ITR filing 2026: How freelancers and F&O traders should declare their incomeEarning income from futures and options trading or other side hustles? Cumbersome compliance, reconciliation and disclosures mean taxpayers...
17 Aug, 2026, 12.52 PM IST
Blood donation camps don’t qualify for GST exemption, Gujarat AAR rulesGujarat's AAR ruled blood donation camps are not charitable for GST exemption. Yoga camps, however, were deemed charitable activities and e...
15 Aug, 2026, 01.28 PM IST
MSMED Bill promises faster payments, but TReDS hurdles and GST ambiguity may leave smaller firms behindThe Micro, Small and Medium Enterprises Development (Amendment) Bill was passed by Parliament last week, nearly two decades after the MSMED...
15 Aug, 2026, 12.16 PM IST
India’s ride-hailing industry weighs zero commission as drivers eye Rs 1.36 lakh moreNew research suggests ride-hailing drivers could earn significantly more annually. This shift is driven by open digital networks and zero-c...
14 Aug, 2026, 09.30 PM IST
BJP opposes Karnataka’s ban on gutkha, says it would hurt areca growersKarnataka's one-year ban on gutkha has met with opposition from the BJP, who warn that the decision could adversely affect nearly 1.5 crore...
14 Aug, 2026, 08.01 PM IST
- The Sultanate’s Surcharge: MMDR Amendment shifts wealth from states to miners
Parliament passed the Mines and Minerals Amendment Bill 2026 on Thursday. This legislation aims to standardize mineral taxation across Indi...
14 Aug, 2026, 12.39 AM IST
Serious allegations in report on Messi event; government will investigate it: Kerala CM V D SatheesanAddressing a press conference after chairing a cabinet meeting, the CM said that the report was being seriously examined by the government.
13 Aug, 2026, 06.20 PM IST
AI in this decade is what digitsation was in the last: RBI governorBanks must understand artificial intelligence deployment for future success. AI can enhance financial inclusion and improve existing public...
12 Aug, 2026, 07.43 PM IST
Government approves introduction of one billion polymer banknotes of Rs 10 and 20The government has approved polymer banknotes for field trials and regular issuance. Inflation has declined steadily, though recent pressur...
11 Aug, 2026, 02.29 PM IST
Parlimentary panel asks revenue dept to conduct 'ground reality' check on physical check-postsIn a recent development, a parliamentary committee has pressed the revenue department to assess the impact of unauthorized check-posts that...
10 Aug, 2026, 04.35 PM IST
Swiggy agrees to refund unauthorised campaign fees; Bengaluru hotels to wait till September 1The discussions, led by Swiggy CEO (food marketplace, dineout & crew) Rohit Kapoor, chief business officer (food marketplace) Sidharth Bhak...
07 Aug, 2026, 07.52 PM IST
Indian economy to hit USD 5-trillion mark in FY29 as per IMF: FMIndia's economic landscape is on a promising trajectory, aiming to exceed five trillion dollars by the fiscal year twenty twenty-nine. To a...
04 Aug, 2026, 04.51 PM IST
Over 5.9 crore income tax returns filed by July 31 for AY27 as deadline closesMore than 5.9 crore income tax returns were filed by the July 31 deadline. This figure represents filings for assessment year 2026-27 by in...
01 Aug, 2026, 12.50 PM IST
No input tax credit for the innocent buyer after paying GST? Supreme Court settles who bears the cost when a supplier defaultsThe Supreme Court affirmed Gujarat High Court's decision on CGST Act Section 16(2)(c). This ruling validates the provision requiring tax pa...
31 Jul, 2026, 03.30 PM IST
CBIC readies rules to facilitate filing of multi-state GST appealsThe Central Board of Indirect Taxes and Customs is preparing a new framework that will streamline departmental appeals involving multiple s...
31 Jul, 2026, 01.05 AM IST
GST notice uploaded only on portal isn't valid service, high courts rule: What it means for taxpayersHigh Courts are questioning GST notice validity when only uploaded online. Punjab and Haryana High Court ruled portal uploads are not valid...
27 Jul, 2026, 02.46 PM IST
Opting for presumptive taxation while filing ITR? You may have to face tax audit; here’s what you must knowPresumptive taxation simplifies income computation for eligible taxpayers. However, a tax audit may be required if actual income falls belo...
24 Jul, 2026, 12.25 PM IST