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PENALTY FOR MISSING ADVANCE TAX
FIFA World Cup 2026: Senegal routs 10-man Iraq 5-0 to keep knockout hopes aliveSenegal thrashed 10-man Iraq 5-0 in a crucial World Cup qualifier, significantly boosting their hopes of advancing. Pape Gueye netted twice...27 Jun, 2026, 10.21 AM IST- Husband has to pay income tax on wife’s earnings from FD, gold, shares under clubbing of income in these casesITR filing: Transferring investments to your spouse to save taxes is a common misconception. The Income Tax Department scrutinises fund sou...27 Jun, 2026, 08.09 AM IST
- Trump threatens 100% tariff on nations taxing US tech giants, warns trade deals won't matterUS President Donald Trump has issued a stern warning, threatening a hefty 100% tariff on all goods from nations implementing digital servic...26 Jun, 2026, 10.06 PM IST
- FIFA World Cup 2026: Australia reach knockouts after goalless draw with ParaguayAustralia secured a spot in the World Cup's round of 32 with a goalless draw against Paraguay. The Socceroos, finishing second in Group D, ...26 Jun, 2026, 10.12 AM IST
- Assam State Budget 2026-27: FINER suggests higher devolution share and tax net wideningAhead of Assam's 2026-27 State Budget, industry body FINER urges higher central fund devolution and tax net expansion. They praise the Prof...25 Jun, 2026, 09.45 AM IST
- Income tax dept identifies up to 20,000 cases of individuals who used the ‘swapped provisions’ trick to reduce net tax liability; Know what to do now to fix thisThe Income Tax Department has flagged 15,000-20,000 cases of individuals using a 'swapped provisions' trick to unfairly reduce their tax li...24 Jun, 2026, 05.57 PM IST
- Senior citizens can now earn up to 7.95% FD interest at Bandhan Bank as lender hikes fixed deposit rateSenior citizen FD interest rates: Bandhan Bank has boosted fixed deposit interest rates, offering senior citizens a compelling up to 7.95% ...24 Jun, 2026, 04.01 PM IST
- On ESOP value over US$ 60,000 US estate tax up to 40% can be levied after death of even a non-US resident; Here’s how to manage its impact on legal heirsIndian professionals holding US ESOPs and RSUs face a significant risk of up to 40% US estate tax on assets exceeding $60,000 after their d...24 Jun, 2026, 07.01 AM IST
- Banking liquidity slips into deficit on tax outflowsBanking system liquidity slipped into deficit for the first time in three months, falling to ₹19,971 crore on Monday from a surplus of ₹30,...24 Jun, 2026, 12.21 AM IST
- India defeats Pakistan 4-3 in thrilling FIH Pro League London-leg openerIndia's men's hockey team secured a thrilling 4-3 victory over Pakistan in the FIH Pro League London leg. After a slow start, India found t...23 Jun, 2026, 10.48 PM IST
- FIFA World Cup 2026: "Just going to enjoy this moment," says Messi after historic goal recordLionel Messi has etched his name further in football history, becoming the all-time leading goalscorer in men's World Cup history with two ...23 Jun, 2026, 06.47 PM IST
- World Cup what to know: Cristiano Ronaldo aiming to get on track after disappointing startWhile Messi and Mbappe shine, Ronaldo faces criticism after Portugal's draw. England's Harry Kane is chasing records, aiming to surpass Gar...23 Jun, 2026, 06.32 PM IST
- Lionel Messi makes history: Argentina captain breaks World Cup scoring record with landmark 17th goalLionel Messi has achieved a monumental feat, becoming the all-time leading goalscorer in men's FIFA World Cup history with his 17th tournam...23 Jun, 2026, 07.37 AM IST
- 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...22 Jun, 2026, 11.44 PM IST
- Missed JEE Advanced by 2 marks, now ISRO scientist: Meerut youth who studied on YouTube without costly coaching will help power India’s space programmeMissing JEE Advanced by a mere two marks didn't deter Meerut's Sanket Kumar. He self-studied, aced the exam the following year, and joined ...21 Jun, 2026, 09.11 AM IST
- 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...19 Jun, 2026, 12.52 AM IST
- 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...18 Jun, 2026, 08.26 PM IST
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