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UAE WAR INCOME TAX
Has Form 168 replaced Form 26AS for FY 25-26? Here's what taxpayers need to know for ITR filingForm 168: The Income Tax Department has unveiled Form 168, a comprehensive upgrade to the Annual Information Statement, effectively superse...19 Jun, 2026, 03.02 PM IST- Post-deal, Indian Oil Corp issues first tenders to lift oil, LPG from Hormuz portsIndian Oil Corporation, India's top refiner, has issued tenders for ships. These vessels will transport liquefied petroleum gas and oil. Th...18 Jun, 2026, 11.55 PM IST
- India bond rally defies hawkish Fed on oil routIndian government bonds are rallying for a sixth day. Falling oil prices are boosting investor confidence. This is happening despite a hawk...18 Jun, 2026, 05.42 PM IST
- UAE announces social media ban for under-15s, joining growing trendThe United Arab Emirates has implemented a social media ban for children under 15, requiring platforms to monitor and disable underage acco...18 Jun, 2026, 05.06 PM IST
- Tax-free income in India: 8 types of income you don’t need to pay any tax onTax-free income: Unlock tax savings with these eight income sources exempt from income tax in India. From agricultural earnings and provide...18 Jun, 2026, 01.51 PM IST
- Income Tax department labels her stock market trader, denies investor status; she fights and wins Rs 54 crore capital loss claim at ITATDolly Khanna successfully challenged the tax department's classification of her Rs 54 crore short-term capital loss as a business loss. The...18 Jun, 2026, 12.30 PM IST
- Supreme Court rejects plea challenging Income Tax break to STs in North EastThe Supreme Court has declined to hear a petition questioning the income tax exemption for Scheduled Tribes in certain north-eastern states...18 Jun, 2026, 07.55 AM IST
- India’s electronics exports up 11.62% to $5.09 billion in MayIndian electronics exports saw a significant rise in May, reaching $5.09 billion. This growth occurred despite global supply chain issues. ...17 Jun, 2026, 06.00 AM IST
- Iran truce may revive India's textile exports, industry saysIndia's textile exports are set for a significant boost following the end of the Iran war. Manufacturers anticipate lower raw material cost...16 Jun, 2026, 01.06 AM IST
- US-Iran deal could leave Gulf states in the lurch: analystsGulf nations face a precarious future after Iran's attacks. A new deal offers only a temporary reprieve, leaving them vulnerable to regiona...15 Jun, 2026, 10.20 PM IST
- Income tax alert: These taxpayers could receive scrutiny notices by June 30, 2026 under Section 143(2)The CBDT has set June 30, 2026, as the deadline for issuing scrutiny notices under Section 143(2) for FY 2025-26 returns. An internal deadl...15 Jun, 2026, 03.57 PM IST
- Hormuz halt forces Middle East trade into huge rewiringA year after a US-Israel and Iran conflict, Siemens Energy explored alternative routes to Dammam, Saudi Arabia, due to potential Strait of ...15 Jun, 2026, 11.09 AM IST
- Residents tempted to gatecrash FCNR party for NRIsWealthy Indians are finding ways to benefit from a new foreign currency deposit scheme. They are sending money to NRI relatives as gifts to...15 Jun, 2026, 07.43 AM IST
- UAE to unlock billions of dollars for Iran, sources sayUS-Iran war: The United Arab Emirates is set to release billions of dollars to Iran. This move follows weeks of Iranian attacks on the UAE....13 Jun, 2026, 01.11 AM IST
- 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
- Trump cancels Iran strikes after high-level peace talks, blockade to continueUS President Donald Trump has cancelled planned strikes on Iran. Discussions for a ceasefire have been approved by Washington, Israel, and ...12 Jun, 2026, 06.24 AM IST
- UAE and Iran conduct first face-to-face meeting to try deescalating Middle East tensionsUS-Iran war: Senior security officials from the United Arab Emirates and Iran met face-to-face for the first time since the US-Israeli war ...11 Jun, 2026, 08.04 PM IST
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