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3 mins read

Trump's plan for Social Security will help baby boomers in the short term and cut benefits for anyone younger

Trump promised to cut Social Security taxes. Experts say the plan could slash benefits for low-inco…

Allie Kelly   


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51 lakh, or 7.5% more Indians filed income tax returns this year; 72% of taxpayers opted new regime, notes FinMin data

The total number of ITRs for AY2024-25 filed till July 31, 2024, is more than 7.28 crore.

ANI   


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About 6 cr ITRs filed for FY24; 70% under new tax regime

Addressing the post-budget session of PHD Chamber of Commerce and Industry, Malhotra said there wer…

PTI   


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India's strong economic recovery is led by fiscal expenditure: DSP MF

India's tax collections have also demonstrated robust growth, with gross tax revenue showing a five…

ANI   


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Indian banks to have steady growth in earning over next 3-4 years, fees from unsecured lending may dip, notes Jefferies report

Jefferies reports Indian banks are poised for steady earnings and return growth over the next 3-4 y…

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Five things to remember as you file your ITRs at the last minute

ITR-1 form is designed for resident individuals who have income from salary, one house property, an…

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Filing your ITR at the last minute? Don't make these mistakes

As per official data, about 6 crore ITRs have already been filed so far, and around 70% of them hav…

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Confused about the new tax regime? Here's when you should opt for it

The new regime was introduced in budget 2020 to simplify taxation, and offer lower rates of taxes c…

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Wondering which ITR form is right for you? Know all about it here

It's time to file your ITRs! While the deadline is 31st July, it's best to not put off filing your …

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Important dates to remember while filing your ITR this time!

13 days from now, i.e., 31st July 2024 is the last date for salaried individuals, non-resident Indi…

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ITR filing: Documents you need to file your income tax return

If you've paid premiums for a life or health insurance policy during the year, or invested in ELSS …

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ITR Filing: Today is the last day to file your income tax returns, so file today to avoid penalties

You will have to pay a penalty of Rs. 1,000 if your total annual taxable income is below Rs 5,00,00…

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4 mins read

All you need to know about the new tax regime

The new tax regime was introduced in Budget 2020 as a means to simplify tax calculations and offer …

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3 mins read

Decoding Form 16: How do you file your taxes if you don't get Form 16?

While you can still download Form-16, there's another, manual way to figure out your tax liability.…

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2 mins read

Did you know about the only Indian state exempt from paying any income tax? Know all about it here

​​Sikkim has its income tax manual, which stipulates that no resident of Sikkim was to pay taxes to…

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Decline in bank deposits because of non-uniform tax treatment on various investment options: SBI report

On the concern over the recent decline in bank deposits, the State Bank of India (SBI) in its lates…

ANI   


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6 mins read

A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?

The growth rate of bank deposits in India has been slowing, largely outpaced by credit growth. But …

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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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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…