ITR filing: Transferring investments to your spouse to save taxes is a common misconception. The Income Tax Department scrutinises fund sou...

Mumbai's Western Railway faced significant morning delays today, with suburban services running 10-15 minutes late. An overhead equipment s...

US inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve's interest rate hike plans on the table fo...

Veena T, daughter of former Kerala CM Pinarayi Vijayan, faced a second round of questioning by the Enforcement Directorate (ED) in Kochi re...

The Income Tax Department has flagged 15,000-20,000 cases of individuals using a 'swapped provisions' trick to unfairly reduce their tax li...

Ladakh observed a complete shutdown Tuesday as residents protested alleged broken promises by the Union home ministry. Hundreds gathered in...

The "Nature of Employment" field in the ITR is more than a routine disclosure. An incorrect selection can affect certain tax benefits, incl...

The communication, dated June 16, a copy of which was seen by ET, also mandated each zone to submit a report to the Directorate of Tax Rese...

State-run oil companies are poised for improved profitability as falling crude prices boost fuel marketing margins. While recent government...

The Enforcement Directorate has summoned Pinarayi Vijayan's daughter, Veena T, for a second round of questioning on June 29 regarding a mon...

Central Secretariat Service (CSS) officers are urging the Prime Minister's Office to expedite the finalisation of their fourth cadre review...

Multinational corporations in India face a new tax challenge following a High Court ruling against EY US. The court determined that payment...

When Mr Balasubramanian Venkatachalaperumal from Jagadamal Street retired from ONGC in FY 2019-20, he got Rs 19.05 lakh as leave encashment...

Arunachal Pradesh and Assam held a ministerial meeting in Itanagar. Discussions focused on excise administration and enhancing inter-state ...

Tamil Nadu's excise duty collections significantly lag behind Karnataka and Maharashtra, showing the lowest absolute collection and slowest...

India has increased the windfall tax on diesel and aviation fuel exports. The special additional excise duty on diesel exports will now be ...

India's government is giving consumers a break by waiving excise duty on petrol. This move is tied to the increased use of ethanol blended ...