Average hourly earnings rose 0.2% from March and 3.6% from April 2025, consistent with the Federal Reserve's 2% inflation target.

Why did Spirit Airlines fail? First major casualty of the 2026 Iran war fuel shock. The collapse of Spirit Airlines today, May 2, 2026, isn...

Spirit Airlines has ceased all operations with immediate effect, canceling flights and advising passengers to avoid airports. The decision ...

Hyderabad Police's crackdown on cyber fraud, revealing systemic banking gaps and Rs 400 crore annual losses, has prompted a high-level meet...

LATAM Airlines will stop flying between Lima and Havana starting March 11, 2026. This route had resumed in October 2023 after a pandemic br...

claim income tax refund: An individual can claim income tax refund while filing their income tax return. However, it may happen that the ta...

NPS vs OPS: The Centre allowed central government employees to switch from NPS to CCS (Pension) Rules, 1972 (now 2021), known as the old pe...

An income tax notice is an official communication from the income tax department. It is not a cause of worry if an individual reads the not...

This is followed by Bihar with 1.10 lakh registered taxpayers and 1.05 lakh taxpayers from Maharashtra.

"Sebi hereby cautions the public against such false claims of refund and cautions them against parting with any documents / money on such c...

The regulator said that it does not seek processing fees or money in any form in cases where money is to be refunded as per court order.

CBI has named three I-T officials- Abhay Kant, Saurabh Singh and Rohit Kumar- in connection with the case along with nine beneficiaries of ...

The ruling will also set a precedent for several other IBC cases, say industry trackers. Often, the corporate lenders and the tax departmen...

"It has been brought to the notice of RBI that the recovery of excess/wrong pension payments from the pensioners are being made in a manner...

Since April 8, the CBDT has been fast-tracking refund payments to help taxpayers in the COVID-19 pandemic situation and has till date issue...

In order to address the concerns of assessees in genuine cases, the Finance Bill 2017 has relaxed the norms for refunds for scrutiny cases.

Digitisation would allow the income tax department to match data from different sources, such as tax deducted at source, and facilitate exp...