A Bengaluru man's detailed Reddit post reveals he earned Rs 2,220 in 4 days as a part-time Rapido captain. His breakdown of hours, fuel costs, and night incentives offers a rare, transparent look at gig work income in India. Read his full story.
Saudi Arabia eliminates Qualified Foreign Investor rules, opening its $2.3 trillion stock market to all global investors from February 1. This major reform aims to boost inflows and revive the Tadawul index after a 13% slump.
An OCI cardholder consultant working from India asks if foreign client fees are taxable. Expert explains residential status, FEMA rules, and disclosure requirements. Read more.
Delhi High Court rules a husband's foreign earnings cannot be simply converted to INR for maintenance. Justice Amit Mahajan enhances interim maintenance to Rs 1 lakh per month. Read the full analysis.
PIB Fact Check refutes viral social media claim of an 85% tax on transactions over ₹10 lakh. No such tax exists. Read details on the new Income Tax Act 2025 and its simplified rules.
Taxpayers can file revised ITR until Dec 31, 2025 for AY 2025-26. Learn how to check your refund status online and understand common reasons for processing delays.
Allahabad High Court mandates interim maintenance for women from application date, not court order date, criticizing delays. Landmark ruling ensures financial security.
Telangana's per capita income is set to hit $5,000, surpassing nations like Pakistan and Nepal. Driven by GCCs and steady growth, the state's economy is reshaping its global standing. Explore the full analysis.
A Delhi court ordered a man to pay Rs 5 lakh per month as interim maintenance, stating sustenance is not mere survival. The ruling emphasizes a wife's right to live with dignity, matching her marital status.
Uttarakhand High Court dismissed a petition challenging a family court's order for a husband to pay Rs 5,000 monthly maintenance to his wife, emphasizing the gap between earning capacity and actual income.
NITI Aayog's new paper recommends decriminalising many income tax offences to shift from fear to trust-based compliance. Could this reform boost investment and ease business?
Allahabad High Court mandates interim maintenance for women from application filing date, not court order date, to prevent financial hardship. Justice Rajiv Lochan Shukla modifies family court order in Sonam Yadav case.
Delhi High Court modifies child maintenance order, emphasizing a father's legal & moral duty. Justice Sharma says a mother's job doesn't absolve her of child-rearing burdens. Read the landmark ruling.
A scheduled mega block on Mumbai's Central Line from Mulund to Matunga allowed for crucial track, signal, and overhead equipment maintenance. Services are set to resume post-block, promising safer commutes.
Chartered accountant Mahesh Nayak received a tax notice for undisclosed foreign assets. Learn how to correctly declare US RSUs in your ITR, including cost vs. current value and filing a revised return.
Top diplomats from Thailand and Cambodia held talks in China to strengthen a ceasefire after deadly border clashes. The meeting, facilitated by Beijing, focused on de-escalation and peace.
Foreign investors pulled a record $18B+ from Indian equities in 2025. We explore the reasons behind the tepid interest despite 8% GDP growth and its implications for India's economy. Read the full analysis.
India's foreign exchange reserves rose sharply by $4.368 billion to $693.318 billion in the week ended December 19, as per RBI data. Gold reserves saw a strong gain. Read the full analysis.
Democratic senators warn of a global leadership vacuum as Trump recalls 30 envoys. Could China and Russia exploit the gap? Read the full analysis.
Calcutta High Court rules UK courts can hear divorce & maintenance for a marriage solemnised in India if a spouse lives there. Key ruling on jurisdiction under Hindu Marriage Act.
Taxpayers have until January 31, 2025, to file revised income tax returns for AY 2025-26. Learn the step-by-step process and crucial rules for correcting errors in your ITR.
India's upcoming Household Income Survey 2026 aims to close a decades-long data gap on what homes earn, moving beyond consumption for better policy. Read how this will reshape economic understanding.
The Income Tax Department's CPC has a strict deadline to process ITRs. If missed, your filed return is deemed accepted. Learn how to claim your refund if delayed.
Income Tax Dept sends bulk SMS/emails about refunds on hold due to mismatched ITR details. Taxpayers must file revised return by Dec 31. Learn how to fix errors.
Many taxpayers report receiving emails/SMS from the Income Tax Department stating their refunds are on hold due to discrepancies. The deadline to file a revised ITR for AY 2025-26 is December 31, 2024. Get clarity on the issue.
Indian taxpayers must file revised or belated Income Tax Returns by December 31, 2025 for FY 2024-25. Experts explain the rules and post-deadline options like Updated Returns.
Indian taxpayers can still disclose foreign income & assets by filing a revised ITR before December 31. Learn about Schedule FA, FSI, and how to avoid heavy penalties under the Black Money Act.
Income Tax department contacts multinationals, urging them to warn India-based employees to disclose foreign income & assets by year-end or face ₹10 lakh penalty under Black Money Act.
Discover the top 10 wealthiest US states by median household income in 2024, from Massachusetts at $104,828 to Connecticut. Explore the economic drivers behind their success.
Inadvertent failures to disclose foreign assets like ESOPs or old insurance policies can lead to severe penalties under the Black Money Act, as seen in recent cases from Mumbai and Baroda. Learn how to stay compliant.