China’s unemployed are pretending to go to work every day, here’s why Tired of relatives asking, “So, where are you working now?” Some young Chinese adults have found an unusual way to dodge the question — getting dressed, leaving home on time and heading out for the day.But there is one catch: they have no…
On October 6, 2026, the Delhi High Court ruled in the man’s favour, providing him relief by cancelling the entire tax demand notice. (Image for representative purpose only) What happens if your PAN Card is misused and the entry shows up in your Form 26AS, prompting an income tax notice and tax demand way above…
India – New Zealand trade deal kicks in NEW DELHI: The India-New Zealand Free Trade Agreement (FTA) came into force on Tuesday opening up new opportunities for Indian exporters, manufacturers, farmers, professionals and businesses. The agreement provides 100% duty-free access to the New Zealand market for all Indian export tariff lines, removing peak tariffs of…
Vessels at the Strait of Hormuz (representational image) The Middle East conflict has put the world’s energy lifeline, the Strait of Hormuz, in a chokehold.But the Gulf might be looking for an escape route.Over the next five years, countries in the region could invest in alternative logistics corridors and energy pipelines to loosen their dependence…
Nepal has barred the import, sale and distribution of Priyagold biscuits made by India based Surya Food and Agro Ltd, after food safety concerns flagged by Indian authorities.Nepal’s Food Technology and Quality Control Department (FTQCD) announced the restrictions in a notice issued on Monday, classifying the biscuits as sub-standard. The move follows action by the…
US homebuilder confidence hits 14-year low as costs soar US homebuilder confidence fell to its lowest level in more than 14 years in October, with rising mortgage rates, expensive construction materials and labour shortages weighing on the housing market, according to a survey released on Monday.The National Association of Home Builders (NAHB)/Wells Fargo Housing Market…
Spot gold is drawing some support from buoyant US treasuries and reduced possibility of October Fed rate hike. Gold price prediction today:Gold prices are finding some support but the upside is capped by high crude oil prices, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan. Here’s his detailed analysis: Gold Performance: Spot gold…
In an earnings call, managing director and CEO Vinay Tonse said the bank was examining the judgment and its options MUMBAI: Yes Bank has told investors that Supreme Court’s order to restore Rs 8,415 crore of additional tier-1 (AT1) bonds written off during its March 2020 restructuring would not constrain growth, citing deferred tax assets…
The AO treated the alleged amount as undisclosed cash receipts and made an addition under Section 69A. (Image for representative purpose only) Property related transactions can sometimes be complicated. Recording the same in your income tax return is equally important. But what if the Income Tax Department sends you a notice for unexplained cash receipts,…
The findings also highlighted a distinct regional divergence in welfare impact NEW DELHI: In-kind social transfers ranging from free foodgrains under the public distribution system (PDS) to laptops, bicycles and school uniforms have pushed nearly 22 crore people — comprising around 19% of rural population and 8.4% of those in urban areas — into higher…
