Month: March 2026

Clipped from: https://www.business-standard.com/world-news/jury-finds-musk-misled-investors-in-twitter-deal-clears-some-fraud-claims-126032100050_1.html The nine-person jury returned the verdict after 3 days of deliberation, nearly three weeks after the trial began on March 2 Musk’s fortune

Clipped from: https://www.businesstoday.in/magazine/deep-dive/story/how-the-war-in-west-asia-is-affecting-the-indian-economy-521359-2026-03-19 The West Asia conflict has disrupted oil and gas supplies and brought the rupee under more pressure. A prolonged war could have wider

Clipped from: https://www.financialexpress.com/business/news/hdfc-bank-exit-note-deepens-unease-as-experts-flag-tensions/4178197/ HDFC Bank faces an internal crisis as former Chairman Atanu Chakraborty’s resignation exposes a “clash of egos” and disagreements over moral responsibility in

Clipped from: https://www.financialexpress.com/trending/bengaluru-shocker-family-attempts-to-parcel-elderly-father-as-couriernbspfor-reel/4176845/?utm_source=Taboola_Recirculation&utm_medium=RC&utm_campaign=FE A family in Bengaluru landed in trouble after attempting to ‘courier’ an elderly man in a gunny sack to Mangaluru, later claiming it

Clipped from: https://www.financialexpress.com/business/news/tax-matters-reaching-courtsnbspsignal-systemic-failure-fm/4179351/ Finance Minister Nirmala Sitharaman has launched Income Tax Website 2.0 and the ‘Prarambh 2026’ campaign, urging tax officials to aggressively reduce litigation under

Clipped from: https://www.financialexpress.com/money/10-big-income-tax-changes-from-april-1-from-rs-2-crore-digital-tax-trigger-to-tighter-salary-perkswhat-you-need-to-know-4179095/ From taxing global digital firms to redefining employee perks and valuation rules, the newly notified Income Tax Rules 2026 signal a major shift

Clipped from: https://www.financialexpress.com/money/your-queries-on-income-tax-pay-tax-on-dividends-from-stocks-at-your-slab-rate-4179154/ Expert tax advice on navigating Indian income tax rules for 2026, including dividend taxation, interest penalties for missing the March 15 advance tax

Clipped from: https://www.financialexpress.com/money/new-i-t-rules-extend-hra-to-more-cities-raise-perks-limits-4179161/ The CBDT has notified the Income-tax Rules 2026, replacing the 1962 framework. Key changes effective April 1 include a 30x increase in children’s

Clipped from: https://www.financialexpress.com/money/tax-talk-rent-paid-landlords-pan-will-come-prefilled-in-itr-4179249/ Starting April 2026, India’s salaried class will transition to the New Income-tax Rules 2026. Key updates include the reclassification of Bengaluru, Hyderabad, Pune,

Clipped from: https://www.taxscan.in/top-stories/income-tax-order-not-uploaded-on-website-or-otherwise-served-jharkhand-hc-disposes-petition-allows-appeal-1444088 A reference to an earlier order under Section 272A(1)(d) was made but the revised order, according to the appellant-petitioner, Bhardwaj Steels Private Limited,

Clipped from: https://www.taxscan.in/top-stories/issue-of-non-service-of-notice-us-sec-143-requires-new-examination-itat-remands-53-lakh-addition-to-ao-for-fresh-adjudication-1444101 ITAT Mumbai remands ₹53 lakh addition as non-service of mandatory Section 143(2) notice and jurisdictional assessment errors occurs. The Income Tax AppellateTribunal (ITAT) Mumbai

Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/10-years-after-credit-card-was-closed-bank-sent-legal-notice-demanding-rs-33-lakh-cardholder-fights-back-and-wins-rs-5-lakh-compensation/articleshow/129676697.cms On August 27, 2010, Mr Venkatesh from Mysore, Karnataka, submitted a request to close his credit card and made a payment of Rs 15,500. The

Clipped from: https://www.thehindubusinessline.com/money-and-banking/misuse-of-insolvency-and-bankruptcy-code-by-loan-defaulters-has-tendency-to-badly-impact-economy-hc/article70761462.ece The court said it has noticed a “disturbing trend” in which chronic defaulters take resort to the provisions of the IBC to frustrate

Clipped from: https://www.thehindubusinessline.com/money-and-banking/hdfc-bank-chakrabortys-sudden-exit-as-part-time-chairman-stirs-hornets-nest/article70762478.ece Stock hits 52-week low; bank’s board may approach M Rajeshwar Rao, former Deputy Governor of RBI, to replace Chakraborty The sudden departure of

Clipped from: https://www.business-standard.com/opinion/columns/when-resolution-becomes-recovery-shift-towards-enforcement-framework-126031701395_1.html The IBC was designed to address collective action problems and prevent a race for enforcement that destroys going-concern value Illustration: Binay Sinha Listen

Clipped from: https://www.business-standard.com/opinion/editorial/strengthening-oversight-why-audit-companies-must-improve-governance-126031901335_1.html The broader challenge lies in the growing complexity of modern corporate structures and the pressure on audit firms to balance commercial interests with

Clipped from: https://www.business-standard.com/finance/news/first-time-credit-monitoring-rises-27-user-base-hits-183-million-cibil-126031901079_1.html First-time credit monitoring in India rises 27%, with user base reaching 183 million, driven by Gen Z, women and non-metro consumers, says CIBIL

Clipped from: https://www.business-standard.com/finance/personal-finance/new-tax-law-from-april-1-what-it-means-for-income-filing-and-compliance-126031901199_1.html Taxpayers must be able to distinguish between matters where the old tax law still applies and those where the new one does India’s

Clipped from: https://www.business-standard.com/finance/news/rbi-support-for-hdfc-bank-rare-but-not-unusual-experts-126031901279_1.html RBI’s swift support for HDFC Bank after chairman’s exit aims to calm depositor and investor sentiment, reflecting a rare but not unprecedented regulatory

Clipped from: https://www.financialexpress.com/money/woman-sells-india-property-and-reinvests-in-us-home-tax-exemption-denied-itat-gives-relief-on-this-ground-4178064/ The ITAT has ruled that taxpayers can claim Section 54 exemption on capital gains for properties purchased outside India, provided the investment was