Clipped from: https://www.businesstoday.in/personal-finance/tax/story/filing-itr-this-year-this-common-itr-mistake-could-quietly-trigger-a-tax-notice-in-fy26-528257-2026-04-30 Filing your income tax return may seem straightforward, but even small oversights can trigger unexpected scrutiny. With tighter data checks in place, accuracy
Month: April 2026
LLP vs Private Limited Company: Which structure is better for your business in 2026? – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/llp-vs-private-limited-company-which-structure-is-better-for-your-business-in-2026-528289-2026-04-30 Choosing between an LLP and a Private Limited Company can shape your business’s future growth, taxation, and funding options. Understanding the key differences
*****Between early December 2025 and the end of March 2026, the rupee moved from 84.68 to 94.65 against the dollar — a fall of nearly 11.8 per cent in under four months. –This article answers all the questions — Worth reading second time — Courtesy BL
Between early December 2025 and the end of March 2026, the rupee moved from 84.68 to 94.65 against the dollar — a fall of nearly
*****Why the rupee has fallen steeply – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/why-the-rupee-has-fallen-steeply/article70921489.ece Despite the economy doing well, there was sustained foreign capital outflow which put pressure on the rupee and affected the sentiment around it
*****West Asia crisis creates a need to reprioritise policies and fiscal spending: CEA Nageswaran – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/west-asia-crisis-creates-a-need-to-reprioritise-policies-and-fiscal-spending-cea-nageswaran/article70921556.ece India enters this challenging phase from a position of relative strength, Nageswaran says Chief Economic Advisor V Anantha Nageswaran (right) in an interaction
Challenge of Mythos – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/editorial-challenge-of-mythos/article70920902.ece Cyber security, regulation might have changed forever Unlike earlier AI systems that assisted with coding or security analysis, Claude Mythos reportedly possesses the
*Rs 1 crore gold seized from taxpayer in income tax search with no purchase bills — can it be taxed? ITAT ruling explains – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/rs-1-crore-gold-seized-from-taxpayer-during-search-with-no-purchase-bills-can-it-be-taxed-itat-ruling-explains-4222161/ Gold found in an Income Tax search isn’t always taxable. A recent ITAT ruling shows how CBDT’s jewellery limits can help taxpayers avoid
Representing Counsel Fails to File Income Tax Appeal on Time: ITAT Condoned Delay Subject to ₹20k Costs [Read Order]
lipped from: https://www.taxscan.in/top-stories/representing-counsel-fails-to-file-income-tax-appeal-on-time-itat-condoned-delay-subject-to-20k-costs-1445494 The ITAT Chandigarh condoned delay in filing appeal where the delay arose due to the assessee’s counsel, but imposed a cost of ₹20,000
US Fed holds rates steady between 3.5%-3.75% – 7 key takeaways from Powell’s final meet as chair – Global Markets News | The Financial Express
Clipped from: https://www.financialexpress.com/market/global-markets/us-fed-holds-rates-steady-between-3-5-375-7-key-takeaways-from-powells-final-meet-as-chair/4222641/?ref=hometop_hp The US Federal Reserve held interest rates steady at 3.50%–3.75% while Jerome Powell highlighted inflation concerns, rising oil prices, and global uncertainty, signalling
Food card reporting in ITR: What salaried employees need to know for FY27 – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/food-card-reporting-in-itr-what-salaried-employees-need-to-know-for-fy27-528062-2026-04-29 The revised Income-Tax Rules, 2026 have made meal cards a powerful tax-saving tool by increasing the exemption limit to ₹200 per meal. However,
Labour Codes face friction from state law overlaps, says experts
Clipped from: https://www.business-standard.com/industry/news/labour-codes-state-law-overlap-compliance-uncertainty-india-126042901081_1.html Overlaps between Labour Codes and state laws on working hours, leave and overtime may create compliance uncertainty, especially for firms operating across multiple
Income tax refund rules change from April 2026: Check these 2 important updates for Tax Year 2026-27 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/income-tax-refund-rules-change-from-april-2026-check-these-2-important-updates-for-tax-year-2026-27/articleshow/130595920.cms Listen to this article in summarized format The original Finance Bill, 2026 introduced in Budget 2026, stated that all interest on tax refunds
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