Delhi HC on Foreign Income & Spousal Maintenance
Delhi High Court rules a husband's foreign earnings cannot be simply converted to INR for maintenance. Justice Amit Mahajan enhances interim maintenance to Rs 1 lakh per month. Read the full analysis.
Category : Search result: high income
Govt Debunks 85% Tax on ₹10 Lakh Bank Transactions
PIB Fact Check refutes viral social media claim of an 85% tax on transactions over ₹10 lakh. No such tax exists. Read details on the new Income Tax Act 2025 and its simplified rules.
Last Date for Revised ITR is Dec 31: Key Steps
Taxpayers can file revised ITR until Dec 31, 2025 for AY 2025-26. Learn how to check your refund status online and understand common reasons for processing delays.
Telangana's Economy Nears Middle-Income Country Status
Telangana's per capita income is set to hit $5,000, surpassing nations like Pakistan and Nepal. Driven by GCCs and steady growth, the state's economy is reshaping its global standing. Explore the full analysis.
NITI Aayog Wants to Decriminalise Income Tax Offences
NITI Aayog's new paper recommends decriminalising many income tax offences to shift from fear to trust-based compliance. Could this reform boost investment and ease business?
Musk Predicts Double-Digit US GDP Growth Driven by AI
Elon Musk forecasts double-digit US GDP growth in 12-18 months, powered by AI. He also envisions a future with 'universal high income' and no poverty. Read more.
Madras HC: Govt grants are capital receipts, not taxable income
Madras High Court clarifies Union government grants for rehabilitation are capital receipts, not taxable revenue. Landmark ruling aids Dharmapuri milk co-op union. Read the full analysis.
Revised ITR Filing: No Limit, But Key Deadline is Jan 31
Taxpayers have until January 31, 2025, to file revised income tax returns for AY 2025-26. Learn the step-by-step process and crucial rules for correcting errors in your ITR.
India's 2026 Income Survey to Tackle Critical Data Blind Spot
India's upcoming Household Income Survey 2026 aims to close a decades-long data gap on what homes earn, moving beyond consumption for better policy. Read how this will reshape economic understanding.
ITR Processing Deadline: CPC Must Finish by Dec 31, 2026
The Income Tax Department's CPC has a strict deadline to process ITRs. If missed, your filed return is deemed accepted. Learn how to claim your refund if delayed.
ITR Refund on Hold? I-T Dept's SMS Sparks Concern
Income Tax Dept sends bulk SMS/emails about refunds on hold due to mismatched ITR details. Taxpayers must file revised return by Dec 31. Learn how to fix errors.
IT Refunds on Hold: Tax Dept Flags Mismatches in ITR Filing
Many taxpayers report receiving emails/SMS from the Income Tax Department stating their refunds are on hold due to discrepancies. The deadline to file a revised ITR for AY 2025-26 is December 31, 2024. Get clarity on the issue.
ITR Revision Window Closes Dec 31, 2025: Key Facts
Indian taxpayers must file revised or belated Income Tax Returns by December 31, 2025 for FY 2024-25. Experts explain the rules and post-deadline options like Updated Returns.
Disclose Foreign Assets in Revised ITR by Dec 31
Indian taxpayers can still disclose foreign income & assets by filing a revised ITR before December 31. Learn about Schedule FA, FSI, and how to avoid heavy penalties under the Black Money Act.
US States with Highest Median Household Income 2024
Discover the top 10 wealthiest US states by median household income in 2024, from Massachusetts at $104,828 to Connecticut. Explore the economic drivers behind their success.
Patna Schools Buzzing with Alumni Meet, Festivities & Events
St Joseph's Convent High School's alumni meet, Carmel's Christmas, Loyola's graduation, and other school events in Patna fostered joy, nostalgia, and community spirit. Read more.
Allahabad HC Reduces Maintenance Citing Lawyers' Initial Struggle
Allahabad High Court reduces maintenance for estranged wife, noting lawyers' initial income is uncertain. Justice Madan Pal Singh cuts amount from Rs 5000 to Rs 3750 monthly. Read the full legal analysis.
Musk: No Poverty, No Need to Save Money in Future
Tesla CEO Elon Musk predicts a future with universal high income and no poverty, making savings obsolete. He shared his vision while discussing financial literacy initiatives.
10 Small-Cap Dividend Stocks Yielding Over 6%
Discover 10 high-yield small-cap dividend stocks for regular income. Analysis includes MSTC, PTC India, Castrol, Thyrocare & more with yields up to 8%. Start building your portfolio today!
Bank Minimum Income for Personal Loans: HDFC, SBI, Axis
Learn the crucial minimum income requirements for personal loans from top banks like HDFC, SBI, Axis, and Kotak. Discover how your salary and DTI ratio impact approval chances.
ITAT Restores NRI Appeal After 621-Day Email Error
Ahmedabad ITAT restores an NRI's tax appeal despite a 621-day delay, citing notices sent to a wrong email address. The ruling highlights the need for accuracy in the faceless appeals process. Read more.
Mangaluru High Court Bench: CM Assures Positive Discussion
Chief Minister Siddaramaiah has agreed to discuss the demand for a circuit high court bench in Mangaluru with the Karnataka Chief Justice. Lawyers' delegation met CM to push for swift justice in coastal region.
High-Yield Bonds: Big Returns or Big Trouble?
Explore the risk-reward equation of high-yield bonds in India. Learn who should invest, how to read market signals, and get expert insights for smarter decisions.
Experts Debunk Trump's Plan to Replace Income Tax with Tariffs
Donald Trump claims global tariffs can replace US income tax. Experts and Treasury data reveal a multi-trillion dollar gap, calling the idea 'nonsensical' and economically risky. Read the full analysis.
I-T probes Hyderabad biryani chain suppliers in tax evasion case
Income Tax department expands Hyderabad biryani tax evasion probe to rice & meat suppliers. Officials uncover weight manipulation & ₹600 crore unaccounted income. Read the full investigation details.
How Marriage & Divorce Affect Your Income Tax in India
A complete guide to Indian tax laws on wedding gifts, clubbing of spouse & minor's income, and alimony taxation. Learn key exemptions and avoid penalties.
Access Your Form 26AS: Complete Step-by-Step Guide
Learn how to easily view and download your Form 26AS from the Income Tax portal. This essential document helps verify all your tax deductions and payments. Follow our simple guide now!
IT Dept's Foreign Assets Disclosure Campaign Targets 25,000
Income Tax Department launches second NUDGE campaign targeting 25,000 high-risk cases with overseas assets. Taxpayers advised to disclose foreign income by Dec 31 to avoid heavy penalties under Black Money Act.
IT Dept's New Campaign for Overseas Assets Disclosure
Income Tax Department launches second NUDGE campaign targeting 25,000 high-risk cases with overseas assets. Taxpayers must disclose foreign assets by Dec 31 to avoid heavy penalties under Black Money Act.
Income Tax Refund 2025: How to Check Status Online
Waiting for your income tax refund? Learn when you'll receive it and follow our step-by-step guide to check your refund status online. Get your money faster with these simple methods.
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