However, clubbing does not apply in every situation. Income earned by a minor child on account of manual work or through application of the child’s own skill, talent, specialized knowledge, or experience is excluded from clubbing. These exceptions are often overlooked, leading either to excessive clubbing or incorrect reporting.
Following the EPF Scheme 2026, there has been ongoing debate over whether employers should restrict Employees Provident Fund (EPF) contributions to ₹1,800 per month. In a detailed post on X, Labour Law Reporter (LLR) said many HR, payroll and finance teams are asking whether employers can now restrict their PF contribution to ₹1,800 per month….
The stocks of DB Realty and Unitech rose after top executives of these companies were granted bail in the 2G scam case. The DB Realty stock has risen 40%, while Unitech gained 4%. However, some of the intrinsic problems which plague these companies, and uncertainty over the outcome of the 2G scam case may prevent…
Nuvama initiated coverage on aerospace player Aequs with a ‘Buy’ rating and a target price of Rs 444, implying a 91% upside from the stock’s previous closing price of Rs 232. Aequs deserves a valuation premium above pharma CDMOs, as unlike molecules, aircraft programmes never expire, Nuvama said in its latest report, calling the company…
Guwahati: Chief Minister Himanta Biswa Sarma on Sunday said the seat-sharing arrangement within the NDA for the Assam assembly elections was a “done deal”. Among the NDA constituents in the state, the BJP, Asom Gana Parishad (AGP), United People’s Party Liberal (UPPL) and Bodoland People’s Front (BPF) have members in the assembly. Rabha Hasong Joutha…
Introduction: In this article, I’ll explore the landscape of flexi loans offered by various financial institutions and delve into the details of their terms and conditions. Flexi loans have become increasingly popular among borrowers due to their flexibility and convenience. However, not all financial institutions offer the same terms, making it essential to compare…
With less than 30 days left until the July 31 income tax return (ITR) filing deadline, only a fraction of eligible taxpayers have filed their returns so far. While the pace of filing has been much slower than last year, Cleartax CEO Archit Gupta says taxpayers should not assume the due date will be extended…