ITR filing: For individuals and those not requiring account audits, the submission deadline remains July 31. New ITR forms for FY 2024-25: The Income Tax Department has issued a new ITR-1 and ITR-4 for tax filing purposes for the assessment year 2025-26, simplifying the process for individuals with long term capital gains up to Rs…
File photo: Ex-South Korean President Yoon Suk Yeol (Picture credit: AP) South Korean prosecutors have indicted country’s former President Yoon Suk Yeol for abuse of power, adding to the growing list of charges against the ousted leader, who is already on trial over an alleged attempt to stage an insurrection through the imposition of martial…
The three iPhone manufacturers in India are Tata Electronics, Pegatron and Foxconn Hon Hai. (AI image) Apple’s iPhone exports from India to the US constituted 97.6% of total iPhone exports in March 2025, rising from 81.9% in the December-February 2025 period. This shift aimed to avoid increased tariffs on Chinese imports.According to an S&P Global…
BEIJING: United States officials have reached out to their Chinese counterparts for talks on vast tariffs that have hammered markets and global supply chains, a Beijing-backed outlet said on Thursday citing sources.Punishing US tariffs that have reached 145 percent on many Chinese products came into force in April, while Beijing has responded with fresh 125…
Elon Musk recently announced his intention to increase his focus on managing Tesla. (AP photo) Tesla’s board members contacted multiple executive search firms approximately a month ago, seeking potential candidates to succeed Chief Executive Officer Elon Musk, according to a report by the Wall Street Journal, which cited sources familiar with the discussions.The Wall Street…
A fresh royal showdown may be looming as Prince William reportedly plans to permanently strip Prince Harry and Meghan Markle of their “HRH” (His or Her Royal Highness) styles once he ascends to the throne, a move insiders say reflects his growing frustration with the Sussexes’ continued ties to royal status.According to a Daily Beast…
Coldplay’s Ahmedabad concerts generated Rs 641 crore economic impact (Picture credit: ANI) NEW DELHI: British rock band Coldplay’s two-night ‘Music of the Spheres’ concerts in Ahmedabad created an estimated overall economic impact of Rs 641 crore, with a direct boost of Rs 392 crore to the city’s economy, a report by EY-Parthenon and BookMyShow Live…
US President Donald Trump (Pic credit: AP) US President Donald Trump on Wednesday said that his tariff strategy might result in fewer and costlier products for American consumers, but the economic pain would hit China harder.Speaking to his Cabinet amid fresh signs of economic slowdown, Trump downplayed concerns that the US economy is heading toward…
NEW DELHI: Govt has notified the income tax return forms 1 and 4 for assessment year 2025-26, and made it easier for individuals with long term capital gains of up to Rs 1.25 lakh from listed equities to file returns.Govt has also made certain changes in the form regarding deductions claimed under 80C, 80GG and…
As India and Pakistan grapple with renewed tensions after the deadly Pahalgam terror attack, a video of Pakistani Senator Palwasha Mohammad Zai Khan making provocative remarks in Pakistan parliament has gone viral, fuelling diplomatic ire and social media outrage. In a fiery speech delivered in Pakistan’s Upper House on April 29, the senator declared, “The…
