India’s Reinsurance: Hidden tax or treaty? Best way to expand tax base is to redraw map of where business is doneIndian insurers transfer risk to global reinsurers, impacting tax treaties. These international agreements often prevent India from taxing ...
26 Aug, 2026, 12.37 AM IST
India’s data centre capacity hits new high as AI powers a 4x boomIndia leads Asia-Pacific data centre growth, with capacity quadrupling and substantial future projects underway. Significant investments fr...
25 Aug, 2026, 02.45 PM IST
IIFL Finance shares drop 8% as IIFL Home Finance gets Rs 963 crore tax demandIIFL Finance shares fell sharply on Tuesday after subsidiary IIFL Home Finance received a Rs 963.39 crore income tax demand covering April ...
25 Aug, 2026, 01.43 PM IST
NU Vista receives ₹15.41 crore Show Cause Notice for input tax credit irregularitiesCement firm NU Vista received a ₹15.41 crore notice alleging input tax credit irregularities. The notice covers four fiscal years from 2020...
25 Aug, 2026, 11.17 AM IST
Selling inherited property? Know who is liable to pay income tax on capital gains and how heirs can claim tax reliefSelling inherited property? Know who among the brothers and sisters are liable to pay capital gains tax on it and how to claim tax relief.
24 Aug, 2026, 05.00 PM IST
Spraying white vinegar under the bed hack: How to use vinegar to keep this hidden space fresh and cleanWhite vinegar is an effective and natural remedy for combating household odors and residue build-up. By spraying a diluted solution under y...
23 Aug, 2026, 08.25 PM IST
CPI (M) condemns attack on party leaders in Kallakurichi, demands arrest of perpetratorsSenior CPI(M) leaders faced a violent attack in Kallakurichi district on August 21. An eight-member gang assaulted the leaders and damaged ...
23 Aug, 2026, 02.49 PM IST
Developer didn't provide Occupancy Certificate to flat owners for 18 years, NCDRC orders Rs 6 crore compensation for Mumbai society residentsA Mumbai housing society received six crore rupees compensation from the NCDRC after the developer failed to secure an Occupancy Certificat...
21 Aug, 2026, 03.56 PM IST
Delhi to halt construction from December 10 to January 20 to curb winter pollutionDelhi will ban all construction from December 10 to January 20. This measure aims to tackle worsening air pollution during winter months. L...
21 Aug, 2026, 01.56 PM IST
Two feared dead after soil collapses at under-construction hospital in Punjab's MohaliRescue operations are underway after soil collapsed at an under-construction private hospital. Two labourers were rescued and sent to the h...
21 Aug, 2026, 06.53 AM IST
Costa Rican mother saves for 9 years to buy land, then built a home with 7 tonnes of recycled plastic. Here's how she did itA Costa Rican mother and her 6-year-old son received a permanent home built with interlocking blocks made from around 7 tons of recycled pl...
19 Aug, 2026, 05.19 PM IST
Man constructs a house before selling his old property and claims income tax exemption under Section 54; Income Tax Department sends notice; he wins case in ITAT DelhiConstructs house for Rs 47 lakh in Tilak Nagar, sells old property in Paschim Viharfor Rs 53 lakh, pays no tax, tax dept sent notice, man w...
19 Aug, 2026, 12.26 PM IST
US housing market weakens as AI boom drives factory outputUS housing activity weakened sharply in July, with single-family homebuilding hitting a more than three-and-a-half-year low as high mortgag...
19 Aug, 2026, 09.51 AM IST
Inherited mother's land, converted it into business stock, and invested over Rs 5 crore in a new home; ITAT Surat grants Section 54F tax exemption relying on a 1983 CBDT circular; Know whySon inherited 50% of mother’s land and took it in his real estate business as business stock; brought an even larger plot for Rs 2 crore cl...
17 Aug, 2026, 10.30 AM IST
FD rate up to 8.05% for senior citizens investing for five years; Know list of banksFixed Deposit (FD) rate for senior citizens investing for five years. The article has a chart using which you can compare the top banks whi...
15 Aug, 2026, 09.55 AM IST
Debt grows slower than GDP, CAG says; revenue lapses persistGovernment debt servicing remains positive, with loan accumulation below GDP expansion. However, irregularities worth ₹603 crore were found...
14 Aug, 2026, 07.31 AM 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