Month: June 2026
Thanks, Trump-ji for the push we needed
Read more at:https://economictimes.indiatimes.com/opinion/et-editorial/mind-your-language-education-policy/articleshow/131727860.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Synopsis US attempts to control advanced AI model exports face challenges. This may push nations like India to develop their own AI
Tech denial’s come home: The Anthropic shock is India’s wake-up call
Read more at:https://economictimes.indiatimes.com/opinion/et-commentary/tech-denials-come-home-the-anthropic-shock-is-indias-wake-up-call/articleshow/131727684.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Synopsis The US government has restricted access to advanced AI models, impacting even its own engineers. This action highlights conditional trust for
Banks expect $40–50 billion via FCNR(B) deposits
https://www.financialexpress.com/business/banking-finance-banks-expect-4050-billion-via-fcnrb-depositsnbsp-4263305 Outstanding FCNR(B) deposits stood at $33.8 billion at the end of March 2026, compared with $32.8 billion a year earlier. June 9, 2026 21:36
Faceless Reassessment Amounting to Best Judgment Assessment Can Be Remitted by CIT(A)
https://taxguru.in/income-tax/faceless-reassessment-amounting-judgment-assessment-remitted-cita.html?utm_source=follow.it ITO Vs Bharat Bhushan (ITAT Delhi) The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) dismissed the Revenue’s appeal and upheld the order
Filing of Form 10-IE for New Tax Regime Is Directory, Not Mandatory: ITAT Ahmedabad
Arun Gopilal Samnani Vs CPC Bangalore (ITAT Ahmedabad) https://taxguru.in/income-tax/filing-form-10-ie-new-tax-regime-directory-mandatory-itat-ahmedabad.html?utm_source=follow.it In Arun Gopilal Samnani Vs CPC Bangalore, the Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, considered an
Expert tax advice on navigating the 6-month deadline for Section 54EC capital gains bonds, setting off F&O business losses against cash market gains, and why you must re-check your AIS before filing in July.
Updated: June 12, 2026 22:03 IST l I sold my flat in January and have not yet invested the money in capital gains tax saving bonds
Paying rent but not receiving HRA? Here’s how you can claim tax relief
Section 134 allows individuals who do not receive HRA as part of their salary to claim a deduction for rent paid towards residential accommodation. June