Who Must File a Revised ITR Now After Latest Income Tax Department Message

Who Must File a Revised ITR Now After Latest Income Tax Department Message

The Income Tax Department has flagged a large number of tax returns for mismatches, resulting in refunds being put on hold. Taxpayers whose returns were identified must file revised returns by 31 December 2025 to correct the discrepancies. If you don’t act by the deadline, you may face additional tax liabilities, interest and other consequences. … Read more

Global stocks slip as volatility returns with mixed results across sectors

Global stocks slip as volatility returns with mixed results across sectors

Bourses slipped as a chunk of the 30-stock index underperformed, dragging broader sentiment. Among the heaviest laggards were InterGlobe Aviation, Sun Pharma, Asian Paints, Reliance Industries, Hindustan Unilever and Tata Steel. Their weakness contributed materially to the index’s downward move and drew fresh attention from investors managing short- and medium-term risks. Who slipped and why … Read more

Palladium climbs above 2300 as silver tops 72 and gold steadies near 4500

Palladium climbs above 2300 as silver tops 72 and gold steadies near 4500

Financial markets are digesting a fresh layer of geopolitical risk as tensions around Venezuela rise and former President Donald Trump threatens sanctions targeting oil tankers. The combination has pushed investors to reassess supply risks in the energy market and ripple through shipping, insurance and regional currencies. Why this matters for markets Venezuela remains a vulnerable … Read more

From stage collapses to flight delays wedding insurance still a tough sell

From stage collapses to flight delays wedding insurance still a tough sell

India’s wedding economy and a surprising protection gap India is set to host weddings worth roughly ₹6.5 trillion this year. Despite the scale and expense of these celebrations, relatively few couples buy wedding insurance. High bills, complex contracts, and a sense that mishaps are unlikely mean many families accept the risk rather than paying for … Read more

Joint Bank Accounts With Parents and Tax Risks for NRIs Explained Clearly

Joint Bank Accounts With Parents and Tax Risks for NRIs Explained Clearly

Why NRIs worry about family accounts Many non-resident Indians (NRIs) help manage family bank accounts back home. That can mean signing as a joint holder, asking a relative to operate an account on your behalf, or keeping money in a family member’s account for convenience. What often causes uncertainty is who is the beneficial owner … Read more