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SECTION 197 OF THE COMPANIES ACT
ITR filing guide: Know when tax return filing is mandatory, who needs to file and who is exemptIndividuals and Hindu Undivided Families (HUFs) are required to file income tax returns (ITR) if their total taxable income before the appl...
UP RERA issues show-cause notices to 76 realty promoters for failing to upload annual audit reportsUttar Pradesh RERA has taken a firm step by issuing show-cause notices to 76 project promoters for neglecting to provide their annual audit...
The US lags other countries in social media restrictions for kids, but a reform push is growingTwo mothers, Amy Neville and Kristin Bride, are spearheading a movement for stronger online child safety after losing their sons to social ...
Bank failed to return Rs 5 lakh FD after maturity; Kerala HC directs bank to repay FD with 12% interest and Rs 10,000 compensationThe Kerala High Court has ruled that a bank dealing with public funds owes a duty to its depositors to make prompt payment of the funds dep...
NIA names doctor as key conspirator in Red Fort blastNIA has identified paediatrician Muzafar Ahmed as the mastermind behind the 2025 Red Fort blast, a deadly Vehicle-Borne Improvised Explosiv...
MEA's passport remark needs a crucial clarificationMEA's assertion that a passport isn't conclusive proof of citizenship has sparked debate. While legally correct, as citizenship is defined ...
Senior citizen mistakenly paid tax on tax-free VRS compensation; wins complete relief from ITAT Chennai on this groundA senior citizen wrongly paid tax on Rs 24 lakh retrenchment compensation received under a BSNL Voluntary Retirement Scheme. Despite a sign...
Bank fraud cases: CBI flags issue of pending sanctions to probe bank officials in corruption casesThe CBI has highlighted significant delays in obtaining sanctions to probe and prosecute bank officials for corruption and fraud. This hurd...
Taking a second loan for home loan repayment? Claim tax deduction on both under old tax regime for Tax Year 2026-2027Homeowners can now potentially claim tax deductions on interest paid for both their original home loan and a subsequent loan taken to repay...
India-US trade deal enters crucial phase as Section 301 and tariff deadline loom largeIndia and the US are in the final stages of trade deal negotiations, with a July 24 deadline looming. A key sticking point is Section 301 o...
SFIO to probe Rajesh Exports over SEBI's fraud allegationsAuthorities are intensifying scrutiny on Rajesh Exports. The Serious Fraud Investigation Office will probe the gold refining giant followin...
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...
Finance ministry, NFRA officials brief Par panel on corporate laws amendment billParliament's joint committee received briefings on the Corporate Laws (Amendment) Bill, 2026, from Finance Ministry officials and the Natio...
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...
Govt revises penalties under FCRA involving receipt of foreign contributions by NGOsNew penalties are now in place for NGOs misusing foreign funds. The Home Ministry has revised compounding penalties for various FCRA violat...
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...