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TAX IMPLICATIONS OF STUDENT LOAN FORGIVENESS
Quote of the Day by Jodi Picoult: 'A mathematical formula for happiness: Reality divided by Expectations. There were two ways to be happy: improve your reality or lower your expectations' teaches timeless lesson on ideal lifestyles, perfectionQuote of the Day by Jodi Picoult offers a timeless lesson about the relationship between reality and expectations. Happiness is neither ent...- Husband has to pay income tax on wife’s earnings from FD, gold, shares under clubbing of income in these casesITR filing: Transferring investments to your spouse to save taxes is a common misconception. The Income Tax Department scrutinises fund sou...
- Naga body rejects Kuki-Zo apology over six hostages' killing, says 'justice can't be replaced by rhetoric'The All Naga Students' Association, Manipur (ANSAM) has rejected the Kuki-Zo Council's apology for the killing of six Naga civilians, deemi...
- Taking a second loan for home loan repayment? Claim tax deduction on both under old tax regime for Tax Year 2026-2027Homeowners can now potentially claim tax deductions on interest paid for both their original home loan and a subsequent loan taken to repay...
- Rs 1 crore apartment becoming Rs 1.8 crore while selling is an illusion?: CA explains the hidden math of real estate profitsA property expert reveals a common 'math illusion' surrounding real estate gains. Many investors overlook significant expenses like stamp d...
- US judge blocks Trump administration's new student loan restrictionsA federal judge has halted a Trump administration rule that would have lowered student loan limits for graduate nursing and healthcare stud...
- US judge blocks Trump administration's new student loan restrictionsA federal judge has halted a Trump administration rule that would have lowered student loan limits for graduate nursing and healthcare stud...
- ITAT: Accrued interest component on non-convertible debentures sales is taxable as interest incomeThe ITAT has held that the accrued interest component embedded in sale proceeds from non-convertible debentures cannot automatically be tre...
- Scorpio ♏ July 2026 Horoscope, Monthly Predictions: Something Big Could Be Happening Behind the Scenes♏ Scorpio Monthly Horoscope (1st July 2026 to 31st July 2026): The Scorpio Monthly Horoscope brings a month of deep reflection. The Sun rem...
- Will the ITR filing deadline for AY 2026-27 be extended? Here's what taxpayers need to knowTaxpayers can breathe easy as the Income Tax Return (ITR) filing deadline for AY 2026-27 is unlikely to be extended. Unlike last year's tec...
- Leo ♌ July 2026 Horoscope, Monthly Predictions: Something Big Is Brewing Behind the Scenes, A Major Comeback Is Closer Than You Think♌ Leo Monthly Horoscope (1st July 2026 to 31st July 2026): The Leo Monthly Horoscope indicates a month of inner reflection. The Sun remains...
- RBI says UPI-linked credit lines must follow same rules as traditional loans; Closes regulatory arbitrageThe Reserve Bank of India has mandated uniform prudential treatment for all credit facilities, including those disbursed via UPI. This move...
- Kotak Mahindra Bank has 'high ambitions' to deploy capital for growth, CEO saysKotak Mahindra Bank is actively pursuing acquisitions, including loan portfolios and alternative assets, to deploy surplus capital and fuel...
- Bengal budget 2026: Rs 3,000 monthly dole for unemployed youth, Kalyani airport and new sports university announcedWest Bengal's new budget introduces 'Bhorsha Kormosuchi,' offering monthly allowances to unemployed youth. Uneducated individuals aged 21-4...
- Have a US 401(k)? Indians must report withdrawals and maturity details in ITR schedules FSI and FAIndian taxpayers with US 401(k) accounts must now report withdrawals and maturity details in ITR schedules FSI and FA. Failure to disclose ...
- Rs 17.25 lakh income of an employee was added as taxable salary despite working in UK; ITAT Delhi gives him relief under India-UK DTAAThe Income Tax Appellate Tribunal (ITAT) Delhi has ruled that even if a non-resident salaried individual has received any ‘per-diem’ paymen...
- Delhi HC rules EY US secondment fees taxable in India, MNCs face higher costs for foreign talentMultinational corporations in India face a new tax challenge following a High Court ruling against EY US. The court determined that payment...
- What is Andy Burnham's 'Manchesterism' vision for the UK?Andy Burnham is now a leading contender to become the next Prime Minister. He brings his "Manchesterism" economic vision to national politi...
- Words of Wisdom 'Accept what is, let go of what was, have faith in what will be' offers philosophy of life, inner peace, happiness and teaches art of letting goToday's Words of Wisdom offers timeless guidance for a meaningful life. It teaches the value of accepting reality, releasing the burdens of...
- What will happen after July 1? Millions of SAVE borrowers must act before federal student loan rules change as repayment options disappearMillions of SAVE borrowers must act before federal student loan rules change as repayment options disappear. Nearly 7.5 million borrowers c...
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