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US TAX SYSTEM
India's asset wealth management AUM projected to reach US$ 1.7 trillion by 2030: PwC reportIndia’s asset and wealth management industry is projected to reach US$1.7 trillion in AUM by 2030, driven by rising retail participation, g...
No slowdown yet, but inflation and El Niño are risks: ITC's Sanjiv PuriITC Chairman Sanjiv Puri revealed plans for a Rs 20,000 crore investment over the medium term, including hotel expansion. He highlighted st...
You Do Not Need ₹15 Crore to Retire Comfortably: How Bonds Can Build Predictable Retirement IncomeForget the daunting ₹15 crore retirement myth. For a couple retiring in their early 50s with ₹1 lakh monthly expenses, a ₹4-5 crore corpus ...
A tax-law argument could make or break Trump's H-1B $100,000 planA US court blocked a $100,000 H-1B visa fee, deeming it an unconstitutional tax imposed by presidential authority without congressional app...
Three ways Trump could get a stake in AI firms for the USPresident Donald Trump is actively investigating how to ensure that the American public can benefit from the lucrative advancements within ...
India bonds steady as dicey Iran truce, liquidity crunch curb appetiteIndian government bonds remained steady as traders adopted a cautious stance due to lingering U.S.-Iran tensions and tight banking liquidit...
How India can build a bigger oil buffer without straining the exchequerAs tensions around Iran and the Strait of Hormuz ease, India should focus not only on managing the immediate oil crisis but also on strengt...
Yuan or Dollar? Indian businesses explore alternatives as import costs climbIndian businesses, particularly MSMEs, are hesitant to adopt yuan-denominated settlements despite a weakening rupee. They prioritise locali...
India short-bond rally faces risks from cash drain, analysts SayBofA Securities and Bandhan AMC Ltd. expect the Reserve Bank of India to step up short-term cash withdrawal operations in coming months as ...
IndAI sovereignty, a fable: Frontier AI is now a geopolitical tool — India must leverage its market accessibilityIndia faces a critical juncture as powerful AI models are restricted by the US. This move impacts the security of India's digital infrastru...
Supreme Court rejects plea challenging Income Tax break to STs in North EastThe Supreme Court has declined to hear a petition questioning the income tax exemption for Scheduled Tribes in certain north-eastern states...
Five reforms India needs before the next shockIndia faces economic vulnerabilities from external crises. Five reforms are proposed to build resilience. These include reducing gold and c...
AI startup Pramaana Labs raises $27 million in seed funding led by Khosla VenturesPramaana Labs, an AI startup, has secured $27 million in seed funding. The company develops technology to ensure AI answers are mathematica...
JLR pivots to flexible powertrains amid slow pace of electrificationJaguar Land Rover is adjusting its strategy. The company will offer a mix of petrol, hybrid, and electric vehicles. This change comes after...
Private bus operators raise concerns over Kerala's free travel scheme for womenPrivate bus operators in Kerala are worried about the new free travel scheme for women on KSRTC buses. They claim it is hurting their busin...
'If you import people from Third World Countries...': Trump reiterates stance on immigrationPresident Trump renewed his criticism of immigration, stating that large-scale migration from developing countries could undermine the US. ...
Adani Enterprises shares in focus on partnership with Jabil to build AI data centres in IndiaAdani Enterprises will be in focus after announcing a strategic partnership with Jabil to develop an AI and data centre infrastructure manu...
Petrol, Diesel prices today (June 16, 2026): Fuel rates remain unchanged across major Indian citiesFuel prices held steady on June 16, 2026, providing relief after recent hikes. Global oil prices saw a rebound due to supply concerns and g...
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...
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...