Three former AIADMK ministers and several party functionaries defected to the ruling TVK in Mamallapuram, citing disillusionment with the A...

Delhi's new EV Policy 2026 aims to make electric vehicles economically attractive for citizens. Chief Minister Rekha Gupta highlighted that...

Retirement planning often pits National Pension System (NPS) against equity mutual funds. While mutual funds offer flexibility and potentia...

India has adjusted its windfall taxes on fuel exports, slashing duties on diesel and aviation fuel while increasing the tax on petrol expor...

Britain is proposing asylum seekers repay around £10,000 for accommodation and support before settlement eligibility. This move aims to det...

Indians working abroad can now potentially avoid paying tax on selling Indian shares. The key is to have purchased these shares using conve...

Individuals and Hindu Undivided Families (HUFs) are required to file income tax returns (ITR) if their total taxable income before the appl...

Kerala Assembly Speaker Thiruvanchoor Radhakrishnan refuted claims of supporting low-alcohol liquor sales during his previous tenure. He st...

A significant leadership change is imminent in Britain as Andy Burnham prepares to succeed Prime Minister Keir Starmer. Burnham, recognized...

A senior citizen wrongly paid tax on Rs 24 lakh retrenchment compensation received under a BSNL Voluntary Retirement Scheme. Despite a sign...

Ahead of Assam's 2026-27 State Budget, industry body FINER urges higher central fund devolution and tax net expansion. They praise the Prof...

The Income Tax Department has flagged 15,000-20,000 cases of individuals using a 'swapped provisions' trick to unfairly reduce their tax li...

Income 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...

ET Wealth Reader's Query: In 2025, I sold a residential property, which was purchased in 2008 in the joint names of my wife and I. However,...

The "Nature of Employment" field in the ITR is more than a routine disclosure. An incorrect selection can affect certain tax benefits, incl...

The I-T Department’s growing scrutiny, using AI and data analytics tools, leaves little room for omissions and errors, making accurate tax ...

Self-employed individuals and salaried employees not receiving House Rent Allowance (HRA) can claim tax benefits for rent paid under Sectio...