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The Income Tax Appellate Tribunal ruled that vested ESOPs are not taxable as salary until exercised. It held that gains from Flipkart’s repurchase of unexercised vested stock options are taxable as long-term capital gains, providing clarity on the tax treatment of ESOP buyback transactions.
The RBI’s decision to keep the repo rate unchanged at 5.25% is expected to support homebuyer sentiment and sustain housing demand during the festive season, according to real estate industry experts. The central bank also retained its neutral policy stance, citing uncertainties around inflation, monsoon trends, El Niño, geopolitics and global trade policies.
UPI MDR: Government proposes changes to the Payment and Settlement Systems Act. This could allow a Merchant Discount Rate on select UPI transactions. Large merchants and transactions over Rs 2,000 may face new charges. This aims to support payment infrastructure investment and cybersecurity. Most everyday UPI payments are expected to remain free of charges.
Kazakhstan has released adult Amur tigers into the wild after a 70-year absence. This reintroduction follows extensive habitat preparation and prey population restoration efforts. Scientists confirmed the genetic similarity between extinct Turanian and current Amur tiger populations. The country has implemented a comprehensive conflict-prevention system for human-tiger coexistence. This significant conservation initiative aims to re-establish…
Surrey student builds wearable that detects IV leaks before swelling
New whale stomach bacteria found: Scientists identify 3 Helicobacter genotypes
Federal judges have ruled against Donald Trump’s second-term administration in 75 First Amendment cases, finding that it infringed speech, religion and press freedoms despite his pledge to end ‘government censorship’.
North Koreans told to eat dog meat soup to beat summer heat
The eagerly anticipated Australian Open is set to reintroduce the exciting Million-Dollar 1 Point Slam event in 2027. This thrilling exhibition match allows players to compete for a staggering prize of one million Australian dollars. After a successful inaugural run where an amateur triumphed, fans are looking forward to witnessing more suspenseful moments as one…
Japan’s service sector growth slows as new orders hit 25-month low