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Seema learned that gifts exceeding 50,000 are taxable, as she received a tax notice for unreported jewellery and cash. All gifts above this limit are taxable, with specific rules for weddings and employer gifts. Movable and immovable properties also have tax implications based on their value.
The Supreme Court ruled that eviction cases can continue after a landlord's death, allowing legal heirs to pursue the case and state their own need for the property. This decision aims to prevent delays caused by requiring new filings.
Robert Kiyosaki's market crash warning highlights risks and opportunities, while Rich Dad Poor Dad lessons guide investors to build wealth, manage risk, and stay prepared during downturns.
Indias passive investing boom is masking a simple reality: a handful of stocksand sectorsdrive a disproportionate share of returns.
As nuclear energy expands and liability laws evolve, individuals remain uncovered for nuclear exposureleaving the government as the ultimate risk bearer.
Warren Buffett receives a Social Security cheque calculated like everyone else's, based on his 35 highest-earning years.
PF KYC online update via UAN portal enables employees to correct Aadhaar-linked details, reduce PF claim rejection and ensure smooth verification and withdrawal access.
The NSC interest rate for 2026 remains unchanged for the April to June quarter, offering higher returns than many fixed deposit schemes, thereby reinforcing its appeal as a stable, government-backed small savings scheme with fixed returns and tax benefits.
HDFC ERGO Optima Secure vs Optima Secure Plus: Compare key features, benefits, and long-term value to choose the right health insurance based on your evolving financial and medical needs.
As the Nifty 50 tumbled 11% in March, fund managers unlocked their war chests to buy the dip, albeit in vastly differing ways. We examine whether tracking these cash calls is vital for your portfolio, or something you can ignore.
A Mumbai resident seeks to save 5,000 per month for travel but faces a shortfall of 3,800. Check ChatGPT's advice.
8th Pay Commission 2026: Latest updates on formation, consultation stage, website issues, expected salary revisions, fitment factor speculation and implementation timeline for central government employees and pensioners across the country.
The Income Tax Department clarified TDS on bank interest, creating confusion among investors regarding Fixed Deposits. Section 194A dictates TDS rules, with banking companies exempt from TDS on interest below specified thresholds.
Tata's Titanium Equity Long Short Fund employs a dynamic investment strategy that combines long and short equity positions to manage volatility and target capital growth across changing market conditions.
Senior citizens enjoy tax benefits such as higher exemption limits and deductions under the old regime. While the new regime standardizes limits, retirees can still claim deductions under various sections. Form No. 125 simplifies filing for eligible seniors, exempting them from Income Tax Returns.
Summer activities are often seen as a way to keep children occupied. But they can also become an entry point into financial thinking.
Ronald Wayne, Apple's third and forgotten co-founder, sold his 10% stake for $800 just 12 days after signing the founding agreement in 1976. Now 91, he says the decision was right even as that stake approaches $400 billion in value today,, after 50 years.
The Finance Ministry announced a 2% increase in Dearness Allowance for central government employees and pensioners, effective January 1, 2026, raising it from 58% to 60%. Here's all you need to know about the pay component
Shubh Health Criti is a unit-linked life insurance plan offering a market-linked health fund covering 60-plus critical illnesses, enabling tax-free medical withdrawals, premium stability and proactive health planning.
Top LIC Child Plans 2026: Compare Jeevan Lakshya, New Children's Money Back and Jeevan Tarun, highlighting IRR returns, survival benefits and long-term education savings solutions. Before locking in on any plan, do consult certified investment planners.
EPF contributions are vital for retirement savings, with both employees and employers contributing 12% of basic salary. Employer contributions also fund the EPS, providing monthly pensions. Monitoring EPS records is crucial to avoid discrepancies that can affect retirement benefits.
Not all income earned by NRIs is taxable in India, only the sources that are based in India or fall under purview of Indian tax laws, according to Clear Tax. Check for the FAQs and factors explained
SCSS vs SSY vs SBI FD vs PPF comparison highlights interest rates, lock-in periods, tax benefits and suitability, helping investors in the nation choose stable, low-risk savings options in uncertain markets.
Experts explain the tax impact of selling a reinvested house within three years and whether NRIs can claim India-UAE DTAA relief without a current-year TRC.
EPF contributions accumulate interest annually at 8.25%, combining employee and employer inputs. A consistent monthly contribution can yield substantial returns over 30 years. Here's all you need to know.
