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Not satisfied with your tax assessment? You can use Form 35 to file an appeal " Check process, fees, other details
1+ hour, 31+ min ago (381+ words) If you have received an income tax order but do not agree with it or are not satisfied with the assessment, demand or penalty raise, you are not left without options. The income tax department provides a formal way to…...
Quote of the day by Lao Tzu: "He who conquers others is strong; he who conquers" | Today News
7+ hour, 36+ min ago (422+ words) Society often celebrates people who achieve power, wealth, or victory over others. However, Lao Tzu reminds us that the greatest challenge lies within ourselves. Overcoming fear, anger, pride, temptation, and selfishness require wisdom and discipline. This teaching encourages people to…...
Income-Tax Returns: Here's what precautions should taxpayers take while filing their ITR
10+ hour, 51+ min ago (251+ words) Income-tax returns: The income-tax department has released excel utility of its ITR-1 (Sahaj), ITR-2, ITR-3, and ITR-4 (Sugam) online forms for financial year 2025-26 i. e. assessment year 2026-27 and notified all ITR forms 1-5 for this tax year (FY26 / AY27). Notably, availability of excel utility means…...
What is a mutual fund riskometer? A simple guide to understanding fund risk before you invest
11+ hour, 54+ min ago (548+ words) The "riskometer" is a disclosure by the fund house that shows a scheme's risk level, ranging from low to very high. It is based on multiple factors, including the underlying portfolio, market capitalisation, market risk, liquidity, credit risk and interest…...
e-Filing Vault Higher Security explained: What it is, why it matters and how to enable it
12+ hour, 26+ min ago (381+ words) The Income Tax Department offers an optional security feature called e-Filing Vault Higher Security, which adds an extra layer of protection to taxpayers' accounts through two-factor authentication. While enabling the e-filing vault is not mandatory, you can activate it to…...
6 simple ways to prevent unauthorized credit card use and secure your finances
12+ hour, 58+ min ago (435+ words) A credit card provides day-to-day users with comfort, convenience, flexibility and quick access to funds, especially during crunch times. Despite its features, credit cards still need to be handled carefully during routine use. With rapidly increasing digital transactions and the…...
If not the passport, which documents establish Indian citizenship? FAQs | Today News
1+ day, 6+ hour ago (418+ words) The Ministry of External Affairs (MEA) has reiterated that an Indian passport is merely a travel document and should not be regarded as conclusive proof of citizenship. The clarification came on 24 June during a briefing on India's expanding passport and…...
UTI Nifty 50 Index Fund vs ICICI Prudential Large Cap Fund: A quick comparison of passive and active investing styles
1+ day, 7+ hour ago (415+ words) A comparison between the UTI Nifty 50 Index Fund, India's largest Nifty 50 index fund with an AUM of "27, 827 crore, and the ICICI Prudential Large Cap Fund, the largest large-cap fund with an AUM of "76, 297 crore, offers a useful illustration of how…...
Citizenship vs Nationality: What's the difference and documents that matter | Today News
1+ day, 8+ hour ago (718+ words) What is the difference between Indian nationality and citizenship? How can one know if they are an Indian national or a citizen? How is citizenship decided? What documents are required to prove your nationality or Indian citizenship? These questions have…...
ITR-3 vs ITR-4: Who can file, who cannot and how to choose right return form
1+ day, 12+ hour ago (492+ words) As the income tax return filing season progresses for AY2026-27, taxpayers with business or professional income need to carefully determine whether they should file ITR-3 or ITR-4. ITR-3 is for individuals and HUFs reporting business or professional income, as well as…...