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US trade representative opens Section 301 probe against Brazil

The Office of the US Trade Representative on Tuesday opened an investigation into Brazil over its trade practices and whether they are unfairly restricting...

I want to invest in my NRI daughter’s PPF—am I eligible for a Section 80C tax benefit?

Q. My daughter is settled in the UK after her marriage in 2021 and is a British passport holder. She had opened her PPF...

Income Tax: Can I claim relief under Section 89(1) without a break-up of salary arrears?

Q. My company has been going through some financial problems and have been paying me a salary irregularly (less than net every month) since...

Income tax notice under Section 143(1)? Here’s what it means and what to do

After you file your Income Tax Return (ITR), the Income Tax Department runs a preliminary check to verify your submission. Based on this review,...

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RBI says forex inflows under swap facility cross $40 billion by July-end

The Reserve Bank of India (RBI) on August 1...

Commercial LPG cylinder prices cut from August 1; domestic rates unchanged

Indian Oil Corporation (IOC) has reduced the price of...

Cabinet extends PM-KISAN till FY31, approves ₹5,070 crore floating solar scheme

The Union Cabinet on Friday approved a series of...

India’s fiscal deficit widens to ₹3.1 lakh crore in Q1 despite higher tax collections as capex picks up

India's fiscal deficit widened to ₹3.1 lakh crore during...

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