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STATE TAXES ON FORGIVEN LOANS
PayU India posts first full-year operating profit in FY26; revenue rises 13%During the second half of FY26, PayU India also exited certain "negative margin portfolios", impacting its sequential revenue growth. In th...- ITR filing guide: Know when tax return filing is mandatory, who needs to file and who is exemptIndividuals and Hindu Undivided Families (HUFs) are required to file income tax returns (ITR) if their total taxable income before the appl...
- ED questions CMRL Joint MD again in CMRL-Exalogic money laundering probeThe Enforcement Directorate (ED) has questioned Sharan S Kartha, Joint Managing Director of CMRL, for the second time in a money laundering...
- IIFCL plans $1 billion loan from overseas investors; in talks for $400 million ADB fundingIndia Infrastructure Finance Company is set to secure a substantial $1 billion foreign-currency loan, potentially its largest to date, and ...
- NCP (SP) leader Rohit Pawar launches stir over farm loan waiver, accuses Maharashtra government of betrayalNCP (SP) leader Rohit Pawar has initiated a farmers' protest in Chhatrapati Sambhajinagar, accusing the Maharashtra government of reneging ...
- Can a mutual fund SWP pay your home loan EMIs? 15 years of data says think againMost investors struggle as they watch their portfolio shrink while EMI obligations remain fixed. The temptation to stop the SWP or redeem t...
- Quote of the day by Jennifer Aniston: 'Families are things to be forgiven. Who among us hasn’t tried - successfully or not - to forgive our family? I have forgiven' - A powerful lesson in forgiveness, healing and moving forward by Friends, The Morning Show actressHollywood actress Jennifer Aniston's simple yet profound words remind us that no family is perfect and that forgiveness is often the key to...
- Why clean land records are key to India's property marketStates are rapidly digitizing land records to streamline India's complex property market. This move aims to curb disputes, speed up transac...
- Quote of the day by Jane Austen: 'Selfishness must always be forgiven you know, because...' Life lessons on radical acceptance, self-awareness, selective forgiveness, the power of boundaries, radical acceptance and human natureQuote of the day by Jane Austen reminds readers that some human traits are difficult to change. The famous line from Mansfield Park explore...
- CA explains how one simple home loan trick can save you lakhs and cut years off your loanA simple annual habit can dramatically cut home loan costs. By paying just one extra EMI each year, a borrower named Vishal saved approxima...
- Husband has to pay income tax on wife’s earnings from FD, gold, shares under clubbing of income in these casesITR filing: Transferring investments to your spouse to save taxes is a common misconception. The Income Tax Department scrutinises fund sou...
- 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...
- Rs 1 crore apartment becoming Rs 1.8 crore while selling is an illusion?: CA explains the hidden math of real estate profitsA property expert reveals a common 'math illusion' surrounding real estate gains. Many investors overlook significant expenses like stamp d...
- Aditya Birla lines up Rs 15,000 crore loan for Sprng Energy bidAditya Birla Group is reportedly in advanced talks to acquire Shell's Indian renewable energy arm, Sprng Energy, for a substantial sum. Sta...
- Ram temple donation 'embezzlement': Opposition parties question timing of FIROpposition parties in Uttar Pradesh have intensified their criticism of the BJP government following an FIR lodged over alleged embezzlemen...
- 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...
- State borrowings must focus on asset creation, not just revenue expenditure: FM Nirmala SitharamanUnion Finance Minister Nirmala Sitharaman urged state governments to invest borrowed funds in long-term assets like schools and hospitals, ...
- 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...
- Best proverb of the day: 'Spilt water won’t go back into its...' - this Japanese saying teaches intriguing life lessons on irreversible choices and lasting consequences and why you can’t undo actions once they are doneBest proverb of the day: Life's rapid pace often leads to hasty decisions and spoken words with lasting consequences. A Japanese proverb il...
- Three ways Trump could get a stake in AI firms for the USPresident Donald Trump is actively investigating how to ensure that the American public can benefit from the lucrative advancements within ...
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