ET Prime Special Series: Multibagger or IBC - Part 59: Japan taught it. Tata bought it. Now EVs will test this auto ancillaryThis is a story about a company that is simultaneously an asset and an anomaly. An asset because it builds a tangible, necessary product, g...
ITR-3 release date: Who should file this income tax return form as I-T Department enables online filing, Excel utilities for itThe Income Tax Department has launched online filing and Excel utility for Income Tax Return-3 for Assessment Year 2026-27. This form is fo...
India needs to remove tax friction for more FDIIndia is looking to boost foreign investment by reforming its tax system. Recent proposals aim to simplify taxes on foreign holdings. The c...
Maximum 39% marginal rate of income tax applicable for these individuals in Tax Year 2026-2027Individuals and certain entities will face a maximum 39% income tax rate under the new tax regime for Tax Year 2026-2027. This Maximum Marg...
New income tax regime: Don’t miss out on these 3 key deductions that will reduce your taxable income & help save more taxMany taxpayers mistakenly believe the New Tax Regime offers no deductions. However, salaried employees and pensioners can claim a Rs 75,000...
Invested in US stocks directly and made forex gains due to depreciating Rupee? Know how to compute tax on forex gains and report it in ITRIndian residents investing in US stocks face forex gains tax. These gains are taxable as capital gains when US dollars are converted back t...
Varanasi shocker: Mother sells 12-year-old girl for Rs 16,000 and 10 saris; she was raped multiple times, forced to work as house helpA 12-year-old girl was allegedly sold by her mother for Rs 16,000 and 10 saris in Uttar Pradesh. She was then subjected to repeated sexual ...
Delhi: American national of Indian origin held at IGI Airport with 115 gold bars hidden in specially designed beltIn a significant crackdown, customs agents at Delhi's IGI Airport intercepted an American of Indian descent, discovering a staggering 115 g...
Who can file ITR-1 this year? Common mistakes to avoid while filing ITR-1 for AY 2026-27 on or before July 31, 2026Individuals eligible for ITR-1 filing for AY 2026-27 must file by July 31, 2026. This form is for resident individuals with income up to ₹5...
Manipur nanny alleges assault, starvation and confinement at IIM-B campus residenceA 23-year-old domestic worker from Manipur has accused her employer's wife of physical assault, starvation, and wrongful confinement at a r...
Tata Motors rolls out VRS after union push; around 300 employees opt inTata Motors recently offered a voluntary retirement scheme to its employees. This initiative was a response to demands from worker unions. ...
US-based son gets tax notice in India over Rs 11 lakh cash deposit made on behalf of parents during demonetisation; ITAT Delhi cancels notice for this reasonA US-based son, Mr. Bussi, successfully challenged an Indian income tax notice after depositing Rs 11 lakh cash into his parents' account d...
SpaceX IPO: Millions of investors may make this costly mistake — don’t be oneSpaceX IPO Valuation 2026: The biggest IPO in stock market history is coming. Fast. SpaceX filed confidentially with the SEC on April 1, 20...
Husband takes Rs 25.06 lakh loan in wife’s name, runs off with car, jewellery & then seeks maintenance; HC slaps Rs 15 lakh cost on him for false affidavitA husband took Rs 25.6 lakh personal loans in his wife's name, spent the money on a lavish lifestyle, and fled with her car and jewellery. ...
Income tax department moves SC in Genpact tax caseThe Income Tax Department is moving the Supreme Court in Geppact tax case. This follows a Delhi High Court ruling that blocked reopening Ge...
What is Section 115BAC of the Income-tax Act?Section 115BAC of the Income-tax Act deals with the new tax regime introduced in the Union Budget 2020. The income tax slabs in the new tax...
Odd-even scheme: Delhi transport dept proposes Rs 2,000 penaltyDelhiites may have to cough up a fine of Rs 2,000 for violating the odd-even rule as the AAP government's transport department has proposed...