Buying property from an NRI? Worried about obtaining TAN? Not anymore. To relax the compliance burden, the Budget has proposed that resident individuals and HUFs need not have a Tax Deduction and Collection Account Number (TAN) if they are purchasing a property from a non-resident Indian (NRI). The amendment will take effect from Oct 1,…
Bitcoin’s price sank sharply over the weekend, sliding below $78,000 — its lowest level since April — as profit-taking collided with thinning liquidity and a scarcity of fresh buyers. Traders told CoinDesk that a rally once backed by corporate demand, particularly from Strategy’s (MSTR) bitcoin purchases, has run out of steam, leaving markets vulnerable to…
West Bengal CM Mamata Banerjee NEW DELHI: West Bengal chief minister Mamata Banerjee has approached the Supreme Court challenging the ongoing Special Intensive Revision (SIR) of electoral rolls in the poll-bound state, PTI reported on Sunday.Banerjee filed the petition on January 28, naming the Election Commission of India (ECI) and the chief electoral officer of…
The government has raised the duty-free allowance for passengers bringing imported goods into India to Rs 75,000 from the earlier Rs 50,000 under the newly notified Baggage Rules, 2026, PTI reported.Under the new rules notified on Sunday, a resident or a tourist of Indian origin arriving in India other than by land will be allowed…
Department of Economic Affairs (DEA) Secretary Anuradha Thakur (Photo-ANI) The Centre and the Reserve Bank of India (RBI) are closely tracking movements in the rupee and fluctuations in gold and silver prices, while remaining ready to deploy policy tools to maintain macroeconomic stability, Department of Economic Affairs (DEA) Secretary Anuradha Thakur said, ANI reported.“As far…
JAMMU: Jailed Baramulla MP Engineer Rashid’s Awami Itihaad Party (AIP) said Sunday it had submitted an assembly resolution seeking citizenship and legal status for former militants’ wives and children who came from Pakistan-occupied Kashmir (PoK) under a 2010 rehabilitation policy. The J&K assembly’s budget session begins on Monday.Langate Shiekh Khursheed, AIP MLA and Rashid’s brother,…
The Union Budget 2026-27 has announced a series of measures aimed at strengthening India’s export ecosystem by focusing on manufacturing expansion and trade facilitation, commerce secretary Rajesh Agrawal said on Sunday, PTI reported.He said the Budget includes targeted support for both labour-intensive industries and high-technology sectors, while policy steps on logistics and trade facilitation are…
Senator Elizabeth Warren is calling for congressional hearings after new reporting revealed that the United Arab Emirates’ top intelligence official secretly took a nearly 50% stake in a Trump-era crypto company. According to a Wall Street Journal investigation, an entity backed by Sheikh Tahnoon bin Zayed Al Nahyan—the United Arab Emirates’ national security adviser and…
JAMMU: The ongoing hunt for three fugitive ultras in the snowbound Chatroo-Dolgam-Dichhar belt was intensified on Sunday — day 15 of Operation Trashi-I.Security forces and terrorists had briefly exchanged bullets in Dolgam area Saturday. One terrorist was believed to have sustained injuries, as drone footage purportedly showed blood trails, officials said. Northern Army Commander Lt…
The Union Budget 2026 has proposed simplifying tax compliance for property transactions involving non-resident sellers by allowing resident buyers to deduct and deposit TDS using their PAN-based challan instead of obtaining a Tax Deduction and Collection Account Number (TAN).At present, resident individuals or Hindu Undivided Families (HUFs) purchasing immovable property from a non-resident seller are…
