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Stock traders' alert: When income tax audit becomes mandatory for AY 2026-27Stock market traders, especially those involved in intraday and F&O trading without a registered business, need to understand tax audit rul...- 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...
- Taxman to track slipping sectors & top tax payersThe communication, dated June 16, a copy of which was seen by ET, also mandated each zone to submit a report to the Directorate of Tax Rese...
- ‘Markets will remain noisy. That’s how you make money’: Axis MF’s CEO & MD B. Gopkumar on SIPs, volatility and investingAxis Asset Management Company has navigated turbulent weather in the past few years, coming under regulatory scrutiny over a controversy in...
- ITR filing AY 2026-27: 8 costly mistakes taxpayers should avoid this tax return filing seasonThe I-T Department’s growing scrutiny, using AI and data analytics tools, leaves little room for omissions and errors, making accurate tax ...
- Tulsi Gabbard alleges Anthony Fauci funded Wuhan research in China that sparked COVID-19Outgoing US Director of National Intelligence Tulsi Gabbard has released declassified documents. These documents accuse Dr. Anthony Fauci o...
- New tax regime: 7 ways for salaried employees to reduce their tax liability while filing ITR for FY 2025-26Salaried individuals can still reduce their tax liability under the new tax regime for FY 2025-26. Key deductions include employer contribu...
- Donald Trump storms out of NBC 'Meet the Press' Kristen Welker interview. Here's whyNBC 'Meet the Press' Kristen Welker interview was conducted on a farm in Wisconsin, where Donald Trump was addressing farmers
- Trump orders tighter banking scrutiny of undocumented migrants, warns of account seizuresPresident Trump announced an executive order to shut down and seize funds from bank accounts supporting illegal immigration or holding welf...
- AIS data errors, wrong PAN entries causing ITR filing troubleErrors in Permanent Account Number entries and duplicate transactions are creating problems for taxpayers. The Income-tax Department is wor...
- Adityanath calls for trader-friendly tax system, better services for honest taxpayersUttar Pradesh Chief Minister Yogi Adityanath has instructed the state tax department to boost revenue collection. He emphasised providing f...
- Cockroach Janta Party surpasses BJP on Instagram, has over 10 million followers: Who is CJP's founder Abhijeet Dipke and how is he linked to Arvind Kejriwal's AAP?A satire website, Cockroach Janta Party (CJP), has rapidly gained over 10 million Instagram followers, surpassing India's ruling BJP. Found...
- Kash Patel's luxurious date-night outing with girlfriend sparks controversy: FBI's Gulfstream V jet, $35,000 suite date, Pearl Harbour VIP snorkelFBI Director Kash Patel faces scrutiny for allegedly using a government jet for a country music concert with his girlfriend, Alexis Wilkins...
- Sebi eases onboarding norms for foreign portfolio investorsThe Securities and Exchange Board of India has simplified rules for foreign investors. This eases the process of obtaining PAN cards for ov...
- Sebi, CBDT ease PAN rules for foreign investors after onboarding concernsSebi and CBDT relaxed PAN compliance requirements for foreign portfolio investors after concerns over complex onboarding rules. The clarifi...
- Cost of America’s ‘Golden Dome’ dream jumps from $185 billion to $1.2 trillion with 7,800 satellites that might not work when neededA new CBO analysis estimates President Trump's "Golden Dome for America" missile defense initiative could cost $1.2 trillion over 20 years,...
- Buying property costing between Rs 20 lakh and Rs 45 lakh without a PAN? You must use new Form 97, says Income Tax DepartmentThe Income Tax Department has introduced a new Form 97, replacing Form 60, for individuals without a PAN card undertaking specific transact...
- New ITR forms for AY 2026-27: NRIs opting for new presumptive income scheme have to make this separate disclosure additionallyNew ITR forms for AY 2026-27 mandate Non-Resident Indians (NRIs) opting for the presumptive income scheme to separately disclose gross rece...
- ITR filing: 4 disclosures you need to be ready with in new financial yearIndia’s tax department has rolled out updated ITR forms for FY 2025–26, introducing tighter disclosure norms while keeping the overall stru...
- FM Sitharaman urges tax officials to focus on fairer demand, faster resolutionDuring a recent conference, Finance Minister Nirmala Sitharaman highlighted the importance of easing tax payment processes for well-meaning...
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