Wednesday, September 16, 2026

Tag: tax

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Can the Income Tax Department issue a notice after a taxpayer’s death? Allahabad HC answers

The Allahabad High Court has ruled that the Income Tax Department cannot issue a reassessment notice in the name of a person who has...

Foreign salary in NRE account not taxable for NRIs, ITAT quashes ₹12 lakh tax demand

क्या विदेश में अर्जित वेतन भारत में केवल इसलिए करयोग्य हो सकता है क्योंकि इसे जमा किया जाता है? अनिवासी बाहरी (एनआरई) खाता या...

Nepal withdraws 3% equity tax on private education, health sectors

Nepal government on Tuesday (July 21) withdrew the 3% equity tax imposed on private education and health sectors following widespread public criticism.In a social...

Unutilised CGAS funds: Don't let 3-year exemption deadline trigger tax notice

A widespread misconception exists that capital gains tax remains deferred until funds are physically withdrawn from the CGAS account. Source link

Made a mistake in filing income tax return? Here’s how to discard it before verification

Taxpayers may notice errors in their Income Tax Return (ITR) after submitting it on the income tax portal. Common mistakes include incorrect income details,...

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Introduction of MDR on large value transactions to strengthen UPI’s long-term sustainability: RBI

The introduction of Merchant Discount Rate (MDR) on large-value...

India’s July current account deficit doubles to $7 billion, but BoP surplus jumps

India’s current account deficit widened sharply in July, driven...

China’s economic momentum stays weak as consumption falters

China’s consumer spending and investment languished in August, even...

China seeks wider trade, economic cooperation with India, says concerns need balanced approach

At the meeting between India's Commerce and Industry Minister...

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