Salaried employees beware! These 5 mistakes during ITR filing can trigger unexpected tax demandsWith the ITR filing season for AY 2026-27 now underway, many salaried taxpayers who faced TDS shocks in the last quarter of FY 2025-26 are ...
12 Jun, 2026, 07.11 AM IST
ITR filing 2026: 9 key checks every taxpayer must make for AY 2026–27India's income tax administration has become increasingly data-driven, with information from TDS/TCS reporting, SFT filings and other sourc...
11 Jun, 2026, 07.43 AM IST
Reliance Foundation secures major win as ITAT overturns cancellation of charity registrationReliance Foundation has won a legal battle against the Income Tax authorities regarding the 'charitable' status of its Mumbai hospital. A t...
11 Jun, 2026, 12.46 AM IST
To win the deep-tech race, India needs ‘General Innovation Rules’India is launching ambitious science initiatives. However, current financial rules designed for conventional procurement hinder R&D. A new ...
10 Jun, 2026, 02.37 PM IST
H-1B workers get relief as US court scraps $100,000 fee; employers may accelerate filingsA US federal judge struck down the $100,000 fee for fresh H-1B petitions, deeming it an unlawful tax. This ruling could encourage more appl...
10 Jun, 2026, 06.00 AM IST
Amsterdam plans higher tourist tax, cruise terminal closure to curb tourism pressureAmsterdam is set to overhaul its tourism sector with ambitious plans including a hike in tourist tax to 20% by 2030. The city also aims to ...
09 Jun, 2026, 02.10 PM IST
How to dematerialise and transfer physical share certificates to legal heirs?ET Wealth Reader's Query: I recently found several bonds and share certificates in physical form belonging to my late father. How can I get...
09 Jun, 2026, 01.58 PM IST
Toll collection against construction services provided to NHAI taxable: Rajasthan HCRajasthan High Court ruled toll collection rights are taxable consideration for highway construction. This decision impacts public-private ...
09 Jun, 2026, 11.27 AM IST
US Customs’ $166 billion tariff refund plan faces court fight over who gets access to payoutsA government official testifies today in federal court. This concerns billions of dollars in import taxes. The Supreme Court ruled these ta...
09 Jun, 2026, 09.40 AM IST
India may have brokered a rupee truce, but hasn't won peace yetIndia has unveiled a package aimed at supporting the rupee without resorting to capital controls, a move seen as more market-friendly than ...
09 Jun, 2026, 07.10 AM IST
Income Tax Department issues ITR scrutiny guidelines: These ITR filers may face compulsory scrutiny in FY 26-27The CBDT has released new guidelines for compulsory income tax return scrutiny in FY 2026-27, impacting returns filed in FY 2025-26. Specif...
08 Jun, 2026, 01.39 PM IST
Man sold unlisted shares, bought Rs 5.65 cr house, faced income tax scrutiny; he fought back and won in ITAT Delhi despite low income declarationMr. Bansal successfully appealed a tax demand after claiming Section 54F exemption on Rs 7.59 crore long-term capital gains from unlisted s...
08 Jun, 2026, 09.52 AM IST
Paying tax won't legitimise cash stashesThe taxman is tightening its grip on undeclared cash, with a recent tribunal ruling allowing the benami wing of the Income Tax department t...
08 Jun, 2026, 12.28 AM IST
'Khalsa tax': Issue taken up with Punjab Chief Minister, says Himachal minister Jagat Singh NegiHimachal Pradesh Chief Minister has raised the issue of a 'Khalsa tax' with his Punjab counterpart. A group of Nihang Sikhs imposed this sy...
05 Jun, 2026, 03.34 PM IST
Nihang Sikhs impose symbolic 'Khalsa tax' on HP vehicles at Punjab border pointNihang Sikhs staged a protest on the Kiratpur Sahib-Manali highway. They collected a symbolic 'Khalsa tax' from Himachal-registered vehicle...
04 Jun, 2026, 04.01 PM IST
Bengaluru property owners alert! Can you get mutation done without a Khata? Here’s what the law saysBengaluru property owners can face challenges with mutation without an existing Khata. While legally possible with valid title documents, t...
03 Jun, 2026, 03.33 PM IST
Could you be missing a critical June 2026 tax deadline? Check these essential TDS, Form 16, STT and advance tax requirements before it's too lateJune 2026 income tax deadlines are closer than many taxpayers realize. Form 16 issuance, TDS deposits, advance tax payments and STT reconci...
02 Jun, 2026, 12.22 AM IST