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LOSS PROVISIONING
ITR filing guide: Know when tax return filing is mandatory, who needs to file and who is exemptIndividuals and Hindu Undivided Families (HUFs) are required to file income tax returns (ITR) if their total taxable income before the appl...29 Jun, 2026, 01.06 PM IST- As Supreme Court's term nears its end, three major Trump rulings dueThe U.S. Supreme Court is nearing the end of its term with crucial decisions pending. Key cases involve President Trump's authority to fire...28 Jun, 2026, 03.36 PM 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
- Chocolate, juice, noodles, tofu, protein powder, cooking oil, water & more under FSSAI action; Here's which brands were called out for misleading claimsIndia's food regulator, FSSAI, has cracked down on numerous food businesses for making misleading claims on product packaging. Companies ar...26 Jun, 2026, 12.12 PM IST
- Centre set to tighten oversight of pharma packaging materialsIndia is set to implement a mandatory registration for printed pharmaceutical packaging manufacturers to combat counterfeit drugs. This mov...26 Jun, 2026, 08.10 AM IST
- Federal judge halts Trump's election executive order seeking to create a federal voter listUS District Court Judge Indira Talwani, who was nominated by Democratic President Barack Obama, sided with a coalition of nearly two dozen ...25 Jun, 2026, 09.11 PM IST
- Over 5,100 forest fires affected 11,580 hectares in Maharashtra in 2023-24: Minister NaikMaharashtra witnessed over 5,100 forest fires in 2023-24, impacting nearly 11,600 hectares. Gadchiroli alone reported over 7,000 incidents....25 Jun, 2026, 02.19 PM IST
- White House seeks $87.6 billion from Congress for Iran war costs, US farmers and Ebola responseThe White House has formally requested $87.6 billion, primarily to replenish the Pentagon following the U.S. war against Iran. This comes a...25 Jun, 2026, 06.17 AM IST
- RBI finalises digital banking fraud protection rules; introduces shadow reversal, extends relief to sole proprietorsVictims of digital payment fraud losing up to Rs 50,000 can now get up to Rs 25,000 compensation from banks, effective January 1, 2027. The...25 Jun, 2026, 01.17 AM IST
- India rewrites telecom rulebook, replacing licence contracts with statutory authorisationsNew government rules replace the telecom industry's contractual licensing with a unilateral statutory model. Operators will now receive aut...25 Jun, 2026, 12.49 AM IST
- 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
- Husband trades through wife’s demat account, incurs Rs 1.95 crore loss; tax dept sends notice over clubbing of income, ITAT Lucknow grants him reliefA husband's attempt to offset substantial stock market losses against his income was initially rejected by tax authorities. Despite trading...22 Jun, 2026, 03.43 PM IST
- TMC's Aroop Biswas appears before police in Messi event irregularities probeFormer West Bengal minister Aroop Biswas faced a second questioning by Bidhannagar Police regarding alleged irregularities in the Lionel Me...22 Jun, 2026, 01.24 PM IST
- West Bengal govt to bring two bills to tackle public disorder, attacks on police, public servantsWest Bengal is introducing two new bills to combat public disorder, vandalism, and attacks on officials. One bill amends the Public Order A...21 Jun, 2026, 02.03 PM IST
- When a small footnote is used as a tool to make a weak balance sheet look strongThis is the uncomfortable truth about company accounts. A number on a balance sheet is not always cash that will return, and a liability tu...19 Jun, 2026, 09.01 PM IST
- Meta lobbies Congress for protection from child-harm lawsuitsIf adopted by lawmakers and passed into law as part of the Kids Online Safety Act (KOSA) under consideration in the U.S. Senate, such a pro...19 Jun, 2026, 07.32 AM IST
- Bank provisioning at 3-year low on better recoveries, asset qualityBanks' loan loss provisioning hit a 12-quarter low in March 2026, driven by private sector banks amid improving asset quality and recoverie...17 Jun, 2026, 06.02 AM IST
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