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Mehdi Mahmoudian (File photo) An Iranian screenwriter nominated for an Academy Award was arrested after signing a statement condemning his govt for its deadly crackdown on protesters, a human rights group reported. Mehdi Mahmoudian, a co-writer of the film “It Was Just an Accident,” was among several signatories to the letter who were detained on…
NEW DELHI: The Budget has rolled out a sweeping reset of India’s transfer pricing framework, aiming to cut litigation, improve tax certainty and make the country a more attractive base for multinational companies (MNCs) and global capability centres.Presenting the proposals, finance minister Nirmala Sitharaman announced far-reaching reforms to safe harbour rules and Advance Pricing Agreements…
Union Budget 2026: Every year, one of the main components of the Budget presentation is the income tax, as taxpayers keenly watch for changes in the slabs, tax rates and other factors — which may ease their tax burden! However, post Finance Minister Nirmala Sitharaman’s Union Budget speech, the income tax framework remains unchanged from…
In the Union Budget 2026, the Section 87A tax rebate, given in Income Tax,remain unchanged, disappointing taxpayers who had hoped for an increase to boost consumption and ease the burden on middle-income individuals. Thus, like for FY 2025-26, under the new tax regime, resident individuals with net taxable income up to Rs 12 lakh can…
Latest Income Tax Slabs FY 2026-27 Latest Income Slabs FY 2026-2027: Finance Minister Nirmala Sitharaman has kept the income tax slabs for the upcoming financial year FY 2026-2027 unchanged for both the old and new income tax regime. Taxpayers will continue to pay income tax as per the ongoing income tax slabs that are currency…
Income Tax Budget 2026 Live: Middle class and salaried taxpayers will closely follow Finance Minister Nirmala Sitharaman’s Union Budget speech, hoping for additional tax relief. In the previous Budget, the FM completely revamped the new income tax regime. While experts believe that Budget 2026 offers limited fiscal headroom for sweeping tax changes, there is still…
NEW DELHI: Bangladesh’s exiled former prime minister Sheikh Hasina on Friday launched a sharp attack on the interim government led by Muhammad Yunus, calling for the overthrow of “foreign-serving puppet regime” to restore democracy and constitutional rule in the country.In an audio message played at the Foreign Correspondents’ Club of South Asia in New Delhi,…
Tax experts believe that while the new income tax regime reduces the tax outgo for many taxpayers, the multiple slabs add to confusion. (AI image) Budget 2026 income tax expectations: Taxpayers in India are looking at Finance Minister Nirmala Sitharaman’s speech for announcements related to simplification of income tax slabs, returns, compliance and more. India…
The standard deduction limit varies depending on the tax regime that salaried taxpayers opt for. (AI image) Budget 2026 income tax expectations: Standard deduction is seen as a much needed relief for taxpayers – it’s a simple, straightforward deduction from your gross income – a fixed amount that allows salaried taxpayers and pensioners to reduce…
US President Donald Trump on Saturday called for an end to Ayatollah Ali Khamenei’s 37-year reign, saying, “It’s time to look for new leadership in Iran,” in comments to POLITICO.Trump made the remarks as widespread protests calling for an end to the regime appeared to have waned, after thousands of protesters across the country were…
