Income

Is Aditya Birla’s new Income Suraksha Plan worth it? Exploring monthly income in term insurance

Behind the allure of a lump-sum insurance payout lies a harsh reality: many families struggle to manage it wisely, often…

4 days ago

Raising farmer income is a key priority for India

The issue of raising farmers’ income and equitable distribution of opportunity in the agriculture ecosystem was discussed threadbare at the…

5 days ago

Income tax: Scores of taxpayers get I-T notices under section 148; can be challenged, says ICAI ex-chief Ved Jain

Some income taxpayers have reportedly received notices under section 148, which is related to the reopening of assessments for the…

2 weeks ago

How your residential status affects income tax in India

If you are a resident of India, all your global income, wherever received, becomes taxable in India, subject to the…

3 weeks ago

Income Tax: Is your refund being held up over defective I-T return? This is what you should do

The deadline to file an income tax return (ITR) passed on July 31, 2024, following which eligible taxpayers received either…

3 weeks ago

Tax rules: Claiming vacant house as self-occupied in income tax return

I own a house which is self-occupied. My wife is a homemaker and stays with me with no income except…

4 weeks ago

Bibles, cryptocurrency, Truth Social and gold bars: A look at Trump’s reported sources of income

Former President Donald Trump owns more than $1 million worth of cryptocurrency and up to $250,000 in gold bars along…

1 month ago

Maharashtra News: ‘My husband gets Income Tax notice every time I speak against govt in Parliament,’ claims Supriya Sule

Nationalist Congress Party (Sharad Pawar) leader Supriya Sule has claimed that her husband Sadanand Sule got an income tax notice…

1 month ago

Missed to file income tax return by last date? You can still claim ITR refund, here’s how

For individuals who have filed their income tax return (ITR) and are expecting a refund, it's crucial to know that…

1 month ago

ITR filing: How can taxpayers check their income tax refund status online? A step-by-step guide

Now that you have filed your income tax returns, you must be wondering when you will receive your income tax…

1 month ago

How a 10% surcharge can swallow up to 70% of your income above ₹50 lakh

The concept of a surcharge is simple – it’s an extra tax on your total tax liability if your income…

1 month ago

ITR filing: When will you get income tax refund? Key questions answered

The last date to file an income tax return (ITR) ended on July 31, 2024, and taxpayers are now awaiting…

1 month ago

Income Tax: As the ITR filing deadline for FY24 ends tonight, be aware of these key points

Since the deadline to file income tax return (ITR) did not get any extension beyond July 31, the last date…

2 months ago

What is the connection between budgeting and personal finance? MintGenie explores

Although often ignored, budgeting is the key to achieving success and stability in your finances. Consider it as your personal…

2 months ago

Income Tax Return: Can Budget 2024 tweaks impact your ITR filing? All you need to know ahead of July 31 deadline

With the revision of tax rates in the new tax regime (NTR) announced in Budget 2024, some taxpayers are in…

2 months ago

ITR filing: Still want to switch to old income tax regime? Here is what you can do

In Budget 2024, the central government has sweetened the new tax regime with more slab relaxations and an increase in…

2 months ago

Budget 2024: Investing in real estate? Check how income tax amendments can affect your property transactions

Budget 2024: In the Union Budget 2024 tabled in the Lok Sabha on Tuesday, Finance Minister Nirmala Sitharaman proposed some…

2 months ago

Budget 2024: Taxpayers can re-assess income tax file beyond 3 years, and till 5 years, IF… FM revises time limit

With the concerns of the period of reassessment and reopening of income tax file, finance minister Nirmala Sitharaman in budget…

2 months ago

Budget 2024: Here’s how much income tax you will pay now if you earn ₹5 lakh

Finance Minister Nirmala Sitharaman presented her seventh consecutive budget on July 23. This budget marks the first budget of the…

2 months ago

Income tax budget 2024: Standard deduction for salaried individuals hiked for these taxpayers. Details here

Presenting the Budget for 2024-25 in the Lok Sabha, Finance Minister Nirmala Sitharaman said the standard deduction for salaried employees…

2 months ago