The State Commission held that restaurants have no authority to charge more than the printed MRP for sealed, pre-packaged commodities such as mineral water, irrespective of the venue of sale.
In India, there is no statutory or regulatory cap on credit card interest rates. Credit card pricing is governed by the RBI’s regulatory framework
An individual can begin a PPF investment with as little as Rs 500 in a financial year. The total contribution in a year cannot exceed Rs 1.5 lakh
For returns filed for FY25, the department has time till December 31, 2026 to process returns under Section 143(1) of the Income Tax Act
Individual taxpayers, particularly senior citizens, are looking to the Union Budget 2026 for higher tax deductions as they face rising inflation and healthcare expenses.
If an employee anticipates that their claims cannot be substantiated, they should consider filing an Updated Return (ITR-U) under Section 139(8A)
For income not subject to TDS such as capital gains from shares or mutual funds taxpayers are required pay advance tax in instalments during the year. Delays can attract interest under Sections 234B and 234C.
Taxpayers who claim substantial tax-saving deductions, often summing up to several lakh rupees, generally find the old tax regime more beneficial, experts say.
Verify that salary income and TDS from all employers appear correctly in Form 26AS and AIS, as employers calculate tax independently
Allahabad High Court reduced monthly maintenance after noting absence of evidence of steady earnings and the financial realities of early legal practice.
LIC has also announced a limited-period revival scheme with late-fee concessions for lapsed individual policies.
The key is to ensure that income is correctly disclosed and that high-value transactions are explainable and consistent with reported income.
The more evidence you have of the deed’s true purpose (for example, stating that it’s a security arrangement or conditional transfer), the easier it will be to resolve any dispute, whether in arbitration or court.
The new Act reduces complexity by cutting sections from 819 to 536 and chapters from 47 to 23. It applies to income earned from FY26 on
While dismissing the plea, the Court directed that a minimum of 10 per cent of the Rs 15,000 monthly maintenance granted to the petitioner must be used for her vocational skill development.
Senior citizens can earn up to 8% interest on fixed deposits with banks like ESAF Small Finance Bank, Jana Small Finance Bank, and others offering competitive rates for deposits up to Rs 3 crore.
Section 80CCD allows taxpayers to claim deductions on amounts they contribute to government-backed pension schemes such as the NPS, UPS and the Atal Pension Scheme.
Buying a home is a journey, plan well, stay aware, and make informed choices. A carefully chosen home becomes not just a property, but a legacy.
Taxpayers are advised to track their return status on the income tax e-filing portal and wait for the intimation once it is generated.
Timing plays a critical role in legacy planning. Most restructuring exercises involve costs, whether income tax, stamp duty, or a combination of both, and delaying these decisions only increases the burden as asset values grow over time.
The Supreme Court made it clear that once right for consideration for appointment on compassionate post was consummated any further or second consideration for higher post on the ground of compassion would not arise.
Customers should plan their banking transactions ahead of time to avoid any disruption during the festive days and rely on digital banking channels to ensure uninterrupted access to services.
The Finance Ministry has announced to leave interest rates on all small savings schemes unchanged for the January to March quarter.
Today is the last date for taxpayers to submit belated or revised income tax returns for the assessment year 2025–26. From January 1 2026, you will be left with just updated return option with tax liability.
If excess tax paid by a taxpayer is not refunded within the stipulated time, the income tax department must pay simple interest at 0.5 percent per month
