Income Tax

Certain cash transactions can attract the attention of the Income Tax Department. Exceeding limits related to bank accounts, fixed deposits, property, credit cards, and investments could get you a tax notice.

Locals living within 20 km of a toll plaza can get a monthly pass for ₹340 and travel toll-free. This program, launched as a pilot in July 2024, doesn't apply to commercial vehicles.

What's the point of growing the same crops every time? With rising investments and falling market prices, farmers face losses year after year.

This post details the legal limits and tax rules for holding gold jewelry in India.

National Savings Certificate (NSC) is a great investment opportunity with minimal risk. It also offers income tax benefits under Section 80C. It's a secure investment plan suitable for everyone.

India's Financial Year (FY) runs from April 1st to March 31st, representing the period of income generation. The Assessment Year (AY) is the subsequent year, during which the income earned in the FY is assessed and tax returns are filed.

Income Tax Return (ITR) filing for AY 2025-26 began on May 30, 2025, delayed by almost two months. The deadline for non-auditable cases is extended to September 15, 2025. While over 54,000 ITRs have been filed, none have been processed.

Married women can hold up to 500 grams of gold, unmarried women up to 250 grams, and men up to 100 grams. If this limit is exceeded, income tax proof must be provided.

Married women can hold up to 500 grams of gold, unmarried women up to 250 grams, and men up to 100 grams. If this limit is exceeded, income tax proof must be provided.

Major changes coming into effect from June 1st, including credit card rules, Aadhaar corrections, and UPI transactions.