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Inheritance Tax in India:- Lately, the Sam Pitroda controversy has gained traction, particularly regarding his discussions on inheritance tax and its mechanisms. Notably, India had an inheritance tax back in 1953, but it was later abolished in 1985 during Rajiv Gandhi’s tenure. Despite this history, there’s currently no proposal to reintroduce an inheritance tax. However, … Read more
The Economic Survey 2024-25 was released on July 22, 2024. Annually, the Ministry of Finance publishes this pivotal document, known as the Economic Survey of India, typically one day prior to the Union Budget presentation in Parliament. Compiled by the Economics Division of the Department of Economic Affairs under the guidance of the Chief Economic … Read more
Income Tax Latest Updates:- Income tax in India is a crucial part of the country’s financial system, significantly contributing to government revenue. It is a direct tax levied on individuals, Hindu Undivided Families (HUFs), companies, and other entities based on their income or profits earned during a financial year. Let’s explore this topic in more … Read more
Swiggy IPO Allotment:- Swiggy, India’s leading food delivery platform, has garnered significant attention with its Initial Public Offering (IPO). Investors and market enthusiasts are eagerly awaiting the Swiggy IPO allotment results, listing price, and other key details. In this article, we will walk you through how to check the status of Swiggy IPO allotment, the … Read more
ITR filing:- Filing your Income Tax Return (ITR) annually is a fundamental responsibility for taxpayers across India. Beyond fulfilling legal obligations, it offers several benefits, such as providing proof of income essential for securing loans, visas, or government contracts. Additionally, filing your ITR ensures you can claim tax refunds if you’ve overpaid taxes. The filing … Read more
Facebook Settlement 2025:- U.S. citizens have initiated a class action lawsuit against Meta (formerly Facebook), the leading social networking platform, over privacy concerns. The lawsuit addresses allegations of privacy breaches. As part of the settlement, Meta has agreed to pay $725 million to affected users. Although payments were expected to begin in 2025, there has … Read more
Union Budget Highlights: The Union Budget 2025 is one of the most anticipated financial events of the year, with potential landmark announcements poised to impact every sector of the Indian economy. As the Finance Minister steps up to deliver the budget speech, expectations are high for significant reforms in income tax regulations, healthcare advancements, and … Read more
Income Tax Login 2025: If you are looking to file your income tax returns electronically, it’s important to first complete the income tax login and registration process. By doing so, you’ll gain access to the Income Tax e-filing website, where you can submit your returns and take advantage of other tax-related services. To get started, … Read more
IRS Tax Refund Deposit Dates May 2025:- The Internal Revenue Service (IRS) reports that 90% of tax refunds are processed within 21 days. In May 2025, if you have paid your taxes, you can expect to receive your tax refunds according to the IRS Tax Refund Deposit Dates for 20 May 2025. However, some tax … Read more
Income Tax Refund Online:- An income tax refund is issued by the Income Tax Department when a taxpayer has paid more tax than their actual liability for a specific tax year. After a thorough assessment by the tax authorities, this excess amount is refunded to the taxpayer. Income Tax Refund Online An income tax refund … Read more