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TAX INCIDENCE
Haier, Godrej, Blue Star failed to detect fake e-waste recycling claims, India notice showsIndian tax authorities have identified major appliance companies incorrectly claiming tax credits for non-existent e-waste processing servi...- Man paid lower income tax by setting off business loss against long term capital gains but received income tax notice; wins case in ITAT DelhiMan pays lower income tax by setting off business loss with long term capital gains but gets income tax notice; Wins case in ITAT Delhi. IT...
- Cheaper at pumps, costlier in bulk: Jio-bp, Nayara cap diesel sales; PSUs may follow: ReportJio-bp and Nayara Energy have capped diesel purchases at their petrol pumps as industrial and bulk buyers shift to cheaper retail fuel, wid...
- India’s bid to keep carbon cash home as Europe adds a new trade costIndia’s exporters face new carbon costs under the EU’s CBAM, which took effect in January 2026. For carbon-intensive industries such as ste...
- Anti-betting law fails. A lesson for crypto?India’s online betting ban has failed to eliminate illegal gambling, with offshore networks continuing operations despite strict laws. The ...
- California’s beaches are disappearing — San Clemente could need 300,000 truckloads of sand as El Niño threatens an already eroding coastSan Clemente is experiencing significant coastal erosion that is diminishing beach space and threatening infrastructure. The city estimates...
- Thailand hostel puts up Hindi notice, Indian traveller asks why and gets surprising answerAn Indian traveller in Bangkok has shared a hostel experience after finding a Hindi notice instructing guests to use a glass when drinking ...
- At 15, he was stranded in Mumbai with just Rs 1 in his pocket. Years later, he won Rs 1 crore on Indian Idol. Bollywood singer now claims he was more popular than Arijit SinghAbhijeet Sawant recently discussed his pre-fame journey as a contestant on Indian Idol in 2005, sharing that he performed at local gigs to ...
- Manipur CM announces financial aid for women street vendors at Seva Sankalp Abhiyan 2026Manipur Chief Minister Yumnam Khemchand Singh attended the Seva Sankalp Abhiyan event in Moirang. He announced a financial assistance schem...
- Have you ever wondered what would happen if a Social Security payment suddenly turned into a $20,000 debt? One 82-year-old woman’s notice made her daughter look closer at the finances she thought she knewThe letter arrives without warning, stating that the Social Security Administration has paid a beneficiary $20,000 more than they were enti...
- Rs 2 lakh crore bonanza: GST's one-year old tax gift showing up in cars, TVs and revenuesGST collections show economic activity holding up after the overhaul. Consumers are upgrading to better products and larger screen televisi...
- FMCG distributors seek zero-MDR for UPI transactions; write to PMThe association urged the government to address the implications of calculating the merchant discount rate on gross payments and resulting ...
- 34-year-old woman told Rs 9 crore sent to her from abroad was stuck at customs; she paid for its release, lost Rs 1.2 crore to fraudA 34-year-old West Delhi woman allegedly lost around Rs 1.2 crore after fraudsters told her a diplomatic parcel containing £7 lakh was stuc...
- EPF wage ceiling hike: Lesser take home salary for these employees; know how you will be impactedIn a significant update, the EPFO wage ceiling limit has been modified to Rs 25,000 monthly. This modification will add fifty-one lakh work...
- Militants burn down farmers' houses in Manipur villageHouses were destroyed in an overnight arson attack along the Imphal-Tamenglong road. Two women were shot dead in the neighboring Tamenglong...
- BRICS adopts New Delhi Declaration: Inside the 140-point document on Global South's ambitionsBRICS leaders adopted the New Delhi Declaration at the 18th summit, reaffirming their commitment to cooperation, multilateralism and a more...
- Mumbai’s ‘Special 26’ twist: Sacked driver, 2 I-T officials stage fake raid for Rs 1 croreA sacked driver and two Income Tax officials attempted a fake raid. They demanded one crore rupees from a former employer's Mumbai office. ...
- BJP govt restored investor confidence in UP; no room for mafia: Yogi AdityanathUttar Pradesh has seen a significant shift towards lawfulness since 2017, prioritizing safety and stability. Committed to fostering an inte...
- HFCL shares jump 5% as FY26 order book surges 113% to Rs 21,206 croreHFCL shares gained nearly 5% after the company’s FY26 Annual Report highlighted a 113% year-on-year surge in its order book to Rs 21,206 cr...
- Sam Altman apologised for OpenAI's GPT-6 Astra release after Pro and Plus users couldn't access the new modelOpenAI's GPT-6 Astra, billed as a generational leap and a possible marker of the AGI era, launched on 3 September 2026 to immediate complai...
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