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FD rate up to 8.05% for senior citizens investing for five years; Know list of banksSenior citizens can now secure fixed deposit rates as high as 8.05% for a five-year term with select small finance banks. While these attra...
Delhi HC rules EY US secondment fees taxable in India, MNCs face higher costs for foreign talentMultinational corporations in India face a new tax challenge following a High Court ruling against EY US. The court determined that payment...
NRE vs NRO income tax rules: How these NRIs, OCIs can save up to Rs 20,500 on $10,000 FD investmentNRIs can significantly reduce tax on NRE deposits in India, as this income is tax-exempt. While NRO account interest is taxable in India, N...
NRE vs NRO: One account can make your interest tax-free, the other can attract over 30% TDSNRIs and OCIs can use NRE accounts for overseas income and NRO accounts for India-sourced income, but tax treatment differs sharply. NRE in...
Has Form 168 replaced Form 26AS for FY 25-26? Here's what taxpayers need to know for ITR filingForm 168: The Income Tax Department has unveiled Form 168, a comprehensive upgrade to the Annual Information Statement, effectively superse...
Tata's iPhone parts factory faces India health probe after farmer contamination complaintsA health probe is underway into liquid discharge from Tata's iPhone parts factory in Hosur. Farmers report skin issues and contaminated far...
ITR Filing: Tenants paying over Rs 50,000 rent must check this TDS requirement
TDS Challan correction for Income Tax Act, 2025 needs to be done using the old TRACES portal; Here’s how to do itTaxpayers must correct TDS challans for Tax Year 2026-27 on the old TRACES portal. This is crucial if the challan was mistakenly filed unde...
Indian crypto traders are moving to futures. Here's where the math actually worksWazirX Futures brings direct INR access, the lowest fees in the domestic market, and built-in risk guardrails to a segment that has quietly...
Will Rs 32 lakh EPF corpus withdrawal be tax-free? Are there better options than withdrawing?ET Wealth Reader's Query: I contributed to EPF until 2021 while working at an MNC. Since moving to a startup in 2022 that doesn’t offer PF,...
Water supply problems continue in Delhi; Yamuna's level at Wazirabad lower than required normalDelhi is experiencing water shortages across several areas. The Delhi Jal Board's water production is significantly below its summer target...
Delhi to have online water analysers to counter water contamination; pilot project launched in Gulmohar ParkDelhi Jal Board has started a pilot project to monitor water quality in real-time. An online water analyser is installed in Gulmohar Park t...
Tata's iPhone parts factory contaminated farmland water, India pollution body allegesAn Indian pollution regulator has warned Tata Electronics, a key supplier for Apple's iPhones, about a potential factory shutdown. The regu...
Quote of the Day by NY Times bestselling author Mark Manson: 'The desire for more positive experience is itself a negative...' – A powerful lesson on happiness, struggle, and accepting life’s hard moments by the author of The Subtle Art of Not Giving....Mark Manson's quote challenges the pursuit of constant happiness, suggesting that desiring only positive experiences creates dissatisfactio...
What crypto investors need to know for tax season 2026India's tax season now demands greater scrutiny for crypto investors as enforcement intensifies. New reporting requirements, including tran...
Salaried employees beware! These 5 mistakes during ITR filing can trigger unexpected tax demandsWith the ITR filing season for AY 2026-27 now underway, many salaried taxpayers who faced TDS shocks in the last quarter of FY 2025-26 are ...
Cement demand growth likely to moderate to around 5% in FY27: Ambuja CementsAmbuja Cements anticipates a 5 percent growth in India's cement demand for fiscal year 2026-27. This follows a stronger growth in the previ...
Paying rent above Rs 50,000? Failure to deduct TDS can make you an assessee in default; know what to doTenants paying over Rs 50,000 monthly rent must deduct TDS. This applies to individuals and HUFs not requiring tax audits. The TDS rate is ...
ITR filing 2026: 9 key checks every taxpayer must make for AY 2026–27India's income tax administration has become increasingly data-driven, with information from TDS/TCS reporting, SFT filings and other sourc...
Carlsberg bolsters India leadership ahead of planned IPO, appoints four new board membersCarlsberg India IPO: Carlsberg India is preparing for stock market debut. The company has added four directors to its board and converted t...