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CM Shivakumar announces one more Karnataka Bhavan in Delhi for civil servant aspirantsKarnataka's Cabinet has greenlit significant developments, including a new Karnataka Bhavan in Delhi for competitive exam aspirants, costin...
Free shares! NSE IPO DRHP reveals curious case of 5,000 shares landing in wrong demat accountAccording to the DRHP, NSE and Nuvama Wealth Finance filed a civil suit before the Delhi High Court against Kashmiri Lal Rana and NSDL in M...
Tenant wins tax relief on Rs 38.62 lakh sale of landlord’s property, received for surrendering tenancy rights; know why ITAT Mumbai ruled in his favourA Mumbai tenant received tax relief after selling a property he obtained for surrendering his tenancy rights. The Income Tax Appellate Trib...
Earth’s North Pole has moved 1,400 miles. What happens next has experts paying attentionEarth’s magnetic north pole has been quietly on the move for decades, traveling thousands of miles from its original position in Canada tow...
Burmese proverb of the day: ‘The tongue may be silent, but the teeth know what they’ve eaten’ - meaning, significance and a lesson on honesty and accountabilityA traditional Burmese saying reveals that silence cannot hide actions. The proverb 'The tongue may be silent, but the teeth know what they’...
Retired employee claims tax exemption on Rs 19 lakh leave encashment; I-T dept issues notice and caps it at Rs 3 lakh; ITAT Chennai grants him full reliefWhen Mr Balasubramanian Venkatachalaperumal from Jagadamal Street retired from ONGC in FY 2019-20, he got Rs 19.05 lakh as leave encashment...
Doctor arrested for bludgeoning, stabbing domestic help to death in south Delhi's Mount KailashA 45-year-old woman was found dead on a terrace in South Delhi. Police arrested a doctor, Manish Gupta, who allegedly killed her with a bat...
NSE flags regulatory, tech, AI, derivatives concentration risks in IPO papersThe National Stock Exchange raises a red flag regarding substantial financial and operational threats. Emerging regulatory frameworks, tech...
Claude down worldwide? Check the reason behind the latest outage affecting users across the globeClaude AI users worldwide are experiencing a second major service disruption this month, with many reporting failed requests and login issu...
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...
TDS Challan correction for Income Tax Act, 2025 needs to be done using the old TRACES portal; Here’s how to do itTaxpayers must correct TDS challans for Tax Year 2026-27 on the old TRACES portal. This is crucial if the challan was mistakenly filed unde...
AI startup Pramaana Labs raises $27 million in seed funding led by Khosla VenturesPramaana Labs, an AI startup, has secured $27 million in seed funding. The company develops technology to ensure AI answers are mathematica...
Odisha school textbooks found with 1,678 spelling, factual and contextual errors: Newton called a pilot, Hampi shown as Konark, equinox as equatorNew Odia textbooks for Classes I to VIII contain over 1,600 errors. These mistakes range from spelling and factual inaccuracies to geograph...
Income tax scrutiny: Who could receive a tax notice by June 30 and what to do if you've made a mistake
Investing abroad? These 7 costly mistakes could trigger an income tax noticeWealthy Indians are investing more abroad. However, they must understand the rules to avoid trouble. Mistakes like misusing investment rout...
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...
What crypto investors need to know for tax season 2026India's tax season now demands greater scrutiny for crypto investors as enforcement intensifies. New reporting requirements, including tran...
Salaried employees beware! These 5 mistakes during ITR filing can trigger unexpected tax demandsWith the ITR filing season for AY 2026-27 now underway, many salaried taxpayers who faced TDS shocks in the last quarter of FY 2025-26 are ...
ITR filing 2026: 9 key checks every taxpayer must make for AY 2026–27India's income tax administration has become increasingly data-driven, with information from TDS/TCS reporting, SFT filings and other sourc...
IRS tax refund news June 2026: Which taxpayers qualify for delayed refunds and when could payments arrive?More than $3,400 is the projected average IRS tax refund for many eligible filers this year, making tax refund updates one of the most sear...