Salaried individuals can still reduce their tax liability under the new tax regime for FY 2025-26. Key deductions include employer contribu...

Tamil Nadu's excise duty collections significantly lag behind Karnataka and Maharashtra, showing the lowest absolute collection and slowest...

Former Fed governor Kevin Warsh, if elevated to Federal Reserve Chair, faces his first major test amid heightened market sensitivity to US ...

India's economy is experiencing a slowdown. High growth and low inflation mask underlying issues of weak demand and poor productivity. This...

Trump's investment accounts saw thousands of trades totaling hundreds of millions of dollars between January and March. This feverish activ...

Individuals earning below basic exemption limits (Rs 2.5 lakh old, Rs 4 lakh new regime) generally don't need to file ITR. However, mandato...

Sebi is set to overhaul buyback rules, potentially reintroducing stock exchange routes and easing merchant banker requirements. Mutual fund...

Taiwan has opened a new website for Chinese citizens to share intelligence. The platform encourages those who value democracy to report on ...

A Bengaluru IT employee's clever tax-saving plan is causing a stir online. He pays rent to his wife for a home she owns, aiming to reduce h...

President Donald Trump’s proposed Iran deal follows a phased approach under which the Strait of Hormuz would reopen first, while Iran would...

The New Delhi Municipal Council announced a 10 percent property tax rebate for the financial year 2026-27. Property owners can avail this c...

The Ministry of Information and Broadcasting has released draft rules to bring television, radio, DTH, HITS, and IPTV services under the Te...

A more balanced and predictable approach can help safeguard revenue, reduce disputes, enhance taxpayer confidence, and create a more effici...

A new Iran deal is taking shape. It focuses on reopening the Strait of Hormuz first. Iran will get economic benefits later as it meets US d...

India's income tax administration has become increasingly data-driven, with information from TDS/TCS reporting, SFT filings and other sourc...

India is launching ambitious science initiatives. However, current financial rules designed for conventional procurement hinder R&D. A new ...

Many taxpayers mistakenly believe the New Tax Regime offers no deductions. However, salaried employees and pensioners can claim a Rs 75,000...