• By LIC completes 70 years, marking seven decades of insurance, financial protection and enduring customer trust.
• 2026-09-01

Learn More

• By LIC completes 70 years in 2026. Here’s how India’s largest life insurer evolved from a state monopoly into a listed financial giant while retaining market leadership.
• 2026-01-09

Learn More

• By LIC posted a 32% YoY profit jump to Rs 10,053 crore in Q2 FY26, with Net Premium Income rising 5.4% to Rs 1.26 lakh crore.
• 2025-11-06

Learn More

• By The move comes in response to grievances received by the Centralized Processing Centre (CPC) in Bengaluru, which highlighted that returns from various assessment years were wrongly invalidated due to system glitches.
• 2025-07-29

Learn More

• By As ITR filing for AY 2025-26 picks up pace, reports suggest the government may delay issuing tax refunds until past assessments are cleared under Section 245. Experts warn this move could hurt honest and salaried taxpayers who rely on timely refunds for financial planning and liquidity.
• 2025-07-10

Learn More

• By From July 1, 2025, Aadhaar authentication is mandatory to get a new PAN card. Without Aadhaar verification, PAN won’t be issued. Here's what you must do.
• 2025-07-01

Learn More

• By Filing your Income Tax Return (ITR) for FY 2024-25? The deadline has been extended to September 15, 2025. Here's how salaried individuals can file ITR without a Chartered Accountant and avoid 5 common mistakes that often trigger income tax notices or delay refunds.
• 2025-06-28

Learn More

• By We often think ancient wisdom cannot help in modern times. But what if your weekend splurges, credit card debt, and ignored savings were exactly the problems Chanakya warned against? His 2,000-year-old financial advice might just be the unexpected solution your wallet needs today.
• 2025-06-21

Learn More

• By With the ITR filing deadline extended to September 15, 2025, taxpayers have a greater opportunity to earn higher interest on refunds this year. Due to the RBI’s recent rate cuts, the interest on delayed tax refunds is expected to be nearly 33% higher.
• 2025-06-20

Learn More

• By Many young investors in their 20s and 30s believe that saving Rs 1 crore is a solid retirement goal. But if inflation continues at 6% annually, the real value of Rs 1 crore after 30 years will be just Rs 17.4 lakh.
• 2025-06-17

Learn More

• By ITR filing for AY 2025-26 began late due to tech delays. Learn how to check your ITR and refund status online, and why early filing still matters.
• 2025-06-16

Learn More

• By In this article, we will dive deep into both tax regimes - Old Tax Regime and New Tax Regime. The write-up will explain features, benefits, recent changes, and practical implications for taxpayers of the both tax regimes.
• 2025-06-05

Learn More

• By Typically, the ITR filing process begins on April 1 of the assessment year. Accordingly, for FY 2024–25, filing should have opened on April 1, 2025. However, this year, there has been a delay, and the process is now expected to begin in June 2025.
• 2025-05-26

Learn More

• By In this story, we will discuss about the various tax benefits available for senior citizens those availing retirement benefits like commuted pension, gratuity, leave encashment on retirement and provident fund, etc. First, let's understand who actually are senior citizens as per the Income Tax Department.
• 2025-05-26

Learn More

• By Form 16 or Form 16A is the certificate of deduction of tax at source. It is issued on deduction of tax by the employer on behalf of the employees and provide details of TDS/TCS for various transactions between deductor and deductee. It is mandatory for employers to issue these certificates to taxpayers.
• 2025-05-15

Learn More

• By With ITR forms for FY 2024-25 already available, now is the ideal time to prepare and avoid last-minute mistakes.
• 2025-05-10

Learn More

• By Different tax returns are prescribed for filing by individual taxpayers depending on their income and its source as well as factors such as residential status.
• 2025-05-07

Learn More

• By Typically, the ITR filing process begins on April 1 of the assessment year. Accordingly, for FY 2024–25, filing should have opened on April 1, 2025. However, this year, there has been a delay, and the process is now expected to begin in June 2025.
• 2025-05-06

Learn More

• By As taxpayers get ready to file their returns, it is crucial to understand the key sections of the Income Tax Act, 1961, that can help in accurate tax calculation, availing deductions, and choosing the appropriate tax regime.
• 2025-05-03

Learn More

• By The simplified form is designed for individuals and entities who earned up to Rs 50 lakh during the recently concluded financial year.
• 2025-05-02

Learn More

• By The Income Tax Department is expected to notify the filing forms for the financial year 2024-25, or Assessment Year 2025-26, soon.
• 2025-04-27

Learn More

• By It is mandatory to choose between the old and new tax regime while filing the online form --- with specific exemptions and deductions available for individuals.
• 2025-04-24

Learn More

• By Taxpayers will soon be able to file their returns for FY25 via the official Income Tax Department website.
• 2025-04-22

