BUSINESS
Visa rejection: Will your travel insurance policy cover trip cancellation expenses?
Specially-designed riders may protect you from losses on cancelled trips, but be aware of the restrictions and exclusions.
BUSINESS
No tax rebate for special-rate incomes, reiterates Income Tax Dept, asks taxpayers to pay up by December 31
No interest will be levied if the income tax due is deposited by December 31, says CBDT circular.
BUSINESS
Why retaining employee-funded group health insurance add-ons makes sense despite no GST exemption
Group health covers offer several advantages over retail policies, including smoother claim settlement, no waiting period for pre-existing diseases, which are critical for employees' elderly parents, in particular.
BUSINESS
ITR filing: Advance tax deadline-ITR filing due date clash, I-T portal glitches causing delays, say CAs
However, income tax officials have refuted claims of technical snags on the official e-filing portal.
BUSINESS
From groceries, haircuts, to BMWs: GST overhaul promises savings for every pocket
The GST revamp is set to ease household budgets, with cheaper essentials, cars, and loans, though premium shopping may get costlier.
BUSINESS
GST 2.0: Why middle-class families should invest before splurging during festival season
While the government and corporate India hope that GST cuts will boost festive spending, advisoes urge households to channel the additional money to bolster their investments
BUSINESS
GST exemption on insurance: Policyholders might gain despite likely base premium hikes in future
Your guide to decoding the GST exemption on life and health insurance policies
BUSINESS
GST revamp promises monthly savings for households, cheaper cars ahead
The GST Council’s new framework, with reduced rates on essentials and revised auto levies, is set to boost household savings and make cars cheaper.
BUSINESS
Do you need an unlimited health insurance cover?
The rising medical inflation can make hospitalization costlier than initially thought, triggering anxiety over whether the sum insured is adequate or not. Is unlimited health insurance coverage a solution?
BUSINESS
Cashless treatment standoff: AHPI demands higher rates, Bajaj Allianz resists blanket hike, proposes negotiations with individual hospitals
Open to reviewing cashless tariffs based on negotiations with individual entities, no blanket hike across hospitals; hopeful of a resolution before September 1, say insurance officials
BUSINESS
Switching jobs? Know the hurdles in transferring your EPF
From procedural delays to mismatch in personal information or other data, accessing EPF funds remains a frustrating battle for employees across India
BUSINESS
I-T relief for employees working overseas: No jail for not reporting low-value foreign assets
In line with Budget 2024’s announcement to waive the penalty for non-disclosure of low-value foreign assets of up to Rs 20 lakh, the I-T department has decided to eliminate prosecution provisions as well
BUSINESS
Juggling US’ IRS and India’s I-T dept: How Indians investing in US stocks are taxed
Investing in US stocks as an Indian resident isn't just about picking the right companies — you need to be aware of the tax nuances as well. While the India-US DTAA provides relief from double taxation, compliance requires correct documents and timely filing
BUSINESS
ITR filing |Tax rebate on short-term capital gains: ITAT ruling opens a window
Chartered accountants differ over whether small taxpayers will be able to obtain section 87A rebate on their STCG income for FY 2024-25 (AY 2025-26) based on the Ahmedabad tax tribunal’s recent order.
BUSINESS
No ITR filing exemption for small taxpayers in new Income Tax Bill, say CAs
The parliamentary panel headed by BJP MP Baijayant Panda had recommended that small taxpayers not be compelled to file an ITR solely to avoid penalties for non-filing.
BUSINESS
New Income Tax Bill: Late ITR filers will still be eligible for tax refund
The new Income Tax Bill, 2025, which will replace the Income Tax Act, 1961, was passed by the Lok Sabha on August 11
BUSINESS
ITR filing 2025: Filed your return? Complete e-verification within 30 days or risk invalidation
You can e-verify your returns in a few minutes via Aadhaar-OTP, net banking and electronic verification codes generated through pre-validated bank accounts.
BUSINESS
Trump’s 25% tariff: Use market dips for lump-sum buys, diversify globally, say experts
Trump tariffs on India: Investment experts' advice: avoid panic; remain diversified; and maintain 5–10 percent exposure to overseas stocks, regardless of such developments.
BUSINESS
India’s out-of-pocket health spends drop, but treatment cost burden remains high: Swiss Re study
Rising medical treatment costs, low disposable income and subdued uptake of health insurance have led to stretched finances.
BUSINESS
TCS layoffs: How to retain your group health cover benefits while exiting
Employees can only migrate to their existing group insurance company’s retail plan to start with. The switch to other insurers, should the need arise, can be made in subsequent years.
BUSINESS
ITR filing 2025: Opting for the old tax regime? File return by Sep 15 to retain 80C tax deductions
Salaried taxpayers looking to claim section 80C tax deductions and exemptions under the old tax regime must file their returns by September 15, the extended due date for FY 2024-25
BUSINESS
Want to invest in NSE’s unlisted shares? Know the procedure, pros and cons
Investing in unlisted shares offers early-mover advantage, but beware of risks such as liquidity concerns and lack of oversight, say experts.
BUSINESS
ITR filing: New income tax rules for 2024-25 to keep in mind before filing return
Income tax returns: All the major changes announced in Budget 2024 - rejig of income tax slabs under the new regime and rationalisation of capital gains tax structure - being the key ones, will have to be factored in while filing returns this year.
BUSINESS
ITR filing 2025: Are you a social media influencer? Here's how to file your income tax returns right
You will have to choose between ITR-3 and ITR-4 (Sugam), verify AIS to ensure you do not miss out on any source of income and maintain documentary proof for any deductions claimed.
