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HIDDEN PROVISION IN TAX BILL
Kerala Assembly urges Centre to withdraw proposed FCRA amendmentsKerala Assembly unanimously passed a resolution demanding the Centre withdraw proposed FCRA amendments, citing severe impacts on voluntary ...- Kerala Assembly: LDF boycotts proceedings over Finance Bill's Subject Committee bypassKerala's Assembly witnessed a boycott by the LDF opposition after the Speaker disallowed their objection to the Finance Bill. The oppositio...
- Stock traders' alert: When income tax audit becomes mandatory for AY 2026-27Stock market traders, especially those involved in intraday and F&O trading without a registered business, need to understand tax audit rul...
- Guwahati: Polices seize nearly 37 kg of suspected smuggled gold worth around Rs 55 croreGuwahati Police have made a massive seizure of nearly 37 kg of suspected smuggled gold, valued at approximately Rs 55 crore, in the Kharghu...
- Scottish proverb of the day: ‘When the fox preaches, look to your geese’, a lesson about spotting hidden motives and false promisesA Scottish proverb, 'When the fox preaches, look to your geese,' offers a timeless warning about deceptive intentions. It urges us to criti...
- Spouse's FD, shares or gold? You may still have to pay tax under clubbing rules
- West Bengal forms panel to draft UCC billWest Bengal's Chief Minister announced that a draft bill for a Uniform Civil Code will be presented to the state cabinet on Thursday for ap...
- Akal Takht gives AAP govt one month to amend lawAkal Takht has directed the Punjab government to amend its anti-sacrilege law within a month, keeping it in abeyance until then. The highes...
- Bengal assembly passes bill proposing preventive detention of anti-socials for up to 12 monthsWest Bengal has enacted a new law, the Public Safety and Control of Anti-Social Activities Bill, 2026, allowing for preventive detention of...
- 'One nation, one law is the demand across India': BJP President Samik Bhattacharya on West Bengal UCC BillWest Bengal BJP president Samik Bhattacharya on Monday reiterated the Bharatiya Janata Party (BJP)'s commitment to implementing the Uniform...
- ITR filing guide: Know when tax return filing is mandatory, who needs to file and who is exemptIndividuals and Hindu Undivided Families (HUFs) are required to file income tax returns (ITR) if their total taxable income before the appl...
- Bengal set to table UCC, public safety bills today in AssemblyWest Bengal is set to introduce a Uniform Civil Code Bill, aiming to replace religious personal laws with a single set for all citizens, pr...
- Husband has to pay income tax on wife’s earnings from FD, gold, shares under clubbing of income in these casesITR filing: Transferring investments to your spouse to save taxes is a common misconception. The Income Tax Department scrutinises fund sou...
- Maharashtra cabinet clears draft bill to recognise women farmers, widen welfare accessMaharashtra's cabinet has greenlit a groundbreaking bill to legally recognize women farmers, even those without land. This initiative aims ...
- ET Most Innovative AI Product Awards 2026: Why tax has become one of the biggest trust tests for enterprise dataAs businesses generate larger volumes of financial and operational data, tax functions are becoming an unexpected proving ground for AI pro...
- Quote of the day by Melinda French Gates: 'When something's uncomfortable, it means you're actually growing, so embrace that. Try not to be afraid..' ; lesson on importance of facing bitter truths from American philanthropistMelinda French Gates advocates embracing discomfort as a catalyst for growth and resilience. Her perspective gains significant weight follo...
- Income tax dept identifies up to 20,000 cases of individuals who used the ‘swapped provisions’ trick to reduce net tax liability; Know what to do now to fix thisThe Income Tax Department has flagged 15,000-20,000 cases of individuals using a 'swapped provisions' trick to unfairly reduce their tax li...
- Will the ITR filing deadline for AY 2026-27 be extended? Here's what taxpayers need to knowTaxpayers can breathe easy as the Income Tax Return (ITR) filing deadline for AY 2026-27 is unlikely to be extended. Unlike last year's tec...
- Kolkata woman made Rs 26 crore profit in stocks and paid zero tax: Here's how she did it legallyA Kolkata businesswoman, Saroj Goenka, legally saved ₹26 crore in taxes by reinvesting long-term capital gains from share sales into constr...
- ITR filing due dates for AY 2026-27: July 31 is not the deadline for every taxpayer; check 5 other tax filing due datesThe Income Tax Department has set July 31, 2026, as the deadline for most individual taxpayers, including the salaried class, to file their...
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