7 big income tax changes for 2026-27 that may reduce penalties for small mistakesNew income tax rules aim to reduce penalties for ordinary citizens. Minor foreign asset non-disclosures will not face prosecution from Octo...
20 Jul, 2026, 11.57 AM IST
ITR filing: How Bitcoin, NFTs, airdrops, gifted crypto, and overseas wallets are taxed in India and how to report themIndia's virtual digital asset taxation remains among the world's toughest. Investors face a flat thirty percent tax on gains and one percen...
20 Jul, 2026, 11.50 AM IST
Wheat fluctuates as traders weigh Black Sea risks, US exportsWheat prices fluctuated after reaching a two-year high on Black Sea supply risks. Traders weighed these concerns against weak United States...
18 Jul, 2026, 10.10 AM IST
EPFO launches VISHWAS 2026 to settle employer penalty disputesThe EPFO has launched VISHWAS 2026, a six-month, one-time dispute resolution scheme to help employers settle pending damages and penalty ca...
18 Jul, 2026, 12.29 AM IST
Bengaluru Metro rail fines: From playing music to sitting on coach floors, you may have to pay Rs 2,500 for these violations in Namma MetroNamma Metro commuters can now be fined up to Rs 2,500 for playing music or videos on speaker, watching content without earphones, and other...
18 Jul, 2026, 12.20 AM IST
EPFO launches Vishwas 2026; scheme to be operational for six monthsUnder VISHWAS, 2026, damages or penalty for defaults pertaining to the period prior to June 14 2024 shall be recalculated at substantially ...
17 Jul, 2026, 05.48 PM IST
EPFO launches six-month 'VISHWAS 2026' scheme to settle employer penalty disputes, promote complianceThe Employees' Provident Fund Organisation (EPFO) has launched 'VISHWAS, 2026', a one-time dispute resolution scheme aimed at encouraging e...
17 Jul, 2026, 04.07 PM IST
20 NDA-ruled states adopt Jan Vishwas reforms to decriminalise minor offencesIn a decisive shift since 2024, twenty NDA-led states have implemented the Jan Vishwas reforms, which aim to decriminalize trivial offenses...
17 Jul, 2026, 12.27 AM IST
Bitcoin (BTC USD) and Ether (ETH USD) ETFs stage massive comeback with $239 million inflows as Japan's crypto ETF push fuels optimism - here's what investors need to knowBitcoin and Ether ETF inflows today: Bitcoin and Ether exchange-traded funds experienced a strong recovery this week. Bitcoin ETFs attracte...
16 Jul, 2026, 05.11 PM IST
JioBlackRock Mutual Fund files draft papers with Sebi for 2 new schemesJioBlackRock Mutual Fund has filed draft documents with Sebi to launch two new schemes: the JioBlackRock Corporate Bond Fund and the JioBla...
16 Jul, 2026, 12.16 PM IST
ITR 2026: Common income tax return filing mistakes that cost employees lakhsA careful, timely, and well-documented filing approach can help employees avoid notices, interest, penalties, and refund delays while ensur...
16 Jul, 2026, 12.12 PM IST
Foreign assets in AIS: CBDT sets the stage for Foreign Assets of Small Taxpayers Disclosure SchemeThe CBDT’s decision to upload foreign financial information into taxpayers’ annual information statements may be more than an administrativ...
16 Jul, 2026, 11.41 AM IST
CCI finds laptop maker HP rigged bids, levies Rs 14.28 crore penaltyThe Competition Commission of India imposed a Rs 14.28 crore penalty on HP India and its resellers. This action followed findings of cartel...
14 Jul, 2026, 01.45 PM IST
ITR 2026: Increased disclosure requirements for overseas investments and foreign assets—are Indian taxpayers ready?Indian taxpayers face new disclosure rules for foreign assets and investments. Global information exchange frameworks necessitate accurate ...
14 Jul, 2026, 10.59 AM IST
CCI slaps over Rs 140-cr penalties on HP India, resellers for breach of antitrust rulesThe Competition Commission of India imposed significant penalties on HP India and its resellers. These fines total Rs 142.37 crore for alle...
13 Jul, 2026, 10.21 PM IST
Income tax penalties explained: Under-reporting, not furnishing ITR, and more -Defaults and penalties under different sectionsIf you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 1...
13 Jul, 2026, 12.41 PM IST
ITR filing 2026: NRIs need to file Schedule FA in ITR to declare foreign asset for AY 2026-2027 in this caseResident and ordinarily resident individuals must report foreign assets. This disclosure is required in Schedule FA of the income tax retur...
09 Jul, 2026, 11.06 AM IST