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SOLD UNLISTED SHARES AND WINS TAX CASE
Income tax department slaps notices on foreign investors with no earningsForeign investors are receiving unexpected tax notices in India, even for transactions where no profit or dividend was earned. The tax depa...- SBI Funds Management seeks Rs 2,000 crore in pre-IPO roundSBI Funds Management, India's largest mutual fund, is planning a significant IPO, potentially raising up to ₹2,000 crore through a pre-IPO ...
- A scratch card participant, begging for change, wins half a million in Pesaro but can't claim it due to a lack of residency permitsA Nigerian man in Italy, Imagbe Ehizomwengie, won €500,000 on a scratchcard but couldn't claim it due to lacking a residency permit. His jo...
- Powerball jackpot nears $400 million for July 4 drawing - What the winner could actually take home on Saturday nightPowerball fever is gripping the nation as the jackpot surges to an estimated $396 million for the July 4 drawing. No one claimed the grand ...
- Made less than Rs 1.25 lakh LTCG from equities this year, do you need to file ITR?Even if your long-term capital gains from stocks are under Rs 1.25 lakh, you must still file your Income Tax Return for AY 2026-27. While t...
- Powerball jackpot winning numbers for July 1 revealed - Check who won the $375 million jackpot on Wednesday nightThe Powerball jackpot has surged to an estimated $375 million for the July 1 drawing, with no winner in Monday's draw. The eventual winner ...
- Powerball jackpot surges to $375 million for July 1 drawing - What the winner could actually take home on Wednesday nightThe Powerball jackpot has surged to an estimated $375 million for the July 1 drawing after no ticket matched Monday's winning numbers. Play...
- Stock traders' alert: When income tax audit becomes mandatory for AY 2026-27Stock market traders, especially those involved in intraday and F&O trading without a registered business, need to understand tax audit rul...
- E25 petrol blend's test drive begins; study report expected by end of next yearIndia is embarking on testing E25 petrol, which contains 25% ethanol, to evaluate its capabilities in vehicles. This initiative seeks to bo...
- Powerball jackpot winning numbers for June 29 revealed - Check who won the $360 million jackpot on Monday nightThe Powerball jackpot has surged to an estimated $360 million for the June 29 drawing, with no winner in the previous draw. The current jac...
- Working abroad? You may pay zero tax on selling Indian shares if you meet this conditionIndians working abroad can now potentially avoid paying tax on selling Indian shares. The key is to have purchased these shares using conve...
- ITR filing 2026: Foreign income and overseas assets? Avoid these 7 costly disclosure mistakesReturning Indians face new tax filing complexities. Foreign retirement accounts now necessitate the more detailed ITR-2, moving away from t...
- Anubhav Plast shares list flat at IPO price of Rs 80 on BSE SME platformAnubhav Plast shares debuted at their IPO price of Rs 80 on the BSE SME platform, mirroring grey market expectations. The company's Rs 80 c...
- Strong bet! SBI Mutual Fund investors already sitting on 3x returns ahead of IPO launchSBI Mutual Fund’s unlisted shares have delivered nearly 3.8x returns over the past three years, helped by sharp price appreciation and a 3:...
- Forged Will row: Buyer should not face criminal case for purchasing land on the basis of Will which police found to be forged; rules SCThe Supreme Court has shielded an innocent land buyer from criminal charges in a forged Will case. The buyer, unaware of the forgery, purch...
- Powerball jackpot nears $350 million for June 27 drawing - What the winner could actually take home on Saturday nightThe Powerball jackpot has surged to an estimated $348 million after no winner emerged in Wednesday's drawing. Players now have until Saturd...
- Powerball jackpot winning numbers for June 24 revealed - Check who won the $327 million jackpot on Wednesday nightThe Powerball jackpot has surged to an estimated $327 million for the June 24 drawing, with no winner in Monday's draw. The current jackpot...
- 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...
- Kolkata woman made Rs 26 crore profit in stocks and paid zero tax: Here's how she did it legallyA Kolkata businesswoman, Saroj Goenka, legally saved ₹26 crore in taxes by reinvesting long-term capital gains from share sales into constr...
- Man sold unlisted shares, bought Rs 5.65 cr house, faced income tax scrutiny; he fought back and won in ITAT Delhi despite low income declarationMr. Bansal successfully appealed a tax demand after claiming Section 54F exemption on Rs 7.59 crore long-term capital gains from unlisted s...
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