Latest News, Updates & Breaking Headlines
If you are planning to buy gold jewellery worth more than Rs 2 lakh or open a demat account without a PAN, the new income tax framework has an important update for you. From April 1, old Form 60 has been replaced by Form 97, but PAN remains compulsory for several high-value purchases and financial…
Your favourite non-stick pan might be failing because of how you use it. We often damage the cookware without realising it. High heat and harsh scrubbing break down the delicate coatings The story begins with the making of an omelette that holds its light, flipped to perfection, it falls onto the plate like silk. Six…
These new forms for application of PAN are replacing the earlier framework under Rule 114 of the Income-tax Rules, 1962. (AI image) Applying for a PAN Card? The Income Tax Department has introduced four new types of forms for application of Permanent Account Number, and taxpayers should take note of these before applying for a…
Top 10 changes to your finances (AI image) It’s the start of a new financial year 2026-27, and from today, April 1, 2026 several small and big changes in the way you manage your finance, and income tax come into effect. Some of the changes affect credit card users, FASTag subscribers, RuPay debit cardholders. Here…
PAN card application rules are set to change from April 1, 2026. As announced by Common Services Centres (CSC), a Government of India entity working under the aegis of Ministry of Electronics & IT, those applying for new PAN card or updating their existing PAN card will be required to submit additional documents other than…
By retaining mandatory PAN quoting for high-value deals, the government builds a more robust audit trail. (AI image) Draft income tax rules 2026: The Income Tax Department recently released the draft income tax rules in line with the New Income Tax Act. There are several changes in the draft rules pertaining to the requirement of…
There are several changes in the draft income tax rules that impact the way you pay income tax. (AI image) Draft Income Tax Rules 2026: The Income Tax Department has released a new set of draft income tax rules, which once finalised, will be applicable for financial year 2026-27. There are several changes in the…
The Income Tax Department has released the Draft Income Tax Rules 2026. (AI image) The Income Tax Department has released the Draft Income Tax Rules 2026, which once approved will be applicable for FY 2026-27. For salaried and middle class income taxpayers, several changes have been proposed, which will have implications for their taxable income…
Tobacco products and pan masala products are set to face a new tax structure from February 1. This comes as the Centre rolls out additional excise duty and a health cess, above the current GST rates. The new structure will replace the compensation cess which is applied on ‘sin goods.’Tobacco and allied products will now…
NEW DELHI: A government-constituted magisterial inquiry has found that the Goa nightclub where a devastating fire killed 25 people in early December was built illegally on a salt pan and operated for months without valid permissions, pointing to systemic failures and alleged collusion by local authorities, as reported by news agency PTI.The fire broke out…
