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    Financial Express

    InfIation Calculator: How quickly will inflation double your monthly expenses?

    If you’re not paying attention to inflation while investing, it could seriously impact your savings. That’s why it’s so important to consider inflation when you’re planning your investments.

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    Term Vs whole life insurance – Which should you choose? Know the key differences

    Term insurance is a straightforward life insurance policy that provides coverage for a specific period, or 'term'; if the insured person passes away during this period, the policy's beneficiaries receive a death benefit.

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    Navratri Special: 9 life insurance myths debunked and tips to secure your financial future

    Let’s debunk nine common life insurance myths and offer some valuable personal finance tips to secure your financial future this festive season.

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    Retirement savings: What will be the value of Rs 5 crore after 25 years?

    A common mistake is assuming that the value of retirement savings will remain constant over time. For example, a ₹5 crore corpus today will lose significant purchasing power over 25 or 30 years due to inflation.

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    LIC of India launches new insurance plans – Check benefits, eligibility, other details

    The insurance plans were launched on Monday by LIC CEO and MD Siddhartha Mohanty and will be available both available offline and online.

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    ITR Filing Date 2024 Live Updates: Income tax return deadline to be extended beyond July 31? What we know so far

    ITR Filing Date 2024 Live Updates: The income tax return deadline might be extended beyond July 31. Fresh updates from Income Tax Department on ITR deadline extension! What we know so far about the current status and when to expect refunds after e-verification and processing of income tax return.

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    ITR Filing: What is Updated Return? Who is not eligible to file an updated return? Check late fees, penalty

    Any individual may submit an updated return, with certain exceptions, irrespective of whether they have previously filed an original, late, or amended return for the applicable assessment year.

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    Top 10 expectations of individual taxpayers which Budget 2024 needs to fulfill

    Taxpayers eagerly await budget announcements that will increase their disposable income. Here are a few of the main anticipations that taxpayers have for Budget 2024.

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    ITR Filing Penalty After Due Date: Late fee for delayed filing of income tax return, last date, fees and more

    ITR Filing 2024: Penalty amount for filing income tax return after due date will be imposed. Taxpayers need to be alert as the deadline to file ITR is approaching fast.

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    ITR Filing: Risks of sharing your sensitive financial details with an income tax filer

    It is crucial to remember that your financial information holds significant value, encompassing all your investments and earnings for the year. Here are several important considerations to bear in mind before disclosing your ITR details.

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    Union Budget 2024: Why Standard Deduction limit needs to be increased to Rs 100,000!

    The existing standard deduction of Rs 50,000 is considered inadequate to address the rising expenses linked to the increased cost of living and, therefore, it is imperative to raise the limit of this deduction.

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    Attention Taxpayers! Income Tax Department warns against false claims in income tax returns

    The Income Tax Department has issued a strong advisory to taxpayers, advising them against submitting income tax returns with inaccurate claims for exemptions and deductions.

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    Best practices to keep your money safe from fraudsters

    Regularly monitoring your financial records and staying alert for any suspicious activities is crucial for early fraud detection.

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    How to file ITR online – Steps for e-filing income tax return

    In order to file a tax return online, you can access the new income tax portal logging in with PAN-based credentials and following certain steps that simplify tax filing process.

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    Income Tax Return: How to choose correct ITR form for tax filing

    There are 7 ITR forms the Income Tax Department has notified, and often, taxpayers get confused which ITR form is applicable to them.

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    ITR Filing: Minute details of furnishing an error free Income Tax Return

    Taxpayers required to file their income tax return should take into consideration the following.

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    Modi 3.0: 80C Deduction benefits to be extended to new tax regime in Budget 2024?

    Currently, the benefit of section 80C is not available under the default (new) tax regime and it would be expected that this benefit be extended to even the default tax regime.

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    Budget 2024: Big tax relief for middle-class in the offing? Section 80C, 80D deduction limits may be hiked to …

    After the new government formation, the focus is now shifted to the Union Budget 2024-25. Taxpayers are hopeful that the Modi government will give them a tax relief in the upcoming budget. Experts too are of the view that FM Sitharaman would at least make some revision in deduction limits under Section 80C and 80D.

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