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INDIA BLACK MONEY
JioBlackRock Mutual Fund to launch balanced advantage fund in September. Check dates and key details- Man receives $3.14 lakh from redemption of Bermuda-focused fund; Income Tax Dept considers it black money, imposes Rs 1.8 crore penalty and tax, but he wins case in ITAT Delhi
- Rs 2.25-crore notice under Black Money Act to Delhi couple over Singapore, British Virgin Islands assets: ITAT Delhi gave full relief to taxpayer, know why
- Horoscope Tomorrow, August 29, 2026: Career Breakthroughs, Money Gains and Love Surprises Could Change the Day for These Zodiac SignsHoroscope Tomorrow, 29th August 2026 brings strong career momentum, networking opportunities, financial planning and meaningful relationshi...28 Aug, 2026, 10.52 AM IST
- Piramal Finance’s Rs 2,100-crore QIP sees 10x demand as BlackRock, Goldman lead institutional interestPiramal Finance’s first QIP since listing attracted bids worth around Rs 21,000 crore, nearly 10 times the Rs 2,100 crore on offer, amid st...27 Aug, 2026, 12.01 PM IST
- Rupee slide, valuation rules put foreign asset disclosure scheme out of reach for manyThe rupee's depreciation and strict valuation rules hinder foreign income disclosure. A one-time voluntary disclosure window allows regular...26 Aug, 2026, 11.52 PM IST
- NRI can’t sell Indian property before October 1, 2026 if buyer does not have TAN; Know how to apply for TAN onlineThe TDS rulesfor NRIs say that there isno thresholdlimit for TDS deduction, whereas resident Indians get a threshold limit of Rs 50 lakh be...26 Aug, 2026, 11.22 AM IST
- Is severance pay received under a VRS taxable for all employees? Know what the Income Tax law saysSeverance pay received under a voluntary retirement scheme is not always taxable for all employees; Know why and what the tax law says26 Aug, 2026, 10.56 AM IST
- Have undisclosed foreign assets or income? Know the extra tax cost if you miss FAST Scheme 2026's December 31 deadlineIndia's FAST Scheme 2026 provides a unique opportunity for taxpayers to declare foreign assets. This voluntary disclosure window closes on ...25 Aug, 2026, 03.32 PM IST
- Selling inherited property? Know who is liable to pay income tax on capital gains and how heirs can claim tax reliefSelling inherited property? Know who among the brothers and sisters are liable to pay capital gains tax on it and how to claim tax relief.24 Aug, 2026, 05.00 PM IST
- Karol Bagh man had foreign bank accounts, FD in Singapore, no ITR disclosure; income tax dept sent black money notice, but ITAT Delhi cancelled the notice for this reasonBlack money notice sent to man with Singapore FD and current bank a/c in his name and no ITR declaration; Know how he won case in ITAT Delh...24 Aug, 2026, 04.14 PM IST
- Missed reporting of overseas bank accounts, ESOPs, and foreign assets in Schedule FA of ITR? FAST-DS offers a chance to come cleanThere is an important caveat: the Black Money Act provides relief from Schedule FA penalty for certain foreign assets, other than immovable...24 Aug, 2026, 11.22 AM IST
- A feast of flair: At the ET World Leaders Forum dinner, big names made elegant style statementsThe ET World Leaders Forum featured a diverse buffet alongside discussions. Leaders enjoyed dishes like Phyllo Money Bags and Vegetable Pit...24 Aug, 2026, 01.20 AM IST
- Manipur honours Mirabai Chanu, Glasgow Commonwealth Games medallistsManipur Chief Minister Yumnam Khemchand Singh honored Commonwealth Games athletes. He also distributed appointment letters to National Game...22 Aug, 2026, 05.46 PM IST
- Foreign Asset Disclosure Scheme 2026: From budget proposal to rollout - what residents and NRIs need to knowThe Foreign Assets of Small Taxpayers Disclosure Scheme, 2026 has moved from Budget proposal to implementation. This article explains its t...19 Aug, 2026, 10.44 AM IST
- SC notice to Centre, states on plea to confiscate property of offenders in paper leak casesThe Supreme Court is seeking government responses on confiscating offender property in exam paper leak cases. A Public Interest Litigation ...18 Aug, 2026, 12.49 PM IST
- NRI bought life insurance policy in Dubai from a foreign insurer, got maturity proceeds after returning to India, his claim for tax exemption was denied; he won the case in ITAT for this reasonAn Indian resident successfully challenged the tax department's claim of undisclosed foreign income on maturity proceeds from a Dubai life ...18 Aug, 2026, 07.00 AM IST
- Election black money cases must be probed faster, says Supreme CourtThe Supreme Court mandated swift conclusion of criminal cases involving election-related black money. Authorities must report cash seizures...17 Aug, 2026, 10.57 PM IST
- Praggnanandhaa draws with Aronian; remains joint 2nd with 3.5 ptsIndian Grandmaster R Praggnanandhaa secured another draw against Levon Aronian in the Sinquefield Cup. He remains in joint second place wit...17 Aug, 2026, 03.15 PM IST
- Man did not disclose UAE bank account and foreign shares in ITR, I-T dept imposed Rs 1.86 lakh penalty; He escalates the case but ITAT Delhi offers no reliefDubai connection: Man claimed friend sent money to Dubai Emirates NBD bank a/c to start business but didn't disclose foreign assets in Sche...12 Aug, 2026, 11.03 AM IST
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