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INCOME TAX BILL
Centre may issue nearly 3 crore more ration cards after states delete ineligible entries: Union Food Minister Pralhad JoshiUnion Food Minister Pralhad Joshi announced that approximately 3 crore new ration cards can be issued. This follows state governments remov...18 Jun, 2026, 03.48 PM IST- 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...17 Jun, 2026, 05.42 PM IST
- 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...17 Jun, 2026, 12.23 PM IST
- Do you need to file ITR if you only incurred losses from equities or mutual funds? Check the detailsIndividuals earning below basic exemption limits (Rs 2.5 lakh old, Rs 4 lakh new regime) generally don't need to file ITR. However, mandato...16 Jun, 2026, 11.21 AM IST
- India will do more to boost inflows: Finance Minister Nirmala SitharamanIndia plans further measures to attract foreign capital. Finance Minister Nirmala Sitharaman stated that additional steps will be taken if ...16 Jun, 2026, 05.30 AM IST
- ‘Rs 70,000 Salary, Rs 15.5 lakh debt, no savings, no property and a dependent mother’: Woman’s viral post on loan burden sparks financial adviceA 31-year-old woman's plea for financial help on Reddit highlighted the struggles of being the sole earner supporting her mother on a ₹70,0...16 Jun, 2026, 12.49 AM IST
- 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...12 Jun, 2026, 10.44 AM IST
- Social Security crisis 2032: Could a 22% benefit cut slash retirement income for millions of Americans if Congress fails to act?Social Security crisis 2032 is no longer a distant warning. Current projections show the trust fund could face depletion by 2032, triggerin...10 Jun, 2026, 11.22 PM IST
- These 8 banking stocks have an upside potential of up to 26% in 1 year, according to analystsIf oil prices stay at higher levels, some FPIs with exposure to the Indian banking sector through ETFs might decide to sell, putting these ...10 Jun, 2026, 12.27 AM IST
- India eyes more FDI, speed up divestment, asset monetisation as economy faces external risksIndia's government is set to accelerate reforms, focusing on attracting foreign investment and divesting assets. This strategy aims to main...09 Jun, 2026, 08.44 PM IST
- From tax exemption to FCNR(B) deposits: How India is trying to attract foreign capitalIndia is taking steps to attract foreign investment and boost its economy. The Reserve Bank of India and the government have introduced new...09 Jun, 2026, 05.20 PM IST
- Paying tax won't legitimise cash stashesThe taxman is tightening its grip on undeclared cash, with a recent tribunal ruling allowing the benami wing of the Income Tax department t...08 Jun, 2026, 12.28 AM IST
- 'Income Rs 1.7 lakh per month, savings just Rs 2,250': Couple say they are living paycheck to paycheck, mentally exhaustedA young Indian couple earning a combined ₹1.7 lakh monthly faces financial strain. High loan EMIs, including a ₹70,000 personal loan, leave...05 Jun, 2026, 11.14 PM IST
- Balance sheet trick: Decoding another manipulation, and how to spot a bad apple in your portfolio before othersThere is one line in the accounts that most investors skip because it looks routine. But behind that line can sit disputed demands, old los...05 Jun, 2026, 10.42 PM IST
- $35 million Newport beach mansion, near-zero declared income: How California techie supplied US equipment to Iran for over a decadeA dual Iranian-American tech executive, Jamshid Ghomi, was arrested at his $35 million mansion for allegedly running an illegal export oper...04 Jun, 2026, 11.39 AM IST
- Australia's lower house passes bill for biggest overhaul of taxes in decadesAustralia's parliament has approved a major tax reform. The government is curbing tax breaks for property investors to boost housing afford...04 Jun, 2026, 10.15 AM IST
- Want to exchange old gold for new jewellery? Beware of these taxesIndians exchanging old gold for new should be aware of potential taxes on sales and purchases. The Income Tax Department monitors high-valu...03 Jun, 2026, 12.30 PM IST
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