'Pretty easy': inside CA's plan to defend Test summer With private money set to roll into the Big Bash League, Cricket Australia plans to safeguard the Test schedule against new owners. AAP · Sep 8
ED raids 12 places across four states in Cyprus-based betting platform Parimatch probe The search operation is continued by the ED's Mumbai zonal office under section 17 of PMLA, 2002, which grants authorised officers the power to conduct search and seizure operations if they have documented reasons to believe that a person is involved in money laundering or possesses proceeds of crime, covering… The Economic Times · Sep 2
Man receives $3.14 lakh from redemption of Bermuda-focused fund; Income Tax Dept considers it black money, imposes Rs 1.8 crore penalty and tax, but he wins case in ITAT Delhi Indian man working in Singapore gets $3.14 lakh from redemption of units of Bermuda focussed investment fund; Tax dept deems it black money and imposes Rs 1.8 crore penalty and tax; he wins case in ITAT Delhi. Read the article. The Economic Times · Aug 28
Employee got Rs 30 lakh salary after job switch, did not file ITR, Income Tax dept imposed Rs 3.74 lakh penalty; he fought and won the case in ITAT Delhi Employee switched job and got Rs 30 lakh salary on which TDS was deducted, forgot to file ITR, Tax dept sent notice and imposed Rs 3.74 lakh penalty, he fights and wins case in ITAT Delhi The Economic Times · Aug 21
"F**k Chega": British band shows controversial message at CA Vilar de Mouros festival The British punk rock duo shouted and urged the crowd to yell "f**k Chega" while the message "F**k Chega" was shown on the stage screen. Euronews · Aug 20
Income tax dept has identified suspicious entities that sent money abroad, launches verification drive; Know what to do Based on ground intelligence and analysis of data, Income tax dept Income tax dept has identified suspicious entities who sent money abroad; Know what to do The Economic Times · Aug 18
How Australia found themselves on the wrong side of cricket’s most profound upset Despite overwhelming odds against them, Bangladesh still found a way to win – but their success wasn’t down to any Australian complacency The Guardian - AU · Aug 17
Aussie Women's Cricket Star Ashleigh Gardner Cheats With Her Teammate and Ends Marriage Australian cricket women's star Ashleigh Gardner's personal life comes under scrutiny amidst controversy over her relationship with teammate Georgia Voll International Business Times UK · Aug 14
'Sorry for the pain': Gardner opens up on affair Australia vice-captain Ash Gardner has broken her silence on her affair with teammate Georgia Voll and thanked Cricket Australia's support of her leadership. AAP · Aug 13
Self-Collected HPV Tests Detected Precancerous Cervical Changes with High Accuracy in a New Review A new meta-analysis found self-collected HPV samples detect precancerous cervical changes with high sensitivity. Here is what it shows. Medical Daily · Aug 5
Reporting perquisite as capital gain in ITR by mistake resulted in Rs 6.63 crore penalty for a salaried employee; ITAT Mumbai granted him relief for this reason Rs 6.63 crore penalty imposed on salaried employee for reporting perquisite as capital gains in ITR; ITAT Mumbai grants relief, says salaried employees may not be well versed in complex tax provisions. Read the story to know the full details. The Economic Times · Jul 31
ITR filing deadline extension: Will Income Tax Department extend July 31 ITR filing due date? Here’s what chartered accountants believe ITR filing deadline: Nearly 5.44 crore taxpayers filed income tax returns for AY 2026-27 by July 30. Experts suggest the July 31 deadline extension for income tax returns is unlikely. The e-filing portal has been functioning smoothly with no widespread technical issues reported. Taxpayers should file their returns by the… The Economic Times · Jul 31
Not prepared for ITR filing: Should you file your ITR now with available information or wait and file a belated ITR? Taxpayers face a choice between filing income tax returns now or later. The income tax return due date is approaching for many individuals. Filing a revised return corrects errors but large deviations may attract scrutiny. Belated returns are an option if the original deadline is missed. Missing the belated deadline… The Economic Times · Jul 31
TDS deducted but you haven't filed your ITR yet? Here's what happens if you miss the July 31 deadline Failing to file your income tax return by July 31, 2026, after TDS deduction has consequences. You will face interest charges and a late filing fee for delayed submissions. Not filing an ITR prevents claiming refunds and carrying forward losses. Virtual digital asset income is taxed regardless of the exemption… The Economic Times · Jul 29
