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TREASURY DEPARTMENT TAX COLLECTION
Trump Accounts Social Security check: $1,000 federal contribution coming at your accounts. Check eligibility, start dateSocial Security Check: While only U.S. citizens born during Trump's second administration will receive the $1,000 government contribution, ...
Rs 17 lakh income tax refund claim was denied as taxpayer did not e-verify ITR since he was busy taking care of late father; ITAT Delhi allows refund for this reasonA Delhi landlord, busy caring for his ailing father, missed the deadline to e-verify his income tax return, leading to a denied Rs 17 lakh ...
Charitable trusts get relief on 80G registrationCharitable trusts and institutions that missed the 80G registration renewal deadline have received a one-time reprieve from the CBDT. The t...
Trump Accounts launch July 4, giving newborns $1,000. Here's what to knowPresident Trump's administration is launching "Trump Accounts" to promote financial independence for American children, coinciding with the...
Can you get an Income Tax notice despite TDS deductions? Here's exactly why it happens and what you can do next
Tax department steps up scrutiny of charitable trusts over disclosure mismatchesThe Income Tax Department is intensifying its review of charitable trusts and non-profits, demanding detailed fund utilisation and governan...
GST on subscription ride-hailing platforms like Rapido and Bharat Taxi may hit driver earnings: ReportA new report warns that extending GST to subscription-based ride-hailing platforms like Rapido could significantly impact drivers and passe...
These 7 private and public banking stocks have an upside of up to 24% in one year, according to analystsAt the end of the day, both private and PSU banks are equally impacted by what goes on in the economy. If they are behaving differently in ...
Karnataka begins Gruha Jyothi verification; BJP questions PAN, caste certificate requirementKarnataka's Gruha Jyothi scheme, offering free electricity, is facing a door-to-door verification process. Senior BJP leader R Ashoka has a...
June GST collections 13.9% to ₹1.95 lakh croreIndia's GST revenue surged 13.9% to ₹1.95 lakh crore in June, driven by a significant 34.6% jump in import tax collections. While domestic ...
US de-lists four Indian companies from Russia-linked sanctionsIn a significant development, the United States has removed four Indian firms from its sanctions list. These companies, previously accused ...
Filing ITR? Here's what AIS and Form 26AS tell the income tax department about youAs taxpayers gear up for ITR filing in AY 2026-27, understanding the consolidated Form 168 (formerly AIS and Form 26AS) is crucial. This un...
US Stock Market: Fed liquidity operations signal calm quarter-end as money markets stay well suppliedThe U.S. Federal Reserve's liquidity measures are expected to keep quarter-end funding markets stable, with traders anticipating minimal st...
In Graphics: How GST cuts triggered a rally for Indian businessesGovernment analysis reveals that last September's Goods and Services Tax rate adjustments led to a significant expansion of the tax base. H...
AI tools helping identify GST evasion, easing compliance for honest taxpayers: FinMinIndia's Goods and Services Tax (GST) system is leveraging advanced technologies like AI and data analytics to combat tax evasion and stream...
Government extends CBDT chief Ravi Agrawal's tenure by 6 monthsRavi Agrawal, Chairman of the Central Board of Direct Taxes (CBDT), has received a six-month tenure extension, keeping him in the role unti...
Indian firm, CEO among 8 entities sanctioned by US for 'fuelling' civil war in SudanThe US has imposed sanctions on eight individuals and entities, including an Indian national, for allegedly fueling Sudan's civil war. Alok...
US judge blocks Trump administration's new student loan restrictionsA federal judge has halted a Trump administration rule that would have lowered student loan limits for graduate nursing and healthcare stud...
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...
US Stock Market: Foreign demand for US Treasuries rises in April, led by Japan and UKForeign investors continue to show strong interest in U.S. Treasury securities, with holdings inching up in April to $9.352 trillion. This ...