Presumptive taxation for professionals: The 50% rule remains-but what changes for deductions and losses under the new tax Act?The 50% presumptive taxation rule for professionals largely continues under the new Income-tax Act. However, Section 58(4) introduces a wid...
12 Aug, 2026, 11.08 AM IST
Man did not disclose UAE bank account and foreign shares in ITR, I-T dept imposed Rs 1.86 lakh penalty; He escalates the case but ITAT Delhi offers no reliefDubai connection: Man claimed friend sent money to Dubai Emirates NBD bank a/c to start business but didn't disclose foreign assets in Sche...
12 Aug, 2026, 11.03 AM IST
ET Prime Special Series: Multibagger or IBC - Part 70: Almost nobody tracks this company. That may be why its turnaround was missedVery few investors track this old auto supplier, and that may be exactly why its turnaround went unnoticed. This is a business that spent y...
10 Aug, 2026, 12.40 PM IST
Parag Parikh Flexi Cap Fund hikes stakes in HCL Tech, Coal India and 9 other stocks in July. Check full listParag Parikh Flexi Cap Fund, the largest active flexicap fund by AUM, raised its stake in HCL Technologies, Coal India and nine other stock...
10 Aug, 2026, 12.23 PM IST
HSBC picks ICICI Bank, Titan, 8 other stocks to ride a potential $25 billion FII inflow as AI trade volatility loomsHSBC expects India to attract up to $25 billion in foreign equity inflows if global investors rebalance portfolios away from volatile AI-dr...
05 Aug, 2026, 01.00 PM IST
Sebi aims to relax offshore fund investor-disclosure rules as appeals grow: ReportIndia's market regulator is set to simplify disclosure requirements for offshore funds to entice more long-term foreign investment. The pro...
04 Aug, 2026, 03.01 PM IST
Confused about ITR forms? Here's how to pick the correct ITR for AY 2026-27Choosing the right Income Tax Return form for AY 2026-27 depends on income sources. ITR-1 now allows reporting income from two house proper...
31 Jul, 2026, 02.07 PM IST
Kospi crashes 44% in a month but Nomura sees 109% upside in South Korea's stock market. Here's whySouth Korea's Kospi index dropped 44% from its June peak amid global AI growth worries and foreign fund outflows. Despite the sharp pullbac...
29 Jul, 2026, 11.51 AM IST
Nearly half of NRI property owners are looking to diversify their investment in properties in India: ReportNearly half of NRI property owners seek investment diversification in India now. Most properties entering the sale pipeline are residential...
29 Jul, 2026, 11.49 AM IST
Banking on gear shift for pickup: After cleaning up bad loans, banks now need a new reform pushIndia's banking sector requires reforms for sustained growth and improved credit access. Banks must grow significantly to meet microenterpr...
29 Jul, 2026, 08.21 AM IST
The ultimate ITR checklist before you click ‘submit’Taxpayers must file income tax returns by the July 31 deadline to avoid penalties. Accuracy is paramount, and mismatches in the Annual Info...
28 Jul, 2026, 06.51 PM IST
Sebi proposes Rs 25 lakh mutual fund-only PMS: What it means for investorsIndia's securities regulator is proposing major changes to portfolio management services. A new category will lower the minimum investment ...
27 Jul, 2026, 11.42 AM IST
Tax filers scramble to fix foreign asset disclosures: I-T portal data & SMS alerts prompt review of overseas holdings before July 31Taxpayers are receiving alerts about undeclared foreign assets before the July 31 deadline. The tax department has uploaded foreign asset d...
27 Jul, 2026, 07.49 AM IST
Russia crude prices swing wildly amid Iran warThe landscape of Russian crude prices for Indian refiners has seen considerable volatility influenced by the Iran war. Initially, discounts...
26 Jul, 2026, 11.57 PM IST
Foreign income taxation: Employees, investors, freelancers check these aspects to prevent double taxation on same foreign income while filing ITR for AY 2026-2027Indian taxpayers earning global income face potential double taxation concerns. India's tax treaties offer relief through credits or exclus...
22 Jul, 2026, 10.26 AM IST
ESOPs, Crypto and two other disclosures you must make in Schedule FA of the ITR for AY 2026-2027Indian taxpayers face new foreign asset reporting rules for AY 2026-2027. Schedule FA requires disclosures for foreign shares and overseas ...
21 Jul, 2026, 05.11 PM IST
Foreign assets in AIS: CBDT sets the stage for Foreign Assets of Small Taxpayers Disclosure SchemeThe CBDT’s decision to upload foreign financial information into taxpayers’ annual information statements may be more than an administrativ...
16 Jul, 2026, 11.41 AM IST