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Income tax dept identifies up to 20,000 cases of individuals who used the ‘swapped provisions’ trick to reduce net tax liability; Know what to do now to fix thisThe Income Tax Department has flagged 15,000-20,000 cases of individuals using a 'swapped provisions' trick to unfairly reduce their tax li...
Tata Power's Mundra plant mandated to run at full capacity till SeptemberThe power ministry has directed Tata Power's 4,150 MW Mundra plant to operate at full capacity until September 30, 2026. This extension aim...
The San Andreas fault just reached a level scientists haven’t seen in 1,000 years—Is California ready for what comes next?A new study suggests the San Andreas Fault has reached stress levels not seen in nearly 1,000 years. While scientists are not predicting an...
Govt revises penalties under FCRA involving receipt of foreign contributions by NGOsNew penalties are now in place for NGOs misusing foreign funds. The Home Ministry has revised compounding penalties for various FCRA violat...
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...
UPTET Exam City 2026 Official Website Link: Check direct link to download city intimation slip, admit cardUPTET exam city 2026 official website: Aspiring teachers can now check their UP TET 2026 exam city via the intimation slip released on June...
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...
Oppn parties worried over BSP fielding Brahmin candidates for UP polls: MayawatiBSP chief Mayawati asserts that opposition parties, particularly the Samajwadi Party, are showing anxiety over her party's strategy of fiel...
What is DTAA? How to avoid double taxation on foreign income and claim tax credit in IndiaIf you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 1...
'You useless fellows...': Mallikarjun Kharge warns of disciplinary action after workers chant slogans for DK Shivakumar"Will the entire country be affected if you shout here? This is not an individual's programme, it is a party programme. You useless fellows...
India, US to hold ministerial-level talks on bilateral trade pact this weekIn a significant development, India and the US are set to conclude the first phase of their trade agreement this week. Commerce Minister Pi...
Ensure expeditious finalisation of cadre review: Central Secretariat Service officers to PMOCentral Secretariat Service (CSS) officers are urging the Prime Minister's Office to expedite the finalisation of their fourth cadre review...
Manipur CM Yumnam Khemchand Singh calls for united state as only path forwardManipur Chief Minister Yumnam Khemchand Singh emphasized unity as the sole path forward for all communities, highlighting collective sacrif...
Paying rent but not receiving HRA? Here’s how non-salaried individuals can claim tax deductionSelf-employed individuals and salaried employees not receiving House Rent Allowance (HRA) can claim tax benefits for rent paid under Sectio...
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...
SC seeks ECI, Centre responses on plea against Aadhaar use beyond identity proofThe Supreme Court is examining a plea to ensure Aadhaar is used solely for identity verification. The petition argues its use for citizensh...
Will Rs 32 lakh EPF corpus withdrawal be tax-free? Are there better options than withdrawing?ET Wealth Reader's Query: I contributed to EPF until 2021 while working at an MNC. Since moving to a startup in 2022 that doesn’t offer PF,...