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Mumbai, April 1: The Income Tax (I-T) Act, 2025, and its accompanying 2026 rules officially come into force on April 1, 2026, marking the start of the 2026-27 financial year. While income tax slabs remain unchanged under both the Old and New regimes, the new legislation introduces substantial revisions to corporate perquisites, tax collection rates, and investment levies. Salaried professionals, particularly those opting for the Old Tax Regime, will see a significant recalibration of tax-exempt ...Read More >
Mumbai: The death toll in the Kandivli catering unit gas leak fire rose to four on Monday after the business owner, Shivani Gandhi (52), succumbed to her injuries in hospital. Police have registered an FIR against her and commercial unit owner, Yogendra Mistry.On Sept 24, a fire broke out at the commercial unit located on Akurli Road in Kandivli (E) between 8am and 8.30am due to a gas cylinder leak. Six women and a man, all working at the unit, suffered serious burns, including Gandhi. Three of ...Read More >
BENGALURU, Sept 10 (Reuters) - Australia's home prices will rise around 5-6% over the next two years as lower borrowing costs provide a fillip to home sales, although affordability pressures may cap gains, according to a Reuters poll of property analysts. While a 5% rise pales in comparison with past booms, any sustained growth in house prices will make it harder for first-time buyers to get a foothold in Australia's already expensive housing market - the median home price is nearly eight times ...Read More >
Salaried individuals earning up to Rs 12 lakh may soon no longer need old-regime deductions, as the new tax system offers near-zero tax. If you are a salaried employee earning up to Rs 12 lakh annually, this year might be the last time you benefit from deductions under the old tax regime. Starting from the next financial year (FY 2025-26 / AY 2026-27), the new tax regime will make income up to Rs 12 lakh almost tax-free, reducing the need for old-regime tax planning. Currently, you still have ...Read More >
New Delhi, Aug 3 (SocialNews.XYZ) Railway Minister Ashwini Vaishnaw on Sunday said that India's first bullet train between Mumbai and Ahmedabad will commence operations "very soon," and it will reduce travel time between the two cities to just 2 hours and 7 minutes. Talking to reporters at the Bhavnagar terminus in Gujarat, after virtually flagging off three trains: the Ayodhya Express, Rewa-Pune Express, and Jabalpur-Raipur Express, Vaishnaw stated that the bullet train project is moving quick ...Read More >
New Delhi: Good news for taxpayers! The ITR filing deadline has been extended to September 15, giving you more time to make smart tax decisions. One key choice is picking between the old and new tax regime. If you're a salaried employee or a pensioner with no business income, you can easily switch between the two each year while filing your return, just by selecting the right option in your ITR form. If you earn income from a business or profession, switching tax regimes comes with stricter rul ...Read More >
New Delhi, August 3: With the income tax return (ITR) filing date extended to September 15, taxpayers have more time to decide whether to choose the old or new tax regime. Salaried employees or pensioners without business income can change their tax regime at any time prior to filing their ITR every year by simply selecting the relevant option on the ITR-1 or ITR-2 form. With commercial or professional income, the regulations are stricter. Only once in your lifetime may you return to the old ta ...Read More >
New Delhi, Aug 3 (SocialNews.XYZ) With the income tax return (ITR) filing date extended to September 15, taxpayers have more time to decide whether to choose the old or new tax regime. Salaried employees or pensioners without business income can change their tax regime at any time prior to filing their ITR every year by simply selecting the relevant option on the ITR-1 or ITR-2 form. With commercial or professional income, the regulations are stricter. Only once in your lifetime may you return ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Are you still struggling with not spending enough of your salary and having no way to invest? Have you heard about cryptocurrencies but never knew how to get in? Then congratulations, now is the perfect time to get your foot in the fast lane to wealth.2025 is rapidly seeing the rise of a brand new way to make money online - cryptocurrency cloud mining. This is not a speculative g ...Read More >
Mumbai: Days after the Maharashtra Housing and Area Development Authority (MHADA) said it would pay Rs 20,000 per month as rent to residents who evacuate the cessed buildings, the housing body issued a circular detailing a Standard Operating Procedure (SOP). Only those tenants will be eligible for monthly rent if they meet one of the following conditions: they have opted for a transit camp unit, have opted for rent due to unavailability of transit units, have independently arranged alternate ac ...Read More >
A 45-year-old man, D. Prakash of Santhaipettai Street, was found murdered in the same locality in Srivilliputtur town in the early hours of Thursday. The police said that the deceased was assisting his father in renting out public address system in the town. On Wednesday, he had left for work and did not return home till late in the night. Prakash's uncle, Edwin got a phone call at around 5.10 a.m. on Thursday from a stranger, on his mobile phone, who said that Prakash was lying dead with ble ...Read More >
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