Dolly Khanna successfully challenged the tax department's classification of her Rs 54 crore short-term capital loss as a business loss. The...

American shoppers spent more in May than anticipated. This boost came from tax refunds and a stock market rise. However, this spending has ...

India's central bank, the RBI, is opting against direct settlement of government securities via offshore platforms like Euroclear. Instead,...

The RBI is steering clear of offshore settlement for government securities, preferring foreign investors to trade directly on the domestic ...

India faces economic vulnerabilities from external crises. Five reforms are proposed to build resilience. These include reducing gold and c...

The Income Tax Department has set July 31, 2026, as the deadline for most individual taxpayers, including the salaried class, to file their...

India's insatiable thirst for gold remains resilient even in the face of increased import duties. Prior to the tax increase, there was a no...

Individuals earning below basic exemption limits (Rs 2.5 lakh old, Rs 4 lakh new regime) generally don't need to file ITR. However, mandato...

President Trump renewed his criticism of immigration, stating that large-scale migration from developing countries could undermine the US. ...

Arbitrage mutual funds offer attractive after-tax returns for investments held over a year, taxed at 12.5% like equity funds. These funds e...

India has increased the windfall tax on diesel and aviation fuel exports. The special additional excise duty on diesel exports will now be ...

Sebi has introduced a new framework for ETFs, replacing fixed price bands with dynamic limits and revising base price calculations. The cha...

A new service provider will manage Indian passport, visa, and consular services across the UAE starting July 1, 2026. Al Hind Tours and Tra...

India's tax season now demands greater scrutiny for crypto investors as enforcement intensifies. New reporting requirements, including tran...

With the ITR filing season for AY 2026-27 now underway, many salaried taxpayers who faced TDS shocks in the last quarter of FY 2025-26 are ...

Tenants paying over Rs 50,000 monthly rent must deduct TDS. This applies to individuals and HUFs not requiring tax audits. The TDS rate is ...

After 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...