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ITR-3 2024: New online, offline & Excel utilities! Step-by-step guide

The Income Tax department has made filing your ITR-3 easier than ever by offering three ways to do it! This gives you the flexibility to choose the method that best suits your needs.

Don't fall for fake notices! How to verify your income tax communication

Income Tax department's online tool empowers you to verify any notice or order you receive. This free service is available to everyone, regardless of whether you're registered on the e-filing portal.

Maximize your SIP returns: Staying put in one index might be smarter

'Staying on course' on SIPs is better strategy than frequently changing lanes as frequently changing lanes can be both stressful and harmful.

Explained: What Air India-Vistara merger means for Club Vistara members

This merger seems to be advantageous for frequent flyers. You'll likely maintain or even improve your tier status, and all your points will be transferred to the new program without losing value

Gifting shares? Bombay HC ruling clarifies capital gains tax treatment

This judgment, delivered in the case of Jai Trust vs. Union of India, clarifies the tax implications surrounding capital gains arising from gifted financial assets.

How Indians travel and spend: Amsterdam, London top summer destinations

The first three months of 2024 have registered 97 million passengers traveling through Indian airports for both international and domestic trips

Online insurance nightmare: 61% trapped in policies they can't cancel

61% users of online insurance sales/ service platforms surveyed who purchased an insurance policy experienced a subscription trap where the platform made it difficult for them to cancel it.

DHFL scam decoded: Fake borrowers, shell companies, and billions lost

The scam involved accusations of loan fraud, money laundering, and a web of fake borrowers and shell companies.

Case for a stronger rupee: Why the INR will only weaken 2% each year

Political risk premium for India is falling with timely intervention by the RBI helping to instil further confidence in the rupee stability.

Don't get caught off guard: Mistakes that can get your car claims rejected

An expired or lapsed insurance policy renders your vehicle uninsured. If you meet with an accident during this period, your claim will be rightfully rejected.

Equity Savings Funds: Where to invest during volatility as polls approach

Historically, volatility in the Indian stock market tends to increase as elections approach, as reflected by the India VIX Index (VIX) in 2009, 2014, and 2019.

Top travel credit cards for your long-awaited summer vacation

Some cards are great for frequent flyers with specific airlines, offering rewards points for bookings and upgrades. Consider cards that offer perks such as lounge access, travel insurance

Why Indian HNIs invested in blank-cheque shell cos are facing tax scrutiny

Tax notices might be linked to information sharing between India and Bermuda, a popular jurisdiction for incorporating SPACs, similar to the Cayman Islands.

Return of debt funds, preference for hybrid funds: MF trends in April 2024

Equity funds, particularly actively managed ones, saw renewed interest due to the good market performance.

Which large-cap stocks did mutual funds buy and sell the most in April?

Kotak Mahindra Bank emerged as the most purchased large-cap stock, with mutual funds accumulating a significant amount (49,160 crore) in the company. Punjab National Bank also saw a surge in buying

Explained: Taxpayers now have access to a new AIS feature for info tracking

Previously, there was limited transparency regarding whether the information reported by these institutions was accurate and accepted by the Income Tax department. This new feature bridges that gap.

Banks, metals, utilities: What domestic mutual funds bought in April 2024

Reflecting the shift in investor preference, five out of the top ten stocks with the highest value increase in April belonged to the Banking sector.

Battle for retirement savings: NPS vs PPF vs EPF. Which is the best option?

You can save up to Rs. 1.5 lakh per year in NPS and get a tax deduction under Section 80C. NPS also offers an additional tax deduction of up to Rs. 50,000 per year

Life insurance premium: How is it taxed; the loopholes explained

An individual is allowed to choose the life insurance policies with higher maturity yield for tax exemption and pay taxes on those whose maturity amount is less.

Tech talent highly sought: 66% demand for these top 5 skill suites alone

Bangalore and Chennai showed the highest tech-focused intent-to-hire in FY24