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Section 44ADA allows eligible professionals to pay tax on 50% of their gross receipts as taxable income, treating the rest as a deemed expense deduction. The scheme applies to specified professionals with receipts up to 50 lakh, extendable to 75 lakh if cash receipts are within 5%.

With more than 3 crore Income Tax Returns already filed, taxpayers have a limited time before the 31 July 2026 deadline. Missing it can lead to late-filing fees, interest, refund delays, psychological stress, and loss of tax benefits, making timely filing essential.

Small-cap investing has historically delivered strong return potential but with frequent sharp corrections. Data from Nifty Smallcap 250 TRI show that staying invested through volatility and adopting disciplined approaches, such as SIPs, reduces the impact of market timing on long-term outcomes.

The Universal Account Number (UAN) is essential for checking your PF balance, filing claims and accessing other EPFO services. Here's how members can recover a forgotten UAN online or through EPFO's offline facilities.

EPFO has urged salaried employees not to withdraw EPF savings for mutual funds, highlighting EPF's retirement, pension and insurance benefits. Here's how EPF differs from mutual funds, key features, tax benefits and practical investment takeaways for long-term financial planning.

A Rajasthan consumer commission has reportedly ruled that insurers cannot reject an otherwise valid claim merely because of an unrelated tax irregularity. The decision underlines that the reason for claim repudiation must have a direct link with the insured loss.

A split reduces the per-unit price of an ETF and increases the number of units an investor owns, while the total value of the investment remains the same. It is not a taxable event and tax applies only when the investor sells the ETF units.

Marcellus Investment Managers' founder and CIO Saurabh Mukherjea argues that portfolios anchored solely to domestic markets may no longer be enough.

The Centre has introduced a paperless CGHS pensioner card application process through the Bhavishya Portal for retiring central government employees. The move enables auto-filled applications, PAN-based verification, online payment and faster access to CGHS healthcare benefits after retirement.

A Bengaluru taxpayer won relief after the Income Tax Appellate Tribunal held that filing a revised ITR does not extinguish the right to carry forward capital losses if the original return was filed within the prescribed due date.

The e-Pay Tax facility allows taxpayers to pay direct taxes online quickly and securely without visiting a tax office. It supports both pre-login and post-login payments through multiple payment modes, offering flexibility and easy access to challans and payment records.

Gold and silver prices today, 23 July: Check the latest 24K, 22K gold, and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates and how they are affected by ongoing geopolitical developments. 

PFRDA has amended NPS regulations to make pension funds accountable for lapses by third-party entities engaged to provide subscriber services. The regulator has also introduced a Regulatory Sandbox framework to encourage innovation while safeguarding investors.

First-time home buyers often make costly loan mistakes that increase EMIs and overall repayment burden. Experts explain how tenure, down payment, credit score, hidden costs and borrowing limits impact home loan affordability, helping buyers make smarter financial decisions.

Petrol, diesel prices today, 23 July: Petrol and diesel prices across India remained unchanged even as Brent crude climbed to $95.5 per barrel, its highest level in more than six weeks, amid mounting concerns that the escalating conflict in the Middle East could disrupt global oil supplies.

8th Pay Commission is expected to submit its report by MayJune 2027. Here's how inflation, cost of living, economic conditions, pay parity and the fitment factor could influence salary hikes, pensions and allowances for over 1.1 crore central government employees.

Passive funds still account for just 16% of India's mutual fund assets, a fraction of the US's 55%, with growth driven mainly by corporate investors.

SpaceX's short positions surged to 206 million shares, accounting for 32% of its public shares, valued at $25 billion. Despite recent bearish sentiments, analysts remain optimistic, with over 80% recommending a buy and potential for significant growth ahead.

A widespread misconception exists that capital gains tax remains deferred until funds are physically withdrawn from the CGAS account.

Filing your income tax returns can be a tough task for first-time taxpayers and salaried individuals alike. Here's a stepwise guide to filing your ITR online yourself, without a CA or tax professional.

SpaceX has lost nearly $1 trillion in market value in five weeks, despite optimism from analysts. The stock rose to $225.64 before plunging 21%. Currently, over 80% of analysts recommend buying, viewing recent declines as potential opportunities despite concerns over high valuations.

Today, we take a look at how EPF subscribers can transfer their old provident fund collection to a new account, how to merge their PF accounts and what to do if they have multiple Universal Account Numbers (UANs).

8th pay commission: Current house rent allowance rates were set in 2017 last, according to National Council Joint Consultative Machinery. Here's why the NC-JCM has demanded that HRA be revised

Dearness Allowance: West Bengal CM Suvendu Adhikari says aim to implement 7th pay commission this fiscal and bridge the salary gap between its state and central government employees with DA hike. 

