Presumptive taxation for professionals: The 50% rule remains-but what changes for deductions and losses under the new tax Act?The 50% presumptive taxation rule for professionals largely continues under the new Income-tax Act. However, Section 58(4) introduces a wid...
12 Aug, 2026, 11.08 AM IST
Senco Gold shares fall over 8% after Q1 results. What squeezed profitability?Senco Gold shares fell 8.16% after the company reported mixed Q1 FY27 results. While consolidated revenue surged 67% YoY to Rs 3,056 crore,...
12 Aug, 2026, 10.36 AM IST
How should my NRI children disclose gifts received from relatives in ITR-2?ET Wealth Reader's Query: My two NRI children are unable to find a field in ITR-2 to disclose gifts received from relatives. The Income Tax...
11 Aug, 2026, 12.27 PM IST
Quote of the day by Denzel Washington: "Without commitment, you'll never start. But more importantly, without consistency..." American actor's powerful reminder that commitment gets you moving, but consistency is what turns goals, dreams and hard work into lasting successQuote of the day by Denzel Washington, “Without commitment, you'll never start. But more importantly, without consistency, you'll never fin...
09 Aug, 2026, 12.54 AM IST
'Who introduced them?': US senator Katie Britt reacts to ex Canadian PM Justin Trudeau and Katy Perry romance: “He used to be in charge of a whole country”Justin Trudeau and Katy Perry’s high-profile romance has sparked fresh attention after Alabama Senator Katie Britt questioned how the unlik...
08 Aug, 2026, 09.47 PM IST
Todd Blanche narrowly confirmed as Trump's attorney general in overnight voteUS Senate confirmed Todd Blanche as Attorney General early Saturday morning. This confirmation followed a contentious confirmation fight in...
08 Aug, 2026, 08.52 PM IST
American proverb of the day: "The cemeteries are filled with people who thought the world..."— A powerful reminder that nobody is indispensable and why humility, purpose and living a meaningful life matterThe American proverb of the day, “The cemeteries are filled with people who thought the world couldn’t get along without them,” offers a po...
08 Aug, 2026, 08.16 PM IST
Louisiana Vibrio vulnificus outbreak: 5 deaths reported as deadly bacteria cases rise, prompting new warnings for beachgoers. Check symptoms, when to seek medical care, and how should you protect yourselfThe Louisiana Vibrio vulnificus outbreak has resulted in nine reported cases and five deaths so far in 2026, according to state health offi...
08 Aug, 2026, 06.48 PM IST
IRS tax credit could mean up to $8,231 for eligible workers: Who qualifies for the Earned Income Tax Credit, how much you could receive and what you should check before filingThe IRS Earned Income Tax Credit (EITC) can provide significant tax relief to eligible low- and moderate-income workers. For tax year 2025,...
08 Aug, 2026, 06.24 PM IST
Donald Trump's attorney general pick clears key hurdle as GOP senator backs BlancheSenator Bill Cassidy will support Todd Blanche's nomination for attorney general. This decision likely ensures Blanche's confirmation to le...
07 Aug, 2026, 08.51 PM IST
GRSE bags Rs 1,032 crore contract from ONGC to build four offshore support vesselsGarden Reach Shipbuilders secured a significant Rs 1,032 crore contract from ONGC. This agreement involves the construction of four advance...
03 Aug, 2026, 02.35 PM IST
Indian Navy launches 5th Diving Support Craft 'DSC A24' in KolkataThe Indian Navy successfully launched its fifth Diving Support Craft, DSC A24, in Kolkata. This vessel represents a significant advancement...
02 Aug, 2026, 01.34 PM IST
Trump defends 'anti-weaponization' fund as Todd Blanche nomination stallsPresident Trump defends his proposed "anti-weaponization" fund amid Senate opposition. Republican Senators Cornyn and Tillis are blocking T...
31 Jul, 2026, 06.21 PM IST
Why are people wrapping their TV remote in aluminium foil? The truth behind the viral hackViral social media videos suggest wrapping TV remotes in aluminium foil. Most claims about boosting signals are misleading and untrue. A sm...
29 Jul, 2026, 11.29 PM IST
Don't let selling your house trigger a tax notice: Check these rules under Sections 54 and 54FMany taxpayers who purchase or construct a residential house to claim exemption under Sections 54 or 54F are unaware that selling the house...
28 Jul, 2026, 03.16 PM IST
Hold US stocks under LRS? Here’s why you may not be able to gift them to NRI childrenIndian residents cannot gift US shares purchased through the LRS route to their NRI children. The liberalised remittance scheme requires sa...
28 Jul, 2026, 02.49 PM IST
Indigenous 'Bhargavastra' counter-drone system to complete internal trials in 2-3 months, says SDAL Chairman Satyanarayan Nuwal"This entire system is complete in itself. We will complete its internal trials in 2-3 months. Officers from the Navy had come yesterday, a...
24 Jul, 2026, 05.46 PM IST