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PUNJAB TAX ON LUXURIES ACT
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...- Will the ITR filing deadline for AY 2026-27 be extended? Here's what taxpayers need to knowTaxpayers can breathe easy as the Income Tax Return (ITR) filing deadline for AY 2026-27 is unlikely to be extended. Unlike last year's tec...
- 'BJP attacked forensic lab owners, Opposition using religion to defame me': Bhagwant Mann maintains viral video 'fake'Punjab Chief Minister Bhagwant Mann has accused the BJP, Congress, and Akali Dal of a conspiracy to defame him using a fabricated video. He...
- Punjab Police Admit Card 2026 released: Check direct link, how to download, recruitment details, and everything else you need to knowPunjab Police has released Constable admit cards for 3,298 vacancies, with the Computer-Based Test starting July 1, 2026. Candidates who ap...
- Tata Power's Mundra thermal plant to continue operations till Sept 30 under Centre's directionsTata Power's Mundra thermal plant will continue supplying electricity for three more months until September 30, following an extension of s...
- Tata Power's Mundra plant mandated to run at full capacity till SeptemberThe power ministry has directed Tata Power's 4,150 MW Mundra plant to operate at full capacity until September 30, 2026. This extension aim...
- Do taxpayers need to file two ITRs for FY 25-26 income? I-T Department explainsAY 26-27 and TY 26-27: Confusion surrounding the new Income Tax Act, 2025, and its transition from Assessment Year (AY) to Tax Year (TY) is...
- Can me and my wife claim LTCG tax exemption on gains from residential property sold in 2025?ET Wealth Reader's Query: In 2025, I sold a residential property, which was purchased in 2008 in the joint names of my wife and I. However,...
- Tamannaah Bhatia net worth: From luxury cars to real estate, all about the Rs 120 crore fortune of Baahubali starTamannaah Bhatia, a prominent figure in Indian cinema, continues to captivate audiences across films and OTT platforms. With a career marke...
- Filing ITR? Don’t ignore the ‘nature of employment’ field; it can affect NPS & retirement tax benefitsThe "Nature of Employment" field in the ITR is more than a routine disclosure. An incorrect selection can affect certain tax benefits, incl...
- Have a US 401(k)? Indians must report withdrawals and maturity details in ITR schedules FSI and FAIndian taxpayers with US 401(k) accounts must now report withdrawals and maturity details in ITR schedules FSI and FA. Failure to disclose ...
- No income tax on these 8 earnings: Check if you qualify for exemption
- BJP's Punjab unit keeps Shiromani Akali Dal option openThe BJP is preparing to contest all 117 assembly seats in Punjab on its own, but signals suggest it has not fully closed the door on revivi...
- 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...
- What is DTAA? How to avoid double taxation on foreign income and claim tax credit in IndiaIf you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 1...
- Nihangs storm Rudraprayag gurdwara, take devotee hostage over arrested membersArmed Nihangs held a Sikh devotee hostage atop a Rudraprayag gurdwara for over 24 hours, demanding the release of four sect members arreste...
- TDS Challan correction for Income Tax Act, 2025 needs to be done using the old TRACES portal; Here’s how to do itTaxpayers must correct TDS challans for Tax Year 2026-27 on the old TRACES portal. This is crucial if the challan was mistakenly filed unde...
- Harmony Infra Ventures to invest Rs 800 cr in luxury housing project in Delhi-NCRHarmony Infra Ventures is investing Rs 800 crore in a new luxury housing project called The Horizon Residences in Indirapuram, Ghaziabad. T...
- SC seeks data on claim Punjab failed EWS admissions mandateThe Supreme Court has taken notice of a plea alleging Punjab's failure to implement the Right to Education Act. Specifically, private unaid...
- Sikh clergy declares Punjab CM Bhagwant Mann anti-Khalsa, Panth over objectionable videoSikh clergy at Akal Takht declared Punjab Chief Minister Bhagwant Mann 'Guru Dokhi' and 'Khalsa Panth Virodhi'. This follows accusations of...
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