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LOGICAL DEDUCTION
To win the deep-tech race, India needs ‘General Innovation Rules’India is launching ambitious science initiatives. However, current financial rules designed for conventional procurement hinder R&D. A new ...
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...
Donald Trump immunity from IRS audit shocks experts, who warn it could undermine trust in tax systemDonald Trump's tax probes have ended. The Internal Revenue Service agreed to drop all pending investigations into the former president's ta...
Quote of the Day by Sir Arthur Conan Doyle: 'You are my heart, my life…'—Inspiring quotes by the writer who created the famous detective Sherlock HolmesQuote of the Day: Sir Arthur Conan Doyle, creator of Sherlock Holmes, penned a quote expressing profound love. His words, 'You are my heart...
New Form 141 introduced for TDS filing: 4 existing forms merged into one challan-cum-statementThe Income Tax Department has introduced Form 141, a consolidated challan-cum-statement, merging four previous TDS forms. This new form sim...
The hidden architecture of debt: How companies can make their debt obligations disappearInvestors often read balance sheets, earnings reports, and ratios as if they show the full picture. But even when the numbers are technical...
New income tax rules from April 1, 2026: From HRA relief to new ITR deadlines, key changes explainedNew income tax rules: Significant income tax changes are coming from April 1, 2026, with the Income Tax Act of 2025 replacing the 1961 act....
Quote of the day by Arthur Conan Doyle: 'Once you eliminate the impossible, whatever remains, no matter how improbable, must be...' - life lessons on critical thinking and logic by creator of Sherlock Holmes and A Study in Scarlet authorQuote of the day by Arthur Conan Doyle: Arthur Conan Doyle, creator of Sherlock Holmes, offered a powerful quote on truth and logic. His wo...
Spinoza's GodAlbert Einstein once spoke of his belief in Spinoza's God. This God reveals Himself in the orderly harmony of existence. It is not a God co...
NYT Connections Hints October 4: Solve today’s simple puzzle #845 with these clues and answersConnections has carved a niche for itself alongside Wordle as a daily brain exercise. Its unique format, mixing wordplay and logic, has spa...
Wordle Hints Today: Solve the Monday puzzle #1563 with these clues and Answer for September 29Wordle has become more than just a pastime. It is now a cultural marker, sparking conversations, memes, and even competitive streaks among ...
Wordle Hints August 12: Solve today’s puzzle #1515 with this complete guideSince being acquired by the New York Times in early 2022, Wordle has expanded far beyond its initial player base. It has inspired numerous ...
Having these skills can help you save your jobThe skills of critical thinking and problem solving are increasingly valuable as technology advances and the future of work remains uncerta...
Uncertainty over tax status worries individuals stuck in India amid virus restrictionsThe Central Board of Direct Taxes (CBDT) had exempted the period of such forced stay in India while ascertaining residency status for taxat...
Taxman disallows AMP deductions sought by MNCsTax experts point out that it is for the first time that the department is using Section 37 for disallowing advertising, marketing, sales p...
Why rejig of financial year could upset your tax planningTax planning will have to start much earlier as companies ask employees for proof of Section 80C investments in the first week of October.
Government must undo Chidambaram's injustice and bring back standard deduction for salariedChidambaram withdrew the standard deduction on the grounds that there was an equivalent increase in basic exemption limit and in 80C deduct...
Restore standard deduction for the salaried, pillar of the state’s tax effortsAt one level, it might seem illogical for this paper to argue the case for restoration of standard deduction for salaried employees.
- No tax relief likely for MTM loss
These companies may find it difficult to convince the income tax (I-T) department to allow MTM losses as deduction.
- Payment by shares to acquire knowhow eligible for tax sops
Payment by issue of shares, for the purpose of acquiring know-how, is eligible for tax deduction, according to a ruling by Income-Tax Appel...