Hong Kong-based son gets tax notice after father buys insurance policy in his name with cash; he fights back and wins case in ITAT MumbaiAn NRI in Hong Kong faced an income tax dispute after withdrawing cash from his NRE account to give to his father. The father used this mon...
09 Jun, 2026, 04.57 PM IST
Deposits under RBI's latest foreign currency non-resident bank scheme will carry one-year lock-inThe Reserve Bank of India's new FCNR-B scheme offers a one-year lock-in for deposits and mandates non-cancellable swaps for banks. This ini...
09 Jun, 2026, 09.21 AM IST
We still need cash in ATManirbhar BharatDespite the rise of digital payments, cash remains essential, yet ATMs are increasingly running out of money. Banks are reducing their ATM ...
08 Jun, 2026, 11.05 PM IST
Global Markets: UK financial regulator softens proposed change to UK money market fund rulesIn May the government said it would impose tougher rules on money market funds, which were hit by heavy redemptions during a COVID-19-ind...
08 Jun, 2026, 06.16 PM IST
Sensex down over 10K points from Dec peak. Should MF investors buy the dip, hold positions, or wait on sidelines?The BSE Sensex has fallen over 10,000 points from its peak. Market experts suggest this presents a buying opportunity for long-term investo...
08 Jun, 2026, 12.50 PM IST
Rachna Gurjar house theft: Nearly Rs 2 lakh cash, gold rings, silver and cold drink stolen after YouTuber flaunted her jewellery onlineA well-planned midnight burglary targeted YouTuber Rachna Gurjar's home in Madhya Pradesh's Shivpuri. Unidentified burglars entered the hou...
08 Jun, 2026, 10.10 AM IST
ATMs in small hubs may run out of cash: Confederation of ATM IndustryATM operators are demanding ₹100 crore compensation from banks. State Bank of India is accused of sending most cash to big cities. This lea...
08 Jun, 2026, 12.48 AM IST
Paying tax won't legitimise cash stashesThe taxman is tightening its grip on undeclared cash, with a recent tribunal ruling allowing the benami wing of the Income Tax department t...
08 Jun, 2026, 12.28 AM IST
FIFA World Cup 2026 cash surge: Prize money soars nearly 50% from 2022The FIFA World Cup 2026 is set for a major expansion. Forty-eight teams will compete for a record prize pool of $655 million. The winning t...
07 Jun, 2026, 06.03 PM IST
314 grams gold, Rs 2 crore cash and dozens of plots: Odisha govt engineer, who started with Rs 6000 salary, owns a hidden empireA major vigilance raid on Saturday uncovered vast assets allegedly belonging to Baikuntha Nath Behera, an assistant executive engineer. The...
07 Jun, 2026, 11.13 AM IST
'Cash flow is not optional': CA shares real estate lessons that can change how you think about moneyFinancial educator Nitin Kaushik emphasizes that real estate investing's core lessons lie in cash flow, discipline, and risk management, no...
07 Jun, 2026, 07.18 AM IST
Bitcoin's star fades, as investors flock to lustre of AI and megacap IPOsBitcoin is experiencing its worst year-to-date performance in over a decade, with a 15% price drop this week. Capital is shifting towards b...
06 Jun, 2026, 11.01 AM IST
Bhutan to give cash incentives to families for more babiesBhutan is facing a population decline and is introducing financial incentives for families. Starting June 4, 2026, parents will receive mon...
05 Jun, 2026, 03.18 PM IST
IIM alumnus travels to Pune to hand over first salary in cash to parents, their reaction melts internetAn IIM graduate surprised his parents in Pune by presenting his first salary in cash. Ashwajeet Kamble recreated a cherished memory of his ...
04 Jun, 2026, 07.00 PM IST
Termite-damaged cash worth over Rs 1 lakh found in Kolkata college union room; probe under wayAt Kolkata's Surendranath College, during a cleaning drive, workers found two suitcases filled with currency notes. The money, estimated to...
03 Jun, 2026, 09.28 AM IST
Lady sold apartment, took Rs 2.5 lakh cash, bought new apartment from son-in-law, paid no tax, got income tax notice; she fights back and wins case in ITAT ChennaiA Chennai woman successfully appealed a tax notice after selling her apartment for Rs 35.5 lakh, including Rs 2.5 lakh in cash, and buying ...
02 Jun, 2026, 07.11 AM IST
Sebi to relax InvIT cash flow distribution rulesSebi has proposed a relaxation in the net distributable cash flow calculation for road sector InvITs. The regulator will allow debt-funded ...
02 Jun, 2026, 06.08 AM IST