US midterm elections: Who is Abdul El-Sayed? The Egyptian-American Rhodes scholar and public health expert taking on Republicans in Michigan’s Senate raceAbdul El-Sayed took an unusual route to American politics. Trained in medicine and public health, he spent years studying why people get si...
In 1975, an investor put $5,000 into Coca-Cola; 49 years later, the investment was worth more than $2.35 millionA $5,000 investment in Coca-Cola at the start of 1975 would have grown to more than $2.35 million by the end of 2024, assuming dividends we...
Your UPI payment just got a price tag: what it means for GST-registered taxpayersNPCI, which manages UPI, has brought in a merchant discount rate of 0.4% on certain person-to-merchant UPI payments above Rs 2,000.
Do banks report deposits over $10,000 to the IRS? What really happens when you cross the cash reporting thresholdA cash deposit exceeding $10,000 in a single day triggers an automatic report to the federal government. Financial institutions do not make...
UPI charges from October 15: FAQs on who will pay 0.4% MDR and what consumers, small vendors & large merchants need to knowUPI Payment: UPI transactions of up to Rs 2,000 will continue to be free for users. A new Merchant Discount Rate (MDR) will be introduced f...
UPI MDR could bring transaction value into payment apps’ market-share battle, industry executives sayThe new revenue stream could also draw banks and ecommerce companies into consumer UPI. Pine Labs chairman, managing director and chief exe...
UPI MDR bonanza: Why Paytm may win bigger, but Pine Labs could gain fasterPaytm and Pine Labs stand to benefit from the new UPI MDR framework, but the impact could differ sharply. Paytm has a larger absolute reven...
HC strikes down retrospective tax law amendment; over 2 lakh taxpayers get relief, all eyes on Supreme CourtThe high court's recent ruling has dealt a significant blow to a controversial retrospective tax law, impacting around two lakh taxpayers. ...
Chit fund didn't pay Rs 15 lakh prize money to the winning member for 55 days; consumer commission orders Rs 44,500 compensation and refundA Telangana consumer commission upheld ₹25,000 compensation after finding Kapil Chits delayed a successful bidder's ₹15 lakh chit prize by ...
Finance Act 2026: Updated return rules change for taxpayers reporting reduced lossesThe Finance Act, 2026, has plugged a significant gap. Earlier, an updated return could not be filed if unaccounted income merely reduced a ...
Delhi Lakshmi Yojana RD maturity set for July 2029, year of next Lok Sabha pollsThe Delhi Lakshmi Yojana's recurring deposit matures on July 31, 2029. Eligible women receive Rs 2,500 monthly, with Rs 1,500 in RD and Rs ...
Delhi Lakshmi Yojana: 4,000 women to receive sanction letters on Wednesday, aid from Sept 1Around 4,000 women will receive sanction letters for the Lakshmi Yojana scheme. Eligible women will receive Rs 2,500 monthly financial assi...
Unsuspecting landowner got income tax notice as his land was sold for Rs 6.82 crore cash by someone via forged sale deed; he fights back and wins tax case in ITAT Ahmedabad on this groundFor Rs 6.82 crore cash notorious land grabbing gang sold land via forged sale deed with forged signature of landowner; however landowner go...
Tax Ombudsman needed to protect tax-payer’s rights: Eco SurveyTo avoid the conflict of interest, ensure fair dealings and consequently build the trust between taxpayers and the concerned tax authority,...
Tax dept's felicitation of highest tax payers makes HNIs nervousWith income-tax offices across India set to invite up to top 100 tax payers in their regions for felicitation, several individuals have red...
Here's the tax payers' wishlist for Budget 2016The Seventh Pay Commission has already put pressure on the government’s coffers so it is unlikely that the FM will play Santa Claus this ye...
- Direct tax collections miss target; at 3.75 lakh cr in FY'10
Direct tax collections fell Rs 12,000 crore short of the Rs 3.87 lakh crore target last fiscal, largely owing to lower realisation from cor...