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Do you need to file ITR if you only incurred losses from equities or mutual funds? Check the detailsIndividuals earning below basic exemption limits (Rs 2.5 lakh old, Rs 4 lakh new regime) generally don't need to file ITR. However, mandato...
Income tax alert: These taxpayers could receive scrutiny notices by June 30, 2026 under Section 143(2)The CBDT has set June 30, 2026, as the deadline for issuing scrutiny notices under Section 143(2) for FY 2025-26 returns. An internal deadl...
18 koalas moved to Kangaroo Island in the 1920s; a century on, 27,000 descendants are stripping eucalyptus bare and risk mass starvationKoalas are overpopulating in South Australia's Mount Lofty Ranges. This boom threatens eucalyptus forests, their food source. Scientists pr...
Highly dangerous plutonium offers no quick fix to US nuclear fuel crunchAmerica is exploring turning surplus plutonium into nuclear fuel for new reactors. This move aims to meet rising power demands, particularl...
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...
GST@9: Building a more seamless, certainty-driven input tax credit frameworkA more balanced and predictable approach can help safeguard revenue, reduce disputes, enhance taxpayer confidence, and create a more effici...
Kash Patel on the FBI's defining test: Securing the World CupThe FBI faces its biggest security challenge ever with the upcoming World Cup. Director Kash Patel outlines extensive preparations for the ...
Income Tax Department issues ITR scrutiny guidelines: These ITR filers may face compulsory scrutiny in FY 26-27The CBDT has released new guidelines for compulsory income tax return scrutiny in FY 2026-27, impacting returns filed in FY 2025-26. Specif...
Quote of the Day by Margaret Thatcher: ‘Being powerful is like being a lady. If you have to tell people you are…’ The Iron Lady’s lesson on influence and confidence explains why real power speaks for itselfQuote of the Day by Margaret Thatcher highlights that true power and influence are self-evident and don't require constant announcement. Th...
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 ...
Sweden's Gripen faces moment of truth in Ukraine's air war with RussiaUkraine is set to make the Swedish Gripen fighter jet the backbone of its air force, acquiring 20 new Gripen E models and 16 older donated ...
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 ...
Affluent Trump officials may get richer with SpaceX IPO, among them-Steve WitkoffSpaceX stands out for the unprecedented size of its planned IPO, and for its close ties to government and members of the administration. Th...
Is India's 1991 economic model dead? Why 'reforms' aren't enough & the state must step inIndia faces economic headwinds from global events and domestic investor wariness. The traditional reform model is no longer sufficient. Str...
Lady sold apartment, took Rs 2.5 lakh cash, bought new apartment from son-in-law, paid no tax, got income tax notice; she fights back and wins case in ITAT ChennaiA Chennai woman successfully appealed a tax notice after selling her apartment for Rs 35.5 lakh, including Rs 2.5 lakh in cash, and buying ...
Could you be missing a critical June 2026 tax deadline? Check these essential TDS, Form 16, STT and advance tax requirements before it's too lateJune 2026 income tax deadlines are closer than many taxpayers realize. Form 16 issuance, TDS deposits, advance tax payments and STT reconci...
US judge freezes Trump $1.8 billion 'slush fund' for alliesA US federal judge has halted a $1.8 billion compensation fund. Critics call it a slush fund for President Donald Trump's allies. The judge...
Health services, medical education expansion to be driven by modern tech: Yogi AdityanathUttar Pradesh Chief Minister Yogi Adityanath reviewed health and medical education. He stressed improving treatment quality and expanding s...
Donald Trump immunity from IRS audit shocks experts, who warn it could undermine trust in tax systemDonald Trump's tax probes have ended. The Internal Revenue Service agreed to drop all pending investigations into the former president's ta...
Donald Trump's IRS lawsuit dismissed with a $1.76 billion fund settlement: Here's the full breakdown of the tax leak caseTrump IRS tax leak settlement: The US administration has established a $1.76 billion fund to address claims of government "weaponization" f...