Good news for investors: No income tax on dividends received from REITs and InvITs in this case, Lok Sabha passes the bill; Check the detailsThe Lok Sabha passed a bill amending tax laws on August 6, 2026. This amendment benefits REIT and InvIT investors by exempting dividend inc...
10 Aug, 2026, 09.54 AM IST
Can Molbio Diagnostics IPO deliver long-term growth for high risk investors?Molbio Diagnostics aims to secure ₹200 crore to enhance its capital expenditures through a new issuance of shares. In tandem, the firm inte...
10 Aug, 2026, 05.56 AM IST
Global banks are pulling back credit cards once prized by rich IndiansSeveral offshore banks are becoming reluctant to issue or renew international credit cards for wealthy resident Indians due to India’s 180-...
09 Aug, 2026, 11.47 PM IST
Absolute volume of business compliances remains major friction point for firms: Stakeholders to Parliamentary PanelDomestic enterprises face significant compliance burdens despite central deregulation efforts. Overlapping rules inflate operational costs ...
09 Aug, 2026, 04.38 PM IST
Independence Day 2026: When the British built a 4,000-km wall across India to extort taxBritish authorities constructed an enormous hedge across India to enforce a salt tax. This living barrier aimed to prevent smuggling of che...
09 Aug, 2026, 02.49 PM IST
Billions in Trump tariff refunds go to Apple, Amazon and Nike after Supreme Court ruling—but what happened to the promised $2,000 checks for Americans?Major companies are receiving billions in tariff refunds after a Supreme Court ruling. Apple, Amazon, and Nike are among the largest benefi...
08 Aug, 2026, 12.31 AM IST
How companies create fake cash in books, and take investors for a rideCash is the item on a balance sheet that most investors accept without argument. Revenue can be recognised early, inventory can be overvalu...
07 Aug, 2026, 10.08 PM IST
Nazara to raise Rs 733.5 crore via preferential issue to Bluetile, BestPlay leadershipThe fundraise comes just after a leadership change with founder Nitish Mittersain stepping down as chief executive from September 1 while c...
06 Aug, 2026, 11.03 PM IST
Earnings from unexercised ESOP buyback is LTCG, not pay perk: ITATThe Income Tax Appellate Tribunal ruled that vested ESOPs are not taxable as salary until exercised. It held that gains from Flipkart's rep...
06 Aug, 2026, 09.01 AM IST
FISME seeks GST overhaul to ease MSME complianceFISME seeks Goods and Services Tax reforms to ease MSME compliance burdens. They propose a safe harbour for input tax credit and faster GST...
04 Aug, 2026, 07.53 PM IST
Household savings rise to 21.7% of GDP in FY25: GovtHousehold savings increased to 21.7 percent of GDP in 2024-25. Government and RBI measures aim to boost incomes and financial security. RBI...
04 Aug, 2026, 06.14 PM IST
She invented a business, got $41,381 in PPP loans and still won't spend a day in prisonAn Illinois woman confessed to fraudulently obtaining government aid via a fake business, netting over forty thousand dollars from two Payc...
04 Aug, 2026, 04.35 PM IST
US Supreme Court won't halt $655 million judgment against Palestinians over attacksUS Justice Sonia Sotomayor declined to halt a large damage award against Palestinian authorities. This judgment stems from a civil lawsuit ...
04 Aug, 2026, 08.27 AM IST
Andy Burnham pushes for written UK constitutionCalling for "a new clear set of principles about how this country should be run", Burnham argued that the absence of a written constitution...
03 Aug, 2026, 12.07 AM IST
Over 5.9 crore income tax returns filed by July 31 for AY27 as deadline closesMore than 5.9 crore income tax returns were filed by the July 31 deadline. This figure represents filings for assessment year 2026-27 by in...
01 Aug, 2026, 12.50 PM IST
Rajasthan footwear artisan earning Rs 15,000 a month received Rs 6 cr tax notice: A fake export firm in TN with Rs 6.7 crore GST dues was allegedly registered using his PANRajasthan footwear artisan Jitendra Kumar Jingar, who earns Rs 10,000 to 15,000 a month making traditional leather shoes in Balotra distric...
31 Jul, 2026, 09.55 AM IST
IFSCA working with govt on outbound tax issues: OfficialOutbound investments from GIFT IFSC face tax-related constraints, according to an IFSCA official. The International Financial Services Cent...
29 Jul, 2026, 08.27 PM IST