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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…
The Central Board of Secondary Education (CBSE) has issued an official clarification regarding the eligibility of private candidates who wish to appear for additional subjects in Class 10 and Class 12 board examinations. This comes in response to widespread confusion among students, parents, and schools about whether private candidates can take extra subjects outside their…
The incident occurred after India’s seven-wicket victory, when the team declined to shake hands with Pakistani players in solidarity with the victims of the Pahalgam terror attack. (ACC Photo) NEW DELHI: The Pakistan Cricket Board (PCB) has escalated tensions with India by demanding the removal of match referee Andy Pycroft following a controversial handshake refusal…
Experts say bond investors need to be cautious because chances of a rate cut have dwindled, while inflation may see a comeback. (AI image) Bond investors who had pinned hopes on aggressive rate cuts this year have learnt a hard lesson. Despite big rate cuts, which should have pushed up bond prices, bonds have faced…
The US has responded to India’s continued purchase of discounted Russian oil by imposing tariffs on Indian goods. (AI image) Hit by Ukraine’s drone attacks, Russia’s oil refineries are reeling – but India has turned this crisis in Russia into an opportunity. The substantial price difference between Russian and Middle Eastern oil has attracted Indian…
What is a leverage penalty? (USA Today Sports) The Denver Broncos vs the Indianapolis Colts clash turned dramatic in the final seconds, ending in a 29-28 Colts victory. Kicker Spencer Schrader drilled a 45-yard field goal as time expired, but only after a leverage penalty gave Indianapolis a second chance. Denver thought it had sealed…
