Rs 17.25 lakh income of an employee was added as taxable salary despite working in UK; ITAT Delhi gives him relief under India-UK DTAAThe Income Tax Appellate Tribunal (ITAT) Delhi has ruled that even if a non-resident salaried individual has received any ‘per-diem’ paymen...
23 Jun, 2026, 11.08 AM IST
NRI credit cards: Rewards and lounge access aren’t everything, what more NRIs should know before getting an Indian credit cardFor Non-Resident Indians (NRIs), an Indian credit card offers significant benefits beyond convenience, including building a crucial CIBIL s...
20 Jun, 2026, 06.30 AM IST
South Korea labour minister calls on tech firms to share excess AI profits with suppliers, staffIn an interview, Kim Young-hoon told Reuters that companies like Samsung Electronics that outperform profit targets should consider sharing...
05 Jun, 2026, 08.05 AM IST
Have you downloaded the Trump Accounts app? Your child could qualify for a free $1,000— check eligibility nowTrump Accounts are moving closer to launch, with eligible families set to access a $1,000 government-funded investment bonus for qualifying...
02 Jun, 2026, 05.01 AM IST
SC verdict on GST leaves real-money gaming firms staring at a Rs 92,000-crore questionWednesday’s ruling, backing tax demands on past transactions, could have major financial implications for the sector. A lawyer representing...
28 May, 2026, 11.09 AM IST
Samsung union says to embark on 48,000-strong strike on Thursday after impasse on bonusesSamsung Electronics workers plan a major strike on Thursday. Talks over bonus payments have stalled. This action could disrupt South Korea'...
20 May, 2026, 02.06 PM IST
South Korea stocks gyrate as top aide floats AI ‘dividend’South Korea is considering a 'Citizen Dividend' from AI profits. A top policymaker proposed using excess tax revenue to benefit all citizen...
16 May, 2026, 01.11 PM IST
18 days. That's all it takes for a Samsung strike to crash the global AI chip market, and the whole world is holding its breathSamsung strike to crash the global AI chip market: The Samsung strike threatens global AI chip supply chains as 45,000 workers plan an 18-d...
15 May, 2026, 10.11 PM IST
At Samsung, the global AI boom spurred a looming strike and deep divisionsA major strike looms at Samsung Electronics over AI boom profits. Over 45,000 workers demand fair bonus distribution. The dispute could dis...
15 May, 2026, 07.50 PM IST
Profit on paper, loss in reality: How a routine accounting tool is used to deceive and take investors for a rideAmortisation is a number most investors skip, but it can shape reported profit. On the surface, it looks routine: A company spreads the cos...
15 May, 2026, 06.58 PM IST
South Korea’s radical 'AI dividend' proposal: A bold future or a market nightmare?South Korea is discussing sharing the wealth generated by artificial intelligence. A government official suggested distributing AI profits,...
12 May, 2026, 11.43 AM IST
Tax-free allowances rise, so do employer costs: The salary structuring dilemma under the Social Security CodeEnhanced tax-free allowances under the Income-Tax Rules, 2026 can improve employees’ take-home pay. However, the expanded definition of “wa...
06 May, 2026, 07.33 AM IST
Stop overpaying taxes: SSA rules explained — hidden ways to saveMany people think Social Security Administration income is always tax-free, but that is not true. Taxes depend on your total income and rul...
04 May, 2026, 06.01 PM IST
RSU vs ESOP: Which is better for you as employee? Pros and cons explainedFrom vesting-day perquisite taxes to a 40% US estate levy that most Indian professionals never see coming, your employer’s stock is not the...
04 May, 2026, 11.02 AM IST
Employee expecting 'good appraisal' gets shocked after salary decreases due to increment. 'There was nothing I could do'A Reddit user shared his experience of expecting a strong appraisal after joining a company just before the review cycle, only to receive a...
01 May, 2026, 10.59 PM IST
If I gift my Rs 2 lakh to my wife who plans to invest in FD, who will pay income tax on interest earned?ET Wealth Reader's Query: I am the only earning member of my family. My company has given me a bonus of Rs 2 lakh this year (after deductin...
28 Apr, 2026, 02.17 PM IST
Why your year-end bonus looks lighter this year — taxes, fees and hidden deductions explainedBonus tax withholding: Americans opening year-end bonus statements face a shock. A large chunk of extra pay vanishes immediately due to tax...
30 Dec, 2025, 12.27 AM IST