Page 394 - Personal Finance

Understanding Positive Pay System necessary to encash cheques from August 1

Several banks including BoB and SBI have issued notifications asking customers to register under PPS before August 1 to encash high-value cheques

Only GST-registered tenants face 18% tax on rent paid, say experts

One common query is what happens when a person not registered under GST rents a residential property to a person registered under GST

ITR: What happens if you miss July 31 deadline for filing income tax return

For people with an annual income of over Rs 2.5 lakh, filing an ITR is mandatory. Failing to do so may attract fines and penalties

ITR filing: Know how to file income tax return as the deadline approaches

According to the revenue secretary Tarun Bajaj, over 23 million income returns have been filed by July 20. However, the numbers are expected to pick up as the last date approaches

BNPL credit facility used without caution can lead to a debt trap

Understand all the attendant costs of this facility; delayed repayment will hit your credit score

Fresh supply of office space rises 96% in Jan-Jun across 6 cities

The supply stood at 12.1 million square feet in the January-June 2021 across these six cities - Bengaluru, Chennai, Hyderabad, Pune, Mumbai and Delhi-NCR.

Avoid overreaction to HDFC MF CIO Prashant Jain's exit, say experts

However, what investors got in his funds was fidelity to a fund management style that worked over the long term

Planning to buy an insurance policy? Here is what you need to know

There are three main components of an insurance policy: premium, sum assured and deductibles

A snapshot of fixed deposit interest rates offered by various banks and FIs

Here's how the fixed deposit interest rates offered by various banks and financial institutions stack up

Fund pick: SBI Credit Risk Fund

Fund pick of SBI Credit Risk Fund

Rain check: How to stay healthy and safe in monsoon season

Change your lifestyle and invest in these accessories to shield your skin and digestive system

India's largest equity fund manager Prashant Jain to leave HDFC: Report

Prashant Jain was the longest-serving mutual fund manager in the industry, served for 28 years. With corpus crossing the Rs 1 trillion mark, he became the country's biggest equity fund manager in July

ITR 2021-22: Everything you need to know about updated income tax return

In the Finance Bill, 2022, the government introduced the concept of 'updated ITR'. It allows the assessee to file the ITR within 24 months of the expiry of a financial year

Opting for presumptive tax reduces burden on freelancers: Experts

They don't have to maintain books of account or get them audited

ITR 2021-22: How does a belated income tax return differ from regular one?

Filing your income tax return on time is always the best option. We explain what happens when you file it late

EPFO adds 1.68 mn net subscribers in May, an 83% rise YoY: Govt data

Retirement fund body EPFO added 16.82 lakh new subscribers in May 2022, nearly 83 per cent more than 9.2 lakh enrolled in the year-ago month, according to official data.

Legal heir bound by law to file deceased's tax return for year of death

Failure to do so can result in penalties for the legal heir

ITR 2021-22: Using the Demat account to verify your income tax return

Once the ITR 2021-22 is filed, the taxpayer needs to verify their return within 120 days, or it is deemed invalid

ITR 2021-22: Important documents required while filing income tax return

The income tax department (I-T department) has fixed the deadline as July 31, 2022. If the ITR is not filed before the due date, the taxpayer may be subjected to monetary or criminal punishment

REITs: A combination of good returns with room for growth, say experts

Payouts can be affected by vacancy and tenants defaulting on payments