The proposed auto drivers strike has been withdrawn after talks between the Telangana government and Auto Workers JAC leaders. Hyderabad Auto Strike Called Off After Government Talks Hyderabad commuters received major relief on Sunday night after the Telangana auto drivers’ strike, which was set to begin from midnight, was called off at the last minute. The decision came after the state government

Why Filing ITR Matters Even When No Tax Is Payable Filing an income tax return can remain useful even when your final tax liability is zero. A timely ITR may help you claim excess TDS, carry forward eligible investment losses, document your income, and support future loan or visa applications. Benefits of Filing ITR With Zero Tax: 5 Reasons It Matters The benefits of filing ITR with zer

Documents Needed After Changing Jobs Taxpayers who changed jobs during FY 2025-26 must combine salary and TDS details from every employer. They should also verify AIS and Form 26AS and collect records related to bank interest, rent, home loans and capital gains before filing their return. Changed Jobs This Year? Keep These Papers Ready for ITR Filing New Delhi, July 28, 2026: ITR filing after a job change in

Gift Deed vs Inheritance: Which Saves More Tax? Gift deed and inheritance can both transfer family property, but their timing, cost, and control differ. This guide explains the 2026 income-tax rules, state-level stamp duty, registration requirements, documentation risks, and capital-gains impact before a family chooses either route. Gift Deed vs Inheritance in India: Which Saves More Tax?

ITR Deadline Missed? Know the Penalties and Tax Consequences Missing the applicable ITR due date for AY 2026-27 does not end your chance to file, but it may trigger a late fee, interest, and restrictions on carrying forward certain losses or choosing the old tax regime. Here is what taxpayers should know.   ITR Late Filing Penalty AY 2026-27: What Taxpayers Could Lose New Delhi, July 27, 2026: The ITR late fil

New vs Old Tax Regime for ₹13 Lakh Salary Explained A salaried person earning ₹13 lakh in FY 2025-26 may pay substantially less tax under the new regime. A corrected comparison for AY 2026-27 shows how the ₹75,000 standard deduction and Section 87A marginal relief change the final liability and regime choice.   ₹13 Lakh Salary Tax in 2026: Which Regime Is More Beneficial? A salaried taxpayer earning ₹13 lakh annually

ITR Filing Challenges 2026: AIS, Property, and Foreign Asset Errors Taxpayers filing income tax returns in 2026 face challenges involving property sale calculations, AIS mismatches, incorrect return forms, foreign asset disclosures and portal glitches. The Income Tax Department has also explained why overseas accounts and investments may now appear in AIS. Why Accurate Reporting Matters More This Filing Season New Del

Delhi EV Policy 2026: Cabinet Approves Big Push For Zero-Emission Transport By 2030 New Delhi, June 30: The Delhi Cabinet has approved a new Electric Vehicle Policy aimed at accelerating the capital’s shift towards zero-emission transport by 2030. The policy will be rolled out in phases over four years from July 1, 2026. Under the new policy, electric cars priced up to ₹30 lakh will be exempted from registration fees and road tax. The government has

Government Bond Tax Cut May Boost Foreign Investor Interest In India India is reportedly moving to ease tax rules for foreign investors as the rupee faces pressure and FPI outflows continue. Cabinet Move Targets Foreign Investors The Union Cabinet has reportedly backed an ordinance to ease tax rules for foreign investors in certain securities, a move aimed at making In

Key June Financial Updates Consumers Should Know June has brought a fresh set of money-related changes that may affect households, taxpayers, small businesses and digital payment users. From commercial LPG rates to UPI security checks, these updates can impact monthly budgets and financial planning. LPG Price Hike Hits Businesses Commercial LPG cylinder prices have incr

Indian nationals living in the United Arab Emirates will soon face stricter requirements when applying for a Permanent Account Number (PAN) card or updating existing details. From April 1, 2026, Aadhaar alone will no longer be sufficient for PAN applications, and additional supporting documents will be required. The change is part of revised rules und

India’s new Income-tax Act, 2025, effective from April 1, 2026, introduces several updates, but for Non-Resident Indians (NRIs), many core rules remain unchanged. The framework continues to maintain the fundamental conditions used to determine an individual’s residential status. Under the updated law, an individual is still considered a tax resident if they stay in India for 182 days or more in a financial year, or meet the combined condition of 60 days in the current year and 3

Non-Resident Indians (NRIs) earning rental income from properties in India may need to provide additional details such as their foreign address and Tax Identification Number (TIN), starting April 2026. This requirement comes under updated tax rules aimed at improving compliance in foreign remittances. Under the new framework, when rental income is transferred abroad and exceeds the specified threshold, certain compliance steps must be followed. These include submitting a Chartered A

The Karnataka government has proposed a major overhaul of its excise policy, introducing wide-ranging changes that could reshape the state’s liquor industry. The draft amendments aim to modernise regulations, simplify processes, and revise taxation, but have also raised concerns about transparency and consumer awareness. One of the most debated prop

In response to concerns over rising fuel prices amid global tensions, the Indian government has announced a significant reduction in excise duties on petrol and diesel. Starting Friday, the excise duty on petrol has been slashed to Rs 3 per litre, while the excise on diesel has been reduced to zero. This move comes after fears that the ongoing US-Israel conflict with Iran could lead to higher fuel prices, especially as global crude prices surged past $100 per barrel. Despite the dut