Mumbai IT professional claims Rs 3.91 lakh TDS, gets only Rs 79,000 and Rs 3.36 lakh tax demand as employer failed to deposit tax; here's what happened nextITAT Mumbai found that full TDS credit has not been granted since assessee’s employer has deducted TDS but has not remitted the same to the...
26 Jun, 2026, 03.45 PM IST
Senior citizen mistakenly paid tax on tax-free VRS compensation; wins complete relief from ITAT Chennai on this groundA senior citizen wrongly paid tax on Rs 24 lakh retrenchment compensation received under a BSNL Voluntary Retirement Scheme. Despite a sign...
26 Jun, 2026, 12.13 PM IST
Taking a second loan for home loan repayment? Claim tax deduction on both under old tax regime for Tax Year 2026-2027Homeowners can now potentially claim tax deductions on interest paid for both their original home loan and a subsequent loan taken to repay...
26 Jun, 2026, 10.58 AM IST
Reserve Bank of India issues final rules on credit derivativesThe rules will allow resident Indian non-retail users to deploy instruments such as credit default swaps and total return swaps without an...
26 Jun, 2026, 05.57 AM IST
US judge blocks Trump administration's new student loan restrictionsA federal judge has halted a Trump administration rule that would have lowered student loan limits for graduate nursing and healthcare stud...
25 Jun, 2026, 10.13 PM IST
US judge blocks Trump administration's new student loan restrictionsA federal judge has halted a Trump administration rule that would have lowered student loan limits for graduate nursing and healthcare stud...
25 Jun, 2026, 05.43 PM IST
Alta Capital-backed Elevate, IIT Madras in pact for 1,800-bed student housing projectElevate Campuses, backed by Alta Capital, is partnering with IIT Madras on a Rs 400-crore student housing project. This large-scale public-...
24 Jun, 2026, 10.39 PM IST
Bihar govt approves setting up of five new private universitiesBihar's cabinet has approved the establishment of five new private universities to boost higher education access. Additionally, new teacher...
24 Jun, 2026, 09.17 PM IST
ITAT: Accrued interest component on non-convertible debentures sales is taxable as interest incomeThe ITAT has held that the accrued interest component embedded in sale proceeds from non-convertible debentures cannot automatically be tre...
24 Jun, 2026, 08.32 PM IST
Will the ITR filing deadline for AY 2026-27 be extended? Here's what taxpayers need to knowTaxpayers can breathe easy as the Income Tax Return (ITR) filing deadline for AY 2026-27 is unlikely to be extended. Unlike last year's tec...
24 Jun, 2026, 05.05 PM IST
Studying in Germany? Here's when international students can skip statutory health insuranceInternational students in Germany can now apply for an exemption from mandatory statutory health insurance if they possess qualifying cover...
23 Jun, 2026, 12.38 PM IST
Rs 17.25 lakh income of an employee was added as taxable salary despite working in UK; ITAT Delhi gives him relief under India-UK DTAAThe Income Tax Appellate Tribunal (ITAT) Delhi has ruled that even if a non-resident salaried individual has received any ‘per-diem’ paymen...
23 Jun, 2026, 11.08 AM IST
'Why allow someone 5 minutes late but not 15?': Heartbreaking videos of students crying after being denied entry to NEET exam hall surfacesDistressing videos show students denied entry to the NEET exam, sparking public outcry. One student, reportedly scoring over 680, missed th...
22 Jun, 2026, 11.12 AM IST
New US visa rule could change how long international students can stay in the countryUS authorities are set to replace the 'duration of status' system for international students with fixed stay periods. This significant poli...
22 Jun, 2026, 10.47 AM IST
NEET-UG re-test: Brief tension outside Ahmedabad centre over hijab, sacred threadA brief commotion erupted outside an Ahmedabad NEET-UG re-test centre Sunday as parents protested the removal of Hindu sacred threads durin...
21 Jun, 2026, 05.44 PM IST
Wife earning over Rs 60,000 seeks maintenance from husband with Rs 1 lakh income; court draws lineA Delhi court has declined a woman's request for interim maintenance despite her husband's monthly income exceeding Rs 1 lakh, observing th...
18 Jun, 2026, 12.48 PM IST
What will happen after July 1? Millions of SAVE borrowers must act before federal student loan rules change as repayment options disappearMillions of SAVE borrowers must act before federal student loan rules change as repayment options disappear. Nearly 7.5 million borrowers c...
08 Jun, 2026, 11.04 PM IST