Key takeaways Indian income tax laws treat a missed ITR filing deadline with more patience than public anxiety about it would suggest. The original due date carries real weight, since a fee and monthly interest both key off it, yet belated ITR filing keeps the return fully valid for months afterward. The Income Tax Act […]
India’s Total Fertility Rate has fallen to 1.9 children per woman, below the replacement level of 2.1 for the first time in the country’s recorded history, according to the Sample Registration System’s 2024 report from the Registrar General of India. The decline has been steady rather than sudden. It has moved from 5.2 children per […]
Without a Will, or with one that was poorly drafted, the law divides your estate by its own fixed order of heirs. That formula applies regardless of what you actually wanted. Inheritance planning is, at its heart, about peace of mind; it’s the assurance that what you spent a lifetime building reaches the people you […]
Key takeaways Salaried Indians ask the same question every tax season, how to save tax before the financial year closes. The March rush for investment proofs leaves little room to check whether an option actually fits, and many end up buying the wrong one. Tax planning is only one part of your finances, tied to […]
Key takeaways The 30% tax on crypto in India is the most visible feature of this country’s crypto tax regime. Section 115BBH of the Income Tax Act subjects virtual digital assets (VDAs) to a separate set of tax provisions that apply irrespective of your income tax slab or the period for which the asset is […]
Key takeaways Few emails unsettle a salaried taxpayer quite like an income tax notice. It shows up weeks after filing with a section number in the subject line and little else, and most people immediately assume something in the return went wrong. Behind most of these income tax notices is software rather than a person. […]
