If you file ITR-1 or ITR-4 under the old tax regime, then this write-up is very important for you. The Income Tax Department has made many new changes in the ITR forms this time, which will directly affect your tax filing. The special thing is that now just filling out the form will not be
In the first half of 2025, the Reserve Bank of India (RBI) has reduced the repo rate by 100 basis points, ensuring a significant decline in the loan rates in the banking sector. This has brought great relief, especially for home loan borrowers, because this loan is taken for a long period (20 to 30
The Income Tax Department last month extended the deadline for filing Income Tax Returns (ITR) in non-audit cases for the financial year 2024-25 to 15 September 2025. While this relief may be good news for some people, it does not mean that you wait till the last day. Today, when tax portals and documents have
The Employees Provident Fund Organisation (EPFO) has started crediting interest for the financial year 2024-25 to the accounts of its members. Although no official email or SMS has been sent by the EPFO so far, many people have received the interest amount in their PF account. The Finance Ministry recently ratified an 8.25% interest rate
In a significant relief for taxpayers who had filed income tax returns (ITRs) late but with proper condonation from the Income Tax Department, the Central Board of Direct Taxes (CBDT) has allowed processing of such returns and issuance of refunds by March 31, 2026. The tax department’s move is aimed at addressing cases where valid
ITR Filing AY 2025-26: One common question most taxpayers grapple with every year when they file their income tax return (ITR) is if they can claim both House Rent Allowance (HRA) and home loan interest deduction benefits. So, the answer is ‘yes’, it is legally possible since many taxpayers live on rent and also pay
In the wake of RBI repo rate cuts in the last around 6 months, the affordability of homes for buyers has improved across eight major cities in the country in the first half of this year, according to a report. According to Knight Frank India’s latest Affordability Index for H1 2025, housing affordability has improved
The Income Tax Department has so far released only the offline and online utilities of ITR-1 and ITR-4 to enable income tax return (ITR) filing. However, corresponding utilities for other ITR forms, including ITR 2 and 3, are yet to be made available. While the last date for filing returns has been extended to 15
What would you do if you were fired today? Would you spiral into panic or pause in relief? In a raw and unnervingly honest Reddit post, a 36-year-old man from North Delhi lays bare his financial life after getting fired. But this isn’t a sob story. It’s something more jarring: a confession, an audit of
E-commerce giant Flipkart has rolled out a new liquidity event for eligible employees holding vested stock options. Employees who were with the company between July 6, 2022, and July 5, 2025, will have the option to sell up to 5% of their vested ESOPs, according to an internal email to staff from CEO Kalyan Krishnamurthy.
Gold investors are experiencing a strong bull run, vindicating their strong belief in the yellow metal. The performance of gold over the last ten years has been staggering, and long-term investors in gold have made a good profit. But, wait. Gold has never been a popular investment option for most retail investors. A chunk of
The recent changes made by the government in the Employees’ Provident Fund (EPF) rules have come as a big relief, especially for salaried people who want to buy a house for the first time but have been finding it difficult to arrange for the down payment. Now, employees will be able to withdraw money from
Hindustan Unilever (HUL) has named Priya Nair as its next Chief Executive Officer and Managing Director. Her appointment marks a significant milestone in the company’s history, as no woman has held the top post at HUL before. She will take charge on August 1, replacing Rohit Jawa, who is stepping down on July 31. Jawa
