Month: June 2026

If Warsh can mould the Fed to his way of thinking, making money from money will no longer be as easy as it has been.

https://www.financialexpress.com/money/taxpayer-shows-rs-6-lakh-income-in-itr-gives-rs-5-lakh-cash-loan-gets-steep-tax-demand-itat-intervenes-4271258 A Mumbai taxpayer who was accused of giving a Rs 5 lakh cash loan and faced a tax addition under the Income Tax Act

https://www.financialexpress.com/money/itr-filing-2026-only-rental-income-you-may-still-need-to-file-itr-here-is-what-the-tax-rules-say-4271791 Deductions like municipal taxes and the 30% standard deduction (for let-out property) are available under both old and new regimes. June 19, 2026 17:23

Read more at:https://economictimes.indiatimes.com/wealth/tax/tax-saving/how-to-use-an-income-tax-calculator-for-investments-and-financial-planning/articleshow/125865160.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Synopsis Form 168: The Income Tax Department has unveiled Form 168, a comprehensive upgrade to the Annual Information Statement, effectively superseding the

Read more at:https://economictimes.indiatimes.com/nri/invest/banks-seek-rbi-nod-to-let-nris-break-rebook-existing-deposits/articleshow/131840836.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Synopsis To incentivise foreign currency inflows, the Reserve Bank of India will swap fresh dollar term deposits raised until end-September at par.