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IRS TAX PROCESSING SHUTDOWN
India's net direct tax collections rise 14.6% to Rs 5.21 lakh crore till June 17- Doctor arrested for bludgeoning, stabbing domestic help to death in south Delhi's Mount Kailash
- Income Tax department labels her stock market trader, denies investor status; she fights and wins Rs 54 crore capital loss claim at ITAT
- 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...18 Jun, 2026, 11.58 AM IST
- JLR projects revenue growth and return to profit in FY27, doubles down on USJaguar Land Rover anticipates a strong comeback in financial year 2027. The company projects a 13% revenue increase and a return to profita...18 Jun, 2026, 12.39 AM IST
- 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...17 Jun, 2026, 09.30 PM IST
- Ukrainian attacks push Russian oil output 10% below target in May, IEA saysRecent Ukrainian assaults on Russian oil installations are severely curtailing production levels. Last month saw a notable decline in crude...17 Jun, 2026, 03.45 PM IST
- New tax regime: 7 ways for salaried employees to reduce their tax liability while filing ITR for FY 2025-26Salaried individuals can still reduce their tax liability under the new tax regime for FY 2025-26. Key deductions include employer contribu...17 Jun, 2026, 12.23 PM IST
- Moscow oil refinery damaged in Ukrainian drone attack: Moscow Mayor Sergei SobyaninA Ukrainian drone struck a Gazpromneft oil refinery near Moscow. The facility sustained damage. No casualties were reported. Emergency serv...16 Jun, 2026, 12.18 PM IST
- Crop prices drop as Hormuz reopening to ease farm-input shockThe development, stemming from an interim US-Iran agreement, could alleviate food inflation fears fueled by the Middle East conflict.16 Jun, 2026, 10.37 AM IST
- IIT Madras develops indigenous pilot plant to process 100 tonnes of eWaste per yearIIT Madras researchers have created a pilot plant in Tiruchirapalli. This facility can process 100 tonnes of electronic waste annually. It ...14 Jun, 2026, 12.46 PM IST
- 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 ...12 Jun, 2026, 07.11 AM IST
- Indian-American arrested in California for allegedly defrauding bank of $100 millionAn Indian-American man, Mahender Makhijani, was arrested in California for allegedly defrauding a bank of nearly $100 million. He is accuse...11 Jun, 2026, 10.22 AM IST
- 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...11 Jun, 2026, 07.43 AM IST
- Reliance Industries-led consortium wins bid for 101-acre Mumbai slum redevelopment projectA Reliance-led consortium has secured the bid for the massive Juhu Galli slum redevelopment in Mumbai. This project will build over 28,000 ...10 Jun, 2026, 08.52 PM IST
- Google Cloud outage in India after third-party data centre fire triggers shutdownThe cloud-computing unit said the fire led to an emergency power shutdown at the facility, isolating a local point of presence in Delhi a...10 Jun, 2026, 07.39 AM IST
- US House passes $70 billion bill to fund ICE, Border PatrolCongress has approved a 70 billion dollar funding bill for Immigration and Customs Enforcement and Border Patrol. The House passed the meas...10 Jun, 2026, 06.29 AM IST
- Rafale fires MICA NG missile: All about the next-generation weapon built to target stealth aircraft, drones and cruise missilesFrance successfully test-fired its new MICA NG air-to-air missile from a Rafale jet, marking its first supersonic flight. This advanced mis...05 Jun, 2026, 11.34 PM IST
- 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...04 Jun, 2026, 04.52 AM IST
- Trump administration drops $1.8 billion 'weaponization' fund after Republican backlashThe Trump administration has dropped its $1.8 billion fund meant to compensate victims of government abuse. This decision followed strong o...03 Jun, 2026, 06.12 AM IST
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