Quote of the day by George Clooney: 'There comes a point in life when you realize that you've got more road behind you than you do in front of you...' The reality of life's limited time highlighted by the Hollywood starGeorge Clooney's quote reflects on how priorities often change with age and experience. He suggests that when people realize they have more...
Will the ITR filing deadline for AY 2026-27 be extended? Here's what taxpayers need to knowTaxpayers can breathe easy as the Income Tax Return (ITR) filing deadline for AY 2026-27 is unlikely to be extended. Unlike last year's tec...
Quote of the Day by Carl Rogers: 'If I let myself really understand another person, I might be...'- Inspiring lessons on empathy, fear, and human connection by the famous American psychologist, esteemed as one of the founders of humanistic psychologyRenowned psychologist Carl Rogers highlighted the profound courage required to truly understand another person, noting that such deep compr...
Do taxpayers need to file two ITRs for FY 25-26 income? I-T Department explainsAY 26-27 and TY 26-27: Confusion surrounding the new Income Tax Act, 2025, and its transition from Assessment Year (AY) to Tax Year (TY) is...
Income Tax AY 2026-27: Even if your salary income is below Rs 12.75 lakh, you still need to pay tax for these incomesIncome Tax AY 2026-27: Salaried individuals earning up to Rs 12.75 lakh annually may enjoy zero tax liability due to enhanced Section 87A r...
Popular quote of the day by Swiss psychiatrist Carl Jung: 'I am not what happened to me, I am what I choose to become...' How success in life comes through conscious choices, not just your circumstancesRenowned psychologist Carl Jung's powerful quote, 'I am not what happened to me, I am what I choose to become,' underscores our agency in s...
Rs 17.25 lakh income of an employee was added as taxable salary despite working in UK; ITAT Delhi gives him relief under India-UK DTAAThe Income Tax Appellate Tribunal (ITAT) Delhi has ruled that even if a non-resident salaried individual has received any ‘per-diem’ paymen...
Famous psychologist Carl Jung explains why people get irritated by habits they secretly themselves have: 'Everything that irritates us about others can lead us to an understanding of ourselves'Swiss psychiatrist and psychoanalyst Carl Jung believed that the traits and habits that irritate us most in other people often reflect hidd...
Monday Motivation by Robert Frost: 'I believe in teaching, but I don’t believe in...' - Renowned American poet's timeless wisdom on why learning goes beyond schoolRobert Frost, the celebrated American poet, believed true education transcends formal schooling, emphasizing learning from life's experienc...
ITR filing for FY 2025-26: Key changes in due dates, ITR forms, and F&O disclosure rules taxpayers must knowThe deadline for filing income tax returns for FY2025-26 has arrived, with new rules and forms in effect. Notably, ITR 3 and ITR 4 filings ...
In 1960, a physicist fired a flash lamp into a synthetic ruby rod: It produced the first working laser and changed how humans control lightOn May 16, 1960, Theodore Maiman made history by demonstrating the first functional laser at Hughes Research Laboratories. His innovative d...
Retired employee claims tax exemption on Rs 19 lakh leave encashment; I-T dept issues notice and caps it at Rs 3 lakh; ITAT Chennai grants him full reliefWhen Mr Balasubramanian Venkatachalaperumal from Jagadamal Street retired from ONGC in FY 2019-20, he got Rs 19.05 lakh as leave encashment...
Asia warming up faster; India faces melting glaciersAsia faced extreme weather in 2025. Dangerous heat, heavy rains, and floods affected millions. Droughts also hit the continent. Glaciers in...
'Burning classrooms' track schools in sun-scorched SpainChildren in L'Hospitalet de Llobregat are struggling with unbearable classroom heat exceeding 29C, prompting a grassroots project to monito...
TDS Challan correction for Income Tax Act, 2025 needs to be done using the old TRACES portal; Here’s how to do itTaxpayers must correct TDS challans for Tax Year 2026-27 on the old TRACES portal. This is crucial if the challan was mistakenly filed unde...
ITR filing due dates for AY 2026-27: July 31 is not the deadline for every taxpayer; check 5 other tax filing due datesThe Income Tax Department has set July 31, 2026, as the deadline for most individual taxpayers, including the salaried class, to file their...
In 1961, a Yale psychologist had ordinary people deliver 450-volt shocks to strangers: 65% obeyed, rewriting how we understand authorityIn a groundbreaking study conducted at Yale University in 1961, Stanley Milgram examined the phenomenon of obedience to authority. Particip...