One has to mandatorily pay a late filing fee of Rs 5,000 while filing ITR by the last date if taxable income exceeds Rs 5 lakh. Since income tax laws do not recognise partial partition, the income in respect of distributed assets under such partition will continue to be taxed in the hands of the HUF though received by the members
Simple family money rules can help households build financial security, automate savings, manage major goals, and plan taxes more effectively
A co-borrower’s demise can put the full repayment burden on the surviving borrower, but property rights are governed by separate rules
Freelancers, consultants and creators earning from overseas clients now have a new foreign exchange reporting requirement from October 1, 2026
Trading is set to resume on October 5, and market participants are bracing for a crucial week ahead. Here is a look at the factors expected to impact trade on D-Street:
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Following the announcement, banking stocks experienced a sharp and immediate sell off. On September 24, certain bank stocks witnessed intense pressure including five major private banks
Calculate & Plan your future with ICICI Prudential Life's retirement calculator
The Nifty’s eight-week losing streak has wiped out Rs 28 lakh crore in investor wealth. Here are the key triggers ahead and how investors should navigate this downturn
Simple family money rules can help households build financial security, automate savings, manage major goals, and plan taxes more effectively
In one such case, an individual who purchased a residential property valued at over Rs 2.30 crore, skipped filing her tax return. The matter went to court and led to extensive legal proceedings for her
Irdai’s latest proposals aim to curb insurance mis-selling, cap commissions and improve transparency. Outlook Money examines what they could mean for premiums, policyholders and claims.
Festive shopping is more than just scouting for the best deals. It’s also a test of skills to avoid binge shopping. Do the math right, as well as stay ahead of scammers waiting to entrap you with fake deals and discounts
Car sales during the festive season come with bundled offers and discounts. But not all are worth the money. Here’s why you should do your diligence
Festive home offers can look tempting, but the real cost goes beyond the discount. The October issue of Outlook Money helps you assess affordability, payment plans, hidden costs and more.
Embedded insurance can close protection gaps, but hurried festive checkouts, pre-selected options and hidden exclusions may leave consumers paying for cover they barely understand
RBL Bank, Federal Bank, and Jana Small Finance Bank (SFB) revised their FD rates during the week ending October 3, 2026
