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CANCELED DEBT TAX IMPLICATIONS
Your Student Loan could disappear, then the IRS Bill arrives: What changed in 2026?A report by Protect Borrowers estimates that between 2 million and 3 million Americans could face federal tax bills over the next decade. T...- Global Market: Eurozone bond yields ease as Russia-Ukraine energy truce lifts sentimentEurozone government bond yields eased as lower energy prices and a Russia-Ukraine energy ceasefire announcement improved investor sentiment...
- Equity today, debt tomorrow: How Mirae Asset’s Life Cycle Fund 2056 plans your retirementMirae Asset Life Cycle Fund 2056 seeks to address gap through an automatic 30-year glide path that gradually shifts the portfolio from equi...
- Several flights between Keralam, Saudi Arabia cancelled amid West Asia tensionsFlights connecting Kochi with Saudi Arabia and other West Asian destinations have been cancelled due to geopolitical tensions. The cancella...
- JioBlackRock MF sees value in equities after correction, favours target maturity funds for debt investorsJioBlackRock Mutual Fund sees a more attractive risk-reward equation in equities after the recent market correction but cautions that a sus...
- Delhi train cancellations today, October 10: From Rajdhani to Garib Rath, check the full list of cancelled Mail and Express trainsDelhi-bound trains cancelled today: Indian Railways has cancelled several Mail and Express trains scheduled to arrive at New Delhi and Hazr...
- In 2005, a US couple sold their farm during bankruptcy, IRS sent them a tax bill, Supreme Court settled who paysThe case, Hall v. United States, involved Lynwood and Brenda Hall, who filed for bankruptcy under Chapter 12 of the US Bankruptcy Code in A...
- Good news: If penalty is imposed for misreporting of income or other cases you can apply for waiver of penalty using revised Form 161; Check the detailsOn October 8, 2026, the Central Board of Direct Taxes introduced a revised Form 161 for taxpayers. This new form allows eligible individual...
- Indian Railways cancels all Mail and Express trains to New Delhi and Hazrat Nizamuddin stations on October 10Indian Railways has cancelled Mail and Express trains scheduled to arrive at New Delhi and Hazrat Nizamuddin stations between 4 am and 2 pm...
- Homebuyer paid Rs 23.23 lakh for a flat, refused another Rs 8 lakh until promised construction was complete, her allotment was cancelled; builder ordered to pay 23.83 lakhKangra consumer commission has held a builder's cancellation of a Greater Noida flat allotment void and ordered refund of Rs 23,23,712 to t...
- Euro skids toward fifth weekly fall but selling pressure slowsThe euro is enduring its fifth consecutive week of descent, mainly due to ongoing concerns surrounding France's substantial debt. Despite a...
- Facing a 7% Mortgage? Here's how family loans could help buyers avoid high mortgage interest and unlock valuable tax savingsMortgage rates are stuck above 7%. Waiting sounds smart, but rising home prices could quickly erase any rate savings. That is why some fami...
- RBI rate hike will not stem outflows, leaving central bank in a bindIndia’s first RBI rate hike in four years may not stop record capital outflows or ease pressure on the rupee, which has fallen 7% this year...
- Electricity subsidy for existing businesses is taxable, Supreme Court rulesThe Supreme Court recently ruled that electricity subsidies granted under the Income Tax Act are subject to taxation as revenue receipts. T...
- GST Council to consider 17-day refund timeline, faster registrationsThe GST Council is set to consider measures to speed up refunds and GST registrations, with a proposed 17-day refund timeline and greater a...
- Do you have to pay tax in India or abroad? Why your residential status is important factorIndividuals earning income abroad must understand their tax residency status according to the Income Tax Act. The Act outlines conditions b...
- Dubai NRI bought Rs 2.31 crore property, didn’t file ITR, got income tax notice; she fights back and wins in ITAT on these groundsMrs Chudamasa’s counsel argued that the AO had erred in treating Rs 2,31,20,000 as investment made during financial year 2017-18. He submit...
- Irish company tax ruling offers capital gains relief hope to foreign investorsIn a noteworthy decision, the Income Tax Appellate Tribunal has exempted Fireeye, an Irish company, from capital gains tax on an indirect t...
- RBI remains cautious on crypto, backs underlying technology: Governor Sanjay MalhotraIndia's cautious approach towards cryptocurrencies emphasises the importance of underlying technologies like distributed ledger and tokenis...
- A look at France's public debt as economy takes centre stage in French Presidential electionFrance's public debt has climbed to unprecedented levels, currently reaching 119 per cent of its GDP. The increasing debt burden poses sign...
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