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

The Income Tax Appellate Tribunal (ITAT) Delhi has ruled that even if a non-resident salaried individual has received any ‘per-diem’ paymen...

A bill to ban horse-drawn carriages in New York City has been renamed 'Romanch's Law' in honor of an Indian teenager who tragically died af...

Chicago Fed's Austan Goolsbee highlighted the central bank's primary challenge: discerning if inflation's current surge will persist or fad...

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...

A Kolkata businesswoman, Saroj Goenka, legally saved ₹26 crore in taxes by reinvesting long-term capital gains from share sales into constr...

For the first time in years, the math is actually working for non-resident Indians to invest dollar savings in India.

Charles began releasing his personal tax information when he was heir to the throne, but will become the first monarch to disclose it. "The...

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

Air India Express is poised to launch international flights from the new Navi Mumbai Airport to Abu Dhabi on July 15, marking a significant...

The World Bank has approved a $1.5 billion financing package for India, aimed at accelerating structural reforms and stimulating private se...

The world's top consumers, mainly in the US and EU, cause trillions in environmental damage annually. Biodiversity loss and climate change ...

American shoppers spent more in May than anticipated. This boost came from tax refunds and a stock market rise. However, this spending has ...

Salaried individuals can still reduce their tax liability under the new tax regime for FY 2025-26. Key deductions include employer contribu...

Fuel prices held steady on June 16, 2026, providing relief after recent hikes. Global oil prices saw a rebound due to supply concerns and g...

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 ...

A woman successfully challenged the Income Tax Department's addition of Rs 10.80 lakh as unexplained cash. The ITAT Chennai ruled in her fa...