Received your Form 16 or 16A? Great! But don’t hit that “file” button just yet. Before you submit your Income Tax Return (ITR) for 2025, there are a few crucial steps you absolutely must take. Skipping these can lead to headaches like tax mismatches, delayed refunds, or even notices from the Income Tax Department. Why … Read more
Unlocking substantial tax savings, even under India’s New Tax Regime, is more achievable than many salaried professionals realize. A real-world example demonstrates how a strategic approach can lead to significant tax relief without impacting your take-home pay. Rs 3.75 Lakh Tax Savings for a Rs 50 Lakh CTC Earner A tax professional, Sujit Bangar, shared … Read more
Trump and Musk’s Feud: A Public Spat Over the “Big Beautiful Bill” The public dispute between President Donald Trump and tech mogul Elon Musk continues to escalate, largely fueled by Musk’s strong disapproval of Trump’s “Big Beautiful Bill.” This legislative package, which includes significant tax cuts and increased military spending, narrowly passed the House of … Read more
Committee for Aggregation of CA FirmsThe Institute of Chartered Accountants of India6th June, 2025 Exposure Draft on proposed Guidelines for Overseas Network for public comments Committee for Aggregation of CA Firms (CACAF) has been constituted in 2024-25 to make concerted efforts to study, review and revise various guidelines pertaining to CA firms among others. The … Read more
CBI Court Convicts M/s JAS Infrastructure Capital Pvt. Ltd. and its Director Manoj Kumar Jayaswal; in Coal Block Allocation case 19th Conviction in Coal Block Allocation cases The Learned Special Judge (Coal Cases), Rouse Avenue Courts, New Delhi has convicted two accused M/s JAS Infrastructure Capital Pvt. Ltd and its Director Manoj Kumar Jayaswal; today … Read more
CBI arrests Junior Engineer red-handed while accepting Bribe of Rs. 4.5 lakh Central Bureau of Investigation (CBI) has arrested an accused Junior Engineer, (JE) B/R, O/o GE (NW), NOFRA, Mumbai for demanding and accepting bribe of Rs. 4.5 lakh from the complainant. A case was registered on 05.06.2025 against the said accused on the … Read more
Directorate of Enforcement (ED), Bengaluru Zonal Office has provisionally attachedimmovable and movable properties having present market value worth Rs. 13.91 Crore belongingto former Chairman of Shimoga DCC Bank, R M Manjunatha Gowda & his wife, under the provisionsof Prevention of Money Laundering Act (PMLA), 2002 in an investigation related to Gold loan scamat Shimoga District … Read more
Russia Offers Asylum to Elon Musk Amid Trump Feud In a surprising turn, Russia has indicated its willingness to offer political asylum to Elon Musk, should his escalating conflict with President Donald Trump necessitate his departure from the United States. This offer comes from Dmitry Novikov, First Deputy Chairman of the State Duma’s Committee on … Read more
Starlink Gets Green Light to Launch Satellite Internet in India Elon Musk’s Starlink is set to enter the Indian market, having received the crucial Global Mobile Personal Communication by Satellite (GMPCS) licence from the Department of Telecommunications (DoT), Government of India. This approval makes Starlink the third authorized satellite internet provider in the country, joining … Read more
FINANCE (EXPENDITURE-I) DEPARTMENTNOTIFICATIONDelhi, the 5th June, 2025(No. 45/2023-State Tax)F. No. 3 (8)/Fin.(Exp-I)/2025-26/DS-I/501.—In exercise of the powers conferred by section 164 of theDelhi Goods and Services Tax Act, 2017 (03 of 2017), the Lieutenant Governor of National Capital Territory ofDelhi, on the recommendations of the Council, hereby makes the following rules further to amend the DelhiGoods … Read more
