The Income Tax department on Saturday asked taxpayers to ignore emails, if any, received alerting them about ‘significant transactions’ as part of the Advance Tax e-campaign.In a post on X, the Central Board of Direct Taxes (CBDT) said certain taxpayers have received emails containing inaccurate details regarding ‘significant transactions’ undertaken by them under the ongoing…
The Trump administration has intensified efforts to recoup about $1.6 trillion in tariff revenue lost after the Supreme Court struck down a range of the president’s import duties, with officials turning to new investigations and legal provisions to impose replacement levies, according to news agency AP report.Experts say recovering the revenue–which the White House had…
Wall Street is racing toward tokenized equities and 24/7 trading, but many institutional investors are wary of the instant settlement model. Tokenization refers to representing traditional assets such as stocks on blockchain networks. In theory, the approach could modernize market infrastructure that dates back decades, allowing securities to move and settle instantly while potentially enabling…
Subedar Sandeep Kumar Dhaka NEW DELHI: A junior commissioned officer (JCO) died on Saturday afternoon during an anti-terrorist operation in J&K. The JCO Sandeep Kumar Dhaka died in Poonch district after he slipped and fell while operating in a rough terrain.“While operating in the challenging and rugged terrain during prolonged operations in the general area…
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NEW DELHI: India on Saturday strongly condemned recent airstrikes by Pakistan in Afghanistan, which reportedly caused civilian casualties and damage to infrastructure. Ministry of external affairs official spokesperson Randhir Jaiswal said that the strikes constitute “yet another act of aggression by a Pakistani establishment that remains hostile to the idea of a sovereign Afghanistan” and…
NEW DELHI: The Ministry of Petroleum and Natural Gas on Saturday said consumers with piped natural gas (PNG) connections will no longer be allowed to retain, obtain or refill domestic LPG cylinders under an amended supply order.The ministry, in amendment order, said that it will bar government-run oil marketing companies from issuing new LPG connections…
A bitcoin comeback may be underway. Just as the cryptocurrency was kicking off its latest winning week, ProShares’ Simeon Hyman was emphasizing a bullish bitcoin trend on CNBC’s “ETF Edge.” “If you look at bitcoin, it’s up a little bit and equities are down [since the Iran war began,]” the firm’s global investment strategist said…
Union Coal and Mines Minister G Kishan Reddy on Saturday said coal demand could rise further in the coming weeks with temperatures climbing, but asserted that the government is prepared to manage the situation through higher domestic production, PTI reported.He said coal companies are stepping up output and the Centre is in constant coordination with…
