Personal Finance

Filing an income tax return for the first time may seem challenging, but following the correct steps and keeping all required documents ready can make the process much smoother.

The amount of home loan a borrower can get depends on several factors such as income, existing financial obligations, credit score, age and loan tenure.

While paying the minimum due helps avoid late fees and keeps your credit card account active, it can significantly increase your repayment burden through high interest charges.

Stamp duty and registration charges are mandatory government fees paid to legally register the property in the buyer's name.

Individuals with an annual income of Rs 12 lakh can reduce their tax liability to zero under the new regime, thanks to the enhanced Section 87A rebate and a higher standard deduction.

As a result, borrowers could remain in debt for longer than they would under alternative repayment methods.

Apart from the DA increase, the government also unveiled a series of welfare and development measures. Dasgupta said the state plans to fill 1 lakh government vacancies, with one-third of the positions reserved for women.

In a significant change to the tax filing calendar, the due date for submitting ITR-3 and ITR-4 returns in non-audit cases has been extended to Aug. 31, 2026. Previously, such returns had to be filed by July 31.

His post sparked debate on lifestyle inflation, financial planning, insurance, emergency funds and disciplined investing among young earners.

India is not under-buying life insurance, it is simply over-buying the wrong kind. We have turned a protection product into a savings habit.

What happens if you die without a will in India? JSA's Varghese Thomas explains succession laws, legal heirs, nominees, property transfers and the process families must follow.

Employee unions push for higher fitment factor and pension reforms as stakeholder consultations gather pace across the country.

A careful review of income records and relevant documentation before submitting an ITR can help taxpayers avoid unnecessary scrutiny, delayed refunds and potential compliance concerns.

One of the most closely watched demands before the 8th Pay Commission concerns the methodology used to determine minimum basic pay.

The panel, which is constituted once every 10 years, was set up by the Centre in November 2025 to to review the pay and pension structure of central government employees and retirees.

Family members and legal heirs are advised to submit claims timely to avoid unnecessary delay.

To become a crorepati, one does not need a higher contribution, but a long-term investment horizon.

A salary of Rs 15 lakh per annum translates to approximately Rs 1.25 lakh per month before taxes. After deductions, the take-home salary may range between Rs 90,000 and Rs 1.05 lakh per month.

Subscribers will soon be able to withdraw PF funds via UPI and EPF-linked ATMs, though tax implications will depend on service tenure and amount.

The government has limited most of the deductions to the old tax regime, but the new regime still brings many significant benefits.