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FCNR scheme: Withholding tax fear haunts US, Singapore NRIsNon-resident Indians residing in Singapore and the United States are expressing significant concerns over withholding taxes. These taxes th...
Most people don't fail to build wealth because they earn less, says CA. Here's what holds them backCA Nitin Kaushik says most people fail to build wealth not because they earn less, but because they rely on motivation instead of systems. ...
ITR filing: How Bitcoin, NFTs, airdrops, gifted crypto, and overseas wallets are taxed in India and how to report themIndia's virtual digital asset taxation remains among the world's toughest. Investors face a flat thirty percent tax on gains and one percen...
RBI asks banks to clear old trade and payment mismatchesThe RBI has asked banks to resolve long-pending mismatches between trade and payment records worth thousands of crores. Banks must verify d...
'They are using Sonam Wangchuk': Woman who threw ink at Abhijeet Dipke alleges she was assaulted by "goons"Being a self-described men's rights activist, Trehan said she has no political affiliation and alleged that the protest at Jantar Mantar ha...
Ancient Egyptian princesses buried with bows and daggers may have been trained fighters, as 3,800-year-old bones show arm changes and injuriesNew research suggests ancient Egyptian princesses trained with weapons found in their tombs. Bone changes on royal skeletons align with wea...
Sonam Wangchuk continues hunger strike, says wife Gitanjali AngmoGitanjali Angmo confirmed the July 20 Parliament march will proceed as planned. Sonam Wangchuk's hunger strike continues despite his hospit...
These property sellers may need to re-compute advance tax after delayed release of Cost Inflation Index for tax year 2026-27; here’s what to doProperty sellers may need to re-compute advance tax after the Cost Inflation Index release. This delay impacts individuals selling property...
Name appearing in builder's records showing cash payment: Will you need to pay income tax for such property purchase? Here’s what ITAT saidCan the Income Tax Department tax you based only on papers found during a builder's search? A recent ITAT ruling explains when third-party ...
Why Britain is getting a new prime minister without a general electionAndy Burnham will become Britain's next prime minister on Monday. He is taking over from Keir Starmer, who resigned last month. Burnham sec...
Online car valuation vs final offer: How to read the gap before you sellUnderstand why your online car valuation and the final selling offer differ, and how to read the gap before you sell.
Why digital platforms are changing how drivers handle traffic recordsDigital challan systems now manage traffic violations, replacing older paper methods. Automated cameras and ANPR software capture violation...
The tennis ball hack that can make black shoe marks on the floor disappear without chemicalsBlack streaks on floors are often rubber transfers from shoe soles. A simple tennis ball can effectively remove these scuff marks. The felt...
Income tax on gifts: Received cash, property or shares? You may have to pay tax and report it in your ITR in these casesGifts from specified relatives are fully exempt from income tax. Non-relative gifts exceeding certain values become taxable under specific ...
India tells clean energy firms to lose grid connection or generate powerIndia's energy regulator has directed renewable firms to surrender transmission rights or provide higher bank guarantees. This move aims to...
CAG flags Rs 3,541 crore excess spend, budgetary lapses in Maharashtra govt's Ladki Bahin schemeThe CAG flagged over Rs 3,500 crore excess expenditure on the Ladki Bahin scheme. Thousands of crores were parked in deposit accounts, indi...
Demerger may not be tax-neutral if holding company issues shares: Mumbai ITATMumbai ITAT ruled demerger share issuance by holding company invalidates loss carry-forward. A subsidiary receiving business must issue sha...