Business
Senior citizen woman had Rs 2.42 lakh FD and Rs 1.06 lakh cash deposit, she didn’t file ITR; tax officer determines Rs 5.15 lakh unexplained income – ITAT gives relief after 9 years
The Income Tax Assessing Officer (AO) issuing a notice under Section 148....
Govt eyes ethanol blending beyond E20 with flex-fuel vehicles, says PM advisor
India’s ethanol production capacity has surpassed the requirements for blending, prompting the....
Husband died in 2006, and widow was paid PF and gratuity; she filed for pension in 2011 but window had closed in 2010, here’s what Delhi High Court said
The Delhi High Court said the communication in question did not establish....
Woman returned from maternity leave to the same Rs 2.6 lakh monthly salary but fewer managerial duties; Delhi HC awards Rs 10 lakh, says pay alone cannot protect career
The High Court has made it clear that the statutory safeguard also....
Homebuyer promised 5,069 sq ft villa by builder, but only 3,900 sq ft delivered: Telangana RERA orders Rs 20 lakh refund and Rs 98 lakh penalty
Telangana RERA found that the builder had misrepresented the villa’s total area.....
Parents gifted their son a flat on condition he care for them; after he neglected them, Bombay HC cancelled the gift, but here’s why he may still inherit it later
The Bombay High Court considered Section 23 of the Senior Citizens Act.....
Breather for India? Trump’s Russia sanctions bill may be stalled for now; could have led to 100% tariffs
The Bill would allow Trump to impose tariffs of 100% on the....
8th Pay Commission salary hike calculator: A Level 8 employee could earn up to Rs 28.89 lakh extra over 10 years if annual increment rises from 3% to 7% with 2.15 fitment factor
One issue that is likely to come up again is the annual....
He got Rs 30 lakh salary but missed ITR filing after changing jobs due to delayed Form 16; Income Tax department imposed Rs 3.74 lakh penalty, how taxpayer won relief from ITAT
Although the Form 16 was not available to him, Aggarwal’s Form 26AS....
Start with Rs 25,000 basic salary, end with Rs 1 crore corpus: How EPF compounding math can make you a crorepati at 8.25% interest in less than 30 years with 6% annual increment
Over time, the interest earned on the accumulated balance earns interest, allowing....
