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SECTION 87A REBATE WITH STANDARD DEDUCTION
Income tax alert: These taxpayers could receive scrutiny notices by June 30, 2026 under Section 143(2)- Investing abroad? These 7 costly mistakes could trigger an income tax notice
- Bengaluru techie with Rs 18 lakh salary paying Rs 25,000 per month to wife as house rent to save tax, sparks debate online
- India, Nepal discusses cross-border rail connectivityIndia and Nepal have discussed cross-border railway links, including passenger services on the Janakpur-Ayodhya route, during recent joint ...13 Jun, 2026, 04.28 PM IST
- NDMC offers 10% rebate on property tax payments made by June 30The New Delhi Municipal Council announced a 10 percent property tax rebate for the financial year 2026-27. Property owners can avail this c...13 Jun, 2026, 03.28 PM IST
- NCLT rejects insolvency plea against Noida Metro Rail Corporation over pre-existing disputesThe National Company Law Tribunal has rejected an insolvency plea against Noida Metro Rail Corporation. The tribunal found genuine disputes...12 Jun, 2026, 02.26 PM IST
- Online gaming money tax dispute: GST to be charged on full value of the deposit, rules Supreme Court, know how it impacts the playersThe Supreme Court has settled India's online gaming tax dispute. GST will now be charged on the full value of player deposits, not just the...12 Jun, 2026, 12.09 PM IST
- Salaried employees beware! These 5 mistakes during ITR filing can trigger unexpected tax demandsWith the ITR filing season for AY 2026-27 now underway, many salaried taxpayers who faced TDS shocks in the last quarter of FY 2025-26 are ...12 Jun, 2026, 07.11 AM IST
- Paying rent above Rs 50,000? Failure to deduct TDS can make you an assessee in default; know what to doTenants paying over Rs 50,000 monthly rent must deduct TDS. This applies to individuals and HUFs not requiring tax audits. The TDS rate is ...11 Jun, 2026, 01.29 PM IST
- ITR filing 2026: 9 key checks every taxpayer must make for AY 2026–27India's income tax administration has become increasingly data-driven, with information from TDS/TCS reporting, SFT filings and other sourc...11 Jun, 2026, 07.43 AM IST
- To win the deep-tech race, India needs ‘General Innovation Rules’India is launching ambitious science initiatives. However, current financial rules designed for conventional procurement hinder R&D. A new ...10 Jun, 2026, 02.37 PM IST
- Delhi HC seeks Police stand on bail plea by ex-councillor Tahir Hussain in riots caseThe Delhi High Court is reviewing former AAP councillor Tahir Hussain's bail plea in a 2020 Delhi riots case. Hussain seeks relief after a ...10 Jun, 2026, 01.35 PM IST
- Employee shocked after discovering salary cut for every leave day despite annual leave entitlementA Kochi-based manager is raising concerns after their employer deducts salary for approved annual leave, a policy not disclosed during hiri...09 Jun, 2026, 08.01 PM IST
- Best tax saving mutual funds or ELSS to invest in June 2026Taxpayers can save income tax up to Rs 1.5 lakh annually by investing in Equity Linked Savings Schemes (ELSS). These tax-saving mutual fund...09 Jun, 2026, 09.38 AM IST
- India, US trade pact can be finalised after conclusion of Sec 301 investigations: OfficialIndia and the US are nearing the completion of their interim trade agreement's first phase. This crucial step hinges on the conclusion of A...08 Jun, 2026, 06.43 PM IST
- NPS withdrawal rules clarified: Postal department says pension body explains conditions to withdraw 100% NPS-Lite corpusNPS-Lite subscribers can now withdraw their entire accumulated pension wealth up to Rs 2 lakh as a lump sum, the Department of Posts announ...04 Jun, 2026, 01.56 PM IST
- Waiting for Form 16? Here’s when employers may issue it for AY 2026-27 ITR filingSalaried employees await Form 16 for Assessment Year 2026-2027. Employers must issue this crucial tax document by June 15, 2026. This form ...04 Jun, 2026, 07.11 AM IST
- Pension is salary, family pension is not: Key tax rules pensioners must know before filing ITR for AY 2026-27Pension and family pension are taxed differently under the Income-Tax Act, yet many taxpayers continue to confuse the two while filing retu...01 Jun, 2026, 07.11 AM IST
- New income tax regime: Don’t miss out on these 3 key deductions that will reduce your taxable income & help save more taxMany taxpayers mistakenly believe the New Tax Regime offers no deductions. However, salaried employees and pensioners can claim a Rs 75,000...30 May, 2026, 08.45 AM IST
- FD rate up to 8% for senior citizens investing for three years; Know list of banksSenior citizens can secure fixed deposit interest rates up to 8 percent for a three-year investment. Several small finance banks are offeri...23 May, 2026, 10.59 AM IST
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