Can you sell household items worth more than Rs 2 lakh in cash? Check the tax rulesA woman successfully challenged the Income Tax Department's addition of Rs 10.80 lakh as unexplained cash. The ITAT Chennai ruled in her fa...
12 Jun, 2026, 10.44 AM IST
Reliance Foundation secures major win as ITAT overturns cancellation of charity registrationReliance Foundation has won a legal battle against the Income Tax authorities regarding the 'charitable' status of its Mumbai hospital. A t...
11 Jun, 2026, 12.46 AM IST
Govt extends anti-dumping duty on aluminium foil imported from China & 3 other nations till DecemberIndia has extended anti-dumping duties on aluminium foil imports. The measure will remain in effect until December 15, 2026. This decision ...
10 Jun, 2026, 07.59 PM IST
Why tomorrow’s finance leaders must think beyond spreadsheetsFinance leadership is shifting from historical accuracy to navigating future uncertainty, with AI becoming crucial for decision-making. Org...
10 Jun, 2026, 12.53 PM IST
Modi, Japan PM Sanae Takaichi may hold talks in Guwahati: HimantaGuwahati may host summit-level talks between Prime Minister Narendra Modi and Japanese Prime Minister Sanae Takaichi. Assam is seeking Japa...
09 Jun, 2026, 09.39 PM IST
AI world vastly different from IT Act era, believe new law is needed: Union minister VaishnawIndia's IT Minister Ashwini Vaishnaw believes a new law is needed for Artificial Intelligence. The current IT Act, enacted in 2000, predate...
09 Jun, 2026, 08.25 PM IST
From selling vegetables in Mumbai to studying 18 hours a day: An inspiring journey from struggles to owning a ₹1 crore home at 21Abhishek Vaishya's inspiring journey began at a Mumbai vegetable cart. He overcame humble beginnings in a small chawl to become a chartered...
08 Jun, 2026, 08.02 PM IST
Man sold unlisted shares, bought Rs 5.65 cr house, faced income tax scrutiny; he fought back and won in ITAT Delhi despite low income declarationMr. Bansal successfully appealed a tax demand after claiming Section 54F exemption on Rs 7.59 crore long-term capital gains from unlisted s...
08 Jun, 2026, 09.52 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
Bengal to probe vandalism during 2019 anti-CAA protestsThe West Bengal government will investigate violence that occurred during the 2019 anti-Citizenship Amendment Act protests. Chief Minister ...
06 Jun, 2026, 09.21 PM IST
Supreme Court upholds higher mining royalty after law changeThe Supreme Court ruled that state governments can charge higher royalties from mining companies if laws change after a tender agreement. I...
05 Jun, 2026, 12.09 AM IST
Curbs on ads by accounting firms lifted: ICAIThe Institute of Chartered Accountants of India has updated its ethics code. This allows chartered accountants and their firms to advertise...
03 Jun, 2026, 01.05 AM IST
From Rs 2 lakh to Rs 57 lakh: KPMG employee shares how his salary jumped 26 times in 10 yearsAnirudh Rapole, a chartered accountant, shared his decade-long salary journey at KPMG. Starting with less than ₹2 lakh annually during his ...
02 Jun, 2026, 03.39 PM IST
Worked in the US, UK or Canada? Form 40 can help Indians defer income tax liability on foreign pension accountsIndian residents with foreign pension accounts like 401(k) from working in the US, UK, or Canada can now defer India tax liability. By fili...
02 Jun, 2026, 07.11 AM IST
Rules in the works to enable G-Sec, repo deals by insurersInsurers will soon be able to undertake repo and government securities lending transactions. The insurance regulator is developing an opera...
02 Jun, 2026, 06.05 AM IST
At 52, ex-teacher realises her lifelong goal, gifts a CA degree to her father on his 75th birthdayDefying age, Anita Kapdi achieved her dream of becoming a Chartered Accountant at 52. A former teacher, she pursued her passion for account...
01 Jun, 2026, 04.24 PM IST
ICAI to set up advanced forensic lab for small, medium practitionersThe Institute of Chartered Accountants of India (ICAI) is establishing an advanced forensic auditing lab in Hyderabad on a 'pay and use' mo...
25 May, 2026, 01.13 AM IST