NRIs should first confirm their tax residential status for the relevant financial year and accordingly report their taxable income. ITR filing FY 2025-26: July 31, 2026 is the deadline to file income tax returns for salaried taxpayers and pensioners. Non Resident Indians (NRIs) are also required to offer their Indian income to tax in their…
There are several benefits associated with the use of plastic or polymer notes. (Image for representative purpose) In the coming months you may be holding a currency note made of plastic instead of paper! India has taken the first step towards introduction of plastic or polymer notes. The move revives a project that was first…
Samudra Manthan is projected to help add more than 600 million metric tons of oil Equivalent (MMTOE) to India’s reserves. Samudra Manthan scheme: Amid the ongoing Middle East crisis, India has announced a Rs 84,084 crore scheme for oil and gas exploration. PM Narendra Modi-led Union Cabinet approved the ‘Samudra Manthan’ National Offshore Exploration Scheme…
Markets open higher; Nifty tops 24,360, Sensex nears 78,000 Indian benchmark indices opened higher, tracking positive global cues and continued foreign investor buying. The Nifty 50 rose 44.30 points (0.18%) to 24,361.50, while the Sensex gained 70.51 points to 77,998.70. Broader markets also remained firm, with the Nifty Midcap 100 advancing 175.25 points (0.28%) to…
MUMBAI: As online shopping increasingly becomes the norm in smaller cities and towns, Amazon and Flipkart are mounting a fee war-they are doing away with commissions or fees charged to sellers for transacting on the platforms. The companies have done it twice since last year for a wide range of products across categories priced within…
Sebi (representative image) MUMBAI: National Stock Exchange (NSE) on Thursday said that markets regulator Sebi has accepted in-principle revised terms of settlement for certain past regulatory lapses, against a payment of Rs 1,491 crore. The settlement issue which was under process for several years, now paves a smooth sailing of NSE’s IPO for which the…
India will develop its own control protocols for high-speed rail. India is aiming to achieve new milestones in manufacturing with its first bullet train project. After deciding to manufacture the high-speed train indigenously for the Mumbai-Ahmedabad bullet train corridor, Indian Railways is now looking at in-house advanced signalling system for other upcoming corridors.Indian Railways is…
July 31, 2026 continues to the last date on which salaried taxpayers and pensioners can file their income tax return. ITR filing FY 2025-26 deadline extension: Will the income tax return filing deadline of July 31, 2026 be extended? As of now there is no intimation from the Income Tax Department on extension of the…
A proposed $100,000 post-study work fee could make it significantly more expensive for international students to work in the US post graduation The Trump administration is considering imposing a $100,000 fee on international students seeking to work in the United States after graduating from American universities, according to people familiar with the matter, in a…