Tax assistant 
Based on the provided article and my research on the latest tax rules for the financial year 2024-25 (Assessment Year 2025-26), here is a rewritten post about claiming HRA by paying rent to your parents. Claiming HRA by Paying Rent to Your Parents? Do It Right to Avoid an Income Tax Notice Claiming House Rent … Read more
In a significant blow to Indian exporters, U.S. President Donald Trump has imposed a new 25% tariff on Indian goods, bringing the total duty on many products to 50%. This measure, a penalty for India’s continued purchase of Russian oil, is expected to severely impact several key sectors of India’s economy. The first 25% tariff … Read more
An extensive overhaul of India’s tax system is on the horizon with the introduction of the Income Tax Bill 2025, which was first presented to the Lok Sabha on February 13, 2025. The government’s goal is to modernize tax administration by simplifying laws, reducing litigation, and making compliance easier for everyone. Key Changes and Simplifications … Read more
Disclaimer: This information is for general guidance only. Consult a financial advisor for personalized advice and refer to the specific policy documents and the Income Tax Act, 1961, for complete details on tax benefits. The Old Tax Regime may not be the optimal choice for everyone. Secure Your Family’s Future and Reduce Your Taxes: A … Read more
Donald Trump stated that he was not aware that the U.S. imports uranium and fertilizers from Russia when questioned by an Indian reporter. This exchange took place as trade tensions between the two countries escalated. Escalating Trade Dispute The question came during a period of heightened friction between the U.S. and India. Trump recently imposed … Read more
On August 6, 2025, the Reserve Bank of India (RBI) announced it would keep the repo rate unchanged at 5.5%. This decision, made after the latest Monetary Policy Meeting, holds significant implications for borrowers and investors. For Home Loan Borrowers The news is a relief for both existing and prospective homebuyers. For Investors The RBI’s … Read more
Directorate of Enforcement (ED), Lucknow Zonal Office has arrested Naveen Rohra on04.08.2025 in connection with money laundering case related to Chhangur Baba and others,under the provisions of PMLA, 2002. He has been sent to ED custody for 5 days by Hon’bleSpecial Court (PMLA), Lucknow.ED initiated investigation on the basis of FIR registered by ATS, Lucknow … Read more
Directorate of Enforcement, Headquarters Office, New Delhi has issued a ProvisionalAttachment Order on 02.08.2025 attaching assets valued at Rs. 42.8 Crore belonging toChirag Tomar, his family members, and associated entities. The provisionally attached assetsinclude 18 immovable properties in Delhi and credits in bank accounts.ED initiated investigation on the basis of newspaper report that an Indian … Read more
Directorate of Enforcement (ED), Panaji Zonal Office, has filed a Prosecution Complaint (PC) before the Hon’ble SpecialPMLA Court, Mapusa, Goa on 31.07.2025 against Rohan Harmalkar, Alcantro D’Souza, Estevan Elvis D’Souza,Mohammad Suhail, and Samir Kalidas Satardekar under the provisions of the Prevention of Money Laundering Act (PMLA),2002.ED initiated investigation on the basis of two FIRs registered … Read more
Directorate of Enforcement (ED), Raipur Zonal Office has conducted search and seizure operationson 30-31/7/2025 at 20 premises across Chhattisgarh in the case of Medical equipment and Re-agentProcurement Scam under the provisions of PMLA, 2002. The premises covered during said operationinclude residential and office premises of Shashank Chopda, his family members, their business entitiesand other associates … Read more