The release of the draft Income Tax Rules, 2026 has brought an unexpected twist to India’s tax reform journey. While the new rules aim to operationalise the New Income Tax Act, 2025 from April 1, 2026 and significantly simplify compliance, several provisions have quietly restored relevance to the old tax…
Tag: #MoneyMatters
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ChatGPT Surprises Investor With Simple Path to Wealth
Artificial intelligence rarely surprises seasoned investors, but a recent conversation involving ChatGPT did exactly that. During an episode of the popular podcast The Diary of a CEO, the AI chatbot delivered a concise answer on building wealth that left veteran investor and author JL Collins both amused and impressed for…
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RBI Rule: Why Signing Back of Cheque Can Be Risky
Most Indians still prefer using cheques for transactions, but few understand the rules governing them. A small mistake, like signing on the wrong side, could put your money at risk. According to the Reserve Bank of India (RBI), unnecessary signatures on the back of cheques can lead to fraud or…