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The Donald Trump administration, in an expected move, widened the travel ban to include more African countries from which people can’t now travel to the US, even for studying. The list now has 39 countries and is effective from January 1, 2026. But there are various degrees of travel ban — full and partial —…
New Delhi: The Supreme Court on Wednesday modified its earlier order restraining Delhi and NCR authorities from taking coercive action against “end-of-life” vehicles – 10-year-old diesel and 15-year-old petrol vehicles – and said the reprieve would apply only to BS 4 or BS 6 emission norm-compliant vehicles.This order will impact over 14.7 lakh BS 1…
If your net income-tax liability exceeds Rs 10,000 in a financial year, you are required to pay advance tax in four installments as per the Income Tax Act, 1961. Net tax liability refers to the estimated tax due after adjusting for TDS. While this rule applies to most taxpayers, the law also provides key exemptions…
The second quarterly installment of advance tax for FY 2025-26 (AY 2026-27) is due on September 15, and taxpayers with liabilities above Rs 10,000 have been advised to pay taxes to avoid penal charges. A monthly interest of 1% is levied on delays or shortfalls under Sections 234B and 234C of the Income-tax Act.What is…
