Being an executor involves managing a deceased person’s estate, settling liabilities and distributing assets. Here’s what the role entails and when you can renounce it.

Starting a startup requires careful financial planning. Founders should prioritise family security by creating a safety fund, protecting savings for family goals, and building a startup fund. 

The Odisha government is set to clear pension dues of 20.33 lakh beneficiaries covered under the Indira Gandhi National Old Age Pension Scheme (IGNOAPS) by October, state minister Nityananda Gond said. 

Discussing public and private market strategies during market downturns, ace investor Renuka Ramnath noted private equity’s boardroom influence and crisis management; while Nilesh Shah stressed bargains created by public-market sell-offs. 

Know when TDS applies to payments made to contractors for construction, repair, or renovation work. The rules specify who must deduct TDS, the applicable 1% or 2% rates, the ₹30,000 single-payment and ₹1 lakh annual thresholds, and separate rules for individuals and HUFs.

Social media creators with certain followings can earn consistent income, but their accounts, content and money are managed differently after death according to platform policies. Here’s what happens in such cases. 

ITAT Mumbai cut an NRI’s tax penalty from 200% to 50% after she omitted ₹14.46 lakh in interest income from her ITR. The tribunal held mere omission isn’t automatic misreporting, citing her overseas residence, reliance on an accountant, and voluntary tax payment once notified.

A cyber fraud can leave victims worried not just about lost money but also about what happens to their bank account after the incident is reported. Here’s what customers need to know about the bank’s response, account restrictions and chances of recovering the money.