Rs 9.48 lakh income tax demand on coaching centre quashed: ITAT explains why attendance alone doesn't make contractual teachers employeesContractual teachers held as employees by the tax department and on this ground, Rs 9.48 lakh tax demand raised; ITAT Cochin rules administ...
24 Jul, 2026, 12.11 PM IST
Lady with Rs 5.28 lakh income pays no tax despite Rs 1.42 lakh STCG from equities; Know why ITAT Mumbai allowed the Section 87A rebateEver since the Income Tax utility has disabled the option to claim Section 87A tax rebate on short term capital gains (STCG) from listed eq...
24 Jul, 2026, 10.49 AM IST
Ken-Betwa activist Bhatnagar ends 18-day hunger strike on mother's requestActivist Amit Bhatnagar has ended his 18-day hunger strike against alleged irregularities in the rehabilitation and compensation of familie...
24 Jul, 2026, 08.40 AM IST
US' temporary 10% tariff set to expire on Friday unless extended or new duties announcedThe 10% temporary US tariff imposed on imports from India and other trading partners is set to expire at 9:31 am IST on July 24, unless the...
23 Jul, 2026, 09.52 PM IST
Karnataka gig workers' law: Platforms deposit welfare fee with HC ahead of deadlineEcommerce firms have deposited a mandated welfare fee with the Karnataka High Court. This action complies with the court's interim order re...
23 Jul, 2026, 07.33 PM IST
Mauritius tax protocol to give Indian taxman more powers to probe offshore entitiesMauritius cabinet ratified a tax protocol granting Indian officials more questioning powers. This allows direct challenges to offshore enti...
23 Jul, 2026, 12.39 AM IST
Rs 5.26 lakh capital loss carry forward was claimed in original ITR but a lesser claim was denied in revised ITR; Taxpayer fights back and wins in ITAT BangaloreFiled revised ITR but lost Rs 2.99 lakh capital loss carry forward benefit claimed in original ITR; Know how a man challenged tax dept's de...
22 Jul, 2026, 02.33 PM IST
Gratuity, leave encashment not part of CIRP cost: NCLATThe NCLAT dismissed an appeal regarding priority payment of gratuity dues. It upheld an earlier NCLT order concerning Duncans Industries' f...
21 Jul, 2026, 01.16 AM IST
Don't put a toll on UPI: Why merchant discount rate isn't the answerA proposal to introduce a merchant discount rate (MDR) on UPI transactions above ₹2,000 for businesses with annual turnover of ₹1-1.5 crore...
20 Jul, 2026, 11.42 PM IST
EPF Scheme 2026: Key changes in nominations, PF withdrawals, and employer complianceKey features— such as the 12% contribution rate for employers and employees as well as the Rs.15,000 statutory wage ceiling—remain unchange...
20 Jul, 2026, 11.35 AM IST
Salary has to be paid before 7th day of the succeeding month under new labour code; Know what else the new labour code says about salary timelineUnder the new labour code, employers must pay salaries by the seventh day of the following month. Daily wage workers must be paid at the en...
20 Jul, 2026, 11.03 AM IST
These property sellers may need to re-compute advance tax after delayed release of Cost Inflation Index for tax year 2026-27; here’s what to doProperty sellers may need to re-compute advance tax after the Cost Inflation Index release. This delay impacts individuals selling property...
18 Jul, 2026, 01.12 PM IST
EPFO launches Vishwas 2026; scheme to be operational for six monthsUnder VISHWAS, 2026, damages or penalty for defaults pertaining to the period prior to June 14 2024 shall be recalculated at substantially ...
17 Jul, 2026, 05.48 PM IST
Applying for a US green card? Your fate will be in the hands of Trump's officersA new public charge rule will assess immigrants' reliance on government aid. Immigration officers will gain broader discretion in evaluatin...
17 Jul, 2026, 05.43 PM IST
LML Realty to invest Rs 250 cr to develop 45-acre industrial park in HaryanaLML Realty is set to launch a state-of-the-art industrial park in Haryana, with a substantial investment of Rs 250 crore aimed at supportin...
14 Jul, 2026, 05.39 PM IST
The Rs 7.50 lakh myth: Why employer's NPS contribution must be included in salary for claiming deduction under Section 80CCD(2)As the due date for filing ITRs for AY 2026-27 approaches, many salaried taxpayers are finding that the ITR utility does not allow deductio...
14 Jul, 2026, 10.31 AM IST
Eps 95 pension latest news today 6 key changes higher pension, 20-day claim settlement, new withdrawal rulesThe Employees' Pension Scheme, 2026, introduces significant changes for EPF members. Withdrawal benefits now require a 36-month waiting per...
10 Jul, 2026, 05.07 PM IST