NEW DELHI: As part of its crackdown on bogus claims, the income tax department has advised employers to analyse mismatches in their salary related filings, while also looking to move against several cases of “swapping” of concessions after suspected irregularities were flagged and taxpayers updated or revised their returns.Officials said they have come across several…
Oil prices rise. Photo credit: ANI Oil prices edged higher on Tuesday after a sharp decline in the previous session, as investors weighed cautious optimism over US-Iran peace talks against uncertainty surrounding the resumption of crude shipments through the Strait of Hormuz.Brent crude futures rose 24 cents, or 0.38 per cent, to $78.15 a barrel,…
The US Treasury announced a sanctions waiver for Iran’s petroleum valid until August 21. (AI image) The United States on Monday granted Iran a 60-day sanctions waiver following the first round of discussions under a newly emerging peace arrangement. US Vice President JD Vance said meetings with Iranian representatives in Switzerland had created a solid…
AI generated image, used only for representational purpose Weak stock market returns? Foreign investors continuing to sell? SIP investors have simply carried on, making their monthly investments without missing a beat.According to a recent JP Morgan report, Dalal Street having a sluggish run over the past two financial years, money has continued to flow steadily…
Kunal Shah is leaving the operating helm of CRED to run WhatsApp globally There are exits, and then there are the kind that look as though they were engineered by a founder who has spent his career thinking in second-order effects, and the departure of Kunal Shah from the chief executive’s chair at CRED belongs…
Gold price prediction today: A consistent rise in gold prices due to drop in oil prices is being constrained by hawkish outlook from central banks which are signalling a possible rate hike to keep inflationary pressures in check, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan. Source link
The progress of the southwest monsoon in June 2026 has been a cause for significant concern. (AI image) The Indian economy has till now emerged from the US-Iran conflict relatively unscathed. If the peace talks hold and the Strait of Hormuz opens, economists expect the impact of the war to be transient. However, a bigger…
The Securities and Exchange Board of India (SEBI) has launched a comprehensive review of regulations governing stock exchanges, clearing corporations and commodity derivatives exchanges. The exercise includes a proposed overhaul of technology-related rules as part of efforts to improve ease of doing business and reduce compliance burdens in the securities market.In a press release issued…
Taxpayers should carefully evaluate their eligible deductions before deciding which tax regime to opt for. (AI image) ITR filing AY 2026-2027: Do you plan to file income tax returns under the old tax regime? The first thing to know is that your ITR must be filed within the July 31, 2026 deadline, otherwise you will…
India’s US LPG imports to surpass 1 million tonnes after Hormuz disruption (Image/PTI) India’s imports of liquefied petroleum gas (LPG) from the United States are set to surpass 1 million metric tonnes in June for the first time.The move comes as New Delhi turned to more expensive suppliers after disruptions to LPG supplies from the…
