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From immigration records to a $29.9 million asset discrepancy: The questions surrounding Ilhan OmarFederal agents searched Ilhan Omar's home, focusing on her childhood immigration documents and financial disclosures. The investigation con...- CreditAccess Grameen to raise $175 million overseas loans from DBS, Standard Chartered and othersCreditAccess Grameen is in the process of securing a $175 million loan from several international lenders. This funding will help enhance t...
- GST e-invoicing may cover services imports from unregistered companiesThe Indian government is set to enhance GST reporting for imported services through e-invoicing. This expansion will affect businesses with...
- Trump’s AI liability push opens blame game for models gone rogueHolding AI developers financially responsible for the safety of their products has won support from Treasury Secretary Scott Bessent and fo...
- GST reforms: No tax on toll collection by highway concessionaires; road maintenance tax liability clarifiedThe GST Council has clarified that highway concessionaires collecting exempt tolls will face no GST liability on the toll collection right,...
- FD rate up to 8.25% for senior citizens investing for five years; know the list of banksCurrently, multiple banks are offering attractive fixed deposit interest rates that go up to 8.25% specifically for senior citizens. Suryod...
- This $2,000 IRS tax credit can help pay for college in 2026, but there's an income catchTaxpayers pursuing education may benefit from the Lifetime Learning Credit for eligible expenses incurred. This credit covers 20% of up to ...
- 27 FIRs in 7 days: Legal crackdown ensues over protests against CEC Gyanesh KumarOver a week, law enforcement registered 27 FIRs against protesters targeting the Chief Election Commissioner, Gyanesh Kumar. The police uti...
- Good news: If penalty is imposed for misreporting of income or other cases you can apply for waiver of penalty using revised Form 161; Check the detailsOn October 8, 2026, the Central Board of Direct Taxes introduced a revised Form 161 for taxpayers. This new form allows eligible individual...
- Good news for employees: Input Tax Credit on group health and life insurance allowed; Know how it employeesNow GST input tax credit to emoyers on group insurance; this can mean more life and health insurance coverage for employees; Know how it he...
- Bank profits may rise 25% in Q2FY27, margins to recover gradually in second half: ReportAccording to a report by Emkay Research, Indian banks might report a 25.4 percent year-on-year increase in net profit. Higher foreign curre...
- Be agent provocateur: India's internet needs an AI makeoverAs India's digital ecosystem experiences rapid transformation, it is imperative to enhance support for the growing presence of AI agents in...
- Tax credit vs deduction in 2026: How a $20,000 credit could cut a $50,000 tax bill to $30,000IRS tax credit and deduction explained: A tax credit and a tax deduction can both lower your tax burden, but they work differently. Here’s ...
- Karnataka HC questions ED over 12-year delay in FEMA case against Cafe Coffee Day CEO Malavika HegdeThe Karnataka High Court on Tuesday questioned the Enforcement Directorate over initiating FEMA proceedings against Cafe Coffee Day CEO Mal...
- Majority of banks see credit growth outpacing deposits in Q2, RBL Bank leads the wayIn the second quarter, most banks experienced higher credit growth compared to deposit growth. HDFC Bank and Bank of India were notable exc...
- L’Oréal turns to restructuring advisers as US lawsuits pile upc. The company's US unit is collaborating with Weil Gotshal & Manges and Ducera Partners for potential restructuring. Multiple lawsuits all...
- This investor faces a Rs 16 lakh LTCG tax liability after selling property. Should she claim a tax exemption or invest the proceeds in mutual funds?A 57-year-old investor faces Rs 16 lakh LTCG tax after selling land near Jewar airport. Experts suggest verifying the liability before deci...
- Ease of biz relief in store for small ecomm sellersThe Goods and Services Tax Council meeting is set to discuss proposals benefitting small ecommerce sellers. If approved, these sellers coul...
- MTNL shares rally 17% as board approves Rs 892 crore Powai property sale amid debt worriesMTNL shares rose sharply after the company’s board approved the sale of its Powai property in Mumbai to the Income Tax Department for Rs 89...
- India's net claims of non-residents rise to USD 220.3 billion in June 2026: RBINet claims of non-residents on India increased significantly in the first quarter of FY26-27. The rise was driven by an increase in externa...
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