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Ayush Mishra

Senior Correspondent, Moneycontrol

ITR-1 expands scope to include LTCG up to exemption limit; here’s what else has changed

BUSINESS

ITR-1 expands scope to include LTCG up to exemption limit; here’s what else has changed

Taxpayers claiming deductions under Section 80GGC are required to disclose the name and PAN of the political party receiving the contribution

Oracle layoffs: How severance packages in India are taxed

BUSINESS

Oracle layoffs: How severance packages in India are taxed

Severance payouts may look generous, but tax rules can significantly reduce the final take-home

ITR filing for AY 2026–27 to continue under Income-tax Act, 1961

BUSINESS

ITR filing for AY 2026–27 to continue under Income-tax Act, 1961

The Income Tax Act, 2025 has come into effect from April 1 and its provisions will apply from Tax Year 2026–27

Income tax and financial changes from April 1: Know what changes and how it affects you

BUSINESS

Income tax and financial changes from April 1: Know what changes and how it affects you

From a new tax law to updated filing rules and investment taxation, here’s how the changes will impact taxpayers from April 2026

What are the changes in TDS forms from April 1, 2026

BUSINESS

What are the changes in TDS forms from April 1, 2026

Revised TDS and TCS forms to come into effect with simplified structure, renumbering, and enhanced digital features

New PAN rules from April 1 2026, for taxpayers: What you need to know

BUSINESS

New PAN rules from April 1 2026, for taxpayers: What you need to know

The name on the PAN card must match the name in the Aadhaar records. Any mismatch could lead to rejection, so it is important to verify Aadhaar details beforehand

Financial rule changes from April 1, 2026: What’s changing and how it affects you

BUSINESS

Financial rule changes from April 1, 2026: What’s changing and how it affects you

From stricter digital payment security and revised train ticket refunds to updated FASTag pricing and ATM transaction limits, several financial rules are set to impact everyday transactions.

Government notifies ITR forms for AY 2026-27: Taxpayers can file returns by July 31

BUSINESS

Government notifies ITR forms for AY 2026-27: Taxpayers can file returns by July 31

ITR-1 to ITR-7, along with ITR-V and ITR-U, released, filing to continue under Income Tax Act, 1961 for AY 2026–27

New Income Tax Law from April 1: Meal Card, ITR, PAN changes you must know

BUSINESS

New Income Tax Law from April 1: Meal Card, ITR, PAN changes you must know

From a new tax law to updated filing rules and investment taxation, here’s how the changes will impact taxpayers from April 2026

CBDT clarifies TDS rules on bank interest under Income Tax Act, 2025

BUSINESS

CBDT clarifies TDS rules on bank interest under Income Tax Act, 2025

Under the Income-tax Act, 2025, the corresponding provision relating to TDS on interest is contained in Section 393(1) [Table: Sl. No. 5(ii)], and the definition of a ‘banking company’ has been provided in Section 402 of the Act

Tax-harvesting deadline today: Why execution and not settlement date matters

BUSINESS

Tax-harvesting deadline today: Why execution and not settlement date matters

With markets closed on March 31, today is the last trading day of FY26 to book gains or losses for tax harvesting

Will, Trust or HUF: Choosing the right route to pass on wealth

BUSINESS

Will, Trust or HUF: Choosing the right route to pass on wealth

The right mix of will, trust, and HUF depends on your family structure, assets, and long-term financial goals.

ITR-U filing deadline: Last chance to fix errors before March 31

BUSINESS

ITR-U filing deadline: Last chance to fix errors before March 31

Taxpayers can use ITR-U to disclose missed income or correct returns within 48 months

Planning to take a home loan? Compare the latest interest rates across lenders

BUSINESS

Planning to take a home loan? Compare the latest interest rates across lenders

Borrowing costs differ across lenders; checking rates can help reduce the overall repayment burden

Banks closed for 4 days next week; check the holiday list before visiting a branch

BUSINESS

Banks closed for 4 days next week; check the holiday list before visiting a branch

A series of festivals and weekend holidays will keep bank branches shut across several states; here’s a detailed city-wise schedule to help you plan your visits and transactions

Earning from social media? Here’s how your income is taxed and which ITR form to file

BUSINESS

Earning from social media? Here’s how your income is taxed and which ITR form to file

Money earned through brand promotions, ads, affiliate links or even free products from companies is taxable under Indian income tax rules.

Setting up a family trust? Key points to keep in mind before getting started

BUSINESS

Setting up a family trust? Key points to keep in mind before getting started

A trust can be created with any amount of property or money. The initial settlement may also be nominal, with other assets and money contributed later

Swiping right? Here are things to know before using your credit card abroad

BUSINESS

Swiping right? Here are things to know before using your credit card abroad

Most travellers assume they are simply paying the listed price when they swipe their card overseas. In reality, multiple layers of charges are applied to every international transaction

RBI’s new 2FA rules kick in April 1: Know what changes for users

BUSINESS

RBI’s new 2FA rules kick in April 1: Know what changes for users

Under the revised framework, all digital transactions, whether made through cards, UPI, or wallets, will require verification using a minimum of two separate authentication factors

Accident during election duty: Who bears liability for requisitioned vehicles?

BUSINESS

Accident during election duty: Who bears liability for requisitioned vehicles?

Insurance contracts are premised on risk during private operation, not when possession and control shift to government authorities

ITAT Chennai ruling clarifies equity transfers to private trusts for relatives are not taxable under Section 56(2)(x)

BUSINESS

ITAT Chennai ruling clarifies equity transfers to private trusts for relatives are not taxable under Section 56(2)(x)

Private trust helps in planned wealth transfer, avoids disputes and allows control over how and when beneficiaries receive assets

Why Indians should consider separate wills for global assets

BUSINESS

Why Indians should consider separate wills for global assets

If you want to register a Will in UAE you have three avenues for registering their Wills- Dubai International Financial Centre (DIFC), Dubai Courts or Abu Dhabi Judicial Department (ADJD).

ATM rules changing from April 1: Check details before withdrawing money

BUSINESS

ATM rules changing from April 1: Check details before withdrawing money

The changes relate to the way transactions are calculated, the fee charged, and the daily withdrawal limits for certain debit cards

Income-tax Rules 2026: What has changed in key tax forms

BUSINESS

Income-tax Rules 2026: What has changed in key tax forms

Before filing ITR, employees must review Form 168, the new version of Form 26AS

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