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Income tax authorities questioned a ₹25 lakh deposit by a Bengaluru resident. The cash deposit was subsequently treated as unexplained money and added back to her income. Here’s why ITAT Bangalore still ruled in her favour.
Creating a HUF allows families to benefit from independent taxation, separate deductions, and wealth management. However, merely establishing an HUF doesn’t lower tax liability. Here’s whether salaried individuals can form one.
Leaving your job at 40 does not necessarily stop EPF interest immediately. Under current EPFO guidance, an eligible EPF balance can continue earning interest until you turn 58.
A bigger Africa & a smaller Europe: What changes in new UN-backed world map
Pizza, meth & guns: Indian illegally living in US charged with drug trafficking
World No. 1 Aryna Sabalenka joked she might “get high” after the strong smell of cannabis interrupted her US Open match. The Belarusian complained to the umpire while facing Kamilla Rakhimova, but recovered to win in straight sets. Sabalenka later admitted the smell was unusually strong, while suggesting wind may have carried it into Louis…
‘Small potatoes for us’: Trump plays down Iran conflict, issues fresh warning
Eight people died when a car collided with a parked lorry in Thrissur district. The victims are believed to be students from neighboring Tamil Nadu. This tragic accident occurred in central Kerala’s Thrissur district on Saturday. Police are still working to confirm the identities of the deceased individuals. Further details regarding the cause of the…
Belgian Prime Minister Bart De Wever criticised protectionism and shifting tariff policies, in an apparent reference to US President Donald Trump, during his India visit
The Tetris Company said it was not involved in the White House game ‘Build the Wall’, which uses blocks resembling Tetris pieces to depict migrants approaching the US border