Learn More

• By Old tax regime, however, still offers taxpayers a range of options to save taxes through various eligible deductions and exemptions post 2025 Union Budget. On the other hand, the new tax regime has a fewer deductions available for taxpayers compared to the old regime. In this write-up, we will discuss various deductions available under the new tax regime for the purpose of tax saving.
• 2025-04-22

Learn More

• By An individual resident who is 60 years or above in age but less than 80 years at any time during the previous year is considered a senior citizen for income tax purposes. The Income Tax department also defines people above the age of 80 as 'super senior citizens'.
• 2025-04-21

Learn More

• By You don't need Rs 10 crore or Rs 50 crore for financial freedom — just calculate your expenses and aim for the right amount using the 4% rule.
• 2025-04-19

Learn More

• By Section 115BAC of the Income Tax Act lays down the tax slabs and rules applicable under the new tax regime.
• 2025-04-18

Learn More

• By It is not necessary to attach any documents while filing your returns. However the details given in various documents will have to be used while filling up the online form.
• 2025-04-17

Learn More

• By Under section 269ST of the Income Tax Act, receiving more than Rs 2 lakh in cash is prohibited, whether it is a single transaction or the sum of many transactions on the same occasion.
• 2025-04-16

Learn More

• By Those filing their returns for the first time must also choose between two tax regimes (with different deduction amounts) and link their PAN and Aadhaar cards in order to enable electronic verification.
• 2025-04-15

Learn More

• By The filing of income tax return (ITR) is compulsory for those individuals whose annual income is above the basic exemption limit. According to the Old Tax Regime, the basic exemption limit is still Rs 2.5 lakh for general taxpayers under 60 years of age.
• 2025-04-07

Learn More

• By The Income Tax Department has launched a new Excel-based utility version of ITR-2 to make filing easier. This form is designed for individuals and Hindu Undivided Families (HUFs) who do not have any business or professional income.
• 2025-04-03

Learn More

• By File your updated Income Tax Return (ITR-U) before March 31, 2025, to correct omissions or errors and avoid penalties. Learn more about filing, deadlines, and additional tax liabilities.
• 2025-03-29

Learn More

• By Term insurance plays the vital role of a safety net and ensures one's loved ones are protected in the absence of the primary bread earner.
• 2025-03-26

Learn More

• By While pre-existing medical conditions may lead to premium loading or coverage restrictions, being transparent about one’s medical history is essential to avoid claim denials later.
• 2025-03-25

Learn More

• By Understanding the pros and cons of each option ensures you make a strategic decision that aligns with your financial future.
• 2025-03-17

Learn More

• By Starting January 2025, lenders must update credit records every 15 days instead of once a month. As a result, financial activities will appear on your credit report sooner.
• 2025-03-03

Learn More

• By If you are availing exemptions or deductions under the old tax regime, the new tax regime may lead to a higher tax outgo.
• 2025-03-02

Learn More

• By We take a look at some common insurance mistakes which you must avoid to ensure your insurance truly safeguards your financial well-being.
• 2025-03-01

Learn More

• By The CBDT circular has been issued on 20 February 2025, and it will be applicable to the tax returns of the financial year 2024-25 (i.e. assessment year 2025-26).
• 2025-02-27

Learn More

• By The concept of Previous Year and Assessment Year, thus, were creating confusion in the minds of taxpayers as they represented two different years.
• 2025-02-18

Learn More

• By The Income Tax Bill 2025 has several aspects to be considered by the Non-Resident Indians as Clauses replace Sections.
• 2025-02-14

Learn More

• By The essence of the Bill remains the same and the existing tax base, tax rates, computation mechanism etc. have been largely unchanged.
• 2025-02-14

Learn More

• By The new income tax law will replace the existing Income Tax Act of 1961. The tax Bill is being brought to make the tax process simple and clear.
• 2025-02-06

Learn More

• By Old Vs New Tax Regime: For individuals earning Rs 15 lakh annually, opting for the old tax regime can result in tax savings of up to Rs 48,100, provided they maximize deductions like HRA, 80C, 80D, and home loan benefits.
• 2025-02-05

Learn More

• By Among the most significant announcements was the introduction of a New Income Tax Bill, set to be tabled this week
• 2025-02-05

Learn More

• By The revised tax structure also introduces a 25% tax slab for incomes between Rs 20 lakh and Rs 24 lakh.
• 2025-02-05

Learn More

• By The new structure will significantly enhance the accessibility of the middle class by leaving them with more disposable income.
• 2025-02-04

Learn More

• By The standard deduction on salary streamlines tax filing for salaried individuals by reducing taxable income by a set amount, minimizing the overall tax burden.
• 2025-02-01

Learn More

• By New Tax Regime Slabs 2025 for Salaried Employees: As per the updated structure, individuals earning up to Rs 12 lakh per annum will not have to pay any income tax, offering a substantial benefit compared to previous years
• 2025-02-01

Learn More

• By Initially, the Central Board of Direct Taxes (CBDT) set the original deadline for filing of belated or revised tax returns as December 31, 2024. Later, it extended this deadline to provide additional time for taxpayers.
• 2025-01-10

Learn More