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POLITCAL DONATION INCOME TAX DEDUCTION
Rs 60 lakh cash deposit in widow's bank account triggers income tax notice for unexplained credit; she fights back and wins in ITAT Pune- Delhi techie couple donates Rs 50 to political party, claims Rs 40 lakh ITR deduction, evades Rs 5.3 crore income tax, faces IT probe
- Sold property? You may pay zero tax if these Section 82 rules under Income Tax Act 2025 are met
- Lighting lives beyond Diwali: How everyday Indians are making a difference through givingAn RBI officer, a Bengaluru retailer, a safari lodge owner and a 24-year-old money coach tell us how giving a little, steadily, lights some...02 Nov, 2026, 11.15 AM IST
- Income Tax 2026: 3 key changes in deductions & exemptions every taxpayer must knowThe Finance Act, 2026 outlines significant changes in income tax deductions and exemptions for Tax Year 2026-27. Non-resident individuals w...02 Nov, 2026, 08.43 AM IST
- Diwali giving: Make charity part of your financial plan, but watch out for these red flagsBala is helping decorate for Diwali when he comes across his old football boots, a stack of comics he’s outgrown and a torch that still wor...02 Nov, 2026, 06.30 AM IST
- Gurgaon man pays Rs 20,000 rent, takes bike trips to mountains, says Rs 30 lakhs a year is enough; blames people for spending too muchA LinkedIn post questioning whether Rs 30–50 lakh a year is enough to live in Gurgaon has sparked a debate. The author recalled paying Rs 2...31 Oct, 2026, 05.10 PM IST
- ED attaches SP leader Azam Khan's Jauhar University property worth Rs 1,170 croreThe Enforcement Directorate has provisionally attached the assets of Mohammad Ali Jauhar University in Rampur. This action is taken under t...29 Oct, 2026, 10.07 AM IST
- Indians working in UK: Per diem paid by Indian company may be tax-free in India if these conditions are metIndians working in the UK may receive per diem payments from their Indian employers. However, these payments are generally taxable in the U...29 Oct, 2026, 05.46 AM IST
- Own property in UAE? Income Tax Department nudges taxpayers to declare undisclosed assets under FAST-DS 2026, know who needs to act and what they can doUAE property owners have received communication from the income tax department regarding undisclosed assets. Taxpayers are prompted to asse...29 Oct, 2026, 05.17 AM IST
- Why is your Social Security taxed, and how much can you save? 5 ways to cut the bill and keep more retirement incomeMany American retirees pay federal taxes on their Social Security benefits, even after spending decades contributing to the system. For peo...29 Oct, 2026, 12.41 AM IST
- Ex-Cisco CEO John Morgridge & wife offered University of Wisconsin $100 million in 2014; 7 months later, their fundraising challenge brought in nearly $250 million.John and Tashia Morgridge initiated a $100 million fundraising challenge for the University of Wisconsin–Madison. They successfully matched...28 Oct, 2026, 01.04 PM IST
- Can income tax officials take your PPF savings for unpaid tax dues? Know what the law saysDealing with a tax demand? It's essential to grasp how the Income Tax Department can seize dues from different assets, while your PPF accou...28 Oct, 2026, 06.30 AM IST
- NPS subscribers are less swayed by short-term market movements now, says Axis Pension Fund CEO Sumit ShuklaAxis Pension Fund intends to enhance its National Pension System offerings to provide better retirement savings options. The introduction o...26 Oct, 2026, 11.54 AM IST
- FD rate up to 8.5% for senior citizens investing for five years; know the list of banksSenior citizens in India have exciting options for fixed deposits, with top banks enticing them with appealing interest rates. Leading the ...24 Oct, 2026, 07.00 AM IST
- UK employees receiving per diem payments must separately disclose them if they cross HMRC-specified limits; Know what employees should doIn the UK, employees receiving per diem must be mindful of reporting amounts that exceed HMRC limits, as these payments are taxable income ...24 Oct, 2026, 07.00 AM IST
- Rs 1.79 lakh US tax credit under India-US DTAA denied over late Form 67 filing; ITAT Bangalore rules in man’s favourAn Indian taxpayer from Bangalore faced a setback when his foreign tax credit was denied due to late submission of Form 67. However, the IT...24 Oct, 2026, 07.00 AM IST
- Retired bank employee claims tax exemption on Rs 9.53 lakh leave encashment, faces income tax notice and wins full relief at ITAT JaipurAfter retiring from the State Bank of India, Chhaju found himself facing a tax exemption cap of Rs 3 lakh on his leave encashment totaling ...23 Oct, 2026, 08.39 AM IST
- How control of Congress after the US midterm elections could affect your taxes and billsThe November 3, 2026, US midterm elections could influence how much Americans pay in taxes, health insurance premiums and other household e...20 Oct, 2026, 07.39 PM IST
- Transferring immovable property? How TDS compliance is now simpler with new Form 141With the introduction of Form 141, taxpayers can easily report TDS by combining several earlier forms into one streamlined approach. This u...17 Oct, 2026, 04.27 PM IST
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