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US TAX LAW CHANGES
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 ...- Oil prices little changed as US-Iran peace efforts holdOil prices saw minimal change as peace talks between the U.S. and Iran offered hope for the Strait of Hormuz's reopening. Despite recent sk...
- Hiring in India in 2026: How Employer of Record services simplify complianceIndia's burgeoning talent pool, now the third-largest globally, presents a strategic hiring challenge. With over two million professionals ...
- From being a trust to gaining trust: AIFs call for switch to LLP modelIndia's private equity and venture capital sector is pushing for a crucial structural change to attract more foreign investment. The indust...
- 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...
- PPF interest rate for July-September 2026: Has government changed 7.1% rate? Here's what investors should knowPPF interest rate: The Finance Ministry has maintained the Public Provident Fund (PPF) interest rate at 7.10% for the July-September 2026 q...
- US proposes EB-5 programme changes with tighter oversight, higher investment thresholdUS Homeland Security is proposing stricter rules for the EB-5 investor visa program, aiming to boost oversight and integrity. The plan incl...
- Overcharged Rs 67 on shoe MRP, Bata ordered to refund student, pay Rs 2,000 compensation. Here's what happenedA law student's Rs 67 overcharge on shoes led to a significant ruling against Bata India by the Kerala Consumer Commission. The retailer wa...
- TMC MP Mahua Moitra alleges egg attack by BJP workers during Nadia visitTMC MP Mahua Moitra alleged BJP workers hurled eggs and shouted slogans during a protest outside an MLA's residence in Nadia, West Bengal. ...
- 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...
- US Supreme Court rejects Donald Trump's bid to restrict birthright citizenshipThe U.S. Supreme Court has delivered a significant blow to President Trump, rejecting his attempt to restrict birthright citizenship for ch...
- Strait of Hormuz: Strategic chokepoint in shadow of geopoliticsThe Strait of Hormuz, a key chokepoint for the global trade of crude oil and liquefied natural gas, is at the centre of disputes in negotia...
- US envoy Sergio Gor says Marco Rubio plans second India visit this year, reassures American investorsTo illustrate the deepening personal connection between the two administrations, the envoy revealed that US Secretary of State Marco Rubio ...
- Working abroad? You may pay zero tax on selling Indian shares if you meet this conditionIndians working abroad can now potentially avoid paying tax on selling Indian shares. The key is to have purchased these shares using conve...
- Gaming founders appeal to GST Council for personal liability relief after Supreme Court rulingReal money gaming founders are urging the GST Council to shield them from personal tax liabilities and offer amnesty on past dues following...
- US visa applicants left in limbo after Kolkata consulate interview disruption creates chaosUS visa applicants in Kolkata faced significant disruption as technical glitches, reportedly due to thunderstorms, halted interviews for tw...
- Commerce ministry convenes stakeholders' meet on June 30 on SEZ issuesThe commerce ministry is convening a stakeholder meeting on June 30 to address critical issues concerning Special Economic Zones (SEZs). Di...
- New GST jurisdiction to handle pending cases after business shift: CBICTaxpayers shifting their business location will now have their ongoing tax proceedings seamlessly transferred to the new jurisdictional aut...
- Trump clean energy tax credit cutoff drives project rush as prices set to soarThe phaseout of the 20-year-old subsidies, accelerated under President Donald Trump's 2025 tax law, could drive contract prices for wind ...
- Three ways Trump could get a stake in AI firms for the USPresident Donald Trump is actively investigating how to ensure that the American public can benefit from the lucrative advancements within ...
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