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FORMULA 1 TAX ISSUES
Taxman to track slipping sectors & top tax payersThe 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...- Vodafone Idea raises Rs 1,182 crore from promoter Aditya Birla GroupVodafone Idea secured Rs 1,182 crore from promoter Aditya Birla Group via warrants, a crucial step towards its Rs 1 lakh crore cash generat...
- Income Tax AY 2026-27: Even if your salary income is below Rs 12.75 lakh, you still need to pay tax for these incomesIncome Tax AY 2026-27: Salaried individuals earning up to Rs 12.75 lakh annually may enjoy zero tax liability due to enhanced Section 87A r...
- New policy formulated for evaluation of Private CBSE students in Gulf countries: Centre to Supreme CourtThe Supreme Court was informed by the Centre about a new CBSE policy for private students whose Class XII exams in Gulf countries were canc...
- ITR filing for FY 2025-26: Key changes in due dates, ITR forms, and F&O disclosure rules taxpayers must knowThe deadline for filing income tax returns for FY2025-26 has arrived, with new rules and forms in effect. Notably, ITR 3 and ITR 4 filings ...
- NSE IPO: Nithin Kamath explains why India has few businesses like this ‘cash generating machine’In a post on X, formerly Twitter, Kamath described NSE as a "cash generation and distribution machine", noting that the exchange earned mor...
- India eyes return of Formula 1 by 2030: FMSCI presidentIndia is aiming to host Formula 1 by 2030. The country also plans to bring MotoGP and a World Rally Championship round by 2028. The Federat...
- Quote of the day by Lewis Hamilton: ‘There are times when you are growing through experiences, but sometimes…’ – F1 legend on why constant growth needs changeFormula One legend Lewis Hamilton highlights that while experiences foster growth, there's a point of diminishing returns. He emphasizes th...
- India's net direct tax collections rise 14.6% to Rs 5.21 lakh crore till June 17India's direct tax collections have seen a significant jump. Net collections reached Rs 5.21 lakh crore by June 17, marking a 14.64% increa...
- Income Tax department labels her stock market trader, denies investor status; she fights and wins Rs 54 crore capital loss claim at ITATDolly Khanna successfully challenged the tax department's classification of her Rs 54 crore short-term capital loss as a business loss. The...
- Avience Biomedicals IPO: Check GMP, price band and other detailsThe grey market premium (GMP) for the issue stood at 36% ahead of the opening, implying an unofficial market price of around Rs 283 against...
- Riyaasat Lifestyle IPO opens for subscription today. Check GMP, price band and other detailsThe grey market premium (GMP) for the issue stood at zero ahead of the opening, indicating that unofficial market activity is pricing the s...
- Five reforms India needs before the next shockIndia faces economic vulnerabilities from external crises. Five reforms are proposed to build resilience. These include reducing gold and c...
- F1's interest in India return growing: CEO Stefano DomenicaliFormula 1 is focusing on India as a key market. The sport's chief executive sees potential for a return to India. Adani Group is actively w...
- Income tax alert: These taxpayers could receive scrutiny notices by June 30, 2026 under Section 143(2)The CBDT has set June 30, 2026, as the deadline for issuing scrutiny notices under Section 143(2) for FY 2025-26 returns. An internal deadl...
- Mind your language education policyThe recent introduction of CBSE's three-language policy has ignited a storm of criticism. Students in grades nine and ten are already overw...
- Lewis Hamilton takes his first win for Ferrari at 41Lewis Hamilton achieved a historic victory at the Spanish Grand Prix, marking his first win with Ferrari. At 41, he is now Formula One's ol...
- Emirates to screen every FIFA World Cup 2026 match on flightsEmirates will broadcast every FIFA World Cup 2026 match live onboard its flights via the Sport 24 channel. Coverage begins with the opening...
- Examination system in crisis: The urgent need to shift focus from cost to capabilityRecent examination fiascos highlight a critical need to reform India's testing system. Current procurement practices favor low costs over e...
- After her stellar show in Greece, Sports Minister Mansukh Mandaviya assures Atiqa Mir of support in F1 journeyYoung Indian racer Atiqa Mir met Sports Minister Mansukh Mandaviya. The 11-year-old achieved recent success in Greece. Mandaviya offered fu...
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