Maximum 39% marginal rate of income tax applicable for these individuals in Tax Year 2026-2027Individuals and certain entities will face a maximum 39% income tax rate under the new tax regime for Tax Year 2026-2027. This Maximum Marg...
03 Jun, 2026, 10.10 AM IST
Banks are cutting credit card perks quietly; Learn how to get more value from your walletMany banks have recently reduced credit card rewards, cashback limits, and perks, prompting cardholders to reassess their spending strategi...
01 Jun, 2026, 06.30 AM IST
RMG cos reel from GST ruling; new-age firms’ costly rideHappy Friday! The Supreme Court’s latest GST ruling is the final blow for real-money gaming platforms after last year’s ban. This and more ...
29 May, 2026, 07.46 AM IST
Listed new-age internet firms brace for a costly ride as war clouds mathThe March quarter was largely stable for companies, with most firms reporting revenue growth in line with expectations and improving operat...
29 May, 2026, 07.33 AM IST
Why investors are ready to play in global equity leagueIndian investors are increasingly looking overseas as global markets outperform domestic equities, driven by themes like AI. While internat...
29 May, 2026, 05.48 AM IST
Parliamentary panel expresses concern over investments in cryptocurrenciesA parliamentary panel has expressed alarm over thousands of crores invested in virtual digital assets. The committee is studying global app...
20 May, 2026, 09.01 PM IST
Iran war saddles global companies with $25 billion bill and countingGlobal companies face significant financial strain due to the U.S.-Israeli war with Iran. Businesses are grappling with escalating oil pric...
18 May, 2026, 10.56 AM IST
Tax wealthy, not fuel and gold: Former UN Advisor, economist Santosh Mehrotra warns of Rupee slump, job lossesFormer UN Advisor Santosh Mehrotra urged the government to tax the super-rich instead of relying on indirect taxes on fuel and gold, warnin...
16 May, 2026, 12.07 PM IST
Wipro is buying back shares at Rs 250. What your tax bill looks like depends on this factorWipro's share buy-back offers Rs 250 per share, a premium over market price. New tax rules effective April 1, 2026, treat buy-back proceeds...
30 Apr, 2026, 02.18 PM IST
NRI but using resident savings account? Here’s what you must know about NRE, NRO, and FEMA rulesNRIs must update their Indian bank accounts to NRE or NRO status to comply with FEMA regulations. Failing to do so can result in significan...
30 Apr, 2026, 12.07 PM IST
Oil shock will hit Asia harder than the 1970sAsia is experiencing energy shocks similar to the 1970s oil crises, with rising fossil fuel costs impacting consumers and industries. This ...
30 Apr, 2026, 08.28 AM IST
Amazon techie checks April payslip, sees TDS bigger than father's salary: 'Daylight robbery at this point...'An Amazon employee went viral on Grapevine after sharing their shock over a heavily taxed April payslip, revealing frustration at seeing a ...
27 Apr, 2026, 10.45 PM IST
Share buybacks this month: Wipro, Aurobindo Pharma, 2 other stocks to watch out forFour companies—Wipro, Cyient, Windlas Biotech, and Aurobindo Pharma—are set to announce or act on share buybacks this month, with Aurobindo...
15 Apr, 2026, 02.47 PM IST
Capital gains on share buyback get new surcharge twist; income tax dept explains what it means for youThe Income Tax Department has clarified a new 12% surcharge on capital gains from share buybacks, specifically for promoters. This change, ...
01 Apr, 2026, 07.44 AM IST
What doctors know: The surprising place they are moving 401(k) funds intoDoctors with large 401(k) balances are rethinking retirement planning. Big required withdrawals can push income higher and increase taxes a...
30 Mar, 2026, 07.49 PM IST
- Surcharge on income tax02 Aug, 2024, 03.50 PM IST
Highest surcharge on personal income tax reduced from 37% to 25%The highest surcharge levied under personal income tax has been reduced significantly from 37% to 25% in the new tax regime.
01 Feb, 2023, 08.15 PM IST