Money

Over 1.62 crore taxpayers have so far filed their income tax returns (ITRs) this assessment year (AY2025-26). The Income Tax Department website shows that as many as 1.13 crore verified ITRs have been processed by the department. Comparing this year’s data with last year’s over 9 crore ITRs, it can be said that more than

A parliamentary committee examining the new Income Tax Bill gave some important suggestions on Monday. The committee has recommended to the Finance Ministry that people who file income tax returns after the deadline should also be allowed to claim TDS refund without paying a penalty. Also, anonymous donations received by trusts with both religious and

Have you ever seen a building come up from scratch. I did see one come up from my window in the last 2 years. For almost over a year of it, all I saw was a huge crater being dug. It just kept growing. I was fed up of the noise throughout the day, but

Central government employees and pensioners across India are closely watching developments around the upcoming 8th Pay Commission, which is expected to significantly increase salaries and pensions. According to a recent report by Ambit Capital, the new pay structure could lead to a 30–34% hike in overall remuneration, impacting over 1 crore employees and retirees nationwide.

A Reddit post recently went viral in which a middle-class professional shared his 12-year career and financial journey with utmost honesty and detail. In the post, the Redditor talked about his middle-class background and how he started his career with a paltry salary of Rs 7,000 a month. Despite all the challenges, the person went

Taxpayers who have shown fake deductions in their ITRs (income tax returns), made false claims or deliberately concealed any income are warned by the Income Tax Department to correct their mistake by filing a revised ITR – ITR-U. Otherwise, they will have to face strict action, the finance ministry recently said in a circular. In

In today’s world, spending money wisely has become a rare quality as there are countless ways to splurge — from expensive cars and luxury houses to branded items and even the pressure to show off on social media. If you are someone who often spends money unnecessarily or mindlessly and wants to break this habit

A credit card is not just a plastic card these days, but a financial responsibility. When the credit card bill comes at the end of the month, many people just pay the “minimum due” and think their work is done. As easy as this option seems, it can prove to be equally dangerous if it