Michael Jackson’s 2,700-acre Neverland Ranch received nearly $70,000-a-year tax benefit meant for farmland. Then officials found an amusement park, a zoo and moreMichael Jackson's Neverland Ranch took advantage of agricultural tax credits by engaging in cattle ranching, which offered lower property t...
02 Sep, 2026, 06.49 PM IST
Wife gets income tax notice after husband sells joint property Rs 14 lakh below market price; she fights back and wins the case in ITAT KolkataWife escaped income tax notice as she proved in ITAT that her husband entirely paid for their joint property which was sold for Rs 14 lakh ...
01 Sep, 2026, 12.03 PM IST
SC to hear Monday plea concerning cash donations received by political partiesThe Supreme Court will hear a plea challenging anonymous cash donations below Rs 2,000. This provision of the Income Tax Act is questioned ...
30 Aug, 2026, 02.39 PM IST
GST Council to hold 57th meet on Sept 12 with ITC, simplifying the GST corporate guarantees & more on agendaThe GST Council will meet on September 12 to discuss key reforms. Proposals include easier input tax credit access for buyers and simplifie...
30 Aug, 2026, 07.50 AM IST
US debt burden raises longer-term risks as borrowing costs riseUS government debt remains a cornerstone of global financial markets, but rising borrowing costs, persistent fiscal deficits and stronger c...
26 Aug, 2026, 12.55 PM IST
Housing societies cannot charge higher maintenance for bigger flats and shops based on area, rules Maharashtra Co-operative Appellate CourtUnlike property tax, maintenance cannot be charged at a higher rate for bigger flats and shops, explains the Maharashtra Co-operative Appel...
25 Aug, 2026, 12.35 PM IST
Amazon, Flipkart restructure seller fees, penalties ahead of festival seasonAccording to a notice issued by Amazon India on its seller forum, the company has, with effect from August 17, 2026, changed the manner in ...
24 Aug, 2026, 08.36 PM IST
ETMarkets NRI Talk | Rupee at 96: Why NRIs should think twice before sending more money to India, says Sachin SawrikarWhile a weaker rupee means more rupees for every dollar remitted, it can also erode the dollar value of INR-denominated investments over ti...
24 Aug, 2026, 09.12 AM IST
Warren Buffett: If past data told you the future, the Forbes 400 would comprise librarians; beware of geeks bearing formulasEverybody had run to cash and government bonds, and everybody agreed it was the sensible thing to do. Warren Buffett called it the third bu...
20 Aug, 2026, 06.04 PM IST
The UK pension pot question: Why 2026-27 is the year to decideStarting April 2027, UK pension pots will be subject to inheritance tax, prompting a reevaluation of legacy planning strategies. For Indian...
20 Aug, 2026, 01.19 PM IST
AI in finance: From crunching numbers to making decisions, how far can it go?Artificial intelligence is increasingly assisting in financial tasks and decision-making. Organisations report improved decision quality an...
19 Aug, 2026, 04.21 PM IST
Ageing housing societies: How homeowners can avoid losing their homes and money to redevelopment delaysAgeing housing societies that were promised bigger, modern living spaces have seen builders abandon or stall construction for years, with l...
18 Aug, 2026, 05.08 PM IST
SBI's error in depositing TDS cost landlord Rs 2.7 lakh in TDS credit; Landlord fights in ITAT Agra and wins the caseSBI paid Rs 40.62 lakh rent to three landlords but erroneously reported entire TDS against one landlord's PAN, leading to tax dept denying ...
18 Aug, 2026, 02.35 PM IST
Delhi Lakshmi Yojana: Ineligible beneficiaries to face aid stoppage, recovery of duesDelhi's Lakshmi Yojana is designed to assist women between the ages of twenty-one and sixty with financial resources. Ongoing applications ...
17 Aug, 2026, 10.05 PM IST
Independence Day 2026: A 1968 gold ban that turned every Indian household into an underground vaultIn 1968, the Gold (Control) Act restricted gold ownership and capped jewellery purity at 14 karats to curb imports and conserve foreign exc...
14 Aug, 2026, 07.58 PM IST
Presumptive taxation for professionals: The 50% rule remains-but what changes for deductions and losses under the new tax Act?The 50% presumptive taxation rule for professionals largely continues under the new Income-tax Act. However, Section 58(4) introduces a wid...
12 Aug, 2026, 11.08 AM IST
India sixth-largest economy at $3.92 trillion nominal GDP in FY26: GovernmentIndia's economy reached sixth globally with a $3.92 trillion GDP in 2025-26. Government strategies focus on agricultural productivity and m...
11 Aug, 2026, 03.26 PM IST