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Finance Minister Nirmala Sitharaman chairs review meeting of RRBs in Eastern belt

Sharing the development on social media platform X, the Ministry of Finance posted on X, “Union Minister for Finance and Corporate Affairs @nsitharaman chairs the review meeting of the Regional Rural Banks #RRBs of the Eastern Belt, in Patna, today.…

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CarDekho Group reports 11% fall in FY24 net revenue; net loss narrows

The Jaipur-based company, which operates businesses such as vehicle classifieds, insuretech and fintech, discontinued its used car sales business in FY23. Excluding the income from the discontinued car sales business, revenue from operations in FY24 was up 54% on like-for-like…

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C2C Advanced Systems IPO sees withdrawal of 3.72 lakh applications

C2C Advanced Systems’ Rs 99-crore IPO saw a significant setback as regulatory concerns led to 3.72 lakh applications worth Rs 27 crore being withdrawn. Sebi’s intervention required the company to appoint independent auditors and NSE to set up a monitoring…

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GSTN releases list of 5 approved mobile apps for fast verification of GST invoices, easy input tax credit claim

GST invoice verification: New advisory by GSTN in respect of availability of five official apps for e-invoice verification. Experts say that these apps solve a lot of problems like faster verification of e-invoices which may lead to faster claim of…

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I-T’s About Her: Women taxpayers on the rise

The number of women taxpayers has been steadily increasing, with 22.9 million women filing income tax returns in the assessment year (AY) 2023-24, up from 18.3 million in AY 2020, as per data from the Lok Sabha. Over the past…

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Income Tax probe finds 500 ‘actionable’ cases of undisclosed Dubai assets held by Indians

More than 500 cases of undisclosed immovable properties held by Indians in Dubai have been identified by the income-tax department, with Delhi raids alone uncovering unaccounted transactions worth over ₹700 crore. Germany provided information on properties owned by Indians in…

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  • Paid taxes abroad? Here's how Form 67 helps claim foreign tax credit in India

    Foreign Tax Credit allows Indian residents to reduce their tax liability in India by claiming credit for taxes already paid in another country. The Income Tax Department allows eligible resident taxpayers to claim a Foreign Tax Credit (FTC) by filing Form 67 along with the supporting documents.

  • ITR filing 2026: Think twice before claiming fake tax deductions — You could land in prison, face penalties

    Taxpayers who falsely claim deductions to reduce tax liabilities could face severe penalties, prosecution, or imprisonment. Here are the consequences if a taxpayer is found guilty.

  • EPFO automates PF transfer after job switch — Does it benefit private or exempted PF trust members?

    EPFO simplifies the provident fund transfer process for Aadhaar-linked and KYC-compliant UAN holders by automating it, reducing paperwork. Here's whether private trust-managed funds will benefit from this new feature or not.

  • Annapurna Yojana: Haven't you received your payment yet? 8 reasons why

    The first funds of the Annapurna Yojana were credited to nearly 1.1 crore beneficiaries. West Bengal's Chief Minister reported 1.6 crore applications were received, with 26 lakh rejected for various reasons.

  • Same trip, same loss: why was one insurance claim rejected?

    In situations where two insured individuals are affected by the same insured event but receive contradictory decisions, it is reasonable to seek clarification based on such differential treatment. An insurer should be able to explain why identical facts have resulted in different outcomes.

  • Bengaluru landowner sold 17 flats, made ₹11.8 crore and paid no tax — then won the tax dispute | Know how

    A Bengaluru resident won a tax dispute over capital gains of ₹11.8 crore from selling 17 apartments. Although the income tax department initially rejected his tax exemption claims, the ITAT ruled he could claim exemptions on multiple properties, as each sale was an independent transaction.

  • India's CPI inflation is 4.38%, but your personal inflation could be higher. Here's how to calculate it

    India's CPI inflation stood at 4.38% in June 2026, but your personal inflation rate may differ depending on your spending habits. Using MoSPI's category-wise inflation data, you can calculate your own personal inflation rate.

  • 2 crore ITRs already filed: Experts explain why you must submit your tax returns before 31 July deadline

    With two crore income tax returns already filed, experts advise taxpayers to complete their ITR filing before the 31 July deadline. Early submission can help avoid last-minute errors, resolve tax mismatches, claim refunds faster and ensure smooth compliance without depending on an extension.

  • Why diversification—not stock picking—could define wealth creation over the next decade

    As markets become more volatile and leadership shifts across asset classes, investors may need to rethink portfolios built around a single source of returns.

  • UPI vs Credit Cards: Experts explain how to choose right payment method for everyday spending

    UPI and credit cards each offer unique advantages for everyday payments. Here are the key differences, benefits, rewards, credit score impact, and practical tips for choosing the right payment method for daily spending, budgeting and long-term financial planning in India.

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