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SECTION 66A OF THE IT ACT
Retired employee claims tax exemption on Rs 19 lakh leave encashment; I-T dept issues notice and caps it at Rs 3 lakh; ITAT Chennai grants him full reliefWhen Mr Balasubramanian Venkatachalaperumal from Jagadamal Street retired from ONGC in FY 2019-20, he got Rs 19.05 lakh as leave encashment...19 Jun, 2026, 10.27 AM IST- US launches trade investigation into Germany over drug pricingAmerica has started a trade probe into Germany's plan to cut pharmaceutical spending. U.S. Trade Representative Jamieson Greer stated the i...19 Jun, 2026, 07.45 AM IST
- FIR against SP MLA over 'objectionable' post targeting BJP MP Kangana RanautAn FIR has been registered against Samajwadi Party MLA Rakesh Kumar Verma in Pratapgarh, Uttar Pradesh, for allegedly making objectionable ...18 Jun, 2026, 03.52 PM IST
- Paying rent but not receiving HRA? Here’s how non-salaried individuals can claim tax deductionSelf-employed individuals and salaried employees not receiving House Rent Allowance (HRA) can claim tax benefits for rent paid under Sectio...18 Jun, 2026, 01.30 PM IST
- ITR filing due dates for AY 2026-27: July 31 is not the deadline for every taxpayer; check 5 other tax filing due datesThe Income Tax Department has set July 31, 2026, as the deadline for most individual taxpayers, including the salaried class, to file their...17 Jun, 2026, 05.42 PM IST
- Two Trades for Today: A realty major for a 6.6% rise, a mid-cap fertiliser maker’s stock for a 7% gainOur technical analysts identify select stocks every trading day that may gain momentum even in volatile markets. Here are the technical cal...17 Jun, 2026, 12.37 PM IST
- SC seeks ECI, Centre responses on plea against Aadhaar use beyond identity proofThe Supreme Court is examining a plea to ensure Aadhaar is used solely for identity verification. The petition argues its use for citizensh...17 Jun, 2026, 12.15 AM IST
- Assam: Defence ministry to acquire 333.662 acres for Artillery Brigade location planThe Ministry of Defence will acquire land in Assam's Udalguri district to establish units of an Artillery Brigade. The expansion is linked ...16 Jun, 2026, 08.34 PM IST
- Telegram temporarily restricted in India ahead of NEET re-exam; NTA welcomes Centre's moveTelegram access in India is temporarily restricted until June 22, 2026, following a government crackdown on fake NEET (UG) 2026 re-examinat...16 Jun, 2026, 12.16 PM IST
- USTR Greer, Piyush Goyal to hold trade pact talks next weekUS trade representative Jamieson Greer will visit India on June 23-24. He will meet Commerce and Industry Minister Piyush Goyal. Discussion...16 Jun, 2026, 12.24 AM IST
- 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...16 Jun, 2026, 12.20 AM IST
- Disclose tender process for Board exam answer sheet procurement under RTI Act: CIC to CBSEThe Central Information Commission has directed the CBSE to disclose expenditure and procurement details for Class 10 and 12 board exams, i...14 Jun, 2026, 03.44 PM IST
- Minor among four apprehended for alleged role in Govindpuri fire that killed threeDelhi Police have arrested a 17-year-old girl and three adults in connection with a deadly fire in Govindpuri. The blaze claimed three live...14 Jun, 2026, 11.09 AM IST
- A Himalayan Adventure: The selfish act of trekkingIndia's budget now includes funds for tourism development. This marks a shift in how the country views its mountains. Nepal has a well-orga...14 Jun, 2026, 08.25 AM IST
- Can you sell household items worth more than Rs 2 lakh in cash? Check the tax rulesA woman successfully challenged the Income Tax Department's addition of Rs 10.80 lakh as unexplained cash. The ITAT Chennai ruled in her fa...12 Jun, 2026, 10.44 AM IST
- Trump’s 10% global tariffs stay in force after appeals court extends pause on trade court decisionA US appeals court has kept a 10% global tariff in place for three importers. This decision follows a lower court ruling that had granted t...12 Jun, 2026, 06.43 AM IST
- Europe is finally, slowly getting its act togetherEurope stands on the brink of a pivotal transformation, launching a set of ambitious reforms aimed at revitalizing its economy and global f...11 Jun, 2026, 10.22 AM IST
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