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Clipped from: https://www.business-standard.com/economy/news/states-spent-38-3-per-cent-budgeted-capex-apr-nov-fy26-125122600908_1.html Sixteen of 21 states spent under half of their budgeted capex in the first eight months of FY26, while the Centre’s capex stood

Clipped from: https://taxguru.in/income-tax/limited-scrutiny-overreach-quashes-rs-90-lakh-section-68-addition.html Swabhumi Vintrade Pvt. Ltd. Vs DCIT (ITAT Kolkata) AO Crossed the Red Line—Addition Beyond Limited Scrutiny Held Void – Limited Scrutiny Means Limited

Clipped from: https://taxguru.in/income-tax/section-151-ii-violation-invalidates-late-section-148-notices.html Hisar Leading Bank Co-op Non-Agri Thrift & Credit Society Vs ITO (ITAT Delhi) CIT Sanction After 3 Years Is Fatal: Wrong Authority’s Approval

Clipped from: https://www.businesstoday.in/personal-finance/tax/story/taxes-in-2026-paying-rent-to-parents-to-claim-hra-is-legal-heres-how-to-save-up-to-rs-12-lakh-508299-2025-12-26 HRA forms part of an employee’s salary package and is intended to offset rental housing costs. Although HRA is treated as taxable income,

Clipped from: https://www.businesstoday.in/personal-finance/tax/story/labour-codes-2025-how-50-wage-rule-would-alter-salaries-tax-outgo-retirement-savings-508334-2025-12-27 At the core of the reform is a uniform definition of “wages”, limited to basic pay, dearness allowance and retaining allowance, which must

Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/probate-of-will-cant-be-blocked-by-tenants-claim-high-court-clarifies-occupancy-vs-inheritance/articleshow/126202923.cms The Karnataka High Court held that a tenant can’t challenge a landlady’s will especially when his occupation of the land was opposed by the landlady

Clipped from: https://www.financialexpress.com/opinion/liquidity-matters/4089609/ As system liquidity turns negative, rate cuts alone are proving insufficient to ease borrowing costs RBI Unleashes ₹2.9 Lakh Crore Liquidity Lifeline as

Clipped from: https://economictimes.indiatimes.com/wealth/tax/new-feature-on-e-filing-itr-portal-rectification-request-for-these-tax-orders-can-be-filed-online-directly-with-the-respective-authority-heres-how-it-helps-you/articleshow/126186768.cms Listen to this article in summarized format The Income Tax Department has launched a new feature that allows taxpayers to file rectification applications for specific income tax orders directly

Clipped from: https://www.business-standard.com/finance/personal-finance/how-digital-scams-hit-your-wallet-in-2025-lessons-for-2026-to-avoid-them-125122600429_1.html India’s fraud surge shows why 2026 must be about verification, not trust digital scams hit your wallet in 2025 Listen to This Article

Clipped from: https://www.businesstoday.in/personal-finance/tax/story/nobody-talks-about-gstr-9-till-a-notice-hits-ca-flags-risks-for-overlooking-gstr-9-filing-508110-2025-12-24 The GST annual return, GSTR-9, is rarely discussed until a tax notice lands in a taxpayer’s inbox. With the December 31 deadline approaching,

Clipped from: https://economictimes.indiatimes.com/wealth/tax/new-feature-on-e-filing-itr-portal-rectification-request-for-these-tax-orders-can-be-filed-online-directly-with-the-respective-authority-heres-how-it-helps-you/articleshow/126186768.cms Listen to this article in summarized format The Income Tax Department has launched a new feature that allows taxpayers to file rectification applications for specific income tax orders directly

Clipped from: https://www.taxscan.in/top-stories/itrs-are-authentic-proof-of-income-in-mact-claims-calcutta-hc-enhances-compensation-from-15-lakh-to-39-lakh-1440583?TRN300=sVBGZRcdSADqbvcezYdMckgWAsJugdMBESVJYDnhwjhMEdFSYMCKZYUnBMSaSh&LKD333=3299114 The High Court held that Income Tax Returns filed during the lifetime of a victim are statutory documents that can be relied upon

Clipped from: https://www.business-standard.com/finance/news/i-t-dept-flags-discrepancies-in-returns-extends-deadline-to-december-31-125122200741_1.html The notices have been issued under Section 142(1) of the Income-tax Act, which empowers the department to seek information or documents during assessment