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IDBI Bank share price rockets 19%. What’s triggering the massive surge?IDBI Bank shares rose sharply on Wednesday, extending a four-session rally amid heavy trading volumes and renewed optimism around the lende...- CCI clears TVS Group's acquisition of PGIM India AMC, Temasek-Romsons dealIndia's fair trade regulator CCI has given the green light for TVS Group entities to acquire PGIM India Asset Management. The regulator als...
- Investing abroad? These 7 costly mistakes could trigger an income tax noticeWealthy Indians are investing more abroad. However, they must understand the rules to avoid trouble. Mistakes like misusing investment rout...
- 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...
- What crypto investors need to know for tax season 2026India's tax season now demands greater scrutiny for crypto investors as enforcement intensifies. New reporting requirements, including tran...
- Paying tax won't legitimise cash stashesThe taxman is tightening its grip on undeclared cash, with a recent tribunal ruling allowing the benami wing of the Income Tax department t...
- Invested in US stocks directly and made forex gains due to depreciating Rupee? Know how to compute tax on forex gains and report it in ITRIndian residents investing in US stocks face forex gains tax. These gains are taxable as capital gains when US dollars are converted back t...
- Rs 400 crore agricultural income but no land: CBDT digs up names of rich ‘farmers’ without farmsTax authorities have uncovered a major scam involving fake agricultural income claims. Over 300 individuals claimed exemptions worth thousa...
- Got ESOPs, a foreign bank account, or savings abroad? Here's what the tax department expects from you
- Mismatch between Rahul Gandhi's income, foreign trips' expenses, says BJPThe BJP has turned the spotlight on Rahul Gandhi's extensive global travels, calling for transparency over the sources of funding for these...
- Celina Jaitly recalls escaping with neighbours’ help to protect herself, makes shocking allegations amid divorce case: 'My children moved to undisclosed location...'Celina Jaitly has accused her husband Peter Haag, of harassment, cruelty, and physical abuse amid their divorce. She recently claimed to ha...
- ED probes alleged ESOP misuse to launder money, bypass LRS rulesThe Enforcement Directorate is now looking into employee stock options from foreign firms given to Indian workers. This move aims to uncove...
- US-based son gets tax notice in India over Rs 11 lakh cash deposit made on behalf of parents during demonetisation; ITAT Delhi cancels notice for this reasonA US-based son, Mr. Bussi, successfully challenged an Indian income tax notice after depositing Rs 11 lakh cash into his parents' account d...
- Failed to report US stocks gained via ESOP? Use this one-time Amnesty scheme; Know how it worksA one-time amnesty scheme, the FAST-DS, has been introduced to help Indian residents and NRIs resolve past non-compliance with reporting fo...
- Income Tax dept issues notices in 422 cases for undisclosed foreign assetsUndisclosed income of more than Rs 8,460 crore has been brought to tax and penalty of more than Rs 1,290 crore has been levied, on deposits...
- Tax paid in black money scheme must be whiteA tax payer will get immunity under the scheme only in respect of unaccounted assets declared and not on the tax amount, which adds up to 4...
- Those paying tax from undisclosed income will not be eligible for immunity: CBDTIt said that the effective rate of tax is 45% and there is no modification in the rate proposed by circular on the scheme issued by the boa...
- Surveys find undisclosed income of Rs 1.16 lakh crore in 3yearsIn searches, undisclosed income admitted was at Rs 15,070.64 crore in 2011-12; Rs 10,291.61 crore in 2012-13 and Rs 10,791.63 crore in 2013...
- Rs 565 crore undisclosed income detected in Swiss bank accounts of IndiansUndisclosed income to the tune of Rs 565 crore has been detected in Swiss bank accounts of Indians, the government said today.
- Ponty Chada reports Rs 175 crore 'undisclosed' income to Income Tax department"The business group has admitted an undisclosed income of Rs 175 crore and further tax related proceedings are on," official sources said.
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