Read more at:https://economictimes.indiatimes.com/industry/banking/finance/banking/sebi-eases-kyc-norms-for-nris-ocis-and-foreign-nationals-allows-digital-onboarding-from-overseas/articleshow/135550076.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Mumbai: The Securities and Exchange Board of India Wednesday relaxed Know Your Client (KYC) requirements for non-resident Indians (NRIs), Overseas Citizens of
Author: Anil R Tikotekar
Son gets income tax notice for Rs 33.23 lakh in property investment and cash; he gets relief in ITAT Jaipur for this reason
Read more at:https://economictimes.indiatimes.com/wealth/legal/will/son-gets-income-tax-notice-for-rs-33-23-lakh-in-property-investment-and-cash-he-gets-relief-in-itat-jaipur-for-this-reason/articleshow/135480394.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst https://economictimes.indiatimes.com/wealth/legal/will/son-gets-income-tax-notice-for-rs-33-23-lakh-in-property-investment-and-cash-he-gets-relief-in-itat-jaipur-for-this-reason/articleshow/135480394.cms Mr Ram from Mandi Road got entangled in a dispute with the Income Tax Department after he bought a property, deposited
₹16 lakh jewellery, ₹3.88 lakh cash treated as unexplained income; here’s why the taxpayer wins at ITAT Hyderabad
Read more at:https://economictimes.indiatimes.com/wealth/legal/will/16-lakh-jewellery-3-88-lakh-cash-treated-as-unexplained-income-heres-why-the-taxpayer-wins-at-itat-hyderabad/articleshow/135482024.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst https://economictimes.indiatimes.com/wealth/legal/will/16-lakh-jewellery-3-88-lakh-cash-treated-as-unexplained-income-heres-why-the-taxpayer-wins-at-itat-hyderabad/articleshow/135482024.cms A search by the Income Tax Department at a taxpayer’s residence in November 2010 led to a tax dispute over cash
Crazy economics gets a stop button
Read more at:https://economictimes.indiatimes.com/opinion/et-editorial/crazy-economics-gets-a-stop-button/articleshow/135548126.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Synopsis After the US midterm elections, stock futures show a positive reaction despite ongoing economic uncertainties. Trump’s legislative agenda faces gridlock, impacting
AI turns cyber threat into boardroom crisis
Read more at:https://economictimes.indiatimes.com/tech/artificial-intelligence/ai-turns-cyber-threat-into-boardroom-crisis/articleshow/135548744.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst The rise in cyberattacks and the weaponisation of artificial intelligence is worrying boards and managements, allowing criminals to exploit vulnerabilities buried in
The Finance Act, 2026 outlines significant changes in income tax deductions and exemptions for Tax Year 2026-27. Non-resident individuals will benefit from tax exemptions on foreign-source income for five tax years. Disability pensions are only exempted if individuals are invalided out due to service-related disabilities. Compulsory land acquisition income will also be tax-exempt, clarifying previous ambiguities in the law.
From April 1, 2026, the Income Tax Act, 2025 is applicable and this means all the changes announced in Budget 2026 are going to be
Cancelled flight ticket? GSTAT says airlines can refund GST to passengers and claim it back from the government
Read more at:https://economictimes.indiatimes.com/wealth/tax/cancelled-flight-ticket-gstat-says-airlines-can-refund-gst-to-passengers-and-claim-it-back-from-the-government/articleshow/135488189.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst The Goods and Services Tax Appellate Tribunal (GSTAT), Ernakulam Bench, in a recent judgement has allowed refunds of GST collected on air
Insurance agent deposits Rs 35 lakh cash collected from policyholders in his bank account, gets tax notice; he fights and wins in ITAT Jaipur
Read more at:https://economictimes.indiatimes.com/wealth/tax/insurance-agent-deposits-rs-35-lakh-cash-collected-from-policyholders-in-his-bank-account-gets-tax-notice-he-fights-and-wins-in-itat-jaipur/articleshow/135522909.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Mr Sharma, an insurance agent from Neem Ka Thana, Rajasthan, landed in trouble with the Income Tax Department after depositing Rs 35
Gold jewellery at home: How much can you keep without fear of Income Tax seizure?
