Identified taxpayers are being sent SMS and email under the government’s NUDGE campaign. (AI image) ITR filing FY 2024-25 (AY 2025-26): The Income Tax Department is stepping up scrutiny for tax returns and many taxpayers are getting alerts to check their exemption and deduction claims. The last date to file income tax returns for FY…
This is a representative AI image NEW DELHI: After US President Donald Trump’s proposal to impose a $100,000 entry fee on new H-1B visa applications, the Department of Homeland Security (DHS) has announced a major overhaul of the visa selection process replacing the long-standing random lottery system with a wage-weighted selection model.In a statement on…
Reserve Bank of India (ANI image) The Reserve Bank of India (RBI) has issued a draft proposal aimed at making cross-border payments more transparent and consumer-friendly. With this, the bank aims to address long-standing complaints about hidden charges and unclear pricing in foreign exchange transactions.A large number of individuals face difficulties while making overseas payments…
A US district court judge has upheld President Donald Trump’s decision to impose a $100,000 entry-fee on new H-1B visa workers hired from outside the US, delivering a significant legal win to the administration’s assertion of broad executive authority over immigration.In an order issued on Tuesday night, Judge Beryl A. Howell, of the Columbia district…
The Union Cabinet has approved the Delhi Metro Rail Project Phase-VA, paving the way for the construction of 13 new stations and extending the capital’s metro network beyond the 400-km mark, union minister Ashwini Vaishnaw said. According to details presented, the Phase-VA project will involve the construction of 13 stations, of which 10 will be…
ICAI proposes that married couples be given the option to file a single, joint return. (AI image) Pre-budget suggestions are pouring in, in the North Block. As the government gears up to present the 2026 budget, one proposal stands out for its potential impact on millions of households: optional joint taxation for married couples. It…
Every solid portfolio begins with one core equity fund that can quietly do the heavy lifting for years. (AI image) You don’t need 15 funds; 4–6 well-chosen ones are enough for most investors.The most common portfolio problem I see these days is not “too little choice”. It’s a fridge stuffed with leftovers.Open a typical investor’s…
Representative image (AI) LIC Housing Finance has announced a reduction in its home loan interest rates, providing fresh relief to homebuyers. The lender has lowered the starting rate on new home loans to 7.15%.The revised rates are linked to the borrower’s CIBIL score, with customers having a score of 825 or above eligible for the…
Representative image (AI-generated) The Income Tax Department on Tuesday issued a press release clarifying why several taxpayers have received emails and SMS alerts seeking a review of their tax deduction and exemption claims.The department urged taxpayers to review their deduction and exemption claims for the current assessment year and take corrective steps before the revised…
Hindustan Coca-Cola Beverages (HCCB), the bottling arm of Coca-Cola India, is set to lay off around 300 staffers as part of a plan to improve profitability and streamline operations.The company has approximately 5,000 employees and 15 manufacturing units, bottles and distributes brands such as Coca-Cola, Thums Up, Sprite, Minute Maid juices and Kinley water.A company…
