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Income-tax Act 2025 vs Income-tax Act 1961: What Actually Changed for Taxpayers
access_time 1787838960000 face Siddhartha Raturi
Income-tax Act 2025 vs Income-tax Act 1961: What Actually Changed for Taxpayers The Income-tax Act, 1961 stood repealed from 1 April 2026, replaced by the Income-tax Act, 2025. Five months in, here is a fact-checked, exam-ready explainer of what genuinely changed — and what stayed exactly the same. ...
Bank Reconciliation Statement (BRS): Meaning, Causes of Difference and Solved Example
access_time 1787838780000 face Siddhartha Raturi
Bank Reconciliation Statement (BRS): Meaning, Causes of Difference and Solved Example A step-by-step Class 11 guide to why your cash book and bank passbook never seem to match, how to prepare a Bank Reconciliation Statement, and a fully solved example with the standard format used in CBSE and ISC ex...
ITR Filing Deadline 31 August 2026: Who Must File Now & What Happens If You Miss It
access_time 1787838360000 face Siddhartha Raturi
ITR Filing Deadline 31 August 2026: Who Must File ITR-3/ITR-4 Now & What Happens If You Miss It ITR-3 and ITR-4 (non-audit) returns for AY 2026-27 are due by 31 August 2026. Here’s who this applies to, how to file, and the penalty for missing the deadline. Introduction If you file Income Tax Return...
RBI Repo Rate August 2026: Why It Stayed at 5.25% and What It Means for Your EMI
access_time 1787837940000 face Siddhartha Raturi
RBI Repo Rate August 2026: Why It Stayed at 5.25% and What It Means for Your EMI RBI kept the repo rate unchanged at 5.25% in its August 2026 policy. Here’s why, what it means for home loan EMIs, FDs, and the wider economy. Introduction On 5th August 2026, the Reserve Bank of India’s Monetary Polic...
Bank Reconciliation Statement (BRS): Meaning, Need & How to Prepare It
access_time 1787632320000 face Siddhartha Raturi
Bank Reconciliation Statement (BRS): Meaning, Need & How to Prepare It Learn what a Bank Reconciliation Statement is, why cash book and pass book balances differ, and how to prepare a BRS step by step with a solved example. Introduction If you have ever compared your own cash book (the record you m...