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2 mins read

Income Tax Department seizes record ₹1,100 crore cash and jewellery in Lok Sabha elections 2024

As per the sources, by the end of May 30th, the department had seized approximately Rs 1100 crore w…

ANI   


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7 mins read

SEBI is on a mission to take on the wild, wild west of futures and options in India. Here’s why, what, and how of it

Indian equity futures and options trading has become exceedingly risky, with 91% of individual trad…

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7 mins read

SIMPLY PUT: SEBI is on a mission to take on the wild, wild west of futures and options in India. Here’s why, what, and how

It's no secret that futures and options see extreme risks, with most traders losing money regularly…

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2 mins read

Sebi eases Know Your Customer (KYC) compliance guidelines

Markets regulator Sebi has decided to simplify the risk management framework for validating Know Yo…

PTI   


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2 mins read

Here’s how you can claim medical expenditure incurred on family to save taxes

Medical insurance offers an umbrella cover for family — dependent children and parents. But, medica…

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3 mins read

Millions more people without children are now eligible for a tax credit that could save them thousands

The IRS made the Earned Income Tax Credit available to more childless people and young adults, savi…

Jason Lalljee   


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5 mins read

A semi-retired couple moved to Puerto Rico for an adventure and some tax benefits, but a healthcare crisis may soon change their plans

There are financial incentives for people looking to retire in Puerto Rico, but there are also some…

Cork Gaines   


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3 mins read

Have a home loan? You may want to opt for the old tax regime

Home loan holders may be able to save more money on taxes under the old tax regime by claiming maxi…

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2 mins read

CBDT exempts startup investments from 21 nations including US, UK from angel tax

India’s finance ministry has announced that non-resident investors in unlisted Indian start-ups fro…

PTI   


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6 mins read

Robin Madell   


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1 min read

Here’s how sending your child to school can help you save on taxes

As Finance Minister Nirmala Sitharaman gears to announce the union budget next month, Indians are l…

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2 mins read

You might pay less in taxes for 2023 because of inflation

If your salary hasn't kept up with skyrocketing prices, you might find yourself in a new tax bracke…

Juliana Kaplan   


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1 min read

Filing new ITR forms is not a cakewalk, here’s why

Central Board of Direct Taxes (CBDT), the Indian authority responsible for administration of the di…

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2 mins read

India issues clarifications on additional tax on cryptocurrencies

India is set to levy a 1% TDS on crypto transactions, over and above the 30% tax it already levies.…

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5 mins read

The big announcements from India's Finance Minister Nirmala Sitharaman

Indian Finance Minister Sitharaman had announced a series of measures to deal with the economic cra…

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3 mins read

After cryptos, the taxman could come for your NFTs says a new report

The Indian government, earlier this year, brought virtual digital assets (VDA) under the ambit of t…

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4 mins read

From cryptocurrencies to NFTs, India to tax all ‘virtual digital’ assets at 30%

India plans to tax cryptocurrency transactions at a rate of 30%. This is at par with the highest in…

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2 mins read

What you need to know about the GST registration process

Brought into effect by the biggest ever tax reform in India, GST has highly eased how businesses a…

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4 mins read

What is my filing status? It helps determine how much income tax you pay

Disclosure: This post is brought to you by the Personal Finance Insider team. We occasionally highl…

Tanza Loudenback   


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1 min read

Ukrainian authorities say citizens don't need to declare captured Russian tanks and military equipment for tax purposes

Authorities said the declaration of seized tanks and military equipment is unnecessary as the "cost…

Cheryl Teh