PERSONAL-FINANCE
Buying a home in Mumbai now needs 47% of income, lowest in 15 years; check affordability of other cities
Lower home loan rates and rising incomes drive affordability gains across India’s housing markets. Ahmedabad emerged as the nation's most affordable housing market at 18 percent, followed by Pune and Kolkata.
PERSONAL-FINANCE
Kerala HC grants equal share in father’s property to child born within 4 months of marriage
The judgment makes it clear that the timing of a child’s birth in relation to marriage cannot dilute succession rights
PERSONAL-FINANCE
Drivers’ licence remains valid for 30 days after expiry, insurer must pay compensation: High Court
The judgment does not excuse long-expired licences. Renewal should still need to be done promptly
BUSINESS
GSTR-9, GSTR-9C filing: Tax bodies demand extension of December 31 deadline
The annual compliance process for GSTR-9 and GSTR-9C has seen major changes, with frequent notifications and clarifications causing practical challenges in ensuring accurate filing within the current deadlines, according to tax bodies.
PERSONAL-FINANCE
Kerala women to receive Rs 1,000 monthly assistance under Sthree Suraksha Scheme: Check eligibility and application steps
Under the Sthree Suraksha Scheme, eligible beneficiaries are entitled to a monthly pension of Rs 1,000. The payment will be deposited directly into the beneficiary’s bank account through the Kerala Social Security Pension Company after due verification by the local authorities.
BUSINESS
Banks to remain closed on these days at the end of December: Check dates
Banks will observe multiple holidays in late December, with nationwide closures on December 25 and over the weekend.
BUSINESS
Why did taxpayers claiming deductions receive emails? Income Tax Department explains
Taxpayers whose deduction or exemption claims are accurate and fully compliant with the law are not required to take any further action.
BUSINESS
SC allows husband to travel overseas for employment despite pending criminal case under Section 498A
Prolonged investigation without a chargesheet cannot be used to indefinitely restrict an accused’s right to livelihood and travel, rules court
BUSINESS
Income tax refunds held back after Form 16 mismatch: Here's why I-T refund is delayed
If a revised return has already been filed addressing the issue, taxpayers have been told they can safely ignore the email.
EXPLAINERS
Expired licence triggers registration freeze at Raheja’s Sector 84 Commercial Project: What it means for buyers
Once the licence lapses without being renewed in accordance with the rules, any sale or transfer loses legal validity.
BUSINESS
Mother entitled to maintenance from son even if husband supports her, says Kerala HC; grants Rs 5,000 maintenance
The court directed son working in the Gulf to pay Rs 5,000 per month as maintenance to his 60-year-old mother, even though her husband was supporting her
