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- Income Tax Rules 2026 amended: CBDT revises Form 169, Form 171; extends these deadlines
5 Bangalore landowners formed a partnership firm to develop property, received income tax notice for undisclosed rental income; won relief in ITAT for this reason- JioBlackRock Mutual Fund files draft document with Sebi for income plus arbitrage omni FoF
- CBDT removes arrest-related provisions under Rule 225; valuers face tighter disclosure norms as registration deadline extendedIncome tax recovery no longer includes arrest or prison detention. Other recovery methods like property attachment remain available to auth...19 Sep, 2026, 09.49 AM IST
- 8 changes in income tax audit forms for AY 2026-2027; what taxpayers need to knowFor the assessment year 2026-2027, the deadline for income tax audits is set for September 30, 2026. Businesses utilizing presumptive taxat...19 Sep, 2026, 07.00 AM IST
- In 2008, Georgia upgraded 832 low-income homes; typical households used 35% less energy and saved about $437 a year on utility billsIn 2008, Georgia's weatherization initiative provided critical support to numerous low-income families, leading to marked decreases in ener...18 Sep, 2026, 06.40 PM IST
- Rs 9,580 for a 22-minute cab ride: Indian man in Norway explains the real reason taxi fares are higher. ‘No rich and poor.’An Indian man living in Norway recently shared his expensive taxi ride, which cost more than Rs 9,000. The experience shed light on Norway’...18 Sep, 2026, 06.19 PM IST
- Rs 1 crore foreign asset limit under FAST-DS 2026: What taxpayers must know about undisclosed incomeFAST-DS 2026 prescribes detailed rules for valuing foreign assets, but how should undisclosed foreign income be computed for the ₹1-crore l...18 Sep, 2026, 02.41 PM IST
- Washington upgraded 7,474 low-income homes with insulation and repairs that stopped heat from escaping; households saved about $189 a yearWashington State's weatherization initiative made a significant impact in just one year by enhancing the quality of low-income homes. This ...18 Sep, 2026, 01.40 PM IST
- In 2017, Iowa upgraded 1,200 low-income homes; 80% got attic insulation, 64% got new heating equipment, and families saved $290 a yearIn 2017, Iowa's weatherization program made a remarkable impact by assisting 1,200 low-income families. Households saved an impressive aver...18 Sep, 2026, 01.20 PM IST
- YouTube Income: India's creator economy needs to be more serious after new monetisation criteriaYouTube’s new Partner Programme eligibility norms are set to reshape India’s creator economy, raising the bar for monetisation and rewardin...18 Sep, 2026, 09.51 AM IST
- Salary jumped from Rs 25,000 to Rs 1.2 lakh, but financial stress didn’t. Bengaluru CA explains what went wrongA Reddit user earning Rs 1.2 lakh monthly at 28 said they still feel financially stressed despite their salary rising from Rs 25,000 in 202...18 Sep, 2026, 07.53 AM IST
- SNAP benefits changing October 1, 2026: New eligibility limits, deductions, monthly payments and asset rulesStarting October 1, 2026, SNAP benefits and income limits are poised for a substantial increase. Eligible households can expect a notable r...17 Sep, 2026, 10.03 PM IST
- A New York program weatherized 40 homes for low-income families; SCCAP reported $38,148 in energy savings and 8,348 gallons of fuel savedOlder housing infrastructure continues to put a strain on low-income families, leading to substantial energy costs. In response, a program ...16 Sep, 2026, 07.20 PM IST
- Student gets Rs 18.34 lakh stipend from university and pays no income tax; gets notice from Income Tax Department; she wins the case in ITAT Delhi for this reasonStudent gets Rs 18.34 lakh stipend from university for PG studies and pays no tax; Tax dept sent notice; She wins case in ITAT Delhi; Know ...16 Sep, 2026, 05.47 AM IST
- NRI woman declared Rs 43,796 income in ITR but didn’t report Rs 14 lakh interest; faced 200% penalty – how she got it reduced to 50% in ITATThe NRI woman's advocate explained that she is a 57-year-old lady with limited technological knowledge and had entrusted an accountant with...15 Sep, 2026, 02.51 PM IST
- India's middle-income trap has a problem money may fixEconomist Thomas Piketty says India can escape the middle-income trap through massive investment in education, healthcare and infrastructur...15 Sep, 2026, 12.30 PM IST
- Indian moves to US for job, forgets to file ITR, Income Tax Dept imposes Rs 8.29 lakh penalty; ITAT Jaipur cancels penalty and gives full reliefIndian employee working in US imposed with Rs 8.29 lakh penalty for missing to file ITR after moving to US; ITAT Jaipur cancels penalty and...14 Sep, 2026, 07.00 AM IST
- Taxable income below Rs 12 lakh: Will you pay zero income tax if this income includes LTCG and STCG for Tax Year 2026-27?Indian residents and HUFs can use the basic exemption limit to lower capital gains tax. This provision under the Income Tax Act, 2025, rema...12 Sep, 2026, 02.37 PM IST
- Rs 1.17 crore interest income of minor child: Father faces Rs 12.83 lakh penalty; ITAT Delhi cancels itSatbeer Singh Godara, judicial member and Amitabh Shukla, accountant member of ITAT Delhi, in a recent judgement ruled that a father can’t ...12 Sep, 2026, 11.13 AM IST
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