Karnataka bandh today: Are banks open or closed in Bengaluru on Thursday, August 13?
Essential services are expected to remain operational during the statewide bandh in Karnataka on Thursday.
Essential services are expected to remain operational during the statewide bandh in Karnataka on Thursday.
The Central Board of Direct Taxes (CBDT) has notified a new income tax return form for block assessments arising from search and seizure cases. The ITR-BN (income tax return for block assessment) form has been introduced under the Income-tax Act, 2025 and will take effect retrospectively from April 1, 2026. However, this return form is…
Central government pensioners and employee organisations are seeking a reduction in the 15-year period for restoration of commuted pension. Several associations have urged the 8th Pay Commission to recommend restoration after 10 to 12 years, arguing that the existing rule is based on financial and actuarial assumptions that are several decades old. What is pension…
A Chennai bench of the Income Tax Appellate Tribunal (ITAT) has deleted a ₹26 lakh penalty imposed on a salaried taxpayer who accepted a cash advance for selling his house during demonetisation, ruling that his financial circumstances constituted reasonable cause for the transaction. In its order dated 13 October 2026 in Murugesan Thulasimani v. ITO,…
UPI transaction volume remained above the 24-billion mark in September despite a 1.8% month-on-month decline, according to data released by the National Payments Corporation of India (NPCI), even as concerns among traders over the introduction of a Merchant Discount Rate (MDR) from October 15 loom over the digital payments ecosystem. The Unified Payments Interface recorded…
99.97% haircut? How the scissors worked in the Subhash Chandra case NCLT has approved a resolution plan allowing Zee founder Subhash Chandra to pay about ₹6.5 crore against ₹22,006.57 crore in admitted claims in insolvency case. The 99.97% haircut has sparked controversy, but the claims relate to his role as a personal guarantor, not personal…
Gold and silver prices rose on Thursday, October 15, after falling for three consecutive days, offering some relief after a sharp selloff. Gold prices rose 0.64% to $4,138.34 per ounce (at the time of writing), recovering from Wednesday’s 1.11% decline. Silver prices gained 0.37% to $55.944 per ounce after plunging 6.29% the previous day. Here’s…