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ITR filing: Got Section 143(1) intimation after filing your income tax return? Here’s what it meansAfter filing your Income Tax Return, you may receive a Section 143(1) intimation notice. This notice confirms the tax department's prelimin...- Should I sell gold to buy a second home, or is it better to pledge it?ET Wealth Reader's Query: I am 45, and want to buy a holiday home, or what may be called a second home. I do not have any major financial c...
- Trump administration may ban Chinese AI models, Axios reportsThe Trump administration is exploring ways to limit access to advanced Chinese AI models. This move could benefit American companies like O...
- Meta faces Tennessee trial over allegations Instagram was designed to be addictiveTennessee accuses the company of violating the state's consumer protection law by knowingly designing a product that drives teens to compul...
- Scientists affirm climate change fuels extreme weatherThe assessment comes as weather disasters dominate the headlines and as the public and private sectors pour resources into trying to unders...
- EPF Scheme 2026: Key changes in nominations, PF withdrawals, and employer complianceKey features— such as the 12% contribution rate for employers and employees as well as the Rs.15,000 statutory wage ceiling—remain unchange...
- These property sellers may need to re-compute advance tax after delayed release of Cost Inflation Index for tax year 2026-27; here’s what to doProperty sellers may need to re-compute advance tax after the Cost Inflation Index release. This delay impacts individuals selling property...
- Bengaluru Metro rail fines: From playing music to sitting on coach floors, you may have to pay Rs 2,500 for these violations in Namma MetroNamma Metro commuters can now be fined up to Rs 2,500 for playing music or videos on speaker, watching content without earphones, and other...
- Accounting fraud: Every time, the same queue. The company, the auditor, and shareholders at the endBy the time a “going-concern” paragraph appears in an audit report, the trouble is usually several quarters old. The earlier signals are el...
- Absence of train ticket alone cannot defeat railway-accident claim: SCThe Supreme Court ruled that a missing train ticket does not bar compensation for accident victims. This decision strengthens passenger rig...
- Is your employer delaying deposit into your NPS? Know how it can impact youGovernment departments must remit employee NPS contributions promptly to PFRDA. Delays in crediting NPS contributions will incur interest c...
- Cost Inflation Index: How it can help you file your income tax returnThe Income Tax Department has announced the Cost Inflation Index for the upcoming tax year. This index, set at 384, will adjust asset acqui...
- Have an inactive foreign bank account? You may still need to disclose it in your ITR for AY 2026-27Indian taxpayers must report dormant foreign bank accounts in their ITR. This requirement applies even if accounts have zero balance and no...
- Income tax on gifts: Received cash, property or shares? You may have to pay tax and report it in your ITR in these casesGifts from specified relatives are fully exempt from income tax. Non-relative gifts exceeding certain values become taxable under specific ...
- Did you claim a minimum Rs 10,000 income tax refund for your car bought in FY26? Here's how to claim your 1% TCS nowAccording to the income tax rules, car dealers are required to deduct 1% TCS if the ex-showroom value of the car exceeds Rs 10 lakh. Howeve...
- Rs 1 lakh flagship phone starts overheating within 2 weeks: Buyer denied replacement during warranty wins full refund from Flipkart, Samsung and othersA Kerala consumer commission has ordered Flipkart, Samsung, its authorised service centre, and the third-party seller to jointly either rep...
- No debt, Rs 5.67 crore net worth at 33. His biggest goal wasn't a luxury car but to retire. Bengaluru CA says it is not about lazinessBengaluru-based CA Meenal Goel shared a Reddit post by a 33-year-old with a net worth of Rs 5.67 crore, no debt, and a desire to retire ear...
- Bought a new apartment but facing structural, workmanship, or quality issues? Builders must repair it within 30 days if... Know your rights under RERABuilders must repair structural and quality defects within five years of possession. Homebuyers can report issues and expect repairs within...
- Presumptive taxation: Rebate to losses & deductions, what is the practical impact of changes under Income Tax Act, 2025Under the old Income Tax Act, 1961, the regime operated under three separate provisions. The new Income Tax Act, 2025 consolidates them int...
- SHANTI Act: The law ....may've started to show resultsThe SHANTI Act 2025 explained: India's nuclear power expansion is gaining momentum through new legislation. The SHANTI Act 2025 allows priv...
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