income

Reporting income/assets etc. in the ITR should be matched with Annual Information Statement (AIS). As through system checks and reconciliation runs, using technology for ITR processing might trigger even small gaps, errors or incorrect claims and may lead to prompt questions.

TDP Tops income Charts, YSRCP Leads Spending, BRS income Plunges 82%

Many salaried taxpayers are already gearing up to submit their returns, hoping to finish the process early, receive refunds sooner or avoid the usual rush closer to the deadline. But before rushing to file, there is one crucial question taxpayers should consider.

In a landmark decision, the income Tax Appellate Tribunal has overturned an erroneous denial of TDS credit to a taxpayer whose earnings were captured through Form 26AS. The tribunal asserted that acknowledging TDS credits is an essential step in preventing the injustice of double taxation.

Every crisis reminds us that markets can swing like a pendulum between greed and fear. Fixed income offers comfort in those phases and does its job as a stabiliser.

At 71, Anupam Kher reflects on his career, highlighting how his bold debut in 'Saaransh' defied warnings of typecasting. He credits his grounding to measuring success against his humble beginnings, not comparing past achievements. Kher is currently engaged with his play 'Jaane Pehchaane Anjaane'.

N Bhujanga Rao, an accused in the phone-tapping case, has been booked by the ACB in a disproportionate assets case. Simultaneous searches are underway at 13 locations as officials found he possesses assets exceeding his known income. Rao had previously been in judicial remand for his alleged role in the phone tapping scandal.

June begins with minor setbacks, testing Sagittarian patience, but soon brings opportunities for strategic planning and improved social connections. Career and income see significant growth by month's end, though mental peace requires careful management. Relationships deepen through practical teamwork, and family support remains a cornerstone. Financial gains are possible, but discipline is key.

Reports suggest that PM Narendra Modi-led Union Cabinet on Wednesday cleared an ordinance that will amend the income Tax Act and enable the proposed tax exemption.

Roman Reigns, a prominent WWE superstar, has amassed an estimated net worth of $20 million by 2026. Earning approximately $15 million annually from WWE, including salary, bonuses, and merchandise, he also secures additional income from Hollywood appearances and endorsements. Reigns leads a lavish lifestyle, owning expensive vehicles and a mansion in Tampa, Florida.

Gig workers in Ranchi are facing a severe income crisis as fuel prices surge for the fourth time in 11 days. With petrol now at Rs 105.75 per litre, their earnings have plummeted, leaving them with minimal profit after operational costs. Demands for compensation adjustments and worker status are growing as livelihoods become unsustainable.

Retirees can also choose structured, market-linked payouts to better manage longevity risk

The move is aimed at making Indian debt markets more attractive to overseas investors while helping shield the economy from the effects of the continuing Iran conflict.

Widespread manipulation is undermining the Right to Education (RTE) Act's EWS quota in Gurgaon. Private schools' ground verifications reveal fake income certificates, false proximity claims, and fabricated job details, with families claiming EWS status found to be affluent. This systemic gap denies genuine beneficiaries access, prompting calls for stricter verification.