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ET Prime Special Series: Multibagger or IBC - Part 60: This auto ancillary built its empire on one family. Can it survive the EV test?It began life making bicycle parts in Gujarat, the changed its name and business. That created scale, stability, and growth. A single custo...
Maximum 39% marginal rate of income tax applicable for these individuals in Tax Year 2026-2027Individuals and certain entities will face a maximum 39% income tax rate under the new tax regime for Tax Year 2026-2027. This Maximum Marg...
Got income tax notice or facing income tax scrutiny? Budget 2026 offers relief through revised, updated ITR, and immunity from prosecutionWith data analytics tightening the tax net, salaried taxpayers are increasingly facing income tax notices over small mismatches flagged thr...
ET Prime Special Series: Multibagger or IBC - Part 38: For this auto ancillary, EV transition is less about volumes, more about valueThis story examines the evolution of a commercial vehicle-focused auto ancillary that has steadily expanded beyond its traditional products...
Retired govt employee claims Rs 20 lakh gratuity tax exemption; I-T Dept imposes Rs 2.2 lakh penalty; ITAT Cochin rules in her favourA retired state employee successfully challenged a Rs 2.2 lakh penalty imposed for claiming a higher gratuity tax exemption. The Income Tax...
Supreme Court quashes RBI circular on debt resolutionThe circular asked banks to either resolve or file for insolvency taking away their discretion to not to act on bad loans.
Will your PAN become invalid if not linked with Aadhaar by March 31? Experts differLast date to link PAN with Aadhaar is March 31. However, CAs and legal experts have differing opinions on the validity of PAN after the dea...
Scared of tax penalties and imprisonment on black money? This may help you get immunityHowever, the final decision on whether to grant immunity or not rests with the concerned tax authority where you have appealed for the same.
Demonetisation row: Penalties, prosecution that tax department can slap on black money holdersHere is a list of various penalties that can be imposed on you for different defaults and the provisions which can help you get immunity fr...