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HEALTH IMPLICATIONS OF TOBACCO TAXES
Palestinian Embassy calls for urgent medical aid: "If not India and Indian people, then who?"Palestine's Embassy in India has issued a dire plea for immediate medical aid, warning of a healthcare sector collapse due to ongoing confl...
Delhi HC rules EY US secondment fees taxable in India, MNCs face higher costs for foreign talentMultinational corporations in India face a new tax challenge following a High Court ruling against EY US. The court determined that payment...
NRE vs NRO income tax rules: How these NRIs, OCIs can save up to Rs 20,500 on $10,000 FD investmentNRIs can significantly reduce tax on NRE deposits in India, as this income is tax-exempt. While NRO account interest is taxable in India, N...
NRE vs NRO: One account can make your interest tax-free, the other can attract over 30% TDSNRIs and OCIs can use NRE accounts for overseas income and NRO accounts for India-sourced income, but tax treatment differs sharply. NRE in...
What is Andy Burnham's 'Manchesterism' vision for the UK?Andy Burnham is now a leading contender to become the next Prime Minister. He brings his "Manchesterism" economic vision to national politi...
India's net direct tax collections rise 14.6% to Rs 5.21 lakh crore till June 17India's direct tax collections have seen a significant jump. Net collections reached Rs 5.21 lakh crore by June 17, marking a 14.64% increa...
In 1962, a French geologist descended into a dark underground cave, but when he emerged more than two months later, he had lost track of time and helped reveal the human body's internal clockMichel Siffre's 1960s cave experiment revealed a hidden internal clock within humans. Isolated from all external time cues, his own sense o...
Five reforms India needs before the next shockIndia faces economic vulnerabilities from external crises. Five reforms are proposed to build resilience. These include reducing gold and c...
Suffering from anxiety often? A common plastic chemical may be affecting your brain, says new studyA new study presented at ENDO 2026 has found that male rats exposed to the common plastic chemical di-(2-ethylhexyl) phthalate (DEHP) durin...
AI startup Pramaana Labs raises $27 million in seed funding led by Khosla VenturesPramaana Labs, an AI startup, has secured $27 million in seed funding. The company develops technology to ensure AI answers are mathematica...
New tax regime: 7 ways for salaried employees to reduce their tax liability while filing ITR for FY 2025-26Salaried individuals can still reduce their tax liability under the new tax regime for FY 2025-26. Key deductions include employer contribu...
Foreign investors may bet big on Indian stocks after regulatory clarity emergesIndia has opened its stock markets to direct investment by foreign individuals, aiming to broaden capital sources beyond FPIs. While a long...
Will Rs 32 lakh EPF corpus withdrawal be tax-free? Are there better options than withdrawing?ET Wealth Reader's Query: I contributed to EPF until 2021 while working at an MNC. Since moving to a startup in 2022 that doesn’t offer PF,...
Gold imports up 34 pc to $3.41 bn in May; silver shipments plunge over 86 pcDuring May, India's gold imports skyrocketed by 34 percent, hitting USD 3.41 billion, as soaring gold prices fueled demand. In stark contra...
Income tax alert: These taxpayers could receive scrutiny notices by June 30, 2026 under Section 143(2)The CBDT has set June 30, 2026, as the deadline for issuing scrutiny notices under Section 143(2) for FY 2025-26 returns. An internal deadl...
Can you sell household items worth more than Rs 2 lakh in cash? Check the tax rulesA woman successfully challenged the Income Tax Department's addition of Rs 10.80 lakh as unexplained cash. The ITAT Chennai ruled in her fa...
Philip Morris India calls for stronger enforcement and collaboration to disrupt illicit tobacco ecosystemAs per the Tobacco Institute of India (TII), in India, illicit cigarettes represent nearly one-fourth of the domestic market, with estimate...
Toll collection against construction services provided to NHAI taxable: Rajasthan HCRajasthan High Court ruled toll collection rights are taxable consideration for highway construction. This decision impacts public-private ...
Tobacco-based mouth fresheners banned in Leh to protect school childrenLeh district authorities have banned the sale and distribution of mouth fresheners containing tobacco. The order aims to protect school-goi...
2,400,000,000,000: Chinese are smoking nearly half of world's totalChina's cigarette consumption has surged by 39% between 2003 and 2023, contrasting with a global decline. Despite fewer young smokers, low ...