tax collected at source

Neighbouring Andhra Pradesh has an even more layered structure, according to data from the Petroleum Planning & Analysis Cell

Excise Dept Begins Fuel Sales Audit To Tighten VAT Collection

Elon Musk's xAI reportedly promised employees $420 for submitting personal US tax returns to train its AI, Grok. However, payments are delayed by two months, raising concerns about data handling and compensation commitments. This initiative aimed to enhance Grok's financial capabilities, but internal disruptions may be the cause of the hold-up.

Kolkata civic authorities have launched a probe into the legality of properties owned by Trinamool leader Abhishek Banerjee and associates, pasting notices on several buildings, including 'Shantiniketan'. The move, which could lead to demolition if violations are found, has prompted the Banerjee family to prepare for a legal battle, terming it 'vendetta politics'.

GSR Test Turns Positive As Mum Link Emerges

Hardik Gajjar's 'Krishnavataram Part 1: The Heart' is captivating audiences, presenting Lord Krishna's epic saga through Satyabhama's eyes. The film, starring Siddharth Gupta, has garnered significant box office success, earning over Rs 20 crore net in India. Inspired by Raam Mori's novel, it explores Krishna's relationships and was recently made tax-free in Uttar Pradesh. Read on to know more in detail.

Traders flag confusion, supply gaps and margin pressure

The successive hikes come after an extended period during which retail fuel prices remained unchanged, despite higher global crude prices, shrinking refining margins, and weakness in the rupee significantly increasing import costs.

Former India captain MS Dhoni has been revealed as the highest individual taxpayer from Jharkhand and Bihar combined for the 2025-26 financial year. The Principal Chief Commissioner of Income Tax confirmed Dhoni's top position, though the exact tax amount remains undisclosed. This achievement highlights Dhoni's significant financial contribution to the region.

Facing a widening trade deficit, India's Prime Minister urges reduced gold purchases. Industry bodies propose tapping into the nation's vast household gold reserves. Their plan involves using refined household gold for domestic demand and channeling imported gold into jewellery exports via gold metal loans, aiming to boost working capital and cut imports.

India's economy has faced significant challenges from global oil price surges over the past fifty years. From the 1973 Arab embargo to the recent Hormuz disruption, these shocks have impacted inflation and foreign exchange reserves. Policymakers have continuously adapted strategies to manage these crises, balancing economic stability with consumer needs.

This summer, the Urban Development and Housing Department is prioritizing the assurance of seamless water access and improved sanitation in Jharkhand's urban areas. Local governments are called to action to expand piped water systems, mend hand pumps, and strengthen waste management strategies, particularly door-to-door collection and proper segregation of waste.