRIs can open a Tier-I...
12 Aug, 2026, 05.05 PM IST
Presumptive taxation for professionals: The 50% rule remains-but what changes for deductions and losses under the new tax Act?The 50% presumptive taxation rule for professionals largely continues under the new Income-tax Act. However, Section 58(4) introduces a wid...
12 Aug, 2026, 11.08 AM IST
How should my NRI children disclose gifts received from relatives in ITR-2?ET Wealth Reader's Query: My two NRI children are unable to find a field in ITR-2 to disclose gifts received from relatives. The Income Tax...
11 Aug, 2026, 12.27 PM IST
Quote of the Day by Hulk Hogan, 'I feel really good right now. It will really be a tough decision. It's so hard to give up what you love doing. Hanging up the boots will not be an easy thing to do' teaches powerful timeless wisdom on knowing when to let go, offers psychology lessons on happiness, inner peace after retirementQuote of the day by Hulk Hogan offers a timeless message about the emotional cost of change. Knowing that something must eventually end doe...
10 Aug, 2026, 09.08 PM IST
Why you may lose EPF interest on your inoperative account: EPFO explains what you should doEmployees' Provident Fund (EPF) accounts become inactive if there are no contributions or withdrawals for three consecutive years. To avoid...
10 Aug, 2026, 05.26 PM IST
Financial wellbeing at workplace: Planning for retirement, child's education still top challenge for employees; here's how it can changeFinancial action is moving faster than financial preparedness among employees, with many investing, exploring new opportunities, and thinki...
10 Aug, 2026, 12.39 PM IST
FIRE isn't the finish line: Escape from 9-5 with early retirement is fine but finding purpose after financial freedom is crucialVamsi Ayyagari and Gajendra Sharma are among professionals who are leaving corporate jobs to follow their entrepreneurial dreams. They focu...
10 Aug, 2026, 11.37 AM IST
6 reasons you may get income tax notice even after meeting July 31 ITR filing deadlineFiling your income tax returns punctually doesn't guarantee immunity from tax department notices. Often, discrepancies arise between report...
08 Aug, 2026, 10.15 AM IST
Gratuity tax deduction denied due to ITR filing error? ITAT Chennai says genuine claims can't be rejectedDue to incorrect schedule in original ITR gratuity tax deduction under Section 43B denied; ITAT Chennai gives relief and says a genuine ded...
08 Aug, 2026, 07.00 AM IST
Can NRIs invest in RBI Floating Rate Savings Bonds offering 8.05% interest rate?Non-Resident Indians (NRIs) are prohibited from making new investments in RBI floating rate savings bonds; however, those who are existing ...
07 Aug, 2026, 04.12 PM IST
NPS for NRIs: Who can invest, tax benefits, eligibility, withdrawal rules explainedNon-Resident Indians have the opportunity to secure their retirement through investment in the National Pension System (NPS). This program ...
06 Aug, 2026, 04.04 PM IST
Earnings from unexercised ESOP buyback is LTCG, not pay perk: ITATThe Income Tax Appellate Tribunal ruled that vested ESOPs are not taxable as salary until exercised. It held that gains from Flipkart's rep...
06 Aug, 2026, 09.01 AM IST
Unexercised ESOP buyback gains taxable as LTCG, not salary income: ITATThe Income Tax Appellate Tribunal determined that employee stock options are not considered part of salary perks until they are exercised. ...
04 Aug, 2026, 11.23 PM IST
Apple’s new CEO taps retired hardware executive for management teamIncoming Apple CEO John Ternus is building his new leadership team. He has hired Laura Legros, a former hardware engineering vice president...
04 Aug, 2026, 12.39 PM IST
Retiring with an EMI? Here's when it can make sense and when it could derail your retirementRetiring debt-free is an ideal goal, but not always achievable or necessary. Experts suggest focusing on EMI affordability rather than comp...
04 Aug, 2026, 06.17 AM IST
ITAT Mumbai cancels income tax notice over Rs 8 crore compensation to tenants without their consent; rejects I-T department's contingent liability claimBuilder's hired firm wanted to pay 56 tenants additional Rs 8 crore to vacate land; Tax Dept sent notice citing this payment as contingent ...
02 Aug, 2026, 04.06 PM IST
Confused about ITR forms? Here's how to pick the correct ITR for AY 2026-27Choosing the right Income Tax Return form for AY 2026-27 depends on income sources. ITR-1 now allows reporting income from two house proper...
31 Jul, 2026, 02.07 PM IST