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INCOME TAX IMPLICATIONS OF WINNING IN ONLINE GAMES
Psychology says adults who play video games online extensively aren't lazy: What psychology explains about gaming behaviorPsychology says adults who play video games online extensively aren't lazy or disconnected from life in every case. Psychology explains tha...30 Jun, 2026, 06.25 PM IST- Which mutual funds are best for SWP? Expert explains, also decodes STP tax implicationsChoosing the right mutual funds for a Systematic Withdrawal Plan (SWP) hinges on individual financial goals, investment horizon, and risk t...30 Jun, 2026, 11.37 AM IST
- ITR filing season AY 2026-27: Received Section 143(2) notice for AY 2025-26? What it means and how to respondAs Section 143(2) scrutiny notices for AY 2025-26 reach taxpayers during the ITR filing season for AY 2026-27, this article explains why ta...30 Jun, 2026, 10.28 AM IST
- Powerball jackpot winning numbers for June 29 revealed - Check who won the $360 million jackpot on Monday nightThe Powerball jackpot has surged to an estimated $360 million for the June 29 drawing, with no winner in the previous draw. The current jac...30 Jun, 2026, 08.56 AM IST
- Working abroad? You may pay zero tax on selling Indian shares if you meet this conditionIndians working abroad can now potentially avoid paying tax on selling Indian shares. The key is to have purchased these shares using conve...30 Jun, 2026, 07.26 AM IST
- Gaming founders appeal to GST Council for personal liability relief after Supreme Court rulingReal money gaming founders are urging the GST Council to shield them from personal tax liabilities and offer amnesty on past dues following...30 Jun, 2026, 12.05 AM IST
- Watch: Canadian fan's phone accidentally flies out of her hand while doing the Mexican wave during Canada's FIFA World Cup clash with South AfricaA Canadian fan's phone tumbled during a Mexican wave at the FIFA World Cup 2026 match against South Africa, creating a viral moment. While ...29 Jun, 2026, 09.09 AM IST
- Didn’t report FD interest in your ITR? Here’s how you can still correct the mistakeMissed reporting your Fixed Deposit interest in your Income Tax Return? Don't worry, you can still fix it. The Income Tax Department receiv...27 Jun, 2026, 10.38 AM IST
- 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...27 Jun, 2026, 08.09 AM IST
- Senior citizen mistakenly paid tax on tax-free VRS compensation; wins complete relief from ITAT Chennai on this groundA senior citizen wrongly paid tax on Rs 24 lakh retrenchment compensation received under a BSNL Voluntary Retirement Scheme. Despite a sign...26 Jun, 2026, 12.13 PM IST
- Powerball jackpot nears $350 million for June 27 drawing - What the winner could actually take home on Saturday nightThe Powerball jackpot has surged to an estimated $348 million after no winner emerged in Wednesday's drawing. Players now have until Saturd...26 Jun, 2026, 08.22 AM IST
- ITAT: Accrued interest component on non-convertible debentures sales is taxable as interest incomeThe ITAT has held that the accrued interest component embedded in sale proceeds from non-convertible debentures cannot automatically be tre...24 Jun, 2026, 08.32 PM IST
- No Form 16? Here's how salaried taxpayers can file ITR using AIS and Form 26AS for FY 2025-26Salaried individuals awaiting Form 16 for ITR filing can still proceed without it. Employers must issue this TDS certificate by June 15th. ...24 Jun, 2026, 03.27 PM IST
- Powerball jackpot rises to $327 million for June 24 drawing - Here's what the winner could actually pocket on Wednesday nightThe Powerball jackpot has surged to an estimated $327 million for the June 24 drawing, with no winner in Monday's game. Players can opt for...24 Jun, 2026, 09.04 AM IST
- Income Tax AY 2026-27: Even if your salary income is below Rs 12.75 lakh, you still need to pay tax for these incomesIncome Tax AY 2026-27: Salaried individuals earning up to Rs 12.75 lakh annually may enjoy zero tax liability due to enhanced Section 87A r...23 Jun, 2026, 02.14 PM IST
- Have a US 401(k)? Indians must report withdrawals and maturity details in ITR schedules FSI and FAIndian taxpayers with US 401(k) accounts must now report withdrawals and maturity details in ITR schedules FSI and FA. Failure to disclose ...23 Jun, 2026, 11.30 AM IST
- Online gaming money tax dispute: GST to be charged on full value of the deposit, rules Supreme Court, know how it impacts the playersThe Supreme Court has settled India's online gaming tax dispute. GST will now be charged on the full value of player deposits, not just the...12 Jun, 2026, 12.09 PM IST
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