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Buying property from an NRI gets easier from October 1: Check key rule changes for residents and HUFs

• From October 1, resident individuals and HUFs buying property from non-residents can use their existing PAN for TDS compliance
• Simpler TDS compliance may ease transactions in India’s residential property market

Foreign assets not disclosed in ITR? Income Tax Department gives taxpayers one-time disclosure window

ETMarkets Smart Talk| F&O STT, UPI charges and trading costs: Sandeep Neema on the hidden drag on retail returns

• Sandeep Neema discussed F&O STT, UPI charges and trading costs as drags on retail returns
• Trading-cost changes affect Indian retail investors, stockbrokers and exchanges

After GST exemption, retail policy base rises 11% for Star Health

• Star Health reported an 11% rise in its policy base after individual health insurance premiums were exempted from GST
• Higher policy adoption may support Star Health’s premium growth and earnings

Your booze could cost more in Delhi this festive season: Here’s why

• Delhi is planning to increase excise duty on liquor
• The report says the current system levies duty across different wholesale price bands
• Higher liquor duties may pressure Delhi alcohol retailers and lift costs for consumers

Burnham hints at new taxes in UK for social reform

Tax audit due date remains Sept 30: No extension yet — Here's how much penalty you could face for late filing

• The tax audit report deadline is September 30
• No extension has been granted yet

CBIC eases paperwork to claim concessional duty on imports from UK

• A valid Origin Declaration will suffice to claim concessional duty under the India-UK CETA
• Form-I may be sought only when a shipment is flagged for checks
• Lower import paperwork may benefit Indian importers and companies sourcing goods from the UK

Expecting nil tax liability this year? Know which form to submit to avoid TDS on bank interest, rent and dividend income

• Taxpayers with nil estimated tax liability can submit Form 121 to avoid TDS on certain incomes
• The declaration applies to bank interest, rent and dividend income

Time to correct the tax anomaly on bank FDs

Sold house, land, shares or mutual funds? Know 9 reinvestment options to claim capital gains tax exemption

• The Income-tax Act provides nine exemptions for capital gains from asset sales
• The exemptions may affect tax planning by Indian investors selling property, shares or mutual funds

GST Council to simplify processes, cut penalties