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HP opposes centre's 'VB-G RAM G' scheme, says new norms will burden state with Rs 164 crore annually and reduce wagesHimachal Pradesh government vehemently opposes the Centre's renaming of MGNREGA to 'VB-G RAM G' and its new funding framework. Minister Ani...
India-US trade deal enters crucial phase as Section 301 and tariff deadline loom largeIndia and the US are in the final stages of trade deal negotiations, with a July 24 deadline looming. A key sticking point is Section 301 o...
RBI finalises digital banking fraud protection rules; introduces shadow reversal, extends relief to sole proprietorsVictims of digital payment fraud losing up to Rs 50,000 can now get up to Rs 25,000 compensation from banks, effective January 1, 2027. The...
Income tax dept identifies up to 20,000 cases of individuals who used the ‘swapped provisions’ trick to reduce net tax liability; Know what to do now to fix thisThe Income Tax Department has flagged 15,000-20,000 cases of individuals using a 'swapped provisions' trick to unfairly reduce their tax li...
Kerala HC invalidates oaths taken in names other than 'God' or solemn affirmationThe Kerala High Court has mandated that elected local representatives must take their oaths strictly as prescribed by law, invalidating oat...
Gujarat: AAP MLA Vasava, 8 others get 7 years in jail for assaulting forest officials, extortionAam Aadmi Party MLA Chaitar Vasava and eight others, including his wife, have been sentenced to seven years in prison by a Rajpipla court. ...
Studying in Germany? Here's when international students can skip statutory health insuranceInternational students in Germany can now apply for an exemption from mandatory statutory health insurance if they possess qualifying cover...
Red Tape ordered to pay Rs 8,000 compensation after charging customer Rs 10 for carry bagA consumer commission in Rohtak has ordered footwear brand Red Tape to refund Rs 10 for a carry bag and pay Rs 8,000 in compensation and co...
Filing ITR? Don’t ignore the ‘nature of employment’ field; it can affect NPS & retirement tax benefitsThe "Nature of Employment" field in the ITR is more than a routine disclosure. An incorrect selection can affect certain tax benefits, incl...
Have a US 401(k)? Indians must report withdrawals and maturity details in ITR schedules FSI and FAIndian taxpayers with US 401(k) accounts must now report withdrawals and maturity details in ITR schedules FSI and FA. Failure to disclose ...
Maharashtra govt tables Rs 97,706 cr supplementary demands; Rs 20,552 cr for farm loan waiverMaharashtra government tabled supplementary demands of over Rs 97,700 crore, with a significant Rs 20,552 crore earmarked for the farm loan...
Iran, US establish communication line to safeguard shipping through Hormuz, say mediatorsIran and the United States have established a direct communication line to "avoid incidents and miscommunication" in the Strait of Hormuz, ...
Hormuz closed again: Will the US-Iran MoU soon sink in the strait?Iran has closed the Strait of Hormuz, citing Israeli actions in Lebanon, a move that plunged a new US-Iran deal into crisis. The agreement ...
On a train without ticket or using someone else’s? These railway mistakes could soon cost you far more as Centre plans fine hike from July 1Train travel could soon come with stricter penalties as the Centre plans to double the minimum fine for ticketless travel from Rs 250 to Rs...
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...
Bank provisioning at 3-year low on better recoveries, asset qualityBanks' loan loss provisioning hit a 12-quarter low in March 2026, driven by private sector banks amid improving asset quality and recoverie...
TCS to take $70 million hit after US Supreme Court rejects appeal in trade secrets caseTata Consultancy Services will book a $70 million charge in the first quarter of FY27. This follows the US Supreme Court's decision not to ...