The Economic Times · Jul 29 Are you an NRI who sold an under-construction property? Here's what actually counts as your “Date of Purchase” for capital gains calculation NRIs selling under-construction property must use the allotment date for capital gains. This date determines long-term versus short-term capital gains tax treatment. The Bombay High Court and other rulings support the allotment date as the acquisition point. This principle applies even when possession or registration occurs much later. Proper documentation…
The Economic Times · Jul 28 Hold US stocks under LRS? Here’s why you may not be able to gift them to NRI children Indian residents cannot gift US shares purchased through the LRS route to their NRI children. The liberalised remittance scheme requires sale proceeds to be repatriated within 180 days. US stocks held under LRS may face US estate tax upon the investor's death. Indian residents can reduce this exposure by investing…
The Economic Times · Jul 27 Save income tax when filing ITR for AY 2026-2027 by claiming Section 54 or 54F benefits if you sold land, house property or equity shares; Know how Indian taxpayers can claim capital gains tax exemptions by reinvesting sale proceeds. Section 54 and 54F allow exemptions for residential property sales and other assets. Specific timelines and conditions must be met for claiming these tax benefits. Unutilised amounts must be deposited in the Capital Gains Account Scheme. Reporting these…
The Economic Times · Jul 27 Rs 17.41 lakh penalty for ITR filing mistake: CA firm's owner's affidavit helps taxpayer get relief in ITAT Mumbai; know how Rs 17.41 lakh penalty imposed due to error in ITR filed by junior staff in CA firm; Here's how affidavit from the CA firm's owner helps taxpayer get relief from penalty in ITAT Mumbai. Know how taxpayer won case in ITAT Mumbai
The Economic Times · Jul 24 Conservation agriculture can boost wheat protein content by up to 12%, improve water efficiency: Study A study finds conservation agriculture with drip irrigation can boost wheat protein content by up to 12% while improving yield and resource efficiency.
Medical Daily · Jul 23 A Blood Test for Colorectal Cancer Is Now Included in Official Screening Guidelines, with Key Limitations Patients Should Know The ACS 2026 colorectal cancer guidelines added the Shield blood test, but call it a non-preferred option less effective at finding precancerous polyps than colonoscopy or stool tests.
The Economic Times · Jul 23 Need help with ITR filing? Check the ITR filing charges across various websites for AY 2026-2027 for students, salaried persons, pensioners and NRIs Individuals can compare income tax return filing charges across several platforms. The deadline for filing is July 31, 2026, for many taxpayers. AI-assisted self-filing options are available at lower costs. Expert-assisted plans offer comprehensive support for complex income situations. These services cater to students, salaried individuals, pensioners, and NRIs.
Medical Daily · Jul 14 Global Cancer Cases Could Reach 35 Million a Year by 2050 as Population Growth and Aging Drive a 67% Surge Global Cancer Statistics 2026 projects 34 million cancer cases by 2050, a 67% increase. Nearly 21 million cases in 2024, 9.8 million deaths. Lung cancer remains the top killer.
The Guardian - AU · Jul 14 Watching Australian sport embrace Modi broke my heart – and showed inclusion is still just a strategy When the AFL and Cricket Australia target India and the diaspora but only engage with convenient perspectives, trust begins to erode
Medical Daily · Jul 13 The Myth That Baby Rattlesnakes Are More Dangerous Than Adults Has Been Formally Debunked A new Loma Linda University study debunks the baby rattlesnake danger myth — adults inject far more venom and cause worse bites. Here is what to know if you encounter either one.
The Economic Times · Jul 13 Exclusive | Motilal Oswal opens up on succession, 10X profit goal and his 39-year partnership with Raamdeo Agrawal Motilal Oswal Financial Services aims to grow profits tenfold over the next decade while preparing for a leadership transition. In an exclusive interview with ET Markets, billionaire co-founder Motilal Oswal said the group has inducted the next generation—Pratik Oswal and Vaibhav Agrawal—onto the board and is also empowering senior professionals.