Read more at:https://economictimes.indiatimes.com/wealth/tax/gold-jewellery-at-home-on-diwali-dhanteras-how-much-can-you-keep-without-fear-of-income-tax-seizure/articleshow/135530721.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst During Dhanteras and Diwali, people in India buy gold jewellery, coins, bars, etc. While some people buy them in small quantities, others
Business News business Leverage ratio rules for banks: What changes & why it matters Leverage ratio rules for banks: What changes & why it matters
Irdai Mandates Four-Tier Structure for Motor Insurance from December 15
Read more at:https://economictimes.indiatimes.com/epaper/delhicapital/2026/nov/04/et-mkts/irdai-mandates-four-tier-structure-for-motor-insurance-from-dec-15/articleshow/135513790.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst The Insurance Regulatory and Development Authority of India (Irdai) has mandated a four-tier structure for motor insurance covering private cars and two-wheelers
Stop the Price Scam In Our Hospitals
Read more at:https://economictimes.indiatimes.com/et-edit/stop-the-price-scam-in-our-hospitals/articleshow/135513831.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Most patients in India have virtually no say in their medical treatments. Yet, they shoulder the entire financial burden, frequently paying prices
Pull It, Not Just For Better FPIs
Read more at:https://economictimes.indiatimes.com/et-edit/pull-it-not-just-for-better-fpis/articleshow/135513851.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst https://economictimes.indiatimes.com/et-edit/pull-it-not-just-for-better-fpis/articleshow/135513851.cms Sebi’s recommendation that GoI scrap long-term capital gains (LTCG) tax is welcome. It would improve FPI flows, strengthen rupee and help
Gig Worker Benefits may Come @ 2%/Transaction
Read more at:https://economictimes.indiatimes.com/et-front/gig-worker-benefits-may-come-2/transaction/articleshow/135513972.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst https://economictimes.indiatimes.com/et-front/gig-worker-benefits-may-come-2/transaction/articleshow/135513972.cms The government is considering a levy of 2% per transaction, instead of on total turnover, on aggregators to fund social security
PNB staffer, Pune man arrested in alleged Rs 10.24 crore bank fraud case
Read more at:https://economictimes.indiatimes.com/industry/banking/finance/banking/cbi-arrests-pnb-staffer-pune-man-in-alleged-rs-10-24-crore-bank-fraud/articleshow/135505505.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst An office assistant of Punjab National Bank in Greater Noida and a private individual have been arrested for alleged fraud. The fraudulent
CBI arrests PNB staffer, private individual in Rs 10.24 crore Greater Noida bank fraud case
https://economictimes.indiatimes.com/news/newsblogs/breaking-news-live-updates-november-3-politics-cyclone-cjp-pm-modi-weather-supreme-court-israle-iran-war-trump-midterms-election-sports-rahul-gandhi-india-bloc-protests/liveblog/135478707.cms The Central Bureau of Investigation (CBI) has arrested Deepanshi, an Office Assistant/Sub Staff member at Punjab National Bank’s Pi Branch in Greater Noida, and
LTCG abolition may cost just Rs 40,000–50,000 crore, SBI estimates show
Read more at:https://economictimes.indiatimes.com/markets/stocks/news/ltcg-abolition-may-cost-just-rs-4000050000-crore-sbi-estimates-show/articleshow/135482799.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst https://economictimes.indiatimes.com/markets/stocks/news/ltcg-abolition-may-cost-just-rs-4000050000-crore-sbi-estimates-show/articleshow/135482799.cms SBI Research estimates that abolishing long-term capital gains (LTCG) tax would cost the government just Rs 40,000–50,000 crore in FY27, far
India’s illegal gold imports surge 1,500% after tax hike
Read more at:https://economictimes.indiatimes.com/industry/cons-products/fashion-/-cosmetics-/-jewellery/indias-illegal-gold-imports-surge-1500-after-tax-hike-world-gold-council/articleshow/135500540.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst India’s illegal gold imports surged more than 1,500% in the July-September quarter as higher import duties encouraged traders to increasingly rely on
