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Trump to sign executive order delaying July 9 tariff deadline to August 1: White House

Leavitt stated that 12 other nations, in addition to South Korea and Japan, will receive letters and notifications regarding tariffs from Trump.

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Mukesh Ambani, Asia’s richest tycoon, is making America great again

Amidst trade tensions, Mukesh Ambani’s Reliance Industries is poised to import US ethane, potentially reshaping India’s fuel economics.

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Tata Steel ties up with InQuik to bring Modular Bridge Technology to India for faster bridge construction

Tata Steel has signed an agreement with Australia’s InQuik Group to bring modular bridge technology to India. The plan is to use InQuik’s prefabricated steel formwork, which speeds up bridge building and keeps costs low. The move will help link…

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Oil prices ease as traders assess US tariffs, OPEC+ output hike

Oil prices experienced a slight dip on Tuesday following gains in the previous session, influenced by concerns over newly announced U.S. tariffs and a larger-than-anticipated OPEC+ output increase for August. While Trump’s tariffs raised fears of economic slowdown and reduced…

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India tapping new markets, taking to reforms to fight trade curbs: Nirmala Sitharaman

Finance Minister Nirmala Sitharaman emphasized India’s resilient economic strategy at the BRICS meeting, highlighting diversification, infrastructure growth, and structural reforms. She advocated for BRICS leadership in inclusive multilateralism amid global institutional challenges, urging cooperation and reforms. This comes as the…

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Trump says US ‘very close’ to a trade deal with India

India US Trade Deal News: President Trump announced the U.S. is nearing a trade agreement with India, extending the deadline for reciprocal tariffs to August 1. This follows finalized agreements with the UK and China. The administration has notified 14…

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News

  • Joint income tax return? This Rajya Sabha MP has a fix for couples paying higher taxes

    Rajya Sabha MP Raghav Chadha has proposed the provision of joint income tax returns for married couples to provide equitable relief for single-income households, similar to systems in developed countries.

  • Returning from Dubai for safety: will it affect my tax residency?

    Once you qualify as a Resident and Ordinarily Resident under ITA, your global income becomes taxable in India.

  • Advance tax: How to check and download challan, make corrections in case of errors — step-by-step guide

    The advance tax payment deadline was on 15 March. Taxpayers can check your payment status online, check and download your payment challan and make corrections. Here's where and how…

  • Missed advance tax final instalment deadline? Here's what taxpayers should do now to avoid higher penalties

    Taxpayers who missed the 15 March advance tax deadline can still make the payment. However, delays incur interest under Sections 234B and 234C. Here's what they should do now. 

  • Tax harvesting can save money—but it can also derail your portfolio

    As investors rush to optimize taxes before the financial year ends, experts warn that tax harvesting can trigger poor portfolio decisions and behavioural mistakes that undermine long-term returns.

  • A ₹38 lakh hospital bill—and the top-up claim that took months

    Top-up policies are a cost-effective way to boost health insurance cover, but deductibles, paperwork and insurer coordination can complicate claims.

  • I bought an apartment in 2013 but registered it only in 2025. What is the year of acquisition?

    If you had entered into an agreement with the builder in 2013 and the registration was undertaken only in August 2025, the date of acquisition would be the date of the agreement, i.e. 2013, and not the date of registration.

  • Can I use MF sales proceeds to pay home loan and get Section 54F benefit?

    Section 54F exemption is unavailable because the residential property was acquired more than one year before the sale of the MF units. While the exemption fails the timing criteria, taxpayers can still use Section 80C and Section 24 deductions for principal, interest repayments under old tax regime.

  • Advance tax deadline today: Can you pay the final instalment on 15 March via credit card?

    The final advance tax payment deadline for FY 2025-26 is 15 March 2026. Payments can be made via the e-filing portal, including credit cards, which may incur fees. Details here. 

  • How global reporting may pull crypto bets out of the grey zone

    Through a series of legislative changes in 2025 and 2026, India has operationalized a reporting framework aligned with the OECD’s Crypto-Asset Reporting Framework, aiming to move crypto from an opaque asset class into a transparent financial instrument.

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