If your father inherited property from his father, can he sell or bequeath it without your consent? Here's what Hindu law says about ancestral property and coparcenary rights.

SEBIs move to allow standing instructions for SWP and STP facilities on demat-held mutual fund units is a significant step towards improving investor convenience. While SOA may offer lower costs, demat provides consolidated portfolio management and a single nomination facility for investors. 

Beneficiaries under Andhra Pradesh's Talliki Vandanam scheme 2026 have begun receiving their 13,000 deposit in their accounts from today, 22 July. We explain the eligibility criteria, how to apply, and how you can check payment status.

India's lending ecosystem has evolved through digital innovation and public-private partnerships, enhancing data sharing and analysis. 

The tax treatment of silver depends on the investment route and the holding period. While capital gains tax applies to ETFs, FoFs and physical silver, the purchase of physical silver also attracts GST.

India's Account Aggregator framework enhances Open Finance by enabling secure, consent-based sharing of financial data.

Home bias isn't a tactical call based on current market conditions but an investing philosophy Bajaj AMC's Nimish Chandan has followed for years.

Selling inherited property at a loss requires correct reporting in ITR-2. Understand capital loss calculation, carry-forward rules, documentation needs and tax filing steps to claim eligible benefits and stay compliant under the Income Tax Act.

The AIS now displays foreign assets and income for CY2022-24. But taxpayers should use it to verify past disclosuresnot report the same information again in this year's income tax return.

Multi-cap mutual funds continued to attract strong investor inflows in June 2026, even as returns varied widely across schemes. While most funds delivered positive one-year returns, only four ended in the red in the last one year period.

Crowdfunding may be driven by compassion, but that doesn't automatically make the money tax-free. Here's what the law says, why the rules remain unclear, and how to avoid future tax disputes.

The Income Tax Department allows taxpayers to discard an Income Tax Return (ITR) and file a fresh one if they spot mistakes before verification. However, if the fresh return is filed after the due date, it will be treated as a belated return.

Income tax return filing is incomplete without e-verification. Here are five quick ways to verify your ITR within 30 days, avoid your return being treated as invalid and ensure faster processing and tax refunds before the filing deadline.

ITAT Mumbai has allowed a taxpayer to claim the Section 87A rebate on tax payable on short-term capital gains for AY 2024-25. The ruling clarifies that the rebate cannot be denied for STCG when the law applicable for that year did not specifically restrict such benefit.

Gold and silver prices today, 22 July: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.

CKYC number is a 14-digit identifier that simplifies KYC verification for banks and financial institutions. Here's how CKYC works, its benefits, ways to find your number and why it helps make financial transactions faster and safer.

Ignoring a crypto tax notice can lead to reassessment, penalties or even prosecution in some cases. Timely reconciliation of records and responding within the prescribed deadline can help investors avoid unnecessary tax disputes.

NaBFIDs 20,000 crore zero-coupon bonds offer investors a 10-year fixed-income option with no regular interest payouts. Here are the issue price, maturity value, expected returns, taxation rules and key factors to consider before investing in these infrastructure-focused bonds.

8th Pay Commission: Fitment factor remains the biggest concern for central government employees and pensioners. Final recommendations are expected by mid-2027, and fiscal sustainability will influence revisions to salaries and pensions.

Filing your income tax returns (ITR) can be a tough task for first-time taxpayers and salaried individuals alike. Here's a checklist of essential documents you'll need to make the process smooth and hassle-free.

The Employees' Provident Fund offers a secure retirement savings option for Indian salaried individuals offering an 8.25% interest rate for FY26. Here's how EPF subscribers can retrieve their UAN via the EPFO portal or Umang app.

Only four of the 23 value mutual funds delivered double-digit returns over the past year, while nine schemes posted losses. Experts explain why the numbers don't tell the full story and what investors should look for instead.

The 8th Pay Commission is in discussion to recommend pay hikes and salary structure for central government employees and pensioners. Chaired by Ranjana Prakash Desai, it aims to benefit around 1 crore individuals and will submit recommendations by November 2025.

Dearness Allowance: A fixed percentage of pensioners' monthly pension payments is aimed at mitigating inflation. However, unlike DA in salaries for central government employees, the component is known as Dearness Relief or DR.

Newly married couples should review health insurance plans, assess coverage needs and plan for maternity benefits. This guide highlights common mistakes, including relying only on employer cover and overlooking parents healthcare needs, to help couples make smarter financial decisions.

A retired PSU employee successfully challenged a 2 lakh tax demand after ITAT Pune ruled that a leave encashment exemption cannot be denied because it was omitted from Form 16. The Tribunal held that statutory tax benefits are determined by law and not by how the employer reports them.