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STUDENT LOAN FORGIVENESS TAX CONSEQUENCES
Poonawalla Fincorp Q2 profit soars five-fold YoY to Rs 375 crorePoonawalla Fincorp reported a remarkable net profit of ₹375 crore for the second quarter, marking impressive year-on-year growth. The compa...10 Oct, 2026, 09.41 AM IST- Poonawalla Fincorp Q2 profit surges fivefold as income risesPoonawalla Fincorp reported a substantial increase in net profit for the second quarter, rising over fivefold. The company's net interest i...09 Oct, 2026, 09.45 PM IST
- This $2,000 IRS tax credit can help pay for college in 2026, but there's an income catchTaxpayers pursuing education may benefit from the Lifetime Learning Credit for eligible expenses incurred. This credit covers 20% of up to ...09 Oct, 2026, 08.39 PM IST
- Pisces Weekly Horoscope, October 12-18, 2026: Handle Financial Commitments, Career Pressure and Emotional Matters CarefullyThis week, those born under Pisces should embrace patience and a practical approach in their work. Midweek may bring heightened emotional s...09 Oct, 2026, 03.59 PM IST
- US state Montana governor pitches India partnerships in quantum, aerospace, biosciences & critical mineralsMontana has a cluster of around 80 quantum and photonics companies, and is keen to work with Indian institutions and firms on research, tec...09 Oct, 2026, 12.31 PM IST
- RBI’s sell-buy swaps slow rupee’s fall but push up forward premiums, making hedging costlier for foreign investorsThe Reserve Bank of India is engaged in dollar sell-buy swaps to stabilise the rupee's value. However, this has resulted in higher forward ...09 Oct, 2026, 12.25 PM IST
- Supreme Court questions 'forgiving' approach to death penaltyThe Supreme Court recently criticised the leniency shown by lower courts in commuting death sentences. The bench said that a line must be d...09 Oct, 2026, 12.16 AM IST
- Paying off student loans? Deduct up to $2,500 in interest on your 2026 return, but watch the income limits that could cut it off earlyStudent loan borrowers may get a valuable tax break in 2026. The IRS still allows eligible taxpayers to deduct up to $2,500 in student loan...08 Oct, 2026, 11.35 PM IST
- Facing a 7% Mortgage? Here's how family loans could help buyers avoid high mortgage interest and unlock valuable tax savingsMortgage rates are stuck above 7%. Waiting sounds smart, but rising home prices could quickly erase any rate savings. That is why some fami...08 Oct, 2026, 09.33 PM IST
- Bengaluru techie earning Rs 90 lakh gets a nearly Rs 3 crore offer from US, estimates Rs 70 lakh savings per year, still confused seeks adviceA 36-year-old tech professional’s possible move to the US has sparked a debate over whether higher nominal pay would translate into a bette...08 Oct, 2026, 04.37 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
- French mayor caught in viral clash video says student protesters 'could be my children'Mayor Bally Bagayoko stood with students during protests in Saint-Denis against education issues and police violence. Demonstrators, primar...08 Oct, 2026, 07.46 AM IST
- NBFC services to banks will attract 18% GSTThe interest on the underlying loan will remain exempt from GST. The 18% levy will apply to the taxable service supplied by the NBFC to the...08 Oct, 2026, 07.45 AM IST
- Why Megyn Kelly told Olivia Rodrigo to ‘Shut up and stick to singing’ over support to Jane Doe in Cornell University gang rape case: here’s all the detailsOlivia Rodrigo showed her support for Jane Doe in the Cornell 7 case in an Instagram Story. Rodrigo said she stood with Doe and called for ...07 Oct, 2026, 04.46 PM IST
- ‘Don’t get trapped in home loan’: Mumbai woman warns people spending years repaying crores for luxury homes they barely have time to enjoyA Mumbai woman’s video showing an apparently deserted upscale residential society on a Monday night has sparked an online discussion about ...07 Oct, 2026, 01.12 PM IST
- Product's form at sale, not end use, will determine tax rate: Supreme CourtThe Supreme Court has ruled that the tax rate applicable to a product must be determined by its physical form at the time of sale, not its ...07 Oct, 2026, 12.49 AM IST
- Dubai NRI bought Rs 2.31 crore property, didn’t file ITR, got income tax notice; she fights back and wins in ITAT on these groundsMrs Chudamasa’s counsel argued that the AO had erred in treating Rs 2,31,20,000 as investment made during financial year 2017-18. He submit...05 Oct, 2026, 04.03 PM IST
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