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Taking a second loan for home loan repayment? Claim tax deduction on both under old tax regime for Tax Year 2026-2027- On This Day in History, June 26: UN Charter signed, Indira Gandhi declares Emergency, Harry Potter debuts, Corvette day, Sher Shah Suri wins against Mughals and more
- China pledges 'unwavering support' for Pakistan's Iran-US mediation efforts
- Indian Army contingent participates in Exercise Khaan Quest 2026 in MongoliaThe 23rd edition of the Multilateral Joint Military Exercise Khaan Quest 2026 is currently underway at the Five Hills Training Area, Ulaanb...25 Jun, 2026, 12.48 PM IST
- Mastercard Move: Who is strategising at Mastercard to eliminate pain points and make money move globally effortlessly?International payments have traditionally been slow, less transparent, and expensive. With growing expectations of better, seamless payment...24 Jun, 2026, 08.32 PM IST
- India-bound oil supertanker booked in Gulf at 897% of benchmark freight rateA supertanker has been provisionally booked to ship oil from the Persian Gulf to India at a staggering rate, nearly nine times the benchmar...24 Jun, 2026, 12.29 PM IST
- Rs 17.25 lakh income of an employee was added as taxable salary despite working in UK; ITAT Delhi gives him relief under India-UK DTAAThe Income Tax Appellate Tribunal (ITAT) Delhi has ruled that even if a non-resident salaried individual has received any ‘per-diem’ paymen...23 Jun, 2026, 11.08 AM IST
- Husband trades through wife’s demat account, incurs Rs 1.95 crore loss; tax dept sends notice over clubbing of income, ITAT Lucknow grants him reliefA husband's attempt to offset substantial stock market losses against his income was initially rejected by tax authorities. Despite trading...22 Jun, 2026, 03.43 PM IST
- Tenant wins tax relief on Rs 38.62 lakh sale of landlord’s property, received for surrendering tenancy rights; know why ITAT Mumbai ruled in his favourA Mumbai tenant received tax relief after selling a property he obtained for surrendering his tenancy rights. The Income Tax Appellate Trib...20 Jun, 2026, 07.11 AM IST
- Delhi HC rules EY US secondment fees taxable in India, MNCs face higher costs for foreign talentMultinational corporations in India face a new tax challenge following a High Court ruling against EY US. The court determined that payment...20 Jun, 2026, 01.02 AM IST
- Retired employee claims tax exemption on Rs 19 lakh leave encashment; I-T dept issues notice and caps it at Rs 3 lakh; ITAT Chennai grants him full reliefWhen Mr Balasubramanian Venkatachalaperumal from Jagadamal Street retired from ONGC in FY 2019-20, he got Rs 19.05 lakh as leave encashment...19 Jun, 2026, 10.27 AM IST
- 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...18 Jun, 2026, 12.30 PM IST
- Sena UBT writes to Speaker, warns rebel MPs to quit LS seats or face Sainik ireShiv Sena (UBT) has appealed to the Lok Sabha Speaker to reject any claims of a separate faction. The party faces defections of its Lok Sab...18 Jun, 2026, 12.20 AM IST
- 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...15 Jun, 2026, 03.57 PM IST
- ‘At 20, I survived on office buffet leftovers’: Bengaluru CA, an ex-Deloitte employee, shares a money lesson that stayed with her for lifeA Bengaluru Chartered Accountant shared how a meager Rs 15,000 monthly salary during her studies taught invaluable money lessons. Prioritiz...15 Jun, 2026, 09.34 AM IST
- Missouri plane crash reason: Why has Skydive Kansas City plane crashed near Butler Memorial Airport? Official reveals major detailsPlane crash in Missouri today: Private plane was operated by Skydive Kansas City, said Dennis Jacobs, the acting airport manager and Bates ...15 Jun, 2026, 02.00 AM IST
- On This Day in History, June 15: Magna Carta sealed, first blood transfusion experiment, Batman Begins released and other key eventsOn This Day in History, June 15 features landmark moments spanning law, science, war and culture. From the sealing of Magna Carta in 1215 a...15 Jun, 2026, 12.19 AM IST
- Violence grips Manipur again: 2 shot dead and houses burntFresh violence has erupted in Manipur's Kamjong district. Six houses were set ablaze in a Kuki village, and two people were killed. This fo...12 Jun, 2026, 12.15 AM IST
- Expanding GCCs bring in more value vs new entrantsIndia's global capability centre ecosystem is witnessing a convergence of greenfield and brownfield activities around capability-led work. ...11 Jun, 2026, 06.00 AM IST
- Reliance Foundation secures major win as ITAT overturns cancellation of charity registrationReliance Foundation has won a legal battle against the Income Tax authorities regarding the 'charitable' status of its Mumbai hospital. A t...11 Jun, 2026, 12.46 AM IST
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