Good news for employees: Input Tax Credit on group health and life insurance allowed; Know how it employeesNow GST input tax credit to emoyers on group insurance; this can mean more life and health insurance coverage for employees; Know how it he...
09 Oct, 2026, 11.21 AM IST
Karnataka CM Shivakumar hints at "good news" on pending central grants after GST Council meetKarnataka Chief Minister DK Shivakumar addressed media after the GST Council meeting concerning pending central grants. He mentioned that U...
09 Oct, 2026, 09.00 AM IST
Digital nomads take note: The $132,900 foreign earned income exclusion for 2026 could wipe out tax on overseas income, here's the catchFor Americans earning money while living and working abroad, one of the biggest 2026 tax changes is the higher foreign earned income exclus...
08 Oct, 2026, 10.31 PM IST
One GST return a year? New scheme could ease compliance for 16 lakh small businessesSmall businesses selling only to consumers may soon have the option to file GST returns annually. The GST Council has approved a plan for e...
08 Oct, 2026, 06.51 PM IST
GST Council Meeting 2026: Tax officers' arrest powers scrapped, prosecution threshold raised to Rs 5 crore; no rate changesGST Council Meeting 2026: The GST Council concluded that existing GST rates would remain unchanged. It further removed arrest authorities f...
08 Oct, 2026, 06.22 PM IST
GST winners 2026: No rate cuts, but small businesses, exporters and taxpayers have plenty to gain. Here's howGST Reform Winners 2026: The GST Council has greenlit key reforms intended to simplify compliance for businesses across the board. Small bu...
08 Oct, 2026, 06.20 PM IST
GST Council meeting 2026: What may change as GST 2.0 takes aim at ITC, refunds, arrest powers and other reformsGST Council Meeting 2026: The GST Council, meeting in New Delhi, is expected to propose significant reforms for tax administration. One ref...
08 Oct, 2026, 02.16 PM IST
GST Council meet: Scrapping tax officers' arrest powers, decriminalisation among reforms on agendaThe GST Council is poised to address significant reforms that could transform GST compliance for businesses. Among the proposed measures ar...
08 Oct, 2026, 12.16 PM IST
Supreme Court seeks committee to curb pharma firms’ unethical marketing practicesThe Supreme Court has directed the government to form a committee regarding pharmaceutical marketing regulations. This follows concerns ove...
08 Oct, 2026, 11.26 AM IST
US tax savings 2026: What are the best ways taxpayers can use to potentially lower their tax bill? Know the rulesWhen it comes to taxes, what you end up paying really depends on things like your income, financial goals, and how you file. Luckily, there...
07 Oct, 2026, 10.03 PM IST
Do you have to pay tax in India or abroad? Why your residential status is important factorIndividuals earning income abroad must understand their tax residency status according to the Income Tax Act. The Act outlines conditions b...
07 Oct, 2026, 10.10 AM IST
Own a rental property in 2026? You may be able to deduct property taxes - here’s what the IRS saysRental property tax deduction 2026: If you own a rental property in 2026, property taxes may be deductible as a rental expense. But the amo...
07 Oct, 2026, 04.28 AM IST
Own a small business? This 2026 tax deduction could reduce your taxable income by up to 20%Small business tax break 2026: Small-business owners could get a valuable tax break in 2026 through the qualified business income deduction...
07 Oct, 2026, 04.10 AM IST
Proposal to scrap GST officers' arrest powers based on 'trust'; states likely to back move: SourcesThe 57th meeting of the GST Council, to be chaired by Union Finance Minister Nirmala Sitharaman and comprising state finance ministers, wil...
06 Oct, 2026, 06.55 PM IST
Expecting a bonus, stock compensation or property sale in 2026? Check your withholding before a surprise tax bill in 2027A bonus, stock compensation or property sale can change your 2026 tax picture. Here’s what taxpayers should know about withholding, estimat...
05 Oct, 2026, 11.06 PM IST
Actress Rakul Preet Singh clarifies over income tax raids: 'Neither has anyone ever gifted me any property, nor do I accept'Rakul Preet Singh addressed recent income tax raids conducted at multiple locations related to her. She clarified that she was not connecte...
05 Oct, 2026, 12.44 PM IST
Many Americans overlook this: The new $7,500 IRA limit is one of the simplest ways to save on taxes in 2026, and it is still open todayThe 2026 tax rules quietly give retirement savers more room to plan. The IRA contribution limit has climbed to $7,500, while 401(k), 403(b)...
02 Oct, 2026, 11.11 PM IST