Tax, GST & finance, explained clearly.
Original coverage of Indian tax rulings, GST changes, compliance deadlines and money decisions — distilled into plain English by the Bluman editorial desk.
Banking Rules 2026: What Every Account Holder, Nominee and Borrower Must Know
From July 2026, critical new banking rules affect nominee details, FD claims, digital fraud responsibility, KYC, dormant accounts and loan collateral—here’s what customers and advisors should know.
3 Sept 2026 · 4 min read
Does a 15% Rise in GST Collections Signal 15% Economic Growth?
A 15% jump in GST collections does not necessarily translate to 15% economic growth. Here's what drives GST revenues—and why this metric alone doesn't tell the whole story.
3 Sept 2026 · 3 min read
Why ITAT Quashed a Penalty for Vague Notice Under Section 271(1)(c): What Taxpayers Must Know
The Delhi ITAT quashed a Section 271(1)(c) penalty where the notice failed to specify the alleged default—highlighting a key safeguard for all taxpayers facing penalty action.
3 Sept 2026 · 3 min read
Orissa High Court Rules Appellate GST Authorities Cannot Condon Delay Beyond Four-Month Limit
The Orissa High Court has clarified that GST appellate authorities cannot condone delays in appeal filings beyond the four-month period under Section 107(4), making accurate date declarations in Form GST APL-01 critical.
3 Sept 2026 · 5 min read
ITAT Mumbai: Partners’ Capital Introduced in First Year Can’t Be Taxed as Unexplained Income if Properly Documented
The ITAT Mumbai held that introduction of partners’ assets or cash as capital in a firm’s first year cannot be deemed unexplained income if identity, genuineness, and creditworthiness are established, especially when assets are concurrently accepted for depreciation.
3 Sept 2026 · 4 min read
Best Options Trading Apps in India: Comparing Execution Speed and Features
A close comparison of India’s top options trading platforms—Groww, Upstox, Dhan, Zerodha, Angel One, 5paisa, and ICICI Direct—on speed, brokerage, features and suitability for different trading needs.
3 Sept 2026 · 4 min read
Income from House Property: What’s New and What Matters Under the Income Tax Act 2025
Understand provisions for taxing house property income under the Income Tax Act 2025 — from Gross Annual Value and deductions to rules for self-occupied homes, let-out properties, and affordable housing incentives.
3 Sept 2026 · 4 min read
RBI Allows UCBs to Invest in IDPIC for Acquiring Membership
RBI's latest amendment permits Urban Co-operative Banks to invest in IDPIC, enhancing their role in digital payments.
3 Sept 2026 · 2 min read
Fake Income Tax Penalty Emails Target Taxpayers: How to Identify and Avoid This Scam
A phishing email scam impersonating the Income Tax Department threatens taxpayers with fake penalties and a 72-hour deadline. Learn how to spot, verify, and protect yourself from such fraudulent messages.
3 Sept 2026 · 3 min read
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