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Think property makes you rich? These 5 facts tell a different storyAs per a 2017 RBI report, a typical middle-class Indian family puts 70-80% of its net worth into realty. No asset class would be considered...
Bengaluru techie with Rs 18 lakh salary paying Rs 25,000 per month to wife as house rent to save tax, sparks debate onlineA Bengaluru IT employee's clever tax-saving plan is causing a stir online. He pays rent to his wife for a home she owns, aiming to reduce h...
Trump's allies have another plan to pay 'weaponisation' victimsFormer President Trump's allies are now looking at a 1946 law to pay supporters. This comes after a planned "weaponization" fund was droppe...
US Treasury expands bank data-sharing rules tied to Trump immigration crackdownThe Treasury Department is guiding banks to share information on suspected undocumented customers, framing it as a crackdown on fraud and c...
₹50 lakh to ₹1.4 crore: How extending your PPF can add lakhs to your corpus and who should do itPPF maturity presents a choice: withdraw or extend for continued tax-free compounding. While government backing and tax benefits remain att...
Can you sell household items worth more than Rs 2 lakh in cash? Check the tax rulesA woman successfully challenged the Income Tax Department's addition of Rs 10.80 lakh as unexplained cash. The ITAT Chennai ruled in her fa...
'Never seen this in Mumbai': Video of people sleeping on Versova beach goes viral, sparks debate over public spacesA viral video of dozens sleeping on Mumbai's Versova Beach has sparked debate on housing, migration, and public space use. While some blame...
Income tax burden reduction over 12 years reflects 'Ramrajya', government saysA government booklet marks Narendra Modi's tenure as India's longest-serving Prime Minister. It highlights tax reductions and reforms like ...
US Congress approves $70 billion for Trump immigration crackdownThe US Congress on Tuesday passed a $70 billion bill funding President Donald Trump's hardline immigration crackdown through the rest of hi...
Hong Kong-based son gets tax notice after father buys insurance policy in his name with cash; he fights back and wins case in ITAT MumbaiAn NRI in Hong Kong faced an income tax dispute after withdrawing cash from his NRE account to give to his father. The father used this mon...
India may have brokered a rupee truce, but hasn't won peace yetIndia has unveiled a package aimed at supporting the rupee without resorting to capital controls, a move seen as more market-friendly than ...
The hidden cost of the most expensive World Cup everThe FIFA 2026 World Cup is set to begin soon. However, the tournament is facing significant controversy. Ticket prices have reached unprece...
US Senate approves $70 billion for Trump's immigration crackdownThe US Senate on Friday approved $70 billion in funding for Donald Trump's hardline immigration crackdown, handing the president a major vi...
Trump unveils $700 million coal support plan using emergency powersPresident Donald Trump is using emergency powers to boost the US coal industry. Nearly $700 million will fund upgrades to power plants and ...
NCP (SP) alleges Rs 24,300 crore loss in Maharashtra's Ladki Bahin schemeThe Sharad Pawar-led NCP (SP) has labeled the Mukhyamantri Majhi Ladki Bahin Yojana a major scandal. Over 80 lakh ineligible beneficiaries ...
IRS tax refund news June 2026: Which taxpayers qualify for delayed refunds and when could payments arrive?More than $3,400 is the projected average IRS tax refund for many eligible filers this year, making tax refund updates one of the most sear...
CBDT tells tax officers to tighten scrutiny of unexplained income, assetsThe Central Board of Direct Taxes has directed tax officers to be more careful and consistent when using rules against hidden income and as...