CIC directs petroleum ministry arm to share historical petrol, ethanol, profit dataThe Central Information Commission ordered the Petroleum Planning and Analysis Cell to release historical petrol production and import data...
Income tax guide: Allowance and reimbursement exemption limits every salaried employee should knowSalaried employees should know income tax exemption limits for various allowances. Leave Travel Allowance is exempt for self and family tra...
Schedule H1 explained: Why did India tighten its prescription rules for high-alcohol medicines?Schedule H1 Explained: High-alcohol oral medicines now require a doctor's prescription under Schedule H1. This stricter classification mand...
Germany dMAT Exemption Explained: Do you need to take Germany's new test? Check hereGermany dMAT Exemption: Germany has introduced a new Digital Master Test for some Indian students. This requirement applies to specific mas...
ETMarkets Smart Talk | Selling property in India? Here's how NRIs can avoid excess TDS: Trilegal's Himanshu SinhaNRIs face complex tax rules when selling Indian property, often leading to excess tax deductions. Obtaining a Lower TDS certificate can pre...
Exempted Trust under EPFO may regularise their status under Amnesty Scheme, 2026, says the retirement fund bodyThe Employees' Provident Fund Organisation has launched a new amnesty scheme for provident fund trusts. This one-time opportunity allows ex...
Sukanya Samriddhi Account interest rate: How you can create Rs 50 lakh corpus for your girl childSSY interest rate: The Sukanya Samriddhi Account offers an 8.2% annual interest rate, compounded yearly. Parents can invest up to Rs 1.5 la...
Govt eases shipping rules for GIFT City to spur maritime leasing, financeGIFT City IFSC units are now exempt from a specific shipping license. This exemption aims to boost India's maritime leasing and financing e...
Same-sex couple challenges Income Tax provision that exempts gifts only between spousesThe Karnataka High Court has requested a response from the Union government concerning a petition that challenges a tax exemption clause. T...
Medicines with over 12% alcohol can no longer be sold without prescription: GovtIn a new regulatory change, medications with alcohol content exceeding twelve percent will require a prescription from a doctor. This decis...
Child education allowance tax benefit in ITR filing for FY 25-26: Know when you can claim itSalaried employees can claim child education allowance tax exemption under the old tax regime. This exemption is available for up to two ch...
Government waives basic customs duty on key inputs for electronics manufacturingThe government has waived customs duty on key electronic components. This move aims to boost domestic manufacturing of smartphones and lapt...
ITR filing 2026: Rs 15 lakh, Rs 20 lakh, and Rs 25 lakh salary; how much tax you could pay under new vs old tax regime?Salaried employees face a crucial tax decision between old and new regimes. The new tax regime offers lower tax liability across various in...
CBDT exempts NCCL settlement fund from taxThe Central Board of Direct Taxes has granted income-tax exemption to NCCL's Core Settlement Guarantee Fund. This tax benefit will continue...
ITR utility updated: New 'other income' column added under exempt income schedule; here's what it meansIncome Tax Return (ITR) filing for the assessment year 2026-2027 sees a significant update with a new 'Other Income' column under the Exemp...
Man sells property for Rs 48 lakh, constructs a new house but faces delay, income tax dept denies Section 54 claim; he fights and wins case in ITAT ChennaiA Chennai resident successfully reclaimed his Section 54 tax exemption after a three-year construction delay on his new home, initially den...
Hitachi Energy, GE Vernova, Siemens rise up to 6% as Nomura calls recent correction an ‘overreaction’. 4 reasons whyIndian electrical equipment stocks rebounded, gaining up to 6% after global brokerage Nomura labelled the recent sell-off an "overreaction....