News and Updates

Income Tax on Cash Gift to Wife

Giving a cash gift may be a good idea as it is something that is useful in all circumstances. But it is important to understand how much cash you can gift without any tax implications.

Planning a summer holiday? These five co-branded airline credit cards will help you

If you are a frequent traveller and loyal to an airline, these airline co-branded credit cards can be the right choice for you.

How to improve your credit score?

Aside from paying off your debts on time, it's also important to monitor joint and co-signed loans

Cash Transaction Rules, Limit & Penalty – Under the Income Tax Act

In the Indian economy, cash transactions have always played a major role and serve as a consistent reason for the accumulation of black money. The Government has recently initiated various measures to curb cash transactions and boost digital payments. In this article, we look at the cash transaction limit under the Income Tax Act along with the penalty for transacting in cash over and above the specified threshold.

Income Tax Rule Change: Tripple Tax Benefits on NPS; Know How it Works, Who Can Claim

Income Tax: Planning to invest in NPS? You can get huge tax benefits for your contributions towards the pension funds. Know new rules and who is eligible.

How does 'interest only home loan' work; should you opt for it?

Sunny Leone alleges her PAN card used for loan fraud, says credit score hit

Sunny Leone tagged Indiabulls Securities Limited (Dhani Stocks was Indiabulls Securities previously), and Indiabulls Home Loans in her tweet.

TDS on rent payment, property sale: Budget hikes penalty on delay in TDS certificate to Rs 500 per day

A buyer of immovable property is required to deduct tax at the rate of 1% of the sale value and furnish the challan-cum-statement in Form No. 26QB to deposit the TDS amount with the government. From the due date of depositing the TDS amount, he/she is required to issue a TDS certificate i.e., Form 16B within 15 days. If the TDS certificate is not issued within 15 days, then he/she will be liable to pay a penalty of Rs 500 per day from FY 2022-23 onwards, as per the proposals.

Mumbai crime: Malad project builder booked for duping buyers of Rs 13.5 crore

The complainant, whose family has booked six flats at Atharva Landmark, says two of their apartments have been sold to other people; the builder blames the partner.

Daughters To Inherit Father's Self-Acquired Property If No Will: Supreme Court

The bench was dealing with the legal issue concerning the right of the daughter to inherit the self-acquired property of her father, in the absence of any other legal heir.

An easy guide for managing your loan cycle

It is important to be fiercely strategic when it comes to choosing lower interest rates and being aware of hidden charges.

Zomato shuts down South Africa business as part of ‘clean-up’ exercise

Zomato SA didn't have any active business operations and was not a material subsidiary. Its closure will not affect the Gurugram-based company’s turnover or revenue.

Health insurance for senior citizens: How to pick the best insurance policy

Common comorbidities like diabetes or blood pressure are covered by a good number of senior citizen special policies.

10 ways to reduce car insurance premium

You can bring down the premium of your comprehensive insurance not only by customizing your cover but also by being aware of several other factors. Here are some ways in which you can bring down your car insurance premium.

Where should NRIs invest in 2022 ?

A roadmap to tell you which investment options will give the best returns in the new year.