The insurer that trusts good hospitals retains them. The hospital that bills responsibly earns faster approvals. The customer who engages honestly pays lower premiums.
Check out ITR Filing 2026 deadlines for FY 202526 and AY 202627, covering key income tax return due dates, revised filing timelines, belated return provisions and essential compliance updates for all taxpayer categories in the country.
Incorrect income reporting can lead to penalties under the Income Tax Act, 2025 with fines up to 200%. Taxpayers can avoid such steep penalties by voluntarily disclosing errors and paying required taxes. Details here.
It is up to the Aadhaar user to determine their own view on the use of Aadhaar for purposes relating to establishing the date of birth.
Parents can choose from government-backed savings options like NPS Vatsalya and Sukanya Samriddhi Yojana for their children. Sukanya is for girls only, offering fixed returns, while NPS Vatsalya is market-linked. Details of each scheme here.
The video, identified as AI-generated, falsely asserts an initial deposit of 22,000 can yield 30 lakh per month. Citizens are advised to verify information through official sources.
8th Pay Commission (8th CPC) is in an active consultation phase as of April 2026, reviewing demands from BPMS, PSNM & NC-JCM and other stakeholders. With the final decision on salary & pension awaited. Stakeholder meetings are ongoing across India before the Commission submits its final report.
ChatGPT advises a Bengaluru couple to increase their home loan EMI and make annual prepayments to close their loan early. Check the complete set of suggestions.
By timing autumn foliage, choosing public transport over taxis and balancing splurges with savings, this Bengaluru couple explored Seoul, Busan and Gyeongju in 12 days for 2.75 lakh.
While only Congress can formally dismantle the department, the administration is pursuing incremental changes through inter-agency agreements.
NRIs reportedly face higher tax implications when selling property in India due to revised capital gains tax rules and increased TDS rates. Proper planning, understanding exemptions, and compliance with regulations are essential to minimise tax liabilities and ensure smooth transactions.
The minimum payment is usually about 5% of your total outstanding bill. This is the minimum amount you must pay each month on a credit card.
Investing in equity mutual funds is popular for long-term wealth. When redeeming, capital gains tax may apply based on profits and holding periods. The FIFO method determines which units are sold first, impacting tax calculations for short-term and long-term capital gains.
8th Pay Commission says it is scheduling maximum meetings with Unions and Associations between 28 to 30 April in Delhi and will hold more meetings in the national capital and in other states in due course.
The score, which usually ranges from 300 to 900 points, tests ones capability to pay debts. The significance of a credit score is that it indicates just how creditworthy an individual is.
To file ITR-4 for AY 2026-27, visit the Income Tax e-Filing Portal, verify details, enter income and deductions, validate the form, and submit using Aadhaar OTP or EVC. Eligibility includes earning under 50 lakh from business, with specific conditions for freelancers and property owners.
PSNM demands a minimum basic pay of 50,000 for Level 1 employees and 1,34,500 for Level 6 teachers in the 8th Pay Commission. Key demands include higher HRA, annual increments, merging basic pay with DA, and restoring the Old Pension Scheme.
Central government employees and pensioners await DA and DR arrears from the COVID-19 period. The Finance Ministry confirmed in 2020 that these payments cannot be released, despite ongoing demands. A recent increase of 2% in DA and DR has been approved, effective January 1, 2026.
The Ministry of Finance said Dearness Allowance (DA) payable to central government employees shall be increased from 58% to 60% of Basic Pay, with effect from 1 January 2026. Here's how much that impacts the monthly income
Rebate under Section 87A reduces tax for low to middle-income earners, with different income limits applicable under the old tax regime and the new regime. Check details for eligibility, limits and rules here
From porting health insurance without losing waiting period credits to increasing term cover as income rises, heres what policyholders need to know before making a move.
A 23-year-old marketing strategist shared her monthly expenditure in Old Manali. She divided it into non-negotiable and discretionary expenses, giving a reality check of life in the mountains.
Credit cards are essential for daily expenses, aiding travel with convenience and rewards. However, misuse can lead to debt and low credit score. Here are 5 common credit card mistakes one should avoid at any cost.
I told ChatGPT: Im Gen Z, fresh into my first job in Bengaluru after moving away from home. My first salary is 50,000. So, how to spend it? Here's the AI response.
Indian I-T rules allow senior citizens some relief in taxes through deductions, exemptions and compliance activities, that they can use to reduce liability. Here's a look at what's available, which tax regime to choose and how investment planning can help finances and taxes.

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