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NO TAXES ON TIPS IN TRUMP TAX BILL
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...
Three ways Trump could get a stake in AI firms for the USPresident Donald Trump is actively investigating how to ensure that the American public can benefit from the lucrative advancements within ...
Income Tax AY 2026-27: Even if your salary income is below Rs 12.75 lakh, you still need to pay tax for these incomesIncome Tax AY 2026-27: Salaried individuals earning up to Rs 12.75 lakh annually may enjoy zero tax liability due to enhanced Section 87A r...
Kolkata woman made Rs 26 crore profit in stocks and paid zero tax: Here's how she did it legallyA Kolkata businesswoman, Saroj Goenka, legally saved ₹26 crore in taxes by reinvesting long-term capital gains from share sales into constr...
ITR filing AY 2026-27: 8 costly mistakes taxpayers should avoid this tax return filing seasonThe I-T Department’s growing scrutiny, using AI and data analytics tools, leaves little room for omissions and errors, making accurate tax ...
Britain's King Charles to reveal personal tax bill: PalaceCharles began releasing his personal tax information when he was heir to the throne, but will become the first monarch to disclose it. "The...
World's highest-consuming 10 pc causing environmental damage of up to USD 5.7 trn annually: StudyThe world's top consumers, mainly in the US and EU, cause trillions in environmental damage annually. Biodiversity loss and climate change ...
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...
Bernie Sanders pushes 50%t public stake in AI giants, $1,000 dividend payout to every AmericanSenator Bernie Sanders has introduced legislation proposing a 50% public ownership stake in major US AI companies through a one-time stock ...
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...
Tax-free income in India: 8 types of income you don’t need to pay any tax onTax-free income: Unlock tax savings with these eight income sources exempt from income tax in India. From agricultural earnings and provide...
Income Tax department labels her stock market trader, denies investor status; she fights and wins Rs 54 crore capital loss claim at ITATDolly Khanna successfully challenged the tax department's classification of her Rs 54 crore short-term capital loss as a business loss. The...
ITR filing due dates for AY 2026-27: July 31 is not the deadline for every taxpayer; check 5 other tax filing due datesThe Income Tax Department has set July 31, 2026, as the deadline for most individual taxpayers, including the salaried class, to file their...
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...
Income tax scrutiny: Who could receive a tax notice by June 30 and what to do if you've made a mistake
ITR filing 2026: Avoid these 5 mistakes that may trigger extra tax and interest for salaried employees
Income tax alert: These taxpayers could receive scrutiny notices by June 30, 2026 under Section 143(2)The CBDT has set June 30, 2026, as the deadline for issuing scrutiny notices under Section 143(2) for FY 2025-26 returns. An internal deadl...
Trump threatens 100% tariff on French wine over digital tax, says will have 'no choice'US President Donald Trump has issued a stern warning to France. He threatens to impose 100% tariffs on all French wines and champagne. This...
US Congress approves $70 billion for Trump immigration crackdownThe US Congress on Tuesday passed a $70 billion bill funding President Donald Trump's hardline immigration crackdown through the rest of hi...
US Customs’ $166 billion tariff refund plan faces court fight over who gets access to payoutsA government official testifies today in federal court. This concerns billions of dollars in import taxes. The Supreme Court ruled these ta...