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IRS TAX REFUND INCREASE
America at 250: Why Trump's second term is reviving fears of an 'imperial presidency'As America marks its 250th anniversary, President Trump's actions have drawn comparisons to monarchy, with critics pointing to his use of p...
As GST turns 10, focus shifts to AI-led compliance, faster refunds, simpler tax processesIndia's Goods and Services Tax, now in its tenth year, is evolving towards greater efficiency. The government is leveraging AI, data sharin...
Trade disruptions, API dependence, compliance costs: Pharma MSMEs spell out policy priorities on World MSME DayIndian pharmaceutical MSMEs are facing immense pressure from rising costs, supply chain woes, and stringent regulations. Industry represent...
MSMEs and GST@9: Journey so far and next phase of reformsFor India Inc., including MSMEs, the focus appears to have shifted from stabilisation to optimisation, as confidence grows on account of di...
Homebuyer wins full refund with Rs 1.57 crore interest in MahaREAT as builder delays possession by 3 years, citing MHADA-MCGM disputeHomebuyers have won a significant victory as MahaREAT ruled a builder cannot use inter-authority disputes to justify possession delays exce...
NTA UG 2026 NEET refund: Check how to apply for refund, direct link, last date to submit details and moreNEET UG 2026 re-examination candidates can now update bank details for fee refunds until June 30 on the official NTA portal. This crucial s...
US inflation tops 4% for first time in three years, boosts Fed hike betsUS inflation surged past 4.0% in May, driven by Middle East conflict-fueled energy prices, marking the highest increase in three years. Thi...
Income tax dept identifies up to 20,000 cases of individuals who used the ‘swapped provisions’ trick to reduce net tax liability; Know what to do now to fix thisThe Income Tax Department has flagged 15,000-20,000 cases of individuals using a 'swapped provisions' trick to unfairly reduce their tax li...
On ESOP value over US$ 60,000 US estate tax up to 40% can be levied after death of even a non-US resident; Here’s how to manage its impact on legal heirsIndian professionals holding US ESOPs and RSUs face a significant risk of up to 40% US estate tax on assets exceeding $60,000 after their d...
GST wins India Inc's vote, but businesses seek faster refunds and smarter reforms: DeloitteIndia's GST regime has achieved widespread acceptance, with digitisation and rate adjustments hailed as major successes. Businesses now pri...
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...
RBI sweetens FCNR deposits: NRIs can now earn up to 7% on dollar savingsFor the first time in years, the math is actually working for non-resident Indians to invest dollar savings in India.
She became blind at the age of 5. However, that didn’t stop her from cracking UPSC. Who is Poorna Sundari?Poorna Sundari, who lost her vision at five, defied all odds to achieve an All India Rank of 286 in the 2019 UPSC Civil Services Examinatio...
FD rate up to 8.05% for senior citizens investing for five years; Know list of banksSenior citizens can now secure fixed deposit rates as high as 8.05% for a five-year term with select small finance banks. While these attra...
Has Form 168 replaced Form 26AS for FY 25-26? Here's what taxpayers need to know for ITR filingForm 168: The Income Tax Department has unveiled Form 168, a comprehensive upgrade to the Annual Information Statement, effectively superse...
Despite West Asia crisis, net direct tax mopup grows 15% to Rs 5.2 lakh croreIndia's direct tax collections have seen a significant rise of over 14 percent. This growth is driven by strong advance tax payments from c...
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...
Booked flat for Rs 24 lakh in 2010, paid Rs 40 lakh over time, still no possession in 2026; homebuyers awarded full refund and Rs 2.5 lakh compensation eachThe case dates back to 2010 when the two homebuyers had made bookings for 3BHK flats in a housing society project initially proposed in Noi...
Hi(gh) Gasoline! US retail sales in May rise on auto powerAmerican shoppers spent more in May than anticipated. This boost came from tax refunds and a stock market rise. However, this spending has ...
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...