Articles by Rashmi

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RBI Cuts Repo Rate by 50 Basis Points: What It Means for Home Loan Borrowers and FD Investors

  Rashmi    07 June 2025 at 08:55

In a surprise move, the Reserve Bank of India (RBI) has reduced the repo rate by 50 basis points (bps), bringing it down to 5.50%.



Quit Your Job Before the Bond Period? You Could Pay the Price!

  Rashmi    30 May 2025 at 08:49

SC Ruling Makes It Clear: Minimum Tenure Clauses in Employment Bonds Are Now Legally Enforceable



Are You Financially Compatible with Your Spouse?

  Rashmi    29 May 2025 at 08:45

For Indian professionals juggling careers, EMIs, responsibilities to parents and investments in children's futures - financial compatibility with a spouse is not a luxury; it's a necessity.



Think Wedding Gifts Are Tax-Free? Parents, That Shagun May Be Taxable!

  Rashmi    27 May 2025 at 08:49

Think All Wedding Gifts Are Tax-Free? Think Again! Parents, You May Have to Pay Tax on That Shagun



Big Win for Taxpayers: 4-Year Window for ITR-U Filing Starts April 2025

  Rashmi    22 May 2025 at 08:31

The Central Board of Direct Taxes (CBDT) has amended the rules for filing ITR-U (Updated Return), as announced in Budget 2025.



Owning Multiple Floors in a Building: Does It Disqualify You From LTCG Exemption Under Section 54F?

  Rashmi    21 May 2025 at 08:30

The Delhi High Court has recently clarified a long-debated issue in tax law - does owning multiple floors in the same residential building mean you own more than one residential property?



CBDT Notifies Revised ITR-7 Form for AY 2025-26: Key Changes and Compliance

  Rashmi    13 May 2025 at 08:37

The Central Board of Direct Taxes (CBDT) has notified the revised Income Tax Return Form ITR-7 via Notification No. 46/2025 dated May 9, 2025, applicable from Assessment Year 2025-26 (FY 2024-25).



CBDT's New ITR-6 Form: What Companies Need to Know

  Rashmi    08 May 2025 at 08:37

The Central Board of Direct Taxes (CBDT) has recently announced an important update for companies filing their tax returns. The government has introduced a new ITR-6 form that companies will use for the 2025-26 Assessment Year.



CBDT Notifies ITR-2 for FY 2024-25: Key Changes and Implications for Taxpayers

  Rashmi    07 May 2025 at 08:36

CBDT has notified ITR-2 for FY 2024-25. Explore key changes, new disclosures, and implications for salaried individuals, HNIs, and NRIs filing income tax returns.



New ITR Form 5 for AY 2025-26: Key Highlights Explained

  Rashmi    05 May 2025 at 08:28

The Income Tax Department has released a revised Income Tax Return (ITR) Form 5, notified by CBDT via Notification No. 42/2025 dated May 1, 2025, applicable from April 1, 2025, for the Assessment Year 2025-26.