India notifies QCO enabling flexible sourcing framework for some sectorsIndia has unveiled a new Quality Control Order for 2026, offering a flexible sourcing framework for key industries like toys and electronic...
25 Jun, 2026, 11.42 PM IST
Ex-Kerala CM's daughter appears before ED in PMLA case for second timeVeena T, daughter of former Kerala CM Pinarayi Vijayan, faced a second round of questioning by the Enforcement Directorate (ED) in Kochi re...
25 Jun, 2026, 11.45 AM IST
India's growth story runs through waterIndia's ambitious industrial expansion faces a critical hurdle: water scarcity. As manufacturing's GDP contribution targets 25%, companies ...
24 Jun, 2026, 11.38 PM IST
India's AI boom cannot ignore its water crunchIndia's AI growth risks exacerbating severe water stress as data centers, crucial for AI infrastructure, consume vast amounts of water. Cit...
24 Jun, 2026, 11.32 PM IST
Banking liquidity slips into deficit on tax outflowsBanking system liquidity slipped into deficit for the first time in three months, falling to ₹19,971 crore on Monday from a surplus of ₹30,...
24 Jun, 2026, 12.21 AM IST
Income Tax AY 2026-27: Even if your salary income is below Rs 12.75 lakh, you still need to pay tax for these incomesIncome Tax AY 2026-27: Salaried individuals earning up to Rs 12.75 lakh annually may enjoy zero tax liability due to enhanced Section 87A r...
23 Jun, 2026, 02.14 PM IST
Have a US 401(k)? Indians must report withdrawals and maturity details in ITR schedules FSI and FAIndian taxpayers with US 401(k) accounts must now report withdrawals and maturity details in ITR schedules FSI and FA. Failure to disclose ...
23 Jun, 2026, 11.30 AM IST
Taxman to track slipping sectors & top tax payersThe communication, dated June 16, a copy of which was seen by ET, also mandated each zone to submit a report to the Directorate of Tax Rese...
22 Jun, 2026, 11.44 PM IST
Annuity flexibility, tax tweaks can accelerate NPS growth: Axis Pension Fund CEO Sumit ShuklaA senior executive believes greater flexibility in retirement withdrawals and restored tax incentives could significantly boost the Nationa...
22 Jun, 2026, 04.44 PM IST
Credit card points: How to use them for free flights, hotel stays, and better travel rewardsTravellers should also remember that loyalty program transfers are generally irreversible. Before moving points to an airline or a hotel pr...
22 Jun, 2026, 09.29 AM IST
ITR filing AY 2026-27: 8 costly mistakes taxpayers should avoid this tax return filing seasonThe I-T Department’s growing scrutiny, using AI and data analytics tools, leaves little room for omissions and errors, making accurate tax ...
22 Jun, 2026, 09.25 AM IST
What is DTAA? How to avoid double taxation on foreign income and claim tax credit in IndiaIf you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 1...
22 Jun, 2026, 06.30 AM IST
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...
19 Jun, 2026, 05.41 PM IST
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...
19 Jun, 2026, 03.44 PM IST
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...
19 Jun, 2026, 03.02 PM IST
Despite West Asia crisis, net direct tax mopup grows 15% to Rs 5.2 lakh croreIndia's direct tax collections have seen a significant rise of over 14 percent. This growth is driven by strong advance tax payments from c...
19 Jun, 2026, 12.52 AM IST
Paying rent but not receiving HRA? Here’s how non-salaried individuals can claim tax deductionSelf-employed individuals and salaried employees not receiving House Rent Allowance (HRA) can claim tax benefits for rent paid under Sectio...
18 Jun, 2026, 01.30 PM IST