Indians may be roaming closer to home because of a war far awayIndia Tourism Sector and Iran War: Prime Minister Modi's call to curb foreign travel for a year aims to boost domestic tourism, conserve fo...
19 May, 2026, 10.46 AM IST
Gave up tenancy, got new flat in redeveloped property, then faced income tax notice of STCG of Rs 1.1 crore: How tenant won at ITAT MumbaiA Mumbai tenant successfully challenged a Rs 1.1 crore tax notice. He surrendered tenancy for a new flat in a redeveloped building. The Inc...
14 May, 2026, 12.52 PM IST
The true cost of PMS returns: Disclosing the hidden gap between headline numbers and real investor gainsFrom glossy returns to tax drag, what an equity PMS earns investors often trails what is advertised.
11 May, 2026, 12.42 PM IST
Syngene shares zoom 17% even as firm’s Q4 net profit drops 19% YoY. What's driving the surge?Syngene shares surged despite a 19% YoY decline in Q4FY26 net profit to Rs 148 crore, as earnings rebounded sharply from Rs 15 crore in the...
30 Apr, 2026, 12.49 PM IST
Delhi HC revives ₹1,063 crore dues, upholds termination of The LaLit licence in NDMC caseThe Delhi High Court has revived a massive license fee demand of over Rs 1000 crore against Bharat Hotels. The court also upheld the termin...
23 Apr, 2026, 08.51 AM IST
Gratuity may rise under New Labour Code, but your income tax bill could tooThe Code on Social Security, 2020 expands the wage base for gratuity, potentially increasing payouts, but tax rules under the Income-tax Ac...
13 Apr, 2026, 02.36 PM IST
Rs 11,250 monthly Children Education Allowance and Hostel Subsidy: Can govt employees claim these during suspension, retirement or removal?A government servant is entitled to claim reimbursement for the amount paid towards the education of their children. The amount for reimbur...
10 Apr, 2026, 11.28 AM IST
Supreme Court recalls its verdict upholding no indirect taxes can be levied from duty free shops at airportsA special bench comprising Chief Justice D Y Chandrachud and justices J B Pardiwala and Manoj Misra heard Additional Solicitor General N Ve...
18 Aug, 2023, 06.31 PM IST
Government 'compulsorily retires' a dozen senior tax officersThis is the biggest sacking in one go initiated by the government and focused on senior officers.
11 Jun, 2019, 12.44 PM IST
No taxes payable by GMR on Male airport contract compensation: MaldivesThis announcement brings a major relief to GMR Group as it doesn't need to pay over USD 20 million now.
26 May, 2019, 03.03 PM IST
No ‘gifts’ at Mumbai customs, Chinese etailers look elsewhereIndia exempts items valued up to Rs 5,000 from all taxes as a way of allowing non-resident Indians to send gifts to families back home.
26 Apr, 2019, 08.23 AM IST
Sacked employees paid off a lump sum will now have to pay tax on compensation receivedSection 28 (ii) of the I-T Act taxes certain compensations received by any person for any change in terms or termination of agency, mgmt of...
03 Feb, 2018, 07.16 AM IST
Sodexo adds Innoviti tie-up for digital switchMeal voucher companies are scouting for terminals to accept their vouchers digitally.
28 Jun, 2017, 11.19 AM IST
Forum for IT Employees seeks State governments' support in layoffs"We seek the State governments to come for the support of the employees when they get terminated from service", FITE General Secretary A J ...
18 Jun, 2017, 12.42 PM IST
Smart PoS machines can even do your tax mathMSwipe, a mobile PoS machines company, has around 5k smart devices in the country.
15 Jun, 2017, 09.17 AM IST
BCCI removes Chennai auditor firmReflecting the change at the helm, the BCCI today terminated the services of a Chennai-based tax auditor firm after shifting its treasury o...
07 Oct, 2015, 08.06 PM IST
- Separation fee, in any form, is taxable: Tribunal
Money received by an employee of a foreign company while leaving the firm, even if it is paid as non-compete fee, will be taxable in India,...
26 Jul, 2009, 05.38